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?
Yes, they are coming for us. Workers need to have one another’s backs because no one else will. Neither the broader labor movement nor the Democratic party are prepared to meet the urgency of this moment. So it’s going to fall upon the rest of us to mount a real resistance against Trump’s authoritarian takeover. We’re going to have to get our hands dirty. I don’t care if you have a good, well-paying union job and you are in the middle class now—if you see a worker being dragged out of his workplace regardless of how skilled the job and potentially taken to another country, you should be ready to be there for that worker. When I.C.E. shows up, gather around and shame them into leaving. It has worked in other places. America is sleep walking into authoritarianism, and if there’s anyone out there who is a member of a labor union that is safe—at this point— and doesn’t think this applies to them. Understand that they just haven’t gotten to you yet. They’re coming for all of us. There are ...
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