Category: collapse capitalism

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

milking-cash-cow-in-spain

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.images-3

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”

Unpaid Saudi Guest Workers Starving as Bosses keep Billions Owed

015192777_400

The exploitation of migrant workers is turning into a full-fledged humanitarian crisis.

Dawlat Khan has worked as a health and safety officer for the construction firm Saudi Oger in Saudi Arabia for nearly eight years, but his experience took a turn for the worse 8 months ago when his monthly salary of US $2000 abruptly stopped.

RELATED:
India SendsFood Aid toStarvingCitizens in RichSaudi Arabia

According to The Middle East Eye (MEE) Khan is only one of some 50,000 Saudi Oger employees who have not been paid since last summer. The kingdom’s largest private company reportedly owes employees US $800 million in back pay.

Living in a work camp where rent is US $133 per month, Khan has to rely on friends for food and accommodation costs. Most crucially, like many migrant workers in the country, Khan’s family is reliant on his earnings in the kingdom.57427fd544f64

//platform.twitter.com/widgets.js

Unable to send remittances home for the past 8 months, Khan says his family is suffering, with his wife having been forced to sell all her jewelry in order to send their eldest son to university this year. Continue reading “Unpaid Saudi Guest Workers Starving as Bosses keep Billions Owed”

Bring a Walking Stick: New festival to Defend Free Area in France: Oct 8th

defendzad8oct2016Notre-Dame-des-Landes (France): Defend the ZAD – a Call for International Solidarity

For over 50 years, farmers and locals have resisted the building of a new airport for the French city of Nantes (which by the way already has one). Now in these rich fields, forests and wetlands, which multinational Vinci want to cover in concrete, an experiment in reinventing everyday life in struggle is blossoming.images

Radicals from around the world, local farmers and villagers, citizen groups, trade unionists and naturalists, refugees and runaways, squatters and climate justice activists and many others, are organising to protect the 4000 acres of land against the airport and its world.

Government officials have coined this place “a territory lost to the republic”. Its occupants have named it: la ZAD  (Zone À Défendre), zone to defend. Continue reading “Bring a Walking Stick: New festival to Defend Free Area in France: Oct 8th”

URGENT: Stop CETA treaty selling out Corporate Control of Europe

does-ttip-render-the-uk-election-pointless-327-body-image-1427295972
By Mark Dearn   at www.politics.co.uk  shared with thanks!

note: CETA is the equivalent of the defeated TTIP sellout, but routed via Canada

In the beginning, only a small clutch of dedicated activists, trade unions and charities raised the red flag against the now hated EU-US trade deal, TTIP. Continue reading “URGENT: Stop CETA treaty selling out Corporate Control of Europe”

 Llamado a la Solidaridad Anarquista Internacional con la Huelga de Presos desde Sept 9 en EEUU

  

ultima hora: lista extensiva de acciones del IWW aquí: SPREADING THE STRIKE: SOLIDARITY ACTIONS ACROSS NORTH AMERICA FOR SEPTEMBER 9TH

Support prison Strike from 9th Sept 2016

Esta primavera, los IWW (los legendarios anarquistas ‘wobblies’) y grupos comunitarios aliados organizaron huelgas en las carceles de miles de trabajadores encarcelados en Alabama, Wisconsin, Texas, Mississippi y Ohio, todos exigiendo el derecho a formar un sindicato. El Comision Organizador de Trabajadores Encarcelados del IWW ha llamado a una huelga nacional de las/los presos desde el 9 de septiembre 2016 con motivo del 45 aniversario del levantamiento de la prisión de Attica y afirma que tiene el apoyo de miles de prisioneros en los Estados Unidos.

de  https://325.nostate.net  traducido y compartido por The Free

El 9 de septiembre, los presos en los Estados Unidos comenzarán una huelga que será un paro general contra la esclavitud en la carcel. En resumen, los presos se niegan a trabajar;  se niegan a mantener las prisiones que se cuidan por sus propios esfuerzos.US Prisoners Strike Sept 19 2016

Los presos se luchan, no sólo por mejores condiciones o cambios en las reglas de libertad condicional, pero en contra de la esclavitud en  la prisión. Los presos afirman que la Enmienda 13, que abolió la esclavitud racial, al mismo tiempo permitió que los seres humanos pueden ser forzados a trabajar de forma gratuita o casi nada, siempre y cuando fueran prisioneros.

El actual sistema de la esclavitud en la prisión es una continuación de la esclavitud racial, que es un sistema que genera miles de millones de dólares en ganancias cada año por las grandes empresas en las industrias clave, como los combustibles fósiles, comida rápida, bancos, y los militares de EE.UU. . Continue reading ” Llamado a la Solidaridad Anarquista Internacional con la Huelga de Presos desde Sept 9 en EEUU”

Call for World Anarchist Solidarity with US Prison Strike

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.

On September 9th, prisoners across the United States will begin a strike that will be a general work stoppage against prison slavery. In short, prisoners will refuse to work; they will refuse to keep the prisons running by their own labors.

Prisoners are striking not just for better conditions or changes in parole rules, but against prison slavery. Prisoners state that under the 13th Amendment which abolished racial slavery, at the same time it allowed human beings to be worked for free or next to nothing as long as they were prisoners.sept 9 2016 prisoners strike

Prisoners see the current system of prison slavery to thus be a continuation of racial slavery, which is a system that generates billions of dollars in profits each year for major corporations in key industries such as fossil fuels, fast food, banking, and the US military. Continue reading “Call for World Anarchist Solidarity with US Prison Strike”

submedia TV: Dakotas block Pipeline..IWW Prison Strike.. Burn Down the Plantation

In this sedition we bring you an exclusive interview with prison inmate Melvin Ray, secretly filmed inside Holman Prison in Alabama. Melvin is a member of the Free Alabama Movement, a national organization against mass Incarceration and prison slavery.

They have teamed up with the IWW’s Incarcerated Workers Organizing Committee, to organize the largest prison strike in history, set to kick off on September 9th. Read more about the actions leading up to the strike at It’s Going Down.iww

You can listen to our entire interview with Melvin Ray here.

IF YOU LOVE WHAT WE DO, CONSIDER SUPPORTING US!

On the news section we give you a blow by blow of the recent Milwaukee rebellions that erupted, following the police murder of African American Sylville K. Smith.

We follow this up with the growing resistance against the Dakota Access Pipeline in so called North Dakota.NODAP2-e1460826233760 Continue reading “submedia TV: Dakotas block Pipeline..IWW Prison Strike.. Burn Down the Plantation”