The Bank for International Settlements (BIS) is an organization shrouded in mystery. This may be due mainly to the fact that the majority of people don’t even know of its existence.
Occupy
Re-imagining our collective powers against austerity
The “public” interest has been made synonymous with economic growth and international competitiveness. Police, surveillance and military budgets are, as Nina Power notes, being increased in order to defend the “public” from vague racist threats like ISIS and “terrorism,” but in fact these weapons will be wielded against those of us committed to causing “economic disruptions” to challenge the order of extractive austerity.
Inspirational: Striking Workers Occupy Telefónica HQ in Barcelona
When they went on strike on March 28 this year, they rejected not only the company’s meager offer but also that of the two largest Spanish trade unions — the CC.OO and the UGT — which, as one striker put, “sold us” for a small rise on the previous drastic reductions and to put an end to the strike
The Establishment Consensus
Contrary to the accusations of laziness and apathy, therefore, the decision not to vote of those who profess anger towards the system represents true democracy: exercising the right to vote for ‘none of the above’ because, in frank terms, ‘none of the above’ stand for them; representing instead the ruling and corporate classes – the ‘establishment consensus’: the continuation and entrenchment of the status quo.
Kindness, Activism, Ego, and Social Skills
If you also need a reminder of how all this dysfunction kills any chance of social change, take a good, honest look around. While we bask in the glow of our “fans” regularly tuning in to our livestreams or sharing our photos or quoting our statuses, every form of life on earth is under assault with no hint of imminent reversal.
Iceland To Take Back The Power To Create Money
Iceland’s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Frosti Sigurjonsson, entitled “A better monetary system for Iceland”.
Eurozone Minister Comes Clean About Austerity
When the banking system becomes too big to bail, the moral hazard trade that started it all becomes systemic “immoral hazard”—an extortion racket aided and abetted by the very politicians elected to serve our interests. When that trade takes place in a set of institutions that is incapable of resolving the crisis it faces, the result is permanent austerity.
The Most Dangerous Woman in America
Sawant believes that because of the presidency of Barack Obama—who has served corporate power, expanded imperial wars, carried out a massive assault on civil liberties and failed to address the needs of the mounting numbers who are unemployed or underemployed—many people, especially young people, are hungry for political alternatives to “the two big business parties.”
Dying4Heat: Unacceptable Accepted Murder
This disregard for the sanctity of life of our fellow community members, of which last year 7000 grandmas, grandads,mothers, fathers, aunts, uncles, sons and daughters were murdered, is for record high profit margins to serve the one percent.
DEMOCRACY “ARRESTED” OUTSIDE HOUSES OF PARLIAMENT
Around 200 Occupy Democracy supporters were threatened with arrest and five arrests were subsequently made in which large numbers of police targeted and, sometimes violently, picked off peaceful protesters.
A Little Rebellion is a Good Thing
“The right of Revolution is an inherent one. When people are oppressed by their government, it is a natural right they enjoy to relieve themselves of the oppression if they are strong enough, either by withdrawing from it, or by overthrowing it and substituting a government more acceptable.”
Message From Greece
We hope that the calls and solidarity actions will grow even more on Greek and international level and we encourage you to do your best in turning the conflict over Greece in a change for all Europe and beyond.