The Financial Mafia Fiddles While The World Burns.

       Our system propaganda machine, the mainstream media, continues to paint a picture that all is well within the system, with a few hiccups here and there. This despite the obvious impending collapse of the financial system that will bring extreme hardship and deprivation across the globe, moving it right across the developed world instead of containing it mostly, as it tries at present, in the poorer countries of the world. On top of that, there are massive uprisings across the globe by the people, against the brutal exploitative system that has for generations, heaped so much misery and deprivation on so many while lavishing untold wealth on the few. It is obvious to the thinking observer that something has to break and that break is not far off.

This from Its Going Down:

          The Demise of U.S. Hegemony: Analysis of a Revolutionary Heat Wave in Haiti, West Papua, Mexico and Beyond

Filed under: Analysis, The State

— Abolition Media Worldwide 

A look at recent revolts in Haiti, West Papua, and Mexico and how they are linked to the decline in US imperial power.

       A massive revolutionary heat wave has swept the globe this summer, as militants have risen up with the intent to overthrow their colonial and imperialist foes. In the face of gruesome and relentless State repression, the people are nevertheless holding and gaining ground. From West Papua to Mexico, from Haiti to Colombia, from Honduras to Sudan and beyond, those who have long suffered the violence and indignities of occupation are declaring, unequivocally, that they have had enough. These and other uprisings around the world herald the demise of U.S. hegemony.

Recent Events in West Papua, Mexico, and Haiti

        On September 23rd, 2019, West Papuan revolutionaries burned down an Indonesian colonial government building in Wamena, as the insurrection in West Papua that began last month gained new momentum. In August, racist attacks against West Papuans in cities on the island of Java prompted widespread protests in the provinces, and roughly 2,000 West Papuan students studying in Java headed home early. Indonesia’s colonial occupation of West Papua and the racist violence stemming therefrom have propelled these protests into a full-on insurrection— and the Indonesian State has responded accordingly.

The State remains unable to suppress the revolution, despite many feverish attempts. At least 35,000 West Papuans have been forced from their homes, and an additional 6,000 Indonesian police and military personnel were deployed to West Papua earlier this month. Still, when police murdered sixteen West Papuans after students protested against racism, the people administered revolutionary justice in the form of flaming barricades and the torching of several buildings, including a government building and the airport.

         In Mexico, on the fifth anniversary of the disappearance of 43 Normalista students from Ayotzinapa, militants attacked the national palace where President Andrés Manuel López Obrador currently lives, a Christopher Columbus statue, and other commercial and government buildings in Mexico City. The Normalista students disappeared on September 26th and 27th of 2014; last week, roughly 4,000 people, including students and anarchists, took part in enacting revolutionary justice against the State on their behalf.

Targeted offices included those of Secretariat of Welfare, the Superior Court of Justice of Mexico City, and the Ministry of Foreign Affairs, among other government agencies. In all, roughly thirty businesses and public offices were affected.

          On Friday, September 27th, revolutionaries throughout Haiti destroyed police headquarters, attacked residences of government officials, and burned a jail and courts to the ground. Insurgents there are fighting to overthrow the corrupt right-wing regime of Jovenel Moise, who is backed by the U.S. Four people died in clashes in recent days, with many reports of injuries. Moise’s government had siphoned off Venezuelan aid money that came through Venezuela’s PetroCaribe program, which had allowed Haiti to buy petroleum products at discount and on credit. The program has now been suspended, owing to both the U.S.’s interest in overthrowing the current Venezuelan government in order to install a new far-right puppet regime and its support of the Haitian State.

Faced with devastating fuel shortages and prices, the people of Haiti have set the island ablaze. In the capital city of Port-au-Prince, police were met with armed resistance; in Jacmel, the central court and prison were burned to the ground, while prisoners arrested during the last round of uprisings earlier this summer were liberated. In Thomonde, revolutionaries disarmed the police, who fled as their vehicles and substation were set on fire. And in Les Cayes, the office of USAID NGO Caris Foundation was ransacked and their vehicle was set on fire.

The Death of U.S. Hegemony

        While circumstances vary from one to another, these struggles are united in myriad ways. Not only are they all instances of anti-imperialist rebellion, but also among the sinister empires at the root of the oppression endured in West Papua, Mexico, and Haiti alike is none other than that of the United States.

        In 1957, eight years after having recognized Indonesia’s independence, the Dutch empire began a process that would allegedly allow independence for West Papua in 1972. What the Dutch did not know at that time was that twenty-one years earlier, a 1936 expedition had discovered an ertsberg (ore mountain) on West Papua. While various territorial claims had been made, the mountain remained uninhabited for over twenty years.

         Enter the twin demons of capitalism and imperialism.

The United States mining company Freeport-McMoRan Copper and Gold negotiated with Indonesian army general Suharto to allow prospecting on the mountain. In 1962, after Indonesia declared war on the Netherlands, the U.S. and U.N. predictably conspired to have “interim” control of West Papua signed over to Indonesia. The Indonesian State, having just over a dozen years earlier liberated itself from Dutch colonial rule, donned the colonizer’s clothes and viciously repressed the people of West Papua, making acts such as singing the West Papuan anthem and flying the West Papuan flag illegal.

General Suharto, no doubt thoroughly a U.S. stooge by this time, became president of Indonesia in 1968.

            Similarly, the U.S. empire also colonized Haiti through both stooge deployment and theft of resources. In 2015, the U.S. successfully installed its Haitian stooge, Moise, by enabling former president Martelly— via his goons— to frighten and intimidate Haitians into voting for Moise (who Martelly also backed). In 2010, Canadian and U.S. mining companies unearthed gold, silver, copper, and other valuable metals— roughly $20,000,000,000 worth— in Haiti. This was just after the devastating earthquake that instantly killed up to 300,000 people and from which Haiti has yet to fully recover.

Roughly 15 percent of Haiti’s territory was under license to North American mining firms and partners as of December 2018, including the U.S. company VCS Mining, the Canadian company Majescor, and their subsidiaries. Predictably enough, as the people of Haiti struggle harder and harder to meet their most basic needs, North American colonizers continue to profit wildly from the island’s resources.

Hillary Clinton’s brother, Anthony Rodham, was a prominent player in the mining scheme, according to corporate VCS documents. (It should come as no surprise that Rodham has no background in mining whatsoever.) Rodham joined the advisory board of VCS Mining in October 2013, and a 2014 VCS memorandum touts his influential connections to the Clintons’ “inner circles” and “power bases.”

While President Obrador (AMLO) was fashioned in the style of a left-leaning crusader for justice during the most recent Mexican presidential elections, he has unwaveringly done Trump’s bidding since taking office. AMLO, who vowed not to do Trump’s “dirty work” with respect to abusing and oppressing migrants while on the campaign trail, has been deploying unprecedented levels of troops throughout Mexico, including his newly-formed and contentious Guardia Nacional (National Guard): an amalgamation of existing federal, military, and naval police.

         In spite of ample promises made to respect the autonomy of indigenous people, AMLO created the National Institute of Indigenous Peoples to manage indigenous affairs— an obvious attempt to undermine organizations such as the National Indigenous Congress, an anti-capitalist indigenous resistance movement focused on defending land and resources and protecting indigenous culture. In April, AMLO announced a series of megaprojects he claimed would improve regional development: the Maya Train, a new refinery in Tabasco along the Gulf of Mexico, the Trans Isthmus corridor, and the Plan Integral Morelos— all of which involve dispossession of farmers and indigenous communities. In some cases, construction and management have already opened to bidding by transnational corporations, including many that are U.S.-based.

        Trump personally sent a message to AMLO to assure the latter that the U.S. would invest in the Maya Train in particular. The area it will cover— approximately 1,500 kilometers, from Palenque to Cancún— is already overrun by big-box hotels, fine-dining restaurants and nightclubs which allow tourists from advanced capitalist societies to enjoy luxury on the cheap. By comparison, local economic benefits from this arrangement are minimal. Tourists are spared the sight of the wretchedly under-serviced neighborhoods outside of town that are home to the army of service, maintenance and construction workers whose starting salary ranges from $180 to $420 per month for a six-day week. One can imagine how far that goes in a city dominated by international tourism.

        That this by-colonizers-for-colonizers railway invokes the name of the first indigenous people of Mexico pours salt on an ever-widening wound. (It is fitting that so many harbingers of the end of the U.S. empire’s dominion should occur as we approach Indigenous People’s Day, October 7th— a day the State calls Columbus Day and that was meant to celebrate Columbus’s enslavement and murder of indigenous people, but is now being reclaimed by U.S.-based anti-imperialists as a day to commemorate indigenous martyrs and express solidarity with ongoing indigenous struggles unfolding across the globe.)

One remarkable thing about the present moment is that the three revolutionary uprisings explored above do not even amount to half of the total number taking place worldwide:

        On September 20th and 21st, thousands of people in at least eight Egyptian cities took to the streets to demand the removal of President Abdel Fattah el-Sisi, a fascist who won both the 2014 and 2018 “elections” after running against no serious contenders and amid widespread voting boycotts.

Two days later, on September 23rd, students in Colombia rebelled in the capital city of Bogota and defended themselves in the face of violent repression by the police. This was the second clash between students and police there this year, and the third since current President Ivan Duque took office. (Under his regime, repression of student protests of any kind has become increasingly merciless.)

Three days later, on September 26th, roughly two thousand people demonstrated in Khartoum, Sudan to demand the immediate release of Waleed Abdelrahman Hassan, a Sudanese student who had been detained by Egyptian authorities and delivered a coerced confession on television.

         Still, this list is not exhaustive.

Revolutionary anarchists stand in solidarity with all oppressed people, and recognize the potential contained in this moment. We mourn those who have already fallen in these struggles, but are buoyed by the knowledge that the Age of Empire is coming to a definitive end. The revolutionary heartbeat is palpable and thunderous, pulsing across oceans, deserts, mountains, and hills; igniting fortitude and resilience like wildfire. Neither individual State actors nor their imperial puppet-masters can put out the fire that burns in the chest of the People.

We welcome the imminent demise of U.S. hegemony, and support all of those who continue to fight for liberation!

Sources:

https://www.aljazeera.com/indepth/opinion/2011/08/201182814172453998.html https://sfbayview.com/2018/12/merten-mercenaries-marionettes-and-the-media-blackout-on-haiti/ https://truthout.org/articles/amlo-in-office-from-megaprojects-to-militarization/

Visit ann arky's home at https://radicalglasgow.me.uk

Behind The Smoke And Mirrors.

        It is always good to hear some truth, coming from America and spoken by an American from the "higher echelons".

       Basically, the war machine in Washington (I call it the Warfare State), couldn't abide that. There are just too many people that operate in the devil's workshop; which is to say we have all of this capacity, we have all this machinery of war-making and of intervention and of global empire that is obsolete and unnecessary -- and yet it is manned by people who want something to do. Who need to justify budgets. Who need to pursue and prosecute missions. That is what I think is happening at the present time.

       It's just the warfare state machinery has gotten itself activated into motion and it is drastically simplifying the real facts that we face and creating a narrative that is really preposterous in terms of what our national security, the safety and security of the American people, really requires in this circumstance.

 

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

All Fall Down.

     Listening to the Cameron millionaire cabal spouting about growth in the economy, and how we in the Uk are ahead in the European recovery, makes you wonder how well their medication for delusion is working. The latest “growth” is now thought to be cash being spent by those who have received compensation from the banks after being miss-sold some of the banks' favourite gambling scams. So as long as the banks keep getting fined and people keep getting compensation, people will keep spending, well those few on the receiving end of the banks con-fund. Hardly the signs of a powerhouse economy in growth. In countries claiming “recovery”, it has been a no-wage increase economy, so a no-growth recovery for the ordinary people.

      However it is not just the UK that is kidding itself on about “growth”, it is a Western malaise, the delusion of the perpetual growth maniacs. It just isn't there. The world economy is in decline, the world's financial institutions are in extreme stress condition. As America tries in vain to save itself, by limiting “quantitive easing” (printing monopoly money) it is adding to the chaos and worries of the rest of the world.

     What this means for you and I, is the threat of deprivation on a scale never witnessed before, as country after country tries to “balance the books” by slashing the social fabric, the living conditions, of the ordinary people. How do you balance the books when the world's total debt is in excess of $700 trillion, and the world's total GDP is only approximately $69 trillion? What this means is that if every penny of the world's wealth was put to paying off the debt, it still would not be clear in ten years time. To make matters worse, more than 90% of the world's money is not real money, it is funny money, phoney money, created monopoly money, it is illusional. Any wonder that the financial house of cards is about to collapse? We have to organise now for that inevitable collapse, we can create a better world free from the cancer of profit and growth.

This from A World To Win:

A contagion of capital flight is hitting Argentina, India, Indonesia, Russia, Brazil, South Africa, Hungary and Turkey. A dramatic reversal in the global marketplace, which began in May and is accelerating with every new shock statistic, is forcing the governments of “emerging” economies to savage the living standards for their already low-income populations.

Each country has a different story to tell: worse or better attempts at managing their economies; higher or lower levels of foreign currency reserves; more or less extremes of corruption of government ministers; levels of civil unrest ranging from the benign to insurrectionary. But the source of the crisis invading their borders lies elsewhere, beyond their control. 

- See more at: http://www.aworldtowin.net/blog/sick-global-economy-hit-by-new-contagion.html#sthash.v4CoE9xp.dpuf

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

Finance Is A House Of Cards, And There's A Wind Blowing.

       More on that impending financial collapse, that flies in the face of the Cameron/Osborne, “you've never had it so good lie”, "the recession is over", "we are on recovery mode". The financial “experts" are telling people to pull their money out of the giant HSBC bank and advising shareholders to sell, as it appears to be going down the plughole. The whole money system is just a house of cards, monopoly money, an illusion, a world wide scam.
A couple of quotes that might help to verify that claim:

  1.        This used to be the way pretty much all of the money in circulation came to be.  That is, until Investment and Retail Banks got tired of this monopoly on debt based currency, and kicked off the commercial money supply.  You might assume that when you take out a loan or other form of credit, a bank gives you that money from its reserves, and you then pay back that loan to the Bank at a given interest rate – the Bank making its profit on the interest rate.  You would be wrong. The Bank simply creates that loan on a computer screen.  Let’s say you are granted a loan for $100,000.  The moment that loan is approved and $100k is entered on the computer – that promise from you to the bank creates $100k for the bank, in that instant.  This ledger entry alone creates the $100k, from nothing. Today, over 97% of all money that exists, is made this way.

And

2.          The world’s second richest man, Warren Buffet warned us in 2003 that the derivatives market was ‘devised by madmen’ and a ‘weapon of mass destruction’ and we have only seen the first blast in this debt apocalypse.The news that should have us all worried is: the derivatives market contains $700trn of these debts yet to implode.
          Global GDP stands at $69.4trn a year. This means that (primarily) Wall Street and the City of London have run up phantom paper debts of more than ten times of the annual earnings of the entire planet.
         Not only can the Bankers not pay it back, the combined earning power of the earth could not pay it back in less than ten years if every last cent of our productive power went solely to pay off this debt.

Both quotes are from an article on jacknowledge:

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

Does Utopia Exist?

        Does Utopia exist? Well, there is a small town in Andalusia in Spain called Marinaleda, with a population of just over 2,700 and they have no municipal police, another feature of this small town is that every week or so they declare a “Red Sunday” when the citizens go out and clean the streets and do odd jobs about the town that need doing. Marinaleda runs a 3,000 acre farming co-operative, employing 2,650 people, the farm is about 7 miles outside of town, as well as olive groves, they grow artichokes, broad beans, broccoli and peppers and has a section growing wheat. This didn't come about with a grand plan in some central office, but was born from the struggle of the people of the town, and their belief that planning the future is not enough, the future has to be built here and now, in the present, brick by brick.

     The mayor of this remarkable town is one, Juan Manuel Sánchez Gordillo and is quoted as saying,

     ‘The myth of capitalism has crumbled,’ he announced, ‘that the market is an omnipotent God that fixes everything with his invisible hand. We’ve seen this is a great lie, a stupid fundamentalism: we’ve seen that in times of crisis, markets have had to resort to the state, and that states are putting money into the banks.-----If there were any justice in the world the big bankers, and the governments that allowed them to perpetrate their economic terrorism, would be in jail. And those same people who caused the crisis are the ones who now want to fix it. The pyromaniac wants to play the fireman! Mrs Merkel and Mr Sarkozy want to speak for the banks and fix what they caused.

    You can read more on this human endeavour for justice in the book The Village Against The World.

      An interesting fact about Spain is that in 2008, Spain's financial situation was well withing the Eurozone's fiscal rules. In fact, Spains government debt as percentage of its GDP, was lower than Germany's. The debt was created out of the crash, it was not the debt that caused the crash. Hundreds of billions of Euros were poured into Spains banks after the crash. It was the financial market's collapse that caused the debt and the resultant “austerity” (read poverty) across the whole of Europe.

      We the people are still paying for the greed of that parasite army, the financial Mafia. Perhaps we should be taking a leaf out of Marinaleda's book, and building our future here and now brick by brick, outside this festering mess of capitalism. 

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

THE BILLIONAIRES GOLD RUSH!!!

        While the financial Mafia's puppets, our elected leaders, are running around taking crap about growth and austerity in one breath, trying to convince us that they have the financial "crisis" under control, what are the real big money men doing? Those billionaires that shuffle money around to make a quick buck at our expense seem to be saying that the system can't be fixed. Two of the biggest players in the financial gambling casino, Soros and Paulson, are dumping their financial shares  and buying gold as fast as it can come out the ground. Soros has openly stated that the financial system is about to collapse, and now it seems that he is packing his bags and getting out of the casino. 

This from Inquiring Minds:

Perhaps even more disturbing is what he believes is coming after the financial collapse….

As anger rises, riots on the streets of American cities are inevitable. “Yes, yes, yes,” he says, almost gleefully. The response to the unrest could be more damaging than the violence itself. “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”

That doesn’t sound good.
George Soros has told us what he believes is going to happen, and now he is making moves with his money that indicate that he is convinced that it is actually about to start happening.
But he is not the only one that has been busy accumulating gold.
Billionaire John Paulson (the one that made 20 billion dollars on the subprime mortgage meltdown) has been buying gold like crazy and his company now “has 44 percent of its $24 billion fund exposed to bullion.”
So why are Soros and Paulson buying up so much gold?

Read the full article HERE:

ann arky's home.

THE END OF THE BANKERS' PONZI SCHEME?

         Predictions for the global economy and banking system grow more dismal by the day. One financial commentator, Business Insider, puts it thus; “The problem is not Government Debt per se. The real problem is that the $70trillion in G10 debt is collateral for $700 trillion in derivatives--- Yes, that equates to 1200% of global GDP and it rests on very, very weak foundations.”

Continue READING:

       Here in Europe the financial Mafia and their action men, the national governments, waffle with all sorts of ideological theories, from bleak brutal austerity, to austerity with grow, but nothing is actually being done, meetings and discussions keep them busy, sort of fiddling while Rome burns. Of course we shouldn't blame them too much, as in actual fact there is nothing they can do, the ship has a large hole well below the water line, it is called “magic money made from nothing”. What this means to the ordinary people caught up in this the biggest ponzi scheme of all times is dire poverty and deprivation on a scale not witnessed before. At this stage of their game unemployment across Europe is now at 11% for the second month in a row. Spain, has the highest unemployment rate in Europe at 24.3%, about the same as the US during the “Great Depression”. Greece at present has 21.7% unemployment, with Italy and Portugal both having 15.2%. France, one of the supposedly economically strong nations of Europe has unemployment running at 10.2%. Even that saviour of the western capitalist system, the US, unemployment has risen again and is now at 8.2%. These figures equate to 17.4 million people out of work across Europe, of that total 3.5 million are 25 years old or younger, up 214,000 on the previous month. What future does that predict for those young people of today and those still at school? In the face of all this “economic gloom” companies across the globe are shedding jobs like trees shed leaves as winter approaches.

        To any informed observer of the capitalist chaos that is at the present time, destroying millions of lives across the planet, it becomes obvious that the system cannot work for the benefit of the ordinary people, it cannot be transformed into some fair, just and compassionate system that will see to the needs of all our people. It is and has always been an unfair, unjust elitist system and at present it is the the throes of its biggest crisis since its inception, and its only chance of survival is to plunder all public resources and assets and in the process destroy the lives of millions of innocent people. This chaos in the capitalist ponzi scheme is also an opportunity for the ordinary people to organise outside the system and take control of their own lives, control of their communities and their work places. To start to build a system that will produce for the needs of all our people freed from the greed for profit, a system that is built on co-operation and sustain ability. Now is probably the best opportunity we have had in years to bring down a system that has exploited our parents and our forefathers, generation after generation. In the words of the song, “From the ashes of disaster grow the roses of success”, however it is up to us, the ordinary people, but we have to do it without, Leaders, Presidents, Monarchs and others of that ilk. Their record is one of greed, disaster, exploitation, war and deprivation.

An attempt to rescue the bankers and their friends.

ann arky's home.

WHAT HAPPENS IF THE GREEKS DEFAULT?

        The end is nigh, prepare for Armageddon, the banking world is in shit creek and the system is about to explode. Of course most people with any knowledge of capitalism know that it is unsustainable and will eventually collapse, the financial sector is just part and parcel of that same system. Our problem is not so much the collapse of the system, but how do we react to that  catastrophic event? Will we fight to get it back on the rails, so that we can get back to borrowing and getting ever bigger mortgages, back to a job with crap wages and an never ending struggle to get an increase that will help you survive? Or will we decide to take control ourselves and change the entire system to one free from the profit motive, bond holders and financial spivs? The following is an extract form a much longer and more detailed article HERE.

What Happens if the Greeks Default?

       Andrew Lilico, writing in the London Telegraph, gives us the answer to that question with a series of short bullet points. I might not agree with all of them, but he is looking in the right direction. (quoting from http://blogs.telegraph.co.uk/finance/andrewlilico/100010332/what-happens-when-greece-defaults/)

       “It is when, not if. Financial markets merely aren’t sure whether it’ll be tomorrow, a month’s time, a year’s time, or two years’ time (it won’t be longer than that). Given that the ECB has played the “final card” it employed to force a bailout upon the Irish – threatening to bankrupt the country’s banking sector – presumably we will now see either another Greek bailout or default within days.

“What happens when Greece defaults. Here are a few things:

- Every bank in Greece will instantly go insolvent.

- The Greek government will nationalize every bank in Greece.

- The Greek government will forbid withdrawals from Greek banks.

- To prevent Greek depositors from rioting on the streets, Argentina-2002-style (when the Argentinian president had to flee by helicopter from the roof of the presidential palace to evade a mob of such depositors), the Greek government will declare a curfew, perhaps even general martial law.

- Greece will redenominate all its debts into “New Drachmas” or whatever it calls the new currency (this is a classic ploy of countries defaulting)

- The New Drachma will devalue by some 30-70 per cent (probably around 50 per cent, though perhaps more), effectively defaulting 0n 50 per cent or more of all Greek euro-denominated debts.

- The Irish will, within a few days, walk away from the debts of its banking system.

- The Portuguese government will wait to see whether there is chaos in Greece before deciding whether to default in turn.

- A number of French and German banks will make sufficient losses that they no longer meet regulatory capital adequacy requirements.

- The European Central Bank will become insolvent, given its very high exposure to Greek government debt, and to Greek banking sector and Irish banking sector debt.

- The French and German governments will meet to decide whether (a) to recapitalise the ECB, or (b) to allow the ECB to print money to restore its solvency. (Because the ECB has relatively little foreign currency-denominated exposure, it could in principle print its way out, but this is forbidden by its founding charter. On the other hand, the EU Treaty explicitly, and in terms, forbids the form of bailouts used for Greece, Portugal and Ireland, but a little thing like their being blatantly illegal hasn’t prevented that from happening, so it’s not intrinsically obvious that its being illegal for the ECB to print its way out will prove much of a hurdle.)

- They will recapitalise, and recapitalise their own banks, but declare an end to all bailouts.

- There will be carnage in the market for Spanish banking sector bonds, as bondholders anticipate imposed debt-equity swaps.

- This assumption will prove justified, as the Spaniards choose to over-ride the structure of current bond contracts in the Spanish banking sector, recapitalising a number of banks via debt-equity swaps.

- Bondholders will take the Spanish Banking Sector to the European Court of Human Rights (and probably other courts, also), claiming violations of property rights. These cases won’t be heard for years. By the time they are finally heard, no one will care.

- Attention will turn to the British banks. Then we shall see…”

ann arky's home.

REWARD THE THIEVES!!!

       As we struggle through our daily grind most seem not to be fully aware of the impact of the cuts being implemented by the public school millionaire thugs. Aware or unaware we can be sure the results will be somewhere between horrendous and apocalyptic, with the public sector employees taking the brunt of this assault, though all the ordinary people will feel the pain.

       All the debate on the media is about how to cut, where to cut and by how much to cut. Nobody is talking about cause, blame, pay-back. The so called “financial collapse”, was predictable and was caused by the greed of the financial centre as they blew a great big housing bubble and aided and abetted by government and bankers gorged on it until it burst. The rewarded themselves, by grabbing massive slices of the mortgage revenue in the form of absurdly large salaries, loan shark commissions and those stratospheric “performance bonuses”. When the pot went dry and their scam collapsed they simple held out the begging bowl and the government, with tax payers money, duly obliged. Groups of individuals were culpable and gained immensely from their greed, but who is being held to account? Nobody, it is expected that the ordinary individual will take the hit, so as to protect the lavish lifestyles of the perpetrators of this giant scam. The very fabric of our society will be shredded, unemployment will soar, what savings the ordinary person thought they had in the value of their home will drop dramatically. Meanwhile the financial Mafia will continue to laugh all the way to the bank. The ordinary people of this country did not cause the “collapse” (mess) they are the victims, but then again, this is capitalism, and that is the way that the system is meant to work. You work all your life, they live off your back. Get used to it, or change it forever.

ann arky's home.