The two animation videos below offer a very understandable explanation of the financial crisis sparked by the house price bust in the US. The representation of high risk mortgage borrowers is dodgy (you'll see what I mean), but on the whole their good. They show why the current strategy pursued by the global elites, basically pumping trillions of public money into the debt economy is doomed to fail. The big banks and other financial institutions want the party to continue of course - there's mega-profits to be made! So they aren't going to stop willingly. Hence the need for campaigns that target the banks and raises economic alternatives to a hyper-financialised economy that's one very big ticking bomb. To start building some public pressure against the banks sign the Make the Banks Pay online petition today, go to http://www.ipetitions.com/petition/badbanks/. Tell your friends.
Sign on to our "letter" to prime minister John Key. And support our demands to curb banking power and protect grassroots people. Click image above.
1. Stop forced mortgagee sales
2. Turn Kiwibank into a proper public bank
3. Introduce a Robin Hood Tax (also known as a Financial Transaction Tax)
Sign on now. Tell your friends, family and workmates.
About the campaign
The operations of the Big Four Aussie-owned banks, ANZ National Bank, BNZ, Westpac and ASB, are harmful to the lives of grassroots Kiwis.
The Bad Banks campaign has been initiated bySocialist Worker to challenge banking power in NZ. By targeting the banks we target a pillar of neo-liberalism.
We welcome other groups and individuals getting involved and producing their own campaign publicity against the banks.
Find us on Facebook
Join us on Bad Banks street stalls?
To help on stalls around the country email Vaughan at svpl@xtra.co.nz or ph/txt 021-0415 082
No comments:
Post a Comment