Archivo de la etiqueta: bailout

Debt Versus Democracy: A Battle for the Future

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Strike Debt on Fifth Avenue for Global Noise Demo. (Photo: Marisa Holmes)

In the US and Europe, the movement of squares has responded to attacks on the social good by debt resistance and direct democracy. In assemblies, mic checks and self-organization, they demonstrated that another world is possible. Now the movement is articulating full-scale resistance. Sigue leyendo

Ireland World Record Attempt: Most Expensive Bank Bailout Ever #NotOurDebt

December 16, 2012: An application has been lodged with the offices of the Guinness Book of Records to recognise Ireland’s as the World’s Most Expensive Bank Bailout, per capita. The World’s Most Expensive Bank Bailout bid is being submitted by the campaign group Debt Justice Action, on behalf of all of the people in Ireland who, the group claim, will each pay €16,500 to make this record attempt a reality.

[youtube hAkFatWFcOY] Sigue leyendo

Action week: Bail out people not the banks!

Everywhere in Europe, debt repayment is used by governments as a pretext to impose the biggest social backslash since World War II. Everywhere citizens’ rights and hard-won social benefits are jeopardized.

CADTM suggests alternatives to this unfair and deadly logic. Some have been concretely experimented in Southern countries and are worth being examined, others are being explored and need strengthening, others yet have to be invented. All will require our common endeavour. Sigue leyendo