Venezuelans organise Barter 2.0 to Survive the Economic War, avoid Inflation and Tax.

by Nazareth Balbás via RT

Social networks have become the ally of the family economy of Venezuelans against rising prices. Facebook, Instagram and Whatsapp work groups work as exchange sites for necessities: no money, no speculation.

The first surprise is the offer: varied, uneven, abundant. Second, the number of groups in the world. The third thing is that escapes public or private control.

Barter has become the new alternative for Venezuelans suffering the ravages of the economic war. The system, which has existed since time immemorial, gaining strength in the South American country with unique features is strongly mediated by social networks.

Falling oil prices since last year has resulted in shortages of foreign exchange for the mono-exporting country. This along with the long campaign of boycott and sabotage from the USA, and the determined resistance of the deposed oligarchy articulated through the upper middle class, has led to hyperinflation and economic disaster. Continue reading “Venezuelans organise Barter 2.0 to Survive the Economic War, avoid Inflation and Tax.”

Spain: Banks steal 38 Billion while Public pay 721 Euros a Year each in Interest

The Bank of Spain has acknowledged this week that, so far, it has only recovered 5% of the 51,303,000,000 euros the State ”lent” the Spanish banks to make them profitable again. Now the agency has admitted to El Pais that in total at least 38,012 million is ‘lost forever’, even though the government promised repeatedly that citizens wouldn’t have to pay for the crisis.

Not only has the public forked out 38 billion to prop up corrupt crony banks but the state could only avoid intervention by putting it in the sacred Spanish Constitution that interest and loan repayments must come before ALL OTHER payments.

So Spain is a now Cash Cow forever.

At least until Capitalism collapses. Despite low or even negative interest rates each Spanish person pays 721 euros each year in interest on the public debt.

The public have to pay, it’s in the Constitution.

As in Greece, Spanish debt is a safe bet for the ECB, the big Banks and the portfolios of the ‘investment funds’ that prop up the already rich around the world. Continue reading “Spain: Banks steal 38 Billion while Public pay 721 Euros a Year each in Interest”

Live Updates from the National Prisoner Strike

Prisoners rioted at Florida Holmes Correctional Institution this past Wednesday night

live updates from the national prisoner strike

follow along with us as things escalate on both sides of the wall. Perhaps you’ve heard things are heating up inside prisons and jails across the country today.

IT’S GOING DOWN

anti prison actions today

Sean Swain calls for Prison Strike against Slavery and Racism ..from Sept 9th, USA

late news .. huge list of actions from IWW.. HERE> SPREADING THE STRIKE: SOLIDARITY ACTIONS ACROSS NORTH AMERICA FOR SEPTEMBER 9TH

This spring, the IWW and allied community groups organized prison labor strikes of thousands of incarcerated workers in Alabama, Wisconsin, Texas, Mississippi, and Ohio—all demanding the right to form a union. The IWW Incarcerated Workers Organizing Committee has called for a nationwide prison strike from September 9 to mark the 45th anniversary of the Attica prison uprising and claims it has the support of thousands of prisoners throughout the United States.

details of strike here> Call for World Anarchist Solidarity with US Prison Strike

National Prison Strike September 2016 – Facebook

From SeanSwain.org shared with thanks Home »

“Where the conditions for revolution are not present, they must be manufactured.”
-George Jackson

Prison officials recently placed Siddique Abdullah Hasan, a death row prisoner held at Ohio’s supermax, in segregation. Siddique was framed as a leader of the Lucasville prison uprising in 1993 and has been a vocal supporter of the September 9th national prisoner work stoppage. US Prisoners Strike Sept 19 2016

His segregation should really come as no surprise as prison (mis)managers have long waged a brutal war on truth and on the captives who tell it. What is disturbing and highly instructive is that Siddique’s segregation didn’t originate with the prison warden, but with the FBI.

Yeah. The FBI. Continue reading “Sean Swain calls for Prison Strike against Slavery and Racism ..from Sept 9th, USA”