We had a server outage, and we're rebuilding the site. Most of the site features won't work. Thank you for your patience.
imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
latest news
best of news




A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Debts? Whose Debts? and Keith Olbermann

by one of many Friday, Nov. 18, 2011 at 12:35 PM

Truth is inwardness and must well up in everyone. Life is full of supernova explosions, a universe of possibilities where stars remain invisible until they find their partner star. "We keep the madness going that we call the economy when we do nothing against business as usual."


By one of many

[This short article published on www.nachdenkseiten.de is translated from the German on the Internet, http://www.streitzuege.org/2011/schulden-wessen-schulden.]

For months, the so-called debt crisis has been pounded into our heads. Day after day Greece was rapidly transformed into a bogeyman. “Look at Greece! See what happens when people live beyond their means!” The barrage of questions seeks agreement on further austerity programs and social cuts. “Whoever does not tighten his belt will soon be like the Greeks.” The average income losses there in 2010 were 1-2 months wages. Thus the demented logic will be: cuts as in Greece threaten whoever is not satisfied with future cuts for financing the system. Either you save or you save.

The austerity course suffered by the good real economy is criticized: whoever saves reduces demand and the sales possibilities of our corporations and enterprises. Should I buy pants every week only because the market is full of pants? Where state economic policy snatches butter from the bread, its supposed critics want to transform us into more efficient consumer machines. For some, we are cost factors and for other demand factors. For both, we are not persons who could use our intelligence to arrange our world for cozy all-round pleasure.

Should we sue for the satisfaction of our needs or make “demands”? Should we beg the political authorities to be good and think of us one time and not always only of the banks? Who can believe in all seriousness “the responsible” will change their mind when we take to the streets with our demands or – how terrible! – smash a few window panes? What would it be like to see reality in Cyclops’ eye for a change and accept the simple fact that we ourselves are responsible? We keep the madness going that we call “the economy,” not bankers or even politicians. How can this be? This economy moves in its framework with our “demands” when we do nothing against the status quo. Give to us, not the banks we hear childishly from the loudspeakers.

The protest against the banks recently gained approval from the highest posts. This is not astonishing. As long as we point to scapegoats with our finger, we will have to endure “agreement” from the uninvited side. A great coalition from far left to far right can easily be forged against the banks and for the so-called real economy – as a few decades ago when we defended “creative” against “accumulating” capital and followed the chancellor at that time into war and genocide. Applause from the wrong side is always the most unmistakable sign that we are on the wrong way.

What do you propose? the writer hears the reader ask. Make a clean sweep of false ideas, put an end to the search for scapegoats in your own head and in conversations with others. Perhaps it will then dawn on us how we could build our society against the fruitless gossip about state debts and the financial crisis of the world according to the motto: from each according to his abilities and to each according to his needs.


15 trillion dollar debt, November 16, 2011


Video: Keith Olberman on Mayor Bloomberg, November 15, 2011, 8 min.


Video: Keith Olberman on Occupy Wall Street, November 15, 2011, 3 min.



Report this post as:

Local News

Woolsey Fire: Worst News of 2018? J01 12:18AM

Oppose Environmentally-Harmful Development D10 4:03AM

Oppose Environmentally-Harmful Development D10 3:58AM

OUR HOUSE Grief Support Center Presents Night for Hope O30 5:38PM

Marshall Tuck’s racist dog whistle O27 5:01AM

Marshall Tuck’s ethnocentrism contradicts Californian values O27 4:32AM

Contra Costa-Hawkins O25 3:48AM

Debunking Some Anti-Prop 10 Propaganda O12 6:56AM

Why Should California Choose De Leon Over Feinstein? O10 9:55PM

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

More Local News...

Other/Breaking News



Paraphysique de proxémie guerrière J18 7:59AM


FARCELONA 8.17.2017 J17 3:23PM



PR Debt Cancel, Judge Reviews Cofina Debt J16 9:04PM

Réseautage, fragmentation du capital J16 4:20PM

Paraphysique de manipulation mentale et sociale J15 9:51AM

The Global Justice Project and Human Survival: We're Badly Off Track J15 5:08AM

The Global Justice Project and Human Survival: We're Badly Off Track J15 5:08AM

The Global Justice Project and Human Survival: We're Badly Off Track J15 5:08AM

Markets as a Fetish, Globalization, and Dissent Management J14 1:03PM

State Debts - The Primal German Fear J13 5:09PM

Sans liberté, sans égalité, sans fraternité J13 8:09AM

From Progressive Neoliberalism to Trump - and Beyond J12 9:22PM

Copper Cures Cancer J11 1:42PM

Steven Taylor, Investor who Evicts J11 9:24AM

Du sectarisme, des sectes, des clans J11 8:10AM

“Animaniacs in Concert!” Starring Voice Legend Rob Paulsen J10 6:34PM

Patrick Kilpatrick discusses and signs Dying for Living J09 11:51PM

SexActs vs Sexuality USA 2018 Invitations to Power Marriages without Affection J09 8:36PM

Changer de mentalité, changer de société J09 9:17AM

Teacher Strike? Time for Labor Studies J09 6:26AM

December 2018 Honduras Coup Update J08 10:12PM

Paraphysique de la désespérance J07 9:38AM

The Unification Church with Rev Moon is in La and Orange Counnties J07 9:07AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy