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Spain’s ousted opposition leader reveals where the real power lies: with the country’s oligarchs

Spain's deposed Socialist leader, Pedro Sánchez, revealed that banks and newspapers secretly pressured him not to do a deal with Podemos.

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Demonstrators took to the streets of Madrid on Saturday to protest against Mariano Rajoy’s investiture. (Credit: http://www.lamarea.com/ – CC BY-SA 3.0)

Let Mariano Rajoy stay in power or bring on a third round of elections. Those were the only choices that the former Secretary General of the Socialist Party, Pedro Sánchez, said he was given by the country’s top media and corporate oligarchs in a prime-time interview last night.

Sánchez, who was ousted from his post after a Socialist Party revolt on October 1, announced his resignation as a Member of Parliament in tears last Saturday. Hours later, his fellow socialist MPs abstained in a crucial vote to allow Mariano Rajoy a second term in office.