The Crash of 1929 Was Just a Prelude: Truthout Interviews Whistleblower-Novelist Nomi Prins
|Nomi Prins, author of "Black Tuesday." |
(Photo: Official Nomi Prins Page)
Then I met a woman who'd live through those times, and she told me about her prudent father during the Depression. Leila's little sister, Rachel, is based on her. Leila herself came to me one night, when I was thinking about how we can often make very different choices depending on whether we listen to our hearts or our minds. The two men in her life, the banker and the laborer, represent those sides of her, in a time where nothing is black and white, but shades of gray.
Additionally, many have 401K or various pension plans that invest in various stocks and securities for them.
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Mark Karlin is the editor of BuzzFlash at Truthout. He served as editor and publisher of BuzzFlash for ten years before joining Truthout in 2010. BuzzFlash has won four Project Censored Awards.
Swaps, treasury bills/bonds, exchanges, derivatives and prodigeous printing; it is all one big fraud that has resulted in what Marx called "ficticious Capital" (of no REAL value) of $700TRILLION (the known amount) which is ten times the estimated WORLD GDP of $70TRILLION (REAL value as determined by LABOUR content)
Now obviously something has to give; something WILL give!
If the l%, of which the bankers are a significant part, have their way, that something will be the basic needs of the 99%. Ie. the rheams of paper, electronic accounts &c, all fraudulent worthless rat bag of deceitful transactions will be off loaded on to the 99% in the biggest swindle of all times.
It has already begun! In Europe the European Centrale Banque in cahoots with International Monetary Fascists (IMF) and the large banks worldwide are restructuring all these frauds into "BAILOUTS" which then exchange into debts for workers and entrepereneurs to pay with their FUTURE REAL value added earnings in the form of taxes that will not then go to essentials for the common people. Goodbye to pensions, medical care, clean water, nutrititonal food. Iceland and Greece are already being crushed in the jaws of these vultures, Spain and Portugal feel the talons and even Italy, Austria and France feel their hot breath, a breath pungent with the stink of economic and social carrion!
Germany, North America do not be complacent; you too are in the sights of the monster.
So what is to be done?!
99% Occupiers, Hang tough! SAY NO! to "BAILOUTS, NO to regressive taxes, NO to wars (that littlr people die for while the l% reap profits, NO to environmental neglect that reduces the carriing capacity of earth for living things!
Be inclusive of all who suffer (or soon will)
If you hang on to your souls, and never give up, you have a world to WIN!!