Posts Tagged ‘capitalism in crisis’

RICH THIEVES

October 11, 2009
GOLD!

GOLD!

8 Shocking Ways the Billionaires Have Schemed to Rob Us of Every Last $ By Mark Ames, eXiled Online. American billionaires keep cooking up scheme after scheme to shake down Americans and plunder the national wealth, as if the last one was too easy and boring.

Every day and every week we hear another shocking story about how our billionaires have cooked up an even sicker scheme to shake down Americans and plunder the national wealth, as if the last scheme was too easy and boring. They don’t even bother hiding it anymore: take the story about the “Death Bonds” I wrote about last month, first reported (however blandly) in the New York Times: the very same Wall Street bankers who conned $23 trillion out of America’s wealth is now going to use some of that play money to place bets on when we Americans will die—and the sooner we die, the more billions in E-Z profits Wall Street will earn.

It’s as if America is some kind of despised abstraction to our ruling class: a faraway colony to plunder, a mass of humanity to use and exploit as it sees fit. In fact, there’s a pretty clear pattern developing of just how much they despise Americans and how little they value our lives and our humanity.

http://www.alternet.org/workplace/143146/8_shocking_ways_the_billionaires_have_schemed_to_rob_us_of_every_last_%24

Eight Years Is Long Enough: What You Can Do to End the War in Afghanistan By Peter Rothberg, The Nation. Antiwar activists are reallocating their attention from Iraq towards Afghanistan, organizing protests and demonstrations for the coming weeks.

Editor’s Note: Pressure to end the occupation is coming directly from members of the Afghan govt. as well — writing for the Women’s Media Center, CODEPINK Founder Jodie Evans has returned from Afghanistan with a petition signed by Afghan leaders, including two female members of Afghanistan’s parliament and President Hamid Karzai’s sister-in-law. Check out Evans’ article and add your name to the petition here.

Within a matter of months a majority of Americans have shifted from supporting to opposing the Afghanistan war as we approach the eighth anniversary of the start of the conflict. According to recent polls, a solid 57 percent of Americans now object to the military effort.

http://www.alternet.org/world/143132/eight_years_is_long_enough%3A_what_you_can_do_to_end_the_war_in_afghanistan

Who Ran Away with Your 401K? By James Ridgeway, MotherJones.com. What starts with “f,” ends with “k,” and means “screw your workers”? That’s right — 401(k).

Like most people whose quality of life depends upon the fluctuations of an IRA, 401(k), 403(b), or other acronym-soup retirement account, I was born long before such things existed. It’s easy to forget, now that more than half of us have been made shareholders, that until well past the middle of the 20th century, most people had nothing to do with the stock market: Wall Street was for the wealthy and the reckless. It was a world most Americans didn’t understand and, after 1929, didn’t trust. Some lucky people had pensions, but few had the privilege of even thinking about retirement. They were too busy trying to survive the present — which in my childhood meant the Great Depression and then World War II.

http://www.alternet.org/workplace/143145/who_ran_away_with_your_401k

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