November 03, 2011

I Mind that You Have Bought My Government

The Greek government has defaulted. Should we rejoice? 

For the most part Greece has defaulted on the impossibly high interest rates it has been asked to pay for borrowing money to survive in a system of economic duplicity and political corruption. Any smidgen of growth Greece can wring from its depleted economy will go towards paying interest rates forced upon them by the undemocratic ratings agencies such as Standard and Poor, and the banking cartel who like to think they have us all firmly stitched up in their grubby little mits.

The third world – or that which we laughingly call the developing world – which has been prevented from developing largely by the sharp practice of the IMF, the World Bank, and utterly mis-named fair trade agreements, has been in this position for decades, with any economic surpluses being put not towards their own growth, but to the bottomless coffers of the banking fraternity in the form of interest rates, infamously known by its other name: usury.

Some of us look upon the panic in the EU and the US with wry amusement. Some of us are taking part in the downfall of the industrial-military-political complex of greed by getting out there and Occupying. Others are wringing their hands because life as we know it is ending.

St Paul’s Cathedral, the chair and trustees of which are drawn from the financial conglomerates of Lloyds Bank, Lloyds Banking Group and Pricewaterhouse Coopers , has, by a twist of fate been hosting the London Occupy movement in the face of enormous pressure from the Establishment. Yet it has remembered its first calling, the people, and faced down the bankers.

Italy is next in line to default, and the sharp suits lining up at the G20 belie the panic. The Euro currency is falling apart. When EU monetary union was formed, they forgot the story of the Three Little Pigs, and built their houses on straw. But it is not the Big Bad Wolf which is blowing their houses down, it is the quiet decisions of the people.

Peacefully they congregate in the face of violence. They know it will work. Governments send in the troops to put off other would-be occupiers, but still the movement grows.

Young people are rising above their tick box education with the vision to see right through this system of greed. The bankers, blinded by decades of unfettered greed, have wormed their way out of a mere 0.05% on financial transactions commonly known as the Robin Hood Tax. Aided and abetted by government they spontaneously combust at the thought of higher taxes on the rich – even though a one-off, one year only, tax of 20% on the top 10% UK wage earners would wipe out the £800 billion UK deficit in one foul swoop.

Their greed is paving the way to their own undoing. They think they can buy us all. They have bought our governments, and manipulated our systems for the furtherance of their own pointless gratification. Ordinary people are feeling stitched-up. They have stopped buying ‘stuff, they have stopped listening to the propaganda. The sword of Damocles hangs over every job in town and the belts are drawing tighter. Economic growth is no more. Bankers and governments are looking like ridiculous parodies of Canute as they try to force back the incoming tide of change.

We don’t want a new system, we want those who are being paid to improve our lives to get on and do the job – to work for the future health and security of people and planet.

No comments:

Post a Comment