It's A Global Rip-off Sytstem.

        Every Thursday in Madrid, protesters, among them many pensioners, turn up to demonstrate outside the main banks such as Bankia. When Spain's property bubble burst in 2008, the banks attempted to balance their books by encouraging some 300,000 families to invest their life's savings into complex preference shares. The families say that instead of being warned of the risks, they were assured that the shares could not be safer. Now the banks are bust, the money has gone, and thousands pensioners and families have lost everything. There are thousands of arbitration cases, which can take years, and some are being offered a fraction of their savings. Of course to be a 70+ year old pensioner and told that your case will take years and it will be a fraction of what you had, is hardly justice. That money didn't just vanish into thin air, it went somewhere, just one of the many ways this system siphons wealth upwards to the pampered parasitic class.

 Photo from Demotix.

 

       Another way to syphon wealth from the ordinary people to that group of leeches, is to sell off public assets. Staying with Madrid, there have been protests there against the selling off of publicly owned affordable housing stock, to venture capitalists, which results in increased rents and evictions. This is the way this system, controled by the financial Mafia, works, everything can become a money-maker, all you have to do is force the ordinary people to pay, if they don't, then like the banks, steal their money, or the venture capitalists, evict them.

Photo from Demotix.

  

Main banner of the demonstration, in Spanish: 'Right to housing for everyone, out vulture funds. Against the financial scam'.

        This is Spain, but it is not unique, across the globe the pattern is the same, it is a world wide con-system, a universal rip-off, a system that for the many, it produces struggle, poverty and deprivation, for the few, opulence. When the financial Mafia talk of growth, they are talking about their balance sheets, that need have nothing beneficial for you and I. The system is run by the wealthy parasites and everything they do will be to protect and increase that wealth, we are incidental to them, to be used, or abandoned as surplus to requirements. Is this what we want for our kids and grandkids? The choice is ours to make, we can destroy this greed drive system of exploitation, and replace it with one that sees to the needs of all our people. We have the imagination, the ability and the resources, all that is missing is the will. Think, what type of heritage do you want to leave to the next generation? 

Visit ann arky's home at www.radicalglasgow.me.uk