Monday, June 28, 2010

Sticking the Public With the Bill for the Bankers’ Crisis

How else can we interpret the G20 communiqué that includes not even a measly tax on financial transactions?

by Naomi Klein
The Globe and Mail

"My city feels like a crime scene and the criminals are all melting into the night, fleeing the scene. No, I'm not talking about the kids in black who smashed windows and burned cop cars on Saturday.

I'm talking about the heads of state who, on Sunday night, smashed social safety nets and burned good jobs in the middle of a recession. Faced with the effects of a crisis created by the world's wealthiest and most privileged strata, they decided to stick the poorest and most vulnerable people in their countries with the bill....."

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