Archive for the 'Bank bailout' Category

WELCOME TO YOUR BRAVE NEW WORLD…

Wednesday, September 5th, 2012

Welcome back readers!

Unnamed Chinese aircraft-carrier . . .

We have been busy formenting revolution, making music and keeping bread on the table, which is why there have been no communiqués for a while . .

However, the world has not stopped turning, and we are now standing at the threshold of the Great Resource War, which is being fought by proxy forces in Syria; an election between two State Stooges in the USA. and across Europe a wave of anger at the ongoing theft of their public estate by the same ruling class who only begrudgingly relaxed their death-cold grip after the slaughter of the First Imperial World War.

Meanwhile, in Africa and parts of Asia, the grotesque leviathan of endless consumption is being steered by the forces of Chinese economic power and US military blackmail, turning rainforests into millions of obese, waddling children and ultimately – despite the bleating denials of corporate patsies – melting the polar ice at a faster rate than at any time in recorded human history.

And most of this goes either unnoticed, or is presented in some distorted, back-to-front fashion. Black becomes white, white becomes black; freedom becomes an illusion, and power is only purchased by money. Democracy claims to protect the minorities, but is in fact the dominance of the ‘silent’ – or disempowered – majority crushing the minority into silence. The silence is used to justify whatever sociopathic behaviour the ruling class figures leads to less opposition and increased profits,

The media, which originally aimed to explain now aims to persuade; and as for the freedom of speech – the more that’s said, the less we can actually say.

After the Riots which swept through England last Summer, the Establishment decided that justice should be swift and harsh. People should be punished with the full weight of the law if they are caught threatening the sacrosanct principles of Property and Business. Teenagers were given custodial sentences of two or three years for petty theft committed in a state of spontaneous disorder.

All this was forgotten, however, in the pseudo-liberal bleatings of attention-hungry politicians and media wanabees and has beens adding to the chorus of disapproval at the ‘evil Russkies’ reverting to form and locking up the ( entertainingly saucy) women of Pussy Riot.

It’s just strange that those same voices remained silent over the imprisoning of (the Pink Floyd’s guitarist) David Gilmour’s son – who got a 2 year prison sentence for swinging from a flagpole during the student demonstrations last year.

In fact, there was implicit, if not overt, support over the last year from many of those ‘concerned voices’ for the swift retribution against the ‘rioters’ of Summer 2011; with sentences of two years for stealing a bottle of mineral water being a good example of the disproportionate treatment given to the poor compared to the rich, who have literally looted the public coffers with no penalties at all.

Men who have bankrupted their countries’ treasuries; playing poker with billions of pounds that they neither own or have earned; who have trousered millions in bonuses for making non-existent profits on rigged deals are (at worst) retiring with vast pensions or moving up the ladder to perpetrate more theft from the public purse. As they are ultimately the paymasters of our ‘representatives’ – who actually represent no-one but themselves and their corporate bagmen – they don’t need to fear the law; they pay for it to be written and enacted with the proceeds the labour of millions of underpaid workers. And as they slowly strangle the state to death, the state is dying in all its beneficient social aspects. Our taxes now just pay for the state as  a machine of control and repression, the guarantor of the slowly ossifying status quo;  all those libraries, swimming pools, town halls are being sold off to provide ‘luxury apartments’ for the narcissistic, shallow children of the upper class who are now doing ‘so well’ in the media, and all those associated and nepotistic jobs that ultimately produce nothing except debt for the masses and profit for the piggery.

To keep us all happy, we are offered a quick fix of a Royal Jubilee followed by the international corporate hijacking of human endeavour – the Olympic Games. In Britain, we all know that there’s going to be a really bad hangover – the sort where you wake up the morning after a night out in the pub and realise your last memory is standing on the bar shouting ‘Drinks on me !’ before punching your boss and dropping your mobile in a pint of beer.

After the Tory Coalition Government produced the most risible Budget in modern times, which tried to raise money on the heat of a pie, people slowly realised that everything fought for by the working people of the last century was being stolen back – not just bit-by-bit but in incomprehensible billions.

With drought searing the Mid-West of the USA, and vast amounts of subsidised corn now being turned into ethanol to keep their sacred cars on their crumbling freeways, there is a real danger that their will be massive price rises on all sorts of foodstuffs. This will no doubt lead to even more unrest across the world, often in countries that are already on the verge of collapse as coherent social systems.

Of course everyone knows that the Governments in the twentieth century resolved these problems twice in a hundred years with mass slaughter, followed by disease and famine; and since then the USA has been in an almost perpetual state of war with at least some part of the world’s population.

Once Syria has been reduced to rubble run by the sort of people who are currently destroying the ancient shrines in Mali, the USA and its friends – the autocratic fundamentalist-financing billionaires of the oil kingdoms will turn their attention to Iran. And then Russia, with the aim of exploiting the vast mineral resources lying under the melting permafrost on the Siberian tundra.

Then it’s the big one with China . . . or at least, that’s how the fantasy goes . . .

So hold tight, the ride is just about to begin . . .

 

Waiting at the gates of Rome . . .

Monday, January 16th, 2012
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By Any Means Necessary

Since our last posting during the civil unrest that rocked through the English cities in the hot months of 2011, the collapse of corporate capitalism is slowly being transformed into a ‘consensual’ police state.

The riots – as always – were used to justify a wide scale rounding -up of suspects and fellow travellers; the imposition of harsher and more punitive sentences which go unquestioned in the public domain for fear of being guilty of sympathetic thought; even greater degrees of surveillance imposed at personal and public levels [remember the Blackberry outage anyone ? – remember the servers are  in Slough, UK;

August 20, 2011 — CSO — Executives at the main social media networks and messaging outlets – Facebook, Twitter and RIM’s BlackBerry Messenger (BBM) – have been called to meet Home Office ministers on Thursday to discuss their products’ usage in the UK riots].

Flat-bed lorries have been parked in shopping centres with blurred photos of ‘rioters’ blown-up to the size of posters, doors have been hammered down at six in the morning to arrest teenagers suspected of having stolen two left shoes, six month sentences handed out for looting a six-pack of mineral water and not even getting to drink it.

Meanwhile, the super yachts are built from the rare woods of ancient forests, cut down for the mining concessions that make the proud new captains so rich; the land ripped apart for the rare earths in the mobile phone that record your every movement through the alleyways and boulevards; and trace your friends and family into a spider’s web of data that traps us even as it attracts us.

The people of Greece are told that they face a generation or more of poverty , and it becomes the first urbanised country in modern times to see a flight to the countryside.

Across Europe social programmes which are funded by the taxes paid by many generations of workers are being closed down, and communally-owned buildings and land are being appropriated by the wealthy.

In Britain the Government discusses which state-owned assets might be sold-off to pay the debt. That is, of course, the debt owed to the banking class by the Government, or the governing class. It represents the money owed on all those junkets in first-class travel, meals at Claridges, armoured convoys travelling through the busy traffic with gun-toting goons guarding some hapless time-server who sits there thinking his time has really arrived; and the invisible web of control behind the facade that keeps it all ticking over.

And what they sell off will be the assets of the nation, earned by the sweat and blood of millions over centuries. And who will it be sold off to ? one might ask in some ironic way; for of course it will be to the very people  who have decided that the debt should be paid.

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Food for thought

And then the  recent revelations that there are  undercover police planted in every little group who might have the misguided belief that they are a free people with the right to express their opinions and dare to challenge the way that things are done. Cycling campaigns (Reclaim the streets] and environmental activists have been the main targets of these people who are paid to betray people that they get close to – how low can you actually go?

Not ‘terrorists’ or organised crime,  both of which – we are led to believe – have flourished in the last twenty years; which is why your local bobby now looks like robocop on a hunting trip; why railway stations and West End plazas are every so often transformed into the fantasy landscapes of kids raised on Call of Duty with grim-faced, overpaid para-police in flak jackets toting automatics like they’d spray the square if a bar fight gets out of hand, or they spot some suspicious guy in a turban.

Meanwhile, on some estate two miles away, a war pensioner gets mugged on the corner by kids whose mum can’t get it together on the subsistence benefit because she can’t steal, duck and dive; or has just some scrap of dignity left, which means she won’t turn tricks to buy them chips.

***

This response to the riots was totally predictable – the British ruling class, although richer and more profligate than at any time in history, are also aware that the wolves are at the gates of Rome.

The vast and complex machinery of corruption based in the City of London, which has been robbing people of the fruits of their labour for over two hundred years is more visible, and detested than ever before. The tentacles of this octopus, which stretches from the towers of Manhattan and Canary Wharf have been flailing around looking for new sources of energy. Europe was abandoned years ago – its social welfare programmes and workers’ rights made it ‘unfriendly’ to profiteers. It has nothing to do with ‘building a business’ or enterprise, it is merely interested in exploitation; and the neediest people are the most easily exploited.

So the asset-strippers and beancounters moved in on businesses which had reached compacts with their workers; and literally moved the plant and capital  across the globe to those areas that our Empire had already reduced to poverty. There they could pay the poor to work harder for much less in conditions the European workers would consider untenable. Of course, with true imperial arrogance, these financiers never thought they would see the day that the ‘natives’ would learn all the tricks of their ‘masters’ and play them just like they were once played.

The result is that we are now seeing the octopus in its dying agony, tearing itself apart from within.

The recent ‘downgrading’ of France by Standard and Poor is part of the USA’s attempt to ‘fix the game’; S&P is no more than a deniable agency controlled by the US Treasury – its part in the 2008 Crash is in no doubt. It was giving the banks in Iceland  AAA+ status only days before they crashed in spectacular fashion; when it was revealed that their debts, running into hundreds of billions, far exceeded anything that could ever be backed up by the country itself, and its people.

But as long as the US can extend the ‘crisis in the Eurozone’, attention is deflected from the fact that the USA is well past bankrupt; its people already impoverished without even a proper healthcare or education system to help them back on their feet again.

And yet the US regime spend more than the rest of the world put together on armaments; more than half their Government spend each year on the machinery of death and destruction; that is their business now – WAR.

The only candidate in the forthcoming election who has even mentioned the distortion in the US economy, and how it is leading the country into a disaster it won’t be able to roll back on, is Ron Paul. He is virtually ignored by the media, despite his popularity; and probably knows he would never be alive long enough to start dismantling a rifle, let alone the US war machine, if he ever got near the White House.

Despite the economic [and moral] bankruptcy of the ruling classes in the UK and USA, we are yet again being led into a war. The sort of inter-communal solidarity so well exemplified in the marches against the Iraq War – which were so contemptuously ignored by the government of  Tony Blair, a man who has both committed and profited from war crimes – will probably not be seen again this time around.

No-one believes that peaceful protest in this country has ANY effect anymore, and participation in any protest in the UK has long been treated as a reason for intrusive surveillance, police violence and criminalisation of the demonstrators. Just as in the USA, all protest is depicted as either ‘misguided’ or downright subversive.

The only alternative, in the forthcoming war, will be campaigns of civil disobedience.

The security state is already racheting up the tension in preparation for the Olympic Charade; winding up the fear factor with talk of ‘Mumbai massacres’ [another false flag operation] and bio-weapons, thus excusing the theft of £2bn from the public purse for Olympic Security.

And as Chomsky pointed out so succinctly, if the Nuremberg Laws were applied to the NATO axis – which now seems to [shamefully] include both France and East European countries [who should know better] – then our leaders would be on trial for their lives; but, hey! we’re living in the candy-coloured country , a New Jerusalem, the home of freedom and democracy.

Oh,  and all that stuff about 14 million children living in poverty by 2012, just forget it . . . it’s just the hard surface behind the fuzzy screen.

Greece shows the way forward . . .

Sunday, June 19th, 2011

The citizens of Greece are the first people in Europe this century to come together in solidarity and face down their own Government. They believe their political class have surrendered the rights of a democratic people to the bondholders, banks and hedge funds who are demanding the impoverishment of their nation to pay for the ever-ballooning profits of the global financial sector.

The ongoing protests can be tracked on the Greek Indymedia page and here . . .

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The Greek people show the way forward – Bankers, go to Hell!

The people of Europe are about to be hit by the second heist in two years – where their long-fought for welfare systems and egalitarian societies are reduced to feudal penury by the machinations of bankers, financial hucksters and politicians.

Not many commentators in the mass media mention that ;

”First, it takes two sides to create a bond crisis. For every reckless borrower there is a reckless lender. The Greek government might have lied about its budget deficit and been needlessly extravagant during the boom years. But nobody was forced to lend the Greek government any money. Investors should have asked themselves where the money was going, and how sustainable Greek economic growth would be. They didn’t. Instead they just saw that yields were higher than on German or French debt, and jumped onto what looked like a gravy train.”

The drama is being played out in the streets and town squares of Greece; the Parliament is virtually under siege, and the crowds who represent the whole spectrum of Greek society and political belief, are united in their ambition to depose the ruling class and disrupt the well-laid plans of the financial oligarchy to ‘privatise’ Europe.

Braving the tear gas

The protests have been met by a police force amply equipped with tear gas, batons and equipment  – and we’re sure that NATO will not allow them to run out . . .

However, inspired in part by the Egyptian and Tunisian revolts, in which massive and diverse crowds took over their own locale ; the Greeks and the Spanish are now occupying town squares and plazas across their respective  countries.

The logistics of this popular strategy can be found here on the Occupied London site.

Greek demonstrator returns his loan with interest

 It will be interesting to see how the refusal of the population to play the bankers’ game will play out across Europe. It’s rumoured that the latest wave of Greek protests started after the Spanish demonstrations in their provincial town squares against similar ‘austerity measures’  featured banners asking ‘Where are the Greeks ?’

It is becoming clear that the Greek Government – nominally a social democrat administration – which is tasked by the IMF with introducing ‘austerity measures’ to pay for the bad management and profligacy of the banks, will have to enforce them against the will of the people.

Pensions have been halved, welfare slashed and State assets are being lined up for a firesale to the financial elite that has already profitted from the impoverishment of Europe’s economy through ‘outsourcing’ and ‘globalisation.’

Now the bankers, economists and politicians have been popping up on every media outlet decrying the fact that a modern democratic people  have looked at the choices they are being offered by the ruling oligarchy and decided that they will be quite happy to see their country default on the ‘loans’  from the ‘bondholders’.

Job well done ! - Riot Dog leaves the battlefield