What happened and is happening in countries like Greece, Spain, Italy, and Portugal has already happened here in the U.S. The blatant facts are it is not the fault of the borrowing people or countries; it is the reckless lending by German, U.S. and other banks or lending institutions, like Goldman Sachs.
Greece should have never been let into the Euro and only met the membership criteria by working with Goldman Sachs to cook its books much to the detriment of the Greek people. The books were cooked to hide Greece’s debt with currency swaps after the 2008 crisis. The banks that lent so recklessly were bailed out and Greece was left holding the bag.
The idea that Greece is to blame for its woes and should do like Ireland did is wrong. If this all sounds like we here in the U.S. have heard and seen this financial criminal behavior before, we have and again the banks and Wall Street were bailed out and the people were thrown out of their homes.
At this time in Spain, nearly 350,000 Spanish families are unable to cover their mortgage payments and have been evicted, which precipitated a wave of suicides and now there are 3 million houses vacant. Between 24 percent to 50 percent of young people are jobless and this could very well be happening here in the U.S. again for there is a war being waged on our unions, wages and most of our social programs.
With oligarchies like the Koch brothers getting more money and power each election, what we’re seeing in Europe is what will happen here unless the proletarians become educated on what is to be done and how to do it. Enough is enough. How much money does one wealthy family need to live comfortably?
Unions’ long game is to get all union contracts to expire on the same day nationwide. The United Auto Workers combines contracts ends on April 28, 2028. This could then result in a mass national strike starting on May Day beeginning that year. This could then put enormous pressure on employers, but also on lawmakers. It’s the muscle and sweat of the workers that keeps this country great, not the individual company or corporations. This May Day strike would be the time to change the workers’ world for the better by negotiating for a 32-hour week with the same pay, and the U.S. adopts a healthcare for all with no out of pocket costs. This would also help the employers as they would no longer have to provide healthcare. By striking, the UAW won same pay for new workers, all UAW contracts will end on the same date, a 25-percent pay increase, a cost of living adjustments, a guaranteed right to strike over potential plant closures, and also the right to vote to unionize through the card che
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