I have to announce this today because we really need to get this point across to those in the upper 1% tax bracket. You know the ones that pay no taxes while in reality you are paying half your income in taxes implied and regressive on a minimum wage salary. That is if you can maintain a job in an economy like this. You still get to pay taxes on products you purchase in most states. The fuel your car uses, the glass of wine you are drinking so you can read the news without screaming.
The good people of France, yes the country that sent us The Statue of Liberty, is having a bank strike. Click on the Union Jack (British flag) if it is in French and you need it translated to english, use another option if you prefer another lingua franca.
Does this sound familiar?
The overwhelming majority of holders of a bank accounts, savings accounts or even a pension plan, are unaware the way money is created or what the banks are doing with the money that 'they are given. They know nothing about the principle of money as debt. They do not know the reality behind words like "asset bubbles", "Treasury bills", "Hedge Funds" or "securitization". Hence the media in general make little effort to inform in an objective, transparent and accessible way to all. The only thing the public really understands is that most major financial crimes and insider trading remain mostly unpunished, but they are the first to pay the consequences.
Not only do we deplore how many questions posed by ordinary citizens on the economic situation remain without clear answers in your columns, but we also regret your lack of zeal in denouncing the measures that have allowed the global economic situation get to the point where it is today: a situation that has bought our heads of states and Governments to their knees before the rating agencies, trembling with fear at the idea that our currencies are deteriorating.
Our politicians can't meet both the interests of financial markets and those of its citizens. So, it is time to remind them who they were elected to serve.
Strikes and demonstrations are no longer useful because whatever we do, we are not heard. And whatever they do, we are not consulted. So we decided to hit the system at its core - THE BANKING SYSTEM
We have to do something, I think this would be the best way to start.
According to time and date this will be happening at midnight tonight Pacific time.