Posted by greydogg, 99GetSmart

* MICHAEL HUDSON: OLIGARCHS WILL NEVER CANCEL DEBTS WE OWE THEM

Source: YouTube

The oligarchy would rather annul the right of the bottom 90 percent to live than to annul the money owed to them. They’d rather strip the planet and shrink the population than give up their claims. That’s the political fight of the 21st century.

VIDEO @ http://www.youtube.com/watch?v=00iY4cpEQDY

FULL DOCUMENTARY @ https://www.youtube.com/watch?v=RT9Ff…

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* HOW THEY GOT CONTROL

By Catherine J. Frompovich, Activist Post

CONSEQUENTLY, in the interest of future world order, peace, and tranquility, it was decided to privately wage a quiet war against the American public with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined and irresponsible many into the hands of the self-disciplined, responsible, and worthy few. [1] Energy Section [Emphasis added]

The above paragraph, along with hundreds of similar philosophical ideas, comes from a document that had its ‘conception’ after the end of World War II, and which was to become the playbook for what United States of America citizens apparently are experiencing today.

This is what it was – and is – all about:

In conclusion, the objective of economic research, as conducted by the magnates of capital (banking) and the industries of commodities (goods) and services, is the establishment of an economy which is totally predictable and manipulatable. [1] Energy Section [Emphasis added]

The last word “manipulatable” apparently is referring to the economy being capable of being manipulated. If nothing more, that paragraph sets the guidelines for the economic downturn the USA has experienced and from which it seems not to be recovering, nor will it ever recover, if the controllers and other “worthy few” have their say and way. Now, doesn’t it all make sense? Oh, how we have been played like a fiddle that’s never had the tune up it so badly needs! […]

READ @ http://www.activistpost.com/2013/11/how-they-got-control.html

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* CHOMSKY: BUSINESS ELITES ARE WAGING A BRUTAL CLASS WAR IN AMERICA

By Noam Chomsky, AlterNet

This is an excerpt from the just released 2nd edition of Noam Chomsky’s OCCUPY: Class War, Rebellion and Solidarityedited by Greg Ruggiero and published by Zuccotti Park Press. Chris Steele interviews Chomsky.

An article that recently came out in Rolling Stone, titled “Gangster Bankers: Too Big to Jail,” by Matt Taibbi, asserts that the government is afraid to prosecute powerful bankers, such as those running HSBC. Taibbi says that there’s “an arrestable class and an unarrestable class.”  What is your view on the current state of class war in the U.S.?

Well, there’s always a class war going on. The United States, to an unusual extent, is a business-run society, more so than others. The business classes are very class-conscious—they’re constantly fighting a bitter class war to improve their power and diminish opposition. Occasionally this is recognized.

We don’t use the term “working class” here because it’s a taboo term. You’re supposed to say “middle class,” because it helps diminish the understanding that there’s a class war going on.

It’s true that there was a one-sided class war, and that’s because the other side hadn’t chosen to participate, so the union leadership had for years pursued a policy of making a compact with the corporations, in which their workers, say the autoworkers—would get certain benefits like fairly decent wages, health benefits and so on. But it wouldn’t engage the general class structure. In fact, that’s one of the reasons why Canada has a national health program and the United States doesn’t. The same unions on the other side of the border were calling for health care for everybody. Here they were calling for health care for themselves and they got it. Of course, it’s a compact with corporations that the corporations can break anytime they want, and by the 1970s they were planning to break it and we’ve seen what has happened since.

This is just one part of a long and continuing class war against working people and the poor. It’s a war that is conducted by a highly class-conscious business leadership, and it’s one of the reasons for the unusual history of the U.S. labor movement. In the U.S., organized labor has been repeatedly and extensively crushed, and has endured a very violent history as compared with other countries. […]

READ @ http://www.alternet.org/economy/chomsky-business-elites-are-waging-brutal-class-war-america

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* AUSTERITY IS WREAKING HAVOC, BUT THE LEFT CAN UNITE TO BUILD A BETTER EUROPE

Zealots for neoliberalism have created a humanitarian tragedy across the continent. It is our destiny to fight back

By Alexis Tsipras, The Guardian

More than 1,000 young people a day are joining the ranks of Europe‘s unemployed. In the past four years the army of jobless people across the continent has grown by more than 10 million.

In Greece, despite the government’s claim that austerity has been a success, the 2014 budget imposes new public spending cuts and more job losses. The economic and humanitarian catastrophe is unprecedented in peacetime: 27% unemployment, 60% youth unemployment, a 25% shrinking of GDP, 40% reduction in family income. And, even after relentless pain, the debt-to-GDP ratio is almost 180%. It was only 120% in 2010 when the first austerity measures were imposed.

But, the human tragedy is not limited to Greece. Wages across Europe have been slashed and the welfare state scaled back at a rate unprecedented in the postwar era. Millions are struggling to pay their mortgages, electricity bills or medical and student debts. Europe’s humanitarian crisis is unlike anything experienced in 60 years, with 120 million people enduring conditions of extreme difficulty, according to the Red Cross. This is not a natural phenomenon, but is, to use Nelson Mandela’s words, “manmade” poverty.

Zealots for neoliberalism have turned ordinary people’s lives upside down. Their structural adjustment policies serve a model of economic governance that transfers risk on to the shoulders of ordinary workers and the young. But the response of EU and national leaders is hopeless. The main EU policy initiative on youth unemployment (“youth guarantee”) amounts, for example, to just €6bn or 0.6% of the EU budget for 2014-2020. Austerity, work precarity and the dynamics of the markets undermine the ability of low- and middle-wage earners to make a decent living. Household debt is extremely high in the Netherlands and Malta (almost 220% of GDP), while in Portugal, Spain and Italy many businesses are trapped in a spiral of debt. […]

READ @ http://www.theguardian.com/commentisfree/2013/nov/27/austerity-left-unite-europe-alexis-tsipras?ref=nf

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* OCCUPY IS NOT THE ONLY MOVEMENT

The strength of radical movements lies in their variety

By Biola Jeje, In These Times

When a strong wave hits land, the wave doesn’t necessarily disappear. The waves crash into the earth, erode some of what is there, and leave something behind for the next wave. Occupy was one of these waves. It came, it crashed, and then it left. Occupy wasn’t the revolution, it was a popular uprising that showed the rest of the world we could resist the way globalized capitalism disenfranchises people on their own soil.

I would challenge us to look past Occupy and see what is going on around us. Occupy may not be active, but movements that center on the experiences of people of color, women and immigrants are huge right now. We would be remiss to think of Occupy as the sole movement in the United States. To do so would be to eclipse all the work that is currently going on around the school-to-prison pipeline, immigration, women’s reproductive rights and LGBTQ struggles.

Texas State Sen. Wendy Davis stood for 13 hours to filibuster a bill that would severely limit a woman’s right to choose in the state of Texas, and then ran for governor. The Dreamers risked deportation by crossing the border into Mexico and then trying to get back in by crossing it again. The Dream Defenders, who occupied the Florida capitol for 30 days after the devastating Trayvon Martin, are now going after Stand Your Ground laws. This summer, students and labor groups faced down the CEO of Sallie Mae and demanded the company do something to alleviate the student loan crisis, and then forced Sallie Mae to reverse its decision to join ALEC. Finally, low-wage workers at fast food chains across the country are demanding $15 an hour and the right to unionize. […]

READ @ http://inthesetimes.com/article/15925/occupy_is_not_the_only_movement/