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-------- Original Message --------
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<th align="RIGHT" nowrap="nowrap" valign="BASELINE">Subject:
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<td>AUDIT WALL STREET</td>
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<th align="RIGHT" nowrap="nowrap" valign="BASELINE">Date: </th>
<td>Thu, 15 Nov 2012 21:35:18 -0800</td>
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<th align="RIGHT" nowrap="nowrap" valign="BASELINE">From: </th>
<td><a class="moz-txt-link-abbreviated" href="mailto:tpc@mcn.org">tpc@mcn.org</a></td>
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<th align="RIGHT" nowrap="nowrap" valign="BASELINE">To: </th>
<td>Agnes Woolsey <a class="moz-txt-link-rfc2396E" href="mailto:agnes@mcn.org"><agnes@mcn.org></a></td>
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<pre>AUDIT WALL STREET
By Fr. Tom Cahill
If either the Democrats or Republicans really-really wanted to seriously
challenge the other, they would call for an audit of the entire national
debt to figure out exactly who owed what and to whom. Imagine the
possibilities!
This is exactly what the Greek resistance movement is calling for from
their own government, claiming among other things, the debt is being
grossly inflated by lenders, according to the documentary “DebtOcracy.”
This film was produced last year (2011) in Greece with English subtitles
and recommended to me by Birgitta Jonsdottir, a progressive member of
Parliament in Iceland who has been a major supporter of politico/economic
transparency for all countries as well as Nobel Prizes for Bradley Manning
and Julian Assange.
“DebtOcracy” exposes not only the role of Wall Street but other countries
in the rip-off of Greece’s economy. Germany and France, for instance,
have been trying to foist off the sale of big ticket arms such as
airplanes and tanks on the already devastated Greeks in exchange for help
with more fucking loans, making the country even deeper in debt. My
Goddess, what chutzpah! This has got to be the most stinking of “odeous
debt.”
In the one hour fourteen minute film, “odious debt” is described as having
three conditions; (1) the government of a country receives a loan from
another country without the knowledge and approval of the majority of
citizens, (2) the loan is spent on programs or activities NOT beneficial
to the majority of the people and (3) the leaders of BOTH countries
clearly understand this situation and obfuscate or just play dumb.
Capitalism is government-sanctioned theft. And you can quote this
ecosocialist.
“It’s immoral to pay an immoral debt. It’s social genocide,” states a
commentator in the film.
And a sign in a demonstration in Athens translated into English was “Poor
people, don’t eat each other. Eat the Rich, they’re plumper.”
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