"Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds."
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Tuesday, March 26, 2013
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Political prisoners [USA] are those currently in prison because of their race, religion, political convictions, or care for others. Removed from community because they seek justice for their people, some are branded with inappropriately long sentences and are often in solitary confinement to destroy their beliefs.
Thursday, March 14, 2013
While the 1,426 billionaires of the world are celebrating their rankings at the Forbes Magazine’s 2013 List of Billionaires, having gathered a total net worth of $5.4 trillion, an actual $800 billion increase since last year; let us remind ourselves that these riches could not have been accumulated without the most vital means of production: the labour force.
No brilliant idea could have been implemented, no new product could have been produced, no machine could have been built, no means of transport could have moved without the workers. Without the sweat and blood of the workers in the ships, the mines, in the construction sites and the industries nothing would happen.
These billionaires are only appropriating the product of the social work and exploiting the natural resources that belong to the People.
However, while these billionaires are celebrating in their jets and swimming pools, there is an 80% of the population that lives with under $10 a day, with actually 50% of the population living with $2,50! While some many millions of them live in slums, are still illiterate, lack sufficient access to clean water and adequate medical services.
These billionaires and many more millionaires are fighting their part in the class struggle: with their hard efforts to control the governments, the IMF, the World Bank, by organizing wars, by trying to corrupt and manipulate the trade union movement.
Let us fight our part with more determination, strengthen the class oriented trade union movement and grow our struggles for the satisfaction of the contemporary needs of the workers and the popular strata.
THE PRESS ROOM World Federation of Trade Unions