domingo, 26 de agosto de 2012

The uncle Sam

International
The banking is insatiable and it requests more
The uncle Sam
By: Carlos Damián December 27, 2012
Occupy Wall Street’s year
México. - In this context there will be more indignant, more Occupy Wall Street, more Arab springs, but social movements of the 132, and all this simple and flatly until it explodes the ball of pus. How to forget that in 2008, the government of George W. Bush, announced "mechanisms" of up to 800 thousand million dollars in new loans and debt acquisitions to look for to defrost the credit markets for the consumers and to rescue the “free market” of the worst crisis from the great depression, in what is already the state intervention in the most expensive economy in the history.

"With this initiative, the government from The States has already invested and committed more than 5 trillion dollars in 22 programs to rescue the American economy, and according to some calculations the total could arrive to 7.5 trillions, equivalent halfway the gross internal product of The States in 2007 and almost double the American cost from the Second World War". While it has registered an economic contraction in the last trimester of 2008, with even more pessimistic presage for 2009, David Brooks adds, the collapse continued in the consumer's expense as well as in the prices of the sector real state and more banks on the edge of the cliff.

The States: it failed and now the shift is for Europe
"The government seemingly is willing to break up with all the rules of the free market and to make it necessary to subsidize the economy. The Federal Reservation and the Department of the Treasure presented two new programs to enlarge the credit in order to promote the consumer's expense and to reduce the interest rates of the mortgages, and with trying to resuscitate it two pillars of the economy, that of the consumer and the real state sector". At the same time, the White House, with Bush junior like tenant, a “agreement" was announced to protect 306 thousand million dollars of credits in risk of the financial giant's losses Citigroup besides that it will carry out a direct injection of resources for 20 thousand additional millions.

"Citigroup will receive protection against eventual unusual losses on a package of active for near 306 thousand million dollars in credits and insurance supported by residential and commercial properties that will remain in the balance of the group". It figure committed it was dedicated to “compensate the unusual losses", in what constituted the second action of government rescue to the financial giant. But it didn't take a lot of time so that the current tenant, president Barack Obama arrived so that it finished the work begun by the junior, while the unemployment grew at speedy step and the level of well-being of most in that country it left it stops below.

Of the money of the taxpayers thousands of millions of dollars directed to the financial-speculative system have come out, so that the American economy stays in the floor, while the barons of the money continue making of his money anything. In its taking of possession, Obama announced the time of the immobility it finished and of protecting selfish interests, because a nation cannot be prosperous when it is only favored to the rich ones". This whole event seems that it was yesterday, because the European governments didn't find out the American great failure of its similar one, because they gave its seen good so that the European Central Bank, for the first time in its history, it would grant long term credits and soft interests for around 500 thousand million Eurus (approximately 641 thousand million dollars).

But the addressees of this waterfall of public resources are not the citizens full with debts, but the big ones corporate financial, those that have caused this crisis. What was expected happened and it repeated the show of the junior but now it is in Europe, and it is predictable the result without being a financial analyst. Now when remitting us to Bruce Springsteen's foreword, 'Someplace like America', where he comments us that for three decades like they left destroying the dreams of America step by step. The histories of those citizens that they built with their blood, perspiration and money in the post-industrial era created big buildings, roads, freeways, cities, bridges, and they didn't request anything to change more than a good day of work and decent life.

Tom returns
The history of the workers and employees speak to us of the “failure of our representatives in stopping this tide, of their failure in to guide to our economy in a direction that was useful for the American citizens that came behind from them and to allow that a social system was kidnapped to the service of the elite". These histories are documented in the book by journalists like: Dale Maharidge and photographer Michael Wlliamson during 30 years, Springsteen continues, “they allow feeling the crushing destruction of the purpose, the identity and the meaning in the American life, sucked by a resolved plutocracy to squeeze its last tribute drops, without caring the cost humans."
www.youtube.com/watch?v=OLFLrTnue9s&feature=related
Springsteen has sung and the boss of the rock has found the mystic of the American town in the extraordinary song 'Tom Joad's ghost’, inspired with some Steinback. But this “universal connection” arises of the solidarity with the camps and other expressions of rebelliousness of Occupy Wall Street, in the manifestations of almost 1400 cities and towns in The States. We also find Pete Seeger, with a wonderful mining song, 'Which side are you on? ', together with several hymns to the labor fight. Another national symbol damaged and therefore low state protection is a bull. In spite of these measures it is already late the rebellious songs they are the essence of the road, and the year it continues with verses different to those that have been sung previously. Tom has arrived and he is selling in his car, hot dog in front of Wall Street’s bull. (La Jornada, mundo, p.p. 18-29, December 26, 2012).

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