World economic crisis


Fat cats and the economic crisis, cartoon

From British daily News Line today:

OVER five million mortgage holders – half the mortgage holders in Britain – could face eviction if interest rates go up and current government assistance packages are withdrawn.

That was the warning made yesterday by housing charity Shelter, which has written jointly with Citizens Advice, the Council of Mortgage Lenders, and the Building Societies Association to the new Tory chancellor, Osborne, and the Liberal Democrat business secretary, Caborne.

Banks in the US repossessed 92,400 homes in April, a record number. At the present rate, with more than 350,000 houses taken over by lenders in the first four months of 2010, more than 1 million American homes will be repossessed this year: here.

In the wake of the $1 trillion euro bailout agreement reached at the beginning of this week, governments throughout the continent have unveiled austerity measures that include sweeping attacks on jobs, wages and basic social rights: here.

The imposition of draconian austerity measures in Greece has been used as the occasion for the media to demand a similar assault on workers in the US: here.

New Jersey Governor Christie is continuing his attacks on teachers and public employees. Similar measures are being taken across the US: here.

2 thoughts on “World economic crisis

  1. USA: SIGN ONLINE PETITION TO DROP ALL CHARGES AGAINST
    CLEVELAND COLLINWOOD HIGH SCHOOL STUDENTS

    RESCIND ALL DISCIPLINARY ACTION INCLUDING
    SUSPENSIONS AND THREATENED EXPULSIONS

    STUDENTS COURAGEOUSLY PROTESTING SCHOOL CLOSINGS
    AND TEACHER LAYOFFS MUST BE SUPPORTED, NOT PUNISHED

    Please CLICK HERE to SIGN the important ONLINE PETITION to
    DROP ALL THE CHARGES AND DISCIPLINARY ACTIONS NOW!

    Tell Cleveland Mayor Jackson, Cleveland Police Chief McGrath, Cleveland Schools CEO Sanders, Collinwood H.S. Principal Deborah Moore, Cleveland City Council, Cleveland Board of Education, Ohio Governor Strickland, the Ohio Legislature, the Ohio Congressional Delegation, Education Secretary Duncan, President Obama and members of the Ohio and National media you want ALL CHARGES DROPPED and ALL PUNISHMENT RESCINDED NOW!

    Cleveland high school students attacked for protesting layoffs and school cutbacks

    On May 13, at 10:30 AM, a small group of Collinwood High School students walked out to protest the layoffs of 800 teachers and other school workers. They were joined by two activists with Fight Imperialism-Stand Together (FIST) (FISTyouth.wordpress.com) who also work with Bail Out the People Movement and were carrying a BOPM banner. By 10:45 Cleveland police had arrived on the scene, most likely after being called by the prinicipal. Cleveland FIST leader Caleb Maupin videotaped the police assault (http://www.youtube.com/watch?v=RpmjnDW-Ys8) The video shows an African-American male being shoved against a police car and a vicious attack on a 19-year old African-American female and her 16-year old sister. The two young women were arrested; the 19-year old has been charged with obstruction of justice, resisting arrest and aggravated disorderly conduct. The 16-year old has been charged with assault on a police officer, resisting arrest, aggravated disorderly conduct and violating daytime curfew. Other students were also given citations for violating daytime curfew and were suspended from school for five days. Walkout organizer Seth Barlekamp and another student were brutally interrogated inside the school by police, who threatened to have Seth institutionalized. Seth’s mother was threatened with arrest if the protests continued. All of the students who participated in the walkout, with the exception of Seth, are African-American, as are the majority of students at Collinwood High and in the Cleveland Public School District. The impending layoffs and closure of 16 schools will result in class sizes as high as 45 students in a room. The walkout was a courageous effort to build solidarity between students and members of the Cleveland Teachers Union and other school unions. The brutal assault was a deliberate attempt to intimidate students and crush the potential for labor-student-community solidarity and was a racist attack on the African-American community of Cleveland. We cannot stand for this!

    SIGN the online petition (text below) at http://www.bailoutpeople.org/collinwoodhspetition.shtml

    Call the Fifth District Police station, 216-623-5618 & 216-623-6500 to demand all charges against the students be dropped and to protest the brutal treatment of the students. Call the Cleveland Board of Education, 216-574-8000 and Collinwood High School, 216-451-8782 to demand the suspensions be rescinded and that Seth Barlekamp not be threatened with expulsion.

    Please help by CLICKING HERE to send the message below to Cleveland Mayor Jackson, Cleveland Police Chief McGrath, Cleveland Schools CEO Sanders, Collinwood H.S. Principal Deborah Moore, Cleveland City Council, Cleveland Board of Education, Ohio Governor Strickland, the Ohio Legislature, the Ohio Congressional Delegation, Education Secretary Duncan, President Obama and members of the Ohio and National media DEMANDING THE CHARGES BE DROPPED AND ALL THREATENED PUNISHMENTS INCLUDING SUSPENSIONS AND EXPULSIONS BE RESCINDED NOW!
    Sample Text:

    To: Cleveland Mayor Jackson, Cleveland Police Chief McGrath, Cleveland Schools CEO Sanders, Collinwood H.S. Principal Deborah Moore, Cleveland City Council, Cleveland Board of Education

    Cc: Ohio Governor Strickland, the Ohio Legislature, the Ohio Congressional Delegation, Education Secretary Duncan, President Obama and members of the Ohio and National media

    I am writing to demand that all charges be dropped against the Collinwood High School students who participated in the May 13 protest of school budget cuts, school closings and teacher layoffs, and all disciplinary actions including suspensions and expulsions be rescinded. These students did nothing except exercise their constitutional right to protest against school closings and teacher layoffs that threaten their ability to obtain a quality education in Cleveland Public Schools. But their peaceful, legal protest was met by police brutality and inappropriate arrests, charges and discipline. I demand the police be brought to account for their brutal treatment of the students and the inappropriate arrests, that the various charges of assaulting a police officer, resisting arrest, aggravated disorderly conduct, and violating a daytime curfew against Asia and Destiny Bruno be dropped, that the citations for violating a daytime curfew against other students participating in the protest be dropped, and that no expulsion or other action be taken against Seth Barlekamp in connection with the protest.

    Students who take courageous action to stop the threat against public quality education should be commended, not penalized.

    Sincerely,
    (Your signature will be appended here based on the contact information you enter )

    Bail Out the People Movement
    Solidarity Center
    55 W. 17th St. #5C
    New York, NY 10011
    212.633.6646
    http://www.BailOutPeople.org

    Like

  2. Pingback: Economic crisis, but not for nuclear weapons | Dear Kitty. Some blog

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