CREDIT CRISIS AND FEAR IN THE MARKET!!!


 

        The headlines shout at you, “FEAR GRIPS THE MARKETS” what exactly are they talking about? Who’s fear and what are they afraid of? Well it seems to be the fear of all those sweaty palmed greedy little billionaires, they are afraid that their billions will shrink to millions and they are trying to grab their loot and hide it somewhere until it is safe to bring it out and start to screw us again.

         Governments always waffle about how they are trying to help the people but there is nothing like fat cat capitalist parasites squealing, for the government to show its true priorities. Governments have always intervened in the economy, but always on the side of the capitalist, the free market is a neo-liberal myth. This government has made a pledge to eradicate fuel poverty by 2010. In spite of it getting much worse, they tell us that they have done everything that can be reasonably done and since 2000 have spent £20 billion on the project, that is 8 years expenditure. However their capitalist friends shout “CRISIS” and with one throw of the shovel they toss £50 billion of our money at them shouting, “Save the spivs” oops sorry, “Save the bankers, save the bankers”. The £50 billion of course is just the tip of the icing, oops sorry, iceberg. There is another £250 billion of loan guarantees and a further £200 billion to fluff out some other bits of banking petty cash, all our money. We are talking about £500 billion of tax payers money being flung in one mad throw of the dice in the banking charlatans game. We are talking about more than four years money for the entire health service, at approximately £106 billion a year. While we are throwing money around how about the 850 million human beings that are starving, or the 2.6 billion that lack proper sewage, then of course there are the other features of the free market, the 640 million children with inadequate housing or the 800 million people who are illiterate. The system stinks and what we are seeing is its sewage washing over us the ordinary people, who will be expected to pay for all this “bailout” with unemployment, foreclosures, cuts in social services and increase taxes. This is a bail out of the rich by the poor, welfare for the rich.

          Now is not the time to protest asking our masters to try to ease our suffering a little while they play their crooked game. It is not the time to march from A to B with banners asking for more crumbs to allow us to work harder. This is an opportunity to once and for all trash this corrupt and unjust system of greed. We have to organise in an attempt to circumvent the system, to short cut the system, to work outside the system. To organise different types of co-operatives within our communities, and other forms of working class mutual aid schemes, defend those facing foreclosures. Why should we pay for their greed, it would appear that profits are private but losses are socialised. We have to stop playing their game to their rules, the dice is loaded.

          It took the arms build up and the destruction of the second world war to pull the world’s economies out of the last great depression 1929/33, perhaps that’s what they have in mind for us this time round. Only the organising of the ordinary people can stop this

ann arky’s home.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s