Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Saturday 10 May 2014

Two Rats From The Same Sewer.


       Two rats from the same sewer, finance and arms dealers, both are central to the festering abscess that is capitalism. They both feed each other, with death and misery being the result. The corporate financial Mafia are the driving force behind the "austerity" ideology that is responsible for the rapid declining living standards of the ordinary people everywhere. The arm industry, with the help of the financial mafia, the banks, feed the thugs, such as NATO, that create mayhem, death and destruction across the planet, in an attempt to protect the interests of their lords and masters, the corporate world.
       The ordinary people gain nothing from neither, but pay in blood and sweat to fatten the coffers of these, surplus to requirements parasites. Anything that can be done to highlight the true nature of their business and turn the public against them can't be bad.
 This from Act For freedom Now:
 
--------A local anarchist and member of the Stop NATO Cymru campaign group said: “We took part in the May Day march to draw attention to the struggles of workers all over the world against exploitation and violent oppression which is exacerbated by arms producers here in the UK.
       We targeted Barclays because it’s a major investor in Exelis Inc. the parent company of the EDO Corporation which is guilty of mass-producing arms to sell to oppressive regimes, exacerbating violent conflict and suppressing legitimate protest. Barclays Global Investors UK Holdings Ltd has 5,059,591 shares in Exelis and Barclays PLC has 63,071 shares.
       We entered the branch after leaving the May Day march and refused to leave until we had made an impact. Within half-an-hour the management decided to close, depriving the company of a busy Saturday afternoon’s profit through direct action. We sent our message to the public by plastering the front of the building with stickers which gave details of Barclays’ guilt and sent a clear message to the company that we won’t tolerate money from our communities being used to fund war.”-------
Read the full article HERE:
Support from local coppers
Visit ann arky's home at www.radicalglasgow.me.uk

Saturday 24 August 2013

Money Isn't Real.


      One of the best explanations of the capitalist economic system I have ever heard. Full explanations of how the system works, some very interesting figures, done with humour, but accurate. Well worth the listen, The BBC, Where Did All The Money Go??

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

Monday 4 February 2013

Capitalism V Democracy.


       The extent to to which capitalism has distorted the distribution of the earth's resources is difficult to grasp, it has placed so much in the hands of so few. When we talk of economies and we tend to think of nation states, but the facts on the ground are different. Of the top 100 economies on the planet, 40 are corporations, the wealth of certain corporations dwarf the economies of some nations. Another little known fact is that less than 1% of corporations, mainly banks, control the shares of more than 40% of all global businesses. When it comes to who is big in this corporate world it is oil and gas, 7 out of the top 10 companies in the world are oil and gas. This distortion of wealth also distorts the direction of technology and development, the big money will control where that development will go, they will drive it to increase and consolidate their wealth and position of power. They will shape our world to their own advantage.
     So that brings us to the statement made by a certain Louis D. Brandeis, a member of US Supreme Court, 1916 – 1934, “We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.”  
     It is long past the time to wake up to that realisation, any talk of democracy while continuing with the present system of capitalism is empty rhetoric, thoughts of fancy, or at worst, just plain manipulation, hypocrisy and duplicity. The question of how do we get more democracy, is the same question as how do we get rid of capitalism. Any dancing round the edges about improving democracy within capitalism is fantasising, it is impossible, there is no room in capitalism for democracy, one is the antithesis of the other.

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Friday 10 August 2012

WHERE DOES MONEY COME FROM?


Money keeps growing, where does it come from, the money circulating in the world is way beyond the GDP of the world, why have we never got enough but others have billions? Do we need it? Quite a long video but worth the watching.




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Sunday 31 July 2011

BANKS GAMBLE - YOU OWE THE MONEY??

    
       " To understand why each Greek owes €30,000 in debt requires an understanding of the role of credit in the capitalist system. Fractional reserve banking allows banks to lend more money than they actually have. In boom times everything looks rosy to the capitalists and credit is extended and profit rates look healthy. But this expansion of credit fuels overproduction. It then starts to dawn that debt-saturation means not all loans will be repaid. Banks become reluctant to lend to one another and credit dries up. This is a credit crunch. As capitalists retreat to cash, effective demand in the market reduces and a recession occurs."

     The above is a short extract from an interesting and informative article in that excellent paper and website, THE COMMUNE. Take a peek and grasp a firm understanding of how and why we are being screwed by the wealthy, the name of the game is capitalism. 
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