Responding to the global crash

How are people responding to the global economic crash? Tom Engelhardt gathers local news reports on murders, suicides, and other extreme personal responses to financial reversal. Reuters reports on food scavengers in France.

Bloomberg reports that the two global banks, JP Morgan and Goldman Sachs, will not be subject to salary and bonus regulations as Obama backtracks on his earlier promise.

“For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis is not only in bad taste, it’s a bad strategy, and I will not tolerate it as president,” Obama said yesterday.

That Obama is a clever dog, says one thing and does another.

Michael Werbowski reports on the European protest movements at Global Research. Werbowski identifies anarchists and leftists as organizers of European street protests, but he doesn’t come right out and say that the European Communist parties are the best-prepared of the European parties to take advantage of popular resentment against Europe’s leading politicians and bankers. Communist parties around the world are organizing popular resentment and channeling it into street protests. These protest movements are not temporary affairs, they are intended to be permanent general strikes designed to paralyze economies.

The far left in the United States has already split with Obama over his support for the globalist bankers, but so far they lack the ability to organize the suffering into permanent street protesters. This may change in the weeks and years ahead. The Right seems entirely unprepared for economic crisis, and disorganized.

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This entry was posted by on Thursday, February 5th, 2009 at 7:05 pm and is filed under Global Economy, U.S. Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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I read over 500 books on the history of the New World Order, but you only need to read one book to make up for the poor education they gave you in the public schools. The Hidden Masters Who Rule the World is a scholarly history that will take you beyond all parties, all worldviews, all prophecies, and all propaganda to an understanding of the future that the global controllers have planned for us.

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3 Responses to “Responding to the global crash”

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    December 25, 2009 at 2:31 am

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