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29 September 2008

Banks against the wall

What is the crime of the bank robber compared with the crime of those that own the bank?

Humanity short-sold. Coloured by numbers. For a large bonus. Northern Rock nationalised. Bradford & Bingley nationalised. Fannie and Freddy, may and might. All cost more than ever before, yet they are all worth less than worthless. Private interests bailed out by "financial socialism". Socialism for the rich, socialism for the few. Which isn't really socialism at all. Socialism for the rich few is better called fascism. All empires end. But no empire dies unless it is first killed.

The Middle Class Proletariat
The middle classes could become a revolutionary class, taking the role envisaged for the proletariat by Marx. The globalization of labour markets and reducing levels of national welfare provision and employment could reduce peoples’ attachment to particular states. The growing gap between themselves and a small number of highly visible super-rich individuals might fuel disillusion with meritocracy, while the growing urban under-classes are likely to pose an increasing threat to social order and stability, as the burden of acquired debt and the failure of pension provision begins to bite. Faced by these twin challenges, the world’s middle-classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest.

Source: The DCDC Global Strategic Trends Progamme 2007-2036 [PDF, 7MB]
Published by the Ministry of Defence
How to suck nest eggs: A good indicator of the reality of the "socialist" or "communist" operation of the thing called capitalism is to ascertain precisely what is being "socialised" in a "communist" way. If profits, rewards and benefits are socialised, it may well be communism or socialism. If, however, costs, debts and downsides are socialised, it's fascism.

The greatest acts of financial terrorism for almost 80 years play out as banks are bailed out to the tune of billions of invented numbers while bailiffs repossess more real houses and material wealth than ever before. Banking power is concentrated and consolidated further and the working and middle class pick up the tab for the privilege.

Meanwhile, the people begin to remember that almost a million properties sit empty on prison ship Britain as Chancellor Alistair Darling makes a surprise announcement from the steps of 11 Down-down-down-downing Street....

"Darling, Boom/bust is officially over"

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