Thursday, July 1, 2010

The People vs. the Banks

by Shamus Cooke from Workers Action. 

What ordinary people must understand is that the class war is now raging across the globe. They are now presented with a choice: they can simply roll over and surrender, or they can fight back.
The investors who control financial markets know that a day of reckoning is coming: the massive debt that was pushing forward the world economy for years needs to be paid back, and those who own the banks don’t want the responsibility. Better for millions of workers to sacrifice social services, pensions, wages, etc., than for thousands of rich investors to be taxed. 
More on the class war here.