Today was a grim day for the ‘markets’…Oh dear…To top it off, there are riots and uprising all over the damn place, and my wife dumped coffee on the Mac laptop. What a messed up day!
With a belly full of angst, I think I am better able to ramble my way through the root cause for shit hitting the fan. Lucky you!
I was following most of the London riots via Twitter and most people were pissed off at the stupidity of the rioters and were calling on the army to come ‘take care of the ‘morons’. I completely understand their anger at seeing masked looters committing crimes, and burning the towns up. It is fucked up. Sure.
But one comment I heard today summed it up for me. It went something like this. “I’m fed up with the bullshit and I’m stealing my taxes back!” The big theme going on around the world right now is that masses of people in multiple countries (third world and rich nations) are angry. Why?
Because they are seeing through the lies. Wikileaks helped make it obvious that there is a huge capitalist agenda that is messing with ordinary people, taking their land, taking their money via taxes, killing civilians in wars about oil and resources, and getting away with the biggest money grab in history.
The majority of the middle east ‘dictators’ were assisted or put in power by the USA. From the Taliban to the Bin Laden family to Suddam Hussein, they all were players in a global endeavor for Big Oil Companies and corporations to control the supply or oil and resources.
The last recession was scary wasn’t it? The whole system just about collapsed! Didn’t it? No. Did anyone notice the massive bailouts of tax payer dollars given away to publicly traded companies? Where did it all go? Into the pockets on the ultra rich. Hundreds of millions of dollars in bonuses paid. Record profits. Did the public get back their money after bailing out the global banks and various countries? For the most part, no.
There is a growing gap between the rich and poor in the world. More so than before in history. The poor and the middle class are taxed more than they have ever been, yet social programs, health care, pensions, jobs, and a standard of living are all falling.
Michael Moore is far better at telling the story of the greed of the current Capitalism system. I recommend you watch “Capitalism”. It is good.
I heard that wages have been steadily declining over the last 30 years and that today’s families are worse off. So, where is all our tax money going? To wars, and subsidies for big business to make more money. It is appaling that massive corporations pay little or no tax and in fact get tax payers money to help them out!
And people are mad. For many different reasons depending on where you are from. If you are young in the west, you may be angry because there are tons of shitty paying jobs, education is not affordable, and you see less and less on your paycheck because your taxes go to funding wars and not to helping you raise your family. So if you are pissed off, maybe you smash windows at the nearest corporate mega store, and burn some BMWs. It’s not right, but why are there so many riots? Why are so many young people really pissed off? I’m not any expert on the topic, but why aren’t we asking, why?
If you are in the Middle East, you may be angry because foreign armies are in your country killing your family and friends, and the same countries supported your evil dictator in the first place. They are taking your resources, killing your people, and then try to control your elections and put in another western influenced leader that allows big international corporations in to set up shop. So you vent your anger at the current leader that allowed all this to happen in the first place. Maybe try to overthrow your government.
I don’t condone rioting, civil war, violence or damaging people’s lives, however I can sure see a theme. I understand that people in general are becoming more desperate around the world, and many are pointing the finger at the ultra rich and global capitalism as the cause.
I have no answers. I’m just a guy living an average life, making an average wage, trying to raise his family in Western Canada. My opinion is just that, my opinion. I am just seeing that a problem is getting worse, and rich people are getting richer, and there are wars going on all over the place. And the stock market is the biggest worry on the news? No one is talking about the BIG PROBLEM. Something has to snap. I think we are seeing cracks in the system that was supposed make the world a better place to live.
I think everyone knows what the problem is, but no one wants to talk about it.
Here is a well written commentary over at Al Jazeera about this.
The violence on the streets is being dismissed as “pure criminality”, as the work of a “violent minority”, as “opportunism”. This is madly insufficient. It is no way to talk about viral civil unrest. Angry young people with nothing to do and little to lose are turning on their own communities, and they cannot be stopped, and they know it. Tonight, in one of the greatest cities in the world, society is ripping itself apart.
Violence is rarely mindless. The politics of a burning building, a smashed-in shop or a young man shot by police may be obscured even to those who lit the rags or fired the gun, but the politics are there. Unquestionably there is far, far more to these riots than the death of Mark Duggan, whose shooting sparked off the unrest on Saturday when two police cars were set alight after a five-hour vigil at Tottenham police station.
A peaceful protest over the death of a man at police hands, in a community where locals have been given every reason to mistrust the forces of law and order, is one sort of political statement. Raiding shops for technology and trainers that cost ten times as much as the benefits you’re no longer entitled to is another. A co-ordinated, viral wave of civil unrest across the poorest boroughs of Britain, with young people coming from across the capital and the country to battle the police, is another.
- Arson, Looting and Violence Are Criminal – Shock Horror! (allcoppedout.wordpress.com)
- London Riots: How I See Things (holymansam.wordpress.com)
- The Riots In Europe (lezgetreal.com)
- Why Americans Are So Angry | MichaelMoore.com (uniusq.wordpress.com)
- 30 Years Ago Today: The Day the Middle Class Died (kavvathas.wordpress.com)
- If Only Americans Weren’t So Goddamned Stupid We Wouldn’t Have to Send Them to Re-Education Camps (reason.com)
- The S&P Downgrade: Is the Sky Falling? (economistsview.typepad.com)
- Blah Blah Blahbetty Freakin’ Blah: Obama To Talk On TV Some More at 1 PM (minx.cc)