Many Spaniards fear the effect the cuts will have on the economy, where the unemployment rate exceeds 20% - twice the eurozone average.
"We fear a negative effect especially on the economies of consumer countries in terms of inflation, " he added.
Therefore, people who are using the Internet legitimately need not fear a chilling effect, said Mark Litvack, vice president and legal director of anti-piracy for the MPAA. Jonathan Zittrain, also a fellow at the Berkman Center, agreed, saying that such an effect need only be feared if the MPAA tries to push the ruling too far.
Other complaints include that the series of downgrades spreads fear of a domino effect across Europe that could cause a double-dip in EU economies.
FORBES: Rating Agencies: Damned If They Downgrade, Damned If They Don't
But if enough people expect a negative effect, the fear will be self-fulfilling.
It says the document should be simplified, although some teaching unions have said they fear this could have the effect of watering it down.
It may also fear a dam-bursting effect if the SEC finds nasties in the Longtop accounts that prompt it to demand other companies' audit papers.
ECONOMIST: A dreadful choice: whether to annoy America or China
Employment in farming and related industries fell by half between 1994 and 1997: many farmers laid off workers before the new laws came into effect, for fear that it would be harder later.
Although Abbott could probably afford the loss of the Brazilian revenues (0.5% of its total sales) if a compulsory licence were issued, industry representatives and patent-rights advocates fear the precedent-setting effect of such a move.
But again the fear of regulation may already be having an effect.
They include a labour-contract law that came into effect on January 1st and which many employers fear could make it much harder to fire underperforming workers.
Not surprisingly, some charities fear it could cut donations, although it would obviously have no effect on the behavior of billionaires like Warren Buffett and Bill Gates, who have pledged to give away half or more of their wealth.
Only when people on both sides of a salary negotiation fight against the stereotype threat effect will women truly be able to negotiate fairly and without fear of prejudice.
FORBES: It's Not You, It's Me - Negotiation and Stereotype Threat
But there are many economists who fear that what is happening to the price of these commodities could have a seriously destabilising effect on the world economy.
The fear is that if Apple's growth rate slows, it will have a knock on effect on suppliers such as Foxconn.
If the firms on the other side of Enron's trades start to fear that payment is not coming, they might curb their other trading, producing a knock-on effect.
Hence, the effect of the U.S. deployment might be the opposite of that intended: It could reduce fear of Israeli pre-emption among potential Arab aggressors.
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