WW3

           Capitalism stutters from one crisis to another but people seem to forget, the capitalist system is always in crisis. Over production, inflation, labour shortage, lack of growth, its necessary ingredient, are just some of the inherent flaws in the insane economics of capitalism. The recent flutter of worries over the collapse of two Banks within a week is the least of their worries. Another unexploded bomb in their midst is the sudden mushrooming of "buy now pay later" loans. Even when times are hard, the system still wants you to continue buying all those little luxuries. hence the pie in the sky, there is a cost of living crisis, they still have to move all those luxuries, but there isn't the where-with-all to pay for them. So the magic wand of capitalism, "buy now and pay later" when the "good times" return. Of course the don't and all this millions of loans don't get paid, boom and other capitalist crisis.
        The capitalist system has never recovered from the 2008 banking collapse, they are desperate to re-capitalise the system, and despite enforcing years of austerity on millions and billions of tax payers bailout cash, they have still failed miserably. The Western oligarchs that form the American financial Mafia are desperate to get back to those glory days that America enjoyed after WW2, when the world paid homage to the dollar and the loot kept flowing into the U$A coffers. However emerging economies, like China, Russia, India etc. are making that difficult for the masters of the dollar.
        So our biggest worry should be the fact that these parasitic masters of the dollar will take desperate measures and play their big ace, war. War is also a great way of releasing tax payers money into the military industrial complex, and a way of destroying the opposition and grabbing their resources, in the insane hope of that illusion, "Make America Great Again"
      There is desperation among the big dollar owners and dollar lovers, and desperation leads to drastic consequences. We would do well to remember, WW2 caused the deaths of 100 million+ innocent individuals, with America the only nuclear nation then, and they used that power on Hiroshima and Nagasaki, WW3 would more devastating as several nations now have nuclear weapons. The result would be the complete devastation of the entire planet. The masters of capitalism don't worry too much about that, it is up to us, the ordinary people to take away that power and take control and create the society we want, freed from the insanity of capitalist economics. 

 
The following extract from Struggle-La-Lucha.

 

          Drone swarms. The Pentagon’s massive budget includes a new project, the Autonomous Multi-domain Adaptive Swarms-of-Swarms (AMASS), to launch automated, coordinated attacks by swarms of thousands of many types of drones that operate in the air, on the ground, and in the water.
    

The White House released its budget request for 2024. For the Pentagon, there is $824 billion. Adding armaments for military operations in Ukraine takes that figure to more than $950 billion.
            Add the $24 billion Department of Energy budget item, as the department maintains nuclear bombs and related armaments. Hidden are the budgets for the CIA and other secret military forces. Biden’s total budget for world war totals well over $1 trillion.
            The Biden administration has started a proxy war in Ukraine against Russia. At the same time, it is building up toward war on China, including a possible U.S. invasion of Taiwan under some wild pretext, such as a threat from weather balloons.
           Don’t laugh. That’s how every U.S. imperialist war started, like the sinking of the battleship USS Maine in Havana harbor — the Maine sank because of a coal-bunker fire next to the ship’s gunpowder storage, not from mines planted by Spain, as was reported at the time. “Remember the Maine” became the battle cry for launching the war with Spain in 1898.
        Like the “Gulf of Tonkin incident” in Vietnam, alleged attacks by the Vietnamese on U.S. ships that never happened but were used to authorize an all-out war on Vietnam. Like the “weapons of mass destruction” that never existed but were used to launch a war on Iraq.
            As history has shown, a country that prepares for war is likely to go to war. Washington is engaged in a military buildup against China, diplomatic hostility including sanctions and trade barriers, and multiple semi-unreported operations such as basing a fleet of U.S.-crewed nuclear-powered attack submarines in Australia.

Read the full article HERE: 

Visit ann arky's home at https://spiritofrevolt.info    

Our World.

           There is a lot of rumblings about the aftermath of this covid19 pandemic, but one thing we can be sure of is that we the people will be expected to take the pain. Government support schemes have kept some businesses afloat by throwing billions of pounds at them, paying company wages etc.. All this was to try and ensure their economic system would survive and unrest among the public would be limited. However, government support schemes will be withdrawn and borrowers, individual as well as businesses will start to come up short on their loans. So far banks have been seen as supportive of all this and not being to ruthless with their customers. For how long will the banks be able to hold on to that helping hand posture.
       No matter how hard they may wish to be seen in the public eye as the supportive saviours of the system, crunch time will come. The time will arrive when companies go bust and all that borrowed money lavished on them has to be paid back. The survival of the banking system will make them completely ruthless. That mountain of debt the government has thrown at its corporate friends will be called in by the financial Mafia they borrowed it from. That’s when you and I come in. The conditions for that pay back will be dictated by the moguls who run the financial Mafia scheme. 

       First thing will be cut government spending so that they can use more tax payers money to service the debt, then sell public assets to raise cash to service the debt, that puts more of our wealth in the hands of the corporate world. That translates as the financial Mafia get all their cash that was thrown at the corporate world back in their coffers, but you and I will take the pain. It will be Austerity writ large and bold across the generations of the ordinary people. We have yet to recover from the previous corporate gambling crisis and we are now about to be hit harder this time round, all to save the precious economy of the pampered wealthy powerful few. 

      We have to ask ourselves, is it worth sacrificing the lives, health, welfare and potential of our children to preserve the well being of a privileged, pampered parasite class. You know there is a better way to distribute the wealth that we the ordinary people create. They need us, we don’t need them, we make and distribute everything, it’s our world, we just have to take control of the system for the benefit of all our people.

WE THE LABOURING MASSES.

We the people have, every brick laid,
have fed the world with sweat and spade,
every instrument played in every band
created by the skill of the craftsman's hand.
We made every truck and every load,
our toil our effort every winding road,
every ship that ever sailed the sea,
our power our imagination made it be.
Cities and towns large and small,
our labouring hands fashioned them all,
every home, every spire,
luxury mansion or humble byre.
No matter what dreams the mind might spawn
without labour's hand, never see the light of dawn,
without labour's strength and labour's skill,
we would be foraging beasts in a jungle still.

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

We've Surely Learnt Our Lesson!!

        In 2008 the "crisis" hit the world, the choice of word "crisis" was very clever. A crisis suggests an event that everybody should run to assist in helping to alleviate, but this was not a crisis for everybody, this was a crisis for the money people from the excessive gambling of the financial Mafia. However to resolve their disastrous failure in the worlds biggest gambling casino the financial Mafia demanded that the governments of the world bail them out by plundering the public purse. We all know what followed was years of "austerity" for the ordinary people, slashing of social services, attack on wages and working conditions, a vicious attack on those receiving social benefits. The financial mafia recovered, but we the people still haven't recovered to where we were in living standards in 2008.

    The leeches that make up the financial Mafia have learnt nothing from that experience, the next "crisis" looms large on the horizon. For the first time in about ten years the US Federal Reserve is forced to lend emergency cash to banks to shore up their cracking structures. In the psyche of the financial Mafia the gambling frenzy didn't go away, it is their methodology for their get rich quick ideology. Most "financial experts" clam that the world's major banks are even more concentrated, and in the category of "too big to fail" than they were in 2008, and are more likely to fail in the inevitable coming financial crunch. After more than a decade of a very limp recovery, the global economy is looking at another "crisis". The bailouts and the easy cheap money policies, in no way went to fix the structural failures inherent in the capitalist system. The cheap money policies facilitated another boom in speculation and irresponsible lending, boosting share prices without any increase in real value and building that massive debt bubble that is now about to burst. 

       When that bubble burst, and it will, and soon, the failing banks and corporations will once again turn to the governments to heap the problem on the backs of the ordinary people. Surely this time round, unlike our capitalist gamblers, we have learnt something, and we will not tolerate an other decade or more of austerity to hit our families, so that the financial Mafia can again get back its massive gambling debts. We should by now be well aware of the game they play at our expense, and should take a more revolutionary road to protect ourselves and our families from this never ending cycle of bursting bubbles that heap poverty and misery on us, while the perpetrators regain all their plundered wealth.

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

Robbery With Violence.

 

     My few days escape was extremely pleasant, and it took the mind, momentarily, away from the manufactured, yet inevitable turmoil, inequality and horror of the capitalist system, even although it was still all around me. However, no matter where you hide you head, that capitalist nightmare is still there, biting at your backside. 

      Ten years since the so called "financial crisis", a euphemism for the gamblers vast loses, a period that seen the financial mafia demand that the various states reimburse them with what they had lost in their gambling frenzy. The public would have to pay for their greed driven gambling disaster. The plundering of the public purse would be politely know as "austerity". Ten years on and the gamblers are richer than ever, and the ordinary people are poorer than ever, and the mountain of debt that the financial Mafia ran up and was responsible for their plight, is now greater than ever. Considering the damage and misery inflicted on the ordinary people by this deliberate action, it is in fact robbery with violence.

     The financial Mafia is now merrily repeating its greed driven gambling frenzy, but with larger sums, while we the ordinary people continue our downward slide, thanks to the mountain of debt heaped on us by the mobsters of the financial world. So it is inevitable that another "financial crisis" is thundering along towards us. Do we accept a repeat of the last "solution", once again pile the debt into the public purse, while emptying the public coffers to reimburse the gamblers? Surely not, we must have learnt something from the last ten years.

      An extract from another interesting article from Roar Magazine by Jerome Roos.

      With inequality on the rise, global debt higher than ever and international tensions intensifying, the political backlash to the crash of 2008 has only just begun.

And:

       ------This new radical politics first showed its face in the global uprisings that rocked the established order from 2011 onwards. It has recently begun to consolidate itself in the form of vibrant grassroots movements, progressive political formations and explicitly socialist candidacies that collectively seek to challenge the untrammeled power and privileges of the “1 percent” from below.
        Even in the midst of the Syrian civil war, the bloodiest and most intractable conflict to have emerged in the shadow of the Great Recession, in a region so often deprived of hope for a better future, the struggle for democratic autonomy by the Kurds and their allies has demonstrated the concrete possibilities of a revolutionary political project in these tumultuous times.
      At this point, it is still far too early to tell whether this emerging anti-capitalist politics of the twenty-first century will be able to succeed in the face of a powerful nationalist backlash. But if the dramatic events since 2016 are anything to go by, the political fallout of the global financial crisis is only just getting started. The real confrontation, it seems, is yet to come.-------

It is well worth reading the full article HERE:

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

There's Trouble Ahead, How Do We Solve It?

        As anybody who has had a look at how the capitalist system works, is well aware, it is a system with inherent flaws. It inevitably goes into convulsions, as those with the money look like losing lots of it. This happened in the pre thirties, giving us the hungry 30's, it happened again in 2008, giving us a decade of austerity. When these convulsions happen the way the system "corrects" itself, is by plundering the public purse, giving us bail-outs and austerity. The government hands the corporate juggernaut and the financial Mafia lots of public money in the form of "bail-outs" amassing mountains of debt, and then applying "austerity" to reduce that debt. Of course austerity only happens to the ordinary people, to those rich parasites, austerity is some kind of disease to which the ordinary people fall foul to periodically.

       Claudio Borio, the head of the BIS monetary and economic department, said a new recession could come “with a vengeance” and “the end may come to resemble more closely a financial boom gone wrong”. The BIS, which is sometimes known as the central bank for central banks and counts Bank of England Governor Mark Carney among its members, warned of trouble ahead for the world economy.

      We are not yet clear of the previous convulsion, and the gnomes of the financial Mafia are starting to shit their pants, as there appears to be warning signs that the next is about to hit them. No doubt, in their marble halls of greed and opulence, they will already be looking at how else they can plunder the public purse to retrieve their new massive gambling losses. They will be looking hard to see which part of the social fabric of the planet can they rip-off to recoup their greed gotten losses. This week Italy has been forced to bail out two of its banks to the tune of €5.2 billion, of tax payers money.

       Such luminaries as Mark Carney and other members of the BIS, (The Bank of International Settlements, sometimes referred to as the central bank of central banks. Though I like to refer to them as Bandits in Suits. ) are already ringing their alarm bells, and saying it could be worse than the last convulsion.

       While the vultures, and parasites of the financial Mafia will be preparing to grab what public assets they can get their hands on, to regain their gambling losses, what will we be doing? Will we accept another decade, or more, of "austerity", will we see ourselves pushed as far into deprivation as the people of Greece, with no end in sight? Or will we get serious about organising to bring down this flawed system of greed and exploitation, and put an end to capitalism, that is the root cause of the poverty and deprivation of millions of people across the planet?

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

Building A Revolutionary Anarchism.

      In 2008 capitalism staggered, convulsed and retched, mass movements sprang up, and there seemed an opportunity to bring about its demise. However, here we are in 2017 and the beast is still alive, still decimating the lives of millions by means of exploitation, poverty and wars, and still plundering the planet to destruction. 2008 now looks like a missed opportunity, perhaps it was, but no doubt, the nature of capitalism being what it is, it will produce more opportunities as it goes through regular staggering, convulsions and retching. Anarchists should learn from the failure of 2008 and be prepared for when the beast again lurches into its next inbuilt, inevitable convulsion. 

 

         On the matter of the missed opportunities of 2008, and learning from them you could do worse than reading Colin O’Malley’s book, Building a Revolutionary Anarchism from Zabalaza Books. You can download it for free as a PDF HERE: 

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

 

Don't You Know That There's A War Going On.

From The Progressive Populist:

      "For days, images of the Philadelphia public school system have haunted me. More than 30 children in one class share 11 math books. Bathrooms locked because there aren’t enough hall monitors. What’s most heartbreaking is to know that just a few miles away other school students attend some of the highest rated public and private schools in the nation, where they are lavished with cutting edge technology and enrichment opportunities.
        Then there are the images of elected officials turning a deaf ear to the protests of the students, teachers and parents angered at the extreme cuts. And the image of the Philadelphia Board of Education voting to cancel the contract with the teachers’ union. Shame on the board and shame on everyone else who blames Pennsylvania’s and American’s crisis in public education on teachers or believe the solutions to the problem all involve taking money out of the pockets of these highly skilled professionals." Read the full article HERE:

       Does the above sound familiar?

        If there is anybody out there who still can't see that we are in a brutal global class war, they must be blind. In country after country the  flag at the masthead of the powers that be is, "AUSTERITY". An ideology being directed by the financial Mafia, which is made up of individuals and institutions of unimaginable wealth. Their wealth is increasing by means of plundering all public assets, if it belongs to the public, it has to be transferred to private hands at a bargain price. All public spending must be curtailed and where possible eliminated. Incomes have to be squeezed, cheap labour is a wonderful wealth creator for the leeches that feed off our backs.

       The world is awash with wealth, but more and more of it is being syphoned into the coffers of that small band of parasites that make all the rules, to guarantee such an outcome. It is no accident, it is a well thought out policy driven by greed, at our expense.

        Here in this country, official figures showed that disposable income available to households fell by 1.7 per cent between the end of last year and the first three months of this year, the biggest fall since early 1987. A recent report by the Joseph Rowntree Foundation stated that a typical couple, both of whom work full-time, who have two children, would now need an annual income of just under £39,000 to maintain a “minimum” standard of living. Another result of this global class war being waged against the ordinary people, is the fact that the amount of money needed to afford ordinary, not luxury, food, clothes and leisure activities, has risen by 25 per cent since the so called "crisis" in 2008,

        As this global class war goes on unabated, this country has seen an explosion of food banks, hardly a sign of an economic recovery for us the ordinary people. In the year 2008/09 the number of people receiving food parcels from these food banks numbered, 25,899. The latest figures for 2013/14 puts that number at 913,138, almost one million people seeking free food to survive. The increase in the number of food banks is continuing, averaging two more a week opening. Where will it end, will it be when we all depend on food banks? 

           Do we just get on with it and accept that the multi-billionaires who are engineering this plundering of our wealth, after all we create all of it, will one day be compassionate and start to reverse the process? Or do we accept that it is a global class war, act accordingly and start to take back all that we created, creating a society that sees to the needs of all our people and gets the parasitic leeches off our backs, once and for all.

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

The End Of Capitalism?

        With the recent and pending “crises” in capitalism there is a lot of talk about “the end of capitalism”. I for one don't think capitalism will simply collapse, and that will be that. Crises will come and go and capitalism will continue doing what it always does, and does very well, shifting wealth and power from the many to the few, it will continue its attempt at perpetual growth. It might take a couple of steps back, it might change pace and or direction, but it will continue making the very rich, richer. Capitalism will don't destroy itself from within. It is not just an economic system, it is a state of consciousness, and although across the planet, more and more people are seeing the injustice in the system and are displaying their anger in various ways, it has to go beyond that. The anger has not simply to call for change, not just to appeal for a fairer distribution of resources, or an end to corruption, there has to be a revolution of consciousness among the people. We have to create that new world “beyond capitalism” in our heads and then translate it into a reality. Only when enough of us finally decide that we have had enough of capitalism, only when enough of us enter that new consciousness of a profit free world, and see the world differently, will we see the end of capitalism. Then we can place it in the dustbin of history and enter that new world of socialism. 

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

The Red Rock, Icaria.

      Most of us are now aware of the tragic state of the vast majority of the population of Greece, with massive unemployment, rapid increase if health problems both mental and physical and in your face poverty and deprivation. It's the “financial crisis” we are told, we have to slash your standard of living to pay the losses of the gamblers in the financial Mafia. The plan, of course is to promise everybody pie-in-the sky, from those wonderful green shoots of growth, that will miraculously appear in the distant future, and put the whole stinking mess back on track for another rip-off session for the corporate world. To say the whole of Greece has been decimated is not quite accurate. 

     There is a Greek island called Icaria, sometimes called the Red Rock, not because of the colour of the landscape, but more the colour of its lifestyle. The islanders of Icaria have always been an independent lot and threw the Turks out in 1912 and declared themselves, The Free State of Icaria. Shortly after this they join with Greece. In 1947 when the nationalist in Greece defeated the communists, with no little help from the British military, the nationalist government rounded up 13,000 communists and deported them to Icaria. The communists soon integrated with the locals and their influence has helped shape the lifestyle on the island to this day. The island never embraced the consumer society and they live a more communal community oriented system. If somebody on the island wants to build a house, or repair a barn, the labour will come free from the community, knowing that it will be returned when their needs require. The type of comments from the islanders goes something like, “These city folks see something in the evening and they must have it in the morning and seldom is anything they buy something that they really need. Consumerism is not happiness.”

       So far they have been more or less untouched by the financial Mafia's rape and plunder of Greece, perhaps the rest of the country could see an answer to their problems if they take a wee look at the island of Icaria. In fact, perhaps we could all learn something of value from the people on that sunny island situated in the Aegean. 

ann arky's home.
 

Heads They Win - Tails You Lose.

     As the Cameron/Osborne millionaire cabal continue with their "austerity" plan and you and I slide ever further down the poverty plughole, their mantra of "we are all in this together" and "tough decisions have to be made" merits a little examination.

      Through the period of the "crisis" from 2008 to 2011, average wages for UK workers rose by a mere 3.7% while those who engineered the "crisis" the 1% top financial sector, saw the salaries rise by 8.6%. When the "crisis" arrived in 2008, it is not as if the banks hadn't been raking it in. European banking profits for the year 2003 were approximately €8 billion, for 2007, this had risen to €40 billion, and in 2008, the year of the "crisis" they still made €10 billion. However, those vast sums of money seemed to have disappeared. Where did it all go? Since 2008 until 2011 the European Commission approved €4.5 trillion in state aid to that same financial sector that had been raking it in since 2003.

       We are told we can't afford decent social services, can't afford decent pensions, and benefits have to be cut, where did that €4.5 trillion "state aid" to the financial sector come from? State aid is your money, the state doesn't have any money except what it takes from the people.  "In good times, banks took the benefits for their employees and shareholders, while in the bad times the taxpayer bore the costs. For the banks, it was a case of heads I win, tails you - the taxpayer - lose."  Mervyn King, Governor of The Bank of England. All of that €4.5 trillion "aid" to the privately owned financial sector was plundered from the public purse, stolen from the people.

      Another aspect of the deepening poverty among the ordinary people of Europe is the obscene fact that of a European population of approximately 500 million, 0.6% are millionaires and their wealth is approximately €7.6 trillion, equivalent to roughly 50% of the European GDP. In other words those 0.6% millionaires could have bailed out the banks with €4.5 trillion all by themselves and still had €3.1 trillion left between them.

       Europe is made up of very rich countries, we are awash with wealth, it is just that the system is loaded against the ordinary people and in favour of all those greedy, sweaty palmed, millionaire/billionaire parasites that go to make up the financial Mafia.  "the crisis was the result of human action and inaction, not Mother Nature or computer models gone haywire----- we conclude this financial crisis was avoidable." US Congressional report 2011.  Ah, the wonders of capitalism.  

Figures gleaned from TNI:

ann arky's home.

WHO CAN LIVE ON PIE-IN-THE-SKY?

         As the “financial crisis” rumbles on and on, more and more people are becoming homeless, and in London alone there has been a 43% increase in “rough sleepers” in the year to March 2012. This is likely to be an under estimate, as it is almost impossible to get an accurate figure. Those unfortunate enough to find themselves homeless, face a multitude of problems, in spite of this, recent figures show that one in five homeless people have had their benefits cut or stopped altogether, in the first year of the government's workfare program. Will this situation be remedied any time soon?

       On Wednesday our millionaire Chancellor of the Exchequer Osborne will make his up-date statement on the economy, and according to Carl Emmerson, deputy director of the Institute for Fiscal Studies, “Since the budget, the outlook for the UK economy has deteriorated and government receipts have disappointed by even more than this year's weak growth would normally suggest," so it doesn't bode well for the most vulnerable in our society. The millionaire cabal of Tories have already annouced that the “austerity” will have to continue well beyond their orginal estimate, and could run to 2018. Again this is an estimate based on pie-in-the-sky figures of growth and guess work from the banksters who gambled and lost billions, creating this “financil crisis” in the first place.

 "You have to make sacrifices to get the debt down."

      So what does the future hold if your not one of the millionaires? For starters, working longer to get your pension, which will be buttons, assuming you still have a job to cling onto. Wage cuts/freezes, or at best a wage increase lower than inflation, which is in fact a wage cut. Social benefits cut or eliminated, social spending slashed. More cuts to education, a privatised health service, an if you are working, it is more likey to be part-time and low paid. And what for? Does anybody believe that even if they annouce in 2018 that the financial crisis is over, that we will all see a dramatic improvement in our living standards? Our employers will increase our wages above inflation to get us back to where we were? Our new smiling millionaire government will pour extra money into education, social spending and re-nationalise the health service? They will also see that we all have affordable housing, and homelessness, child poverty, fuel poverty, will all be things of the past? Dream on my friend, your “austerity” is here as a way for the future. The UK will be part of that great big European sweatshop to allow our corporate masters to compete with those Eastern sweatshops. That is the grand-plan, the deficit reduction is just the smoke and mirrors. Be warned, organise, take action and resist, or humbly wallk into their scheme of things. 

ann arky's home.

THE DEATH KNELL OF A SYSTEM??

    

         Most people agree that the present "crisis" has still to unfold, we are only at the stage of birth pains, the real "crisis" has still to be born. All the harsh austerity cuts, (raiding the public purse) are just a frenzied attempt by the financial Mafia to stop the unstoppable. The beautiful palace of consumerism built with bubbles of imagined money is about to go POP. The fools that thought creating imaginary money out of nothing was real wealth, are about to experience a very rude awakening. 2013 will be a year of dramatic changes as the world economic system of greed disintegrates and social structures rupture beyond repair. It could be a golden opportunity to refashion the society we wish to live in, a society of communities based on mutual aid and co-operation, a society that sees to the needs of all our people. Or it could be a re-birth of more of the same or worse, it could descend into a world of brutal warlordism. It all depends on the re-action of the people to the struggle that lies ahead.

This from A World to Win:

Unsold goods pile up as crash takes its toll

        In the wake of the Olympics, countless millions of pairs of trainers lie unsold in warehouses. Thousands of Chinese companies from property developers to car manufacturers sit atop mountains of products surplus to a hoped-for demand that never materialised. China became the low-wage manufacturing centre of choice for corporations during the credit-induced 30-year frenzy of growth that preceded the crash. The belief that its burgeoning internal market would absorb an ever increasing volume of production added multiple stories to the house of cards that now lies in ruins.With the global slump worsening and austerity economics stalking the globe, real incomes are dropping fast, so few are spending and consumers are hard to find. The unsold mountains of electronics and white goods are Himalayan in scale. Earlier this month, China’s main retailers descended into a competitive price war, when online trader 360buy.com announced that it would sell home appliances at a zero profit margin. For capitalist companies zero profit is the end of the line. Clearly only the strongest will survive.

Continue READING:

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FROM CRISIS TO CRISIS, AND MORE OF THE SAME!!

      The media and our millionaire politicians keep going on about the "crisis", however what they fail to mention is that it is not "a" crisis, as capitalism "is" crisis. The capitalist system of economics has lurched from crisis to crisis. Most of these crises bring misery to millions of ordinary people, today's crisis is probably hitting billions of ordinary people. Today because of the nature of the capitalist beast the "crisis" is world wide. In Europe apart from the "financial" crisis, the German economy is in decline, France has returned to recession, the Italian economy is contracting, and just to screw things up a bit more, China's economy is slowing. All that translates into misery for millions of ordinary folk. World wide, this year alone a further 43 million has been added to those suffering hunger. According to Oxfam, almost one billion people are now hungry, that is a staggering one-in-seven of the Earth's population. This is not because we do not have the food and resources to solve this problem, but is because food is not grown to satisfy people's needs, it is grown to make a profit. That's capitalism, your needs can only be seen to if you have the money to create a profit for somebody else.

      As capitalism has grown to become a world wide economic system, hunger and poverty across the globe has grown, not diminished. In country after country as the capitalist system develops, so does the difference between rich and poor. There is nothing in the system that will make it other than this.  If we continue to look to capitalism to solve these problems, we will just move along to another crisis. Hundreds of years of a failed man made economic system, which produces poverty and deprivation for millions and luxuries for the few, surely merits  that we re-think the way we structure society. Let's move away from the billionaires paradise, to a place where we the ordinary people are in charge of the society that we live in, and create a system that sees to the needs of all our people. We have the resources, the ability and the need to destroy this parasite driven system of profit and greed. We can, and for our own benefit and that of future generations, we must, build a society based on mutual aid, justice, co-operation and sustainability. A society of communities in federation with other communities, controlled by all those who live in those communities.

ann arky's home.

IT'S NOT MY PROBLEM!!

             There is something about this film that I find frightening, could this be the face of a society built on austerity, is this the end product of the financial Mafia's grand plan. Certainly in years of visiting Greece I don't think I saw a beggar on the street until the "financial crisis", now to see people sleeping on the streets of Athens is not the least unusual. As something becomes more commonplace we tend to pay less attention to it, a kind of hopelessness, something we can't do anything about. But we can, we can change the whole stinking system, but that requires we all see the misery on our streets and come together to do something about the injustice.

ann arky's home.

THE SHINING EXAMPLE ISN'T SO SHINY.

         It is common practice for one state to play its people up against the people of another state to further its ends. Since the 2008 “crisis” most of the European states have lampooned the Greek people with comments about them being lazy, paying themselves too much, corrupt and avoid paying their taxes. Anything to try to justify the financial chaos that prevails across the continent. It is a case of being self righteous and having to bail-out others, we point fingers at each in turn. Greece, then Spain, Ireland and Italy and so it goes on. Of course Germany is held up as how the others should behave, hard working and prudent with their finances, but becoming tired at having to support those more foolhardy lesser people.

        However though we are told that Germany is doing it right and we should all try to follow its example, not all the Germany people see it that way. There is as much discontent and anger in Germany as in the rest of the capitalist Europe. People are struggling, people feel repressed, people can see through the smoke and mirrors of the system.

       All is not well in the example that is held up to the rest of Europe, poverty in Germany, like the rest of Europe, has been growing. This growing poverty for the majority of the population is matched by a staggering concentration of wealth at the top of society. The number of millionaires in Germany has risen in recent years to 830,000. In Germany in 1965, 1 in 75 children were in poverty by 2007 that had risen to 1 in 6. In Berlin 15.2% of adults receive welfare and 30.7% of children. During the period from 2005 to 2010 there was not a single city in the Ruhr area that did not experience social decline and stagnation. The pattern is the same as the rest of Europe, the rich get richer and the poor get poorer, An article in a recent edition of Der Spiegel stated, “Never has the gap been so wide to the general population” and according to new statistics from the German Institute for Economic Research (DIW) “For the bottom 50 percent of the population, very little has changed in terms of income for decades”.
      Under this system of capitalist exploitation, no matter how rich or how well balanced the books are of a particular country, it makes no difference to the people, they still suffer poverty and an ever widening gap between them and the small cabal of parasites that control all the wealth and power. Until we fix that problem, poverty will always be the lot of the ordinary people. 

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PHASE 1, GREECE, PHASE 2, EUROPE!!

    So you thought that once the financial Mafia and plundered and raped Greece, we would be all sorted out and growth would come galloping to the rescue and return us all to everlasting prosperity. Well it seems it is not going to quite work out like that. Just as the “financial crisis” of 2008 slips into the fog of short memories along comes the rumblings of another wee problem with the financial sector, Oh dear will prosperity be delay? Well of course it will for you and I, but not for the unimaginably rich financial parasites that live off our backs, after all, this is capitalism.

 

This from The New Statesman:

 

The finance sector is signalling alarm, and our politicians are once again asleep at the wheel. Another "credit crunch" may be looming. The most significant evidence emerged from the ECB's second Long Term Refinancing Operation (LTRO) on Thursday last week.

The LTRO is simply language intended to disguise the "printing of money" by the ECB for lending to private European banks at a very low rate of interest - 1 per cent. (In fact, the money is not even printed: it is created by entering digits into an ECB computer, and then transferring hundreds of billions of euros as 'bank money' to private banks.)

The fact that British banks rushed to drink from this punch bowl, tells you something about the state of their balance sheets.

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THE HIGHEST FORM OF FASCISM.

       As the “financial crisis” continues to crush the ordinary people of the developed world, we should not lose sight of the fact that it is all created by smoke and mirrors, an illusion. A small super rich bunch of parasitical clients of the banking world have managed to convince the Western governments of all political persuasions that the trillions of dollars, euros and pounds of the parasitical cabal's bad debt, is somehow public debt and must at all costs, be returned to the parasites' coffers. The compliant governments can only do this by taking tax payers money, money that should be spent on social services etc., and handing it to the parasites, this is done under the guise of “deficit reduction”. This not being enough, they then have to start selling of all public assets to the corporate world and privatise all public services, to raise more money to hand to the parasites. Thus guaranteeing the cabal of parasites can retain their trillions of dollars, euros and pounds at the expense of the well being of the citizens of most of the Western world. This is the 1%, the billionaires and multimillionaires created by the exploitation that is the capitalist system. This small bunch of leeches are in the position of dictators of the world. With the low interest rates they are in a position with their trillions to borrow more trillions to generate ever greater assets bubbles, creating unimaginable profits that make bankers bonuses look like their kids pocket money. What we are witnessing is the dictatorship of capital, fascism in it highest form, world domination by the few. If there is to be any form of decent life for the ordinary people, this dictatorship must be overthrown, and that can only be achieved by the overthrow of capitalism itself.

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