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Recent Articles about North America / Mexico EconomyUn México en las calles, un México en rabia Jan 12 17 El atentado de Orlando y las opciones presidenciales de los EUA Jun 21 16 Economic Rescue From the Bottom Up
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Saturday January 10, 2009 02:48 by GregA - Common Action nwcommonaction at gmail dot com
The working class is too big to fail Across the country, home foreclosures and job layoffs are on the rise. While we worry about our paychecks and homes, the government is giving money to banks that are “too big to fail” and asking them kindly to prevent a collapse of the economy by lending it out. We have little direct control over Wall Street, but anything we can do to prevent foreclosures and evictions from Main Street to Martin Luther King Way will directly impact the local economy. Across the country, home foreclosures and job layoffs are on the rise. While we worry about our paychecks and homes, the government is giving money to banks that are “too big to fail” and asking them kindly to prevent a collapse of the economy by lending it out. We have little direct control over Wall Street, but anything we can do to prevent foreclosures and evictions from Main Street to Martin Luther King Way will directly impact the local economy. |
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Jump To Comment: 1This is a really excellent, short and to the point, article. Definitely one of the best things I've seen written by anarchists for the general public about the crisis. Keep it up!