Forum Post: The Global Economy Is Not Sustainable
Posted 12 years ago on Nov. 13, 2011, 11:18 a.m. EST by Idaltu
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Those who jeer at our efforts for economic equity will eventually become part of the movement. The reason is simple: the entire global economy is not sustainable. The raping of the world economy by the parasites of Wall Street will catch up to everyone; including the 1 %. Its not rocket science. When a parasite kills off the host the parasite also dies off. The goal of this movement is to find non-violent methods for preventing total world wide economic collapse. The first objective towards this goal was ‘occupation’ which was very useful in waking people up to the fact that governments world wide were purchased by the parasites to foster their unbridled greed for money and power.
The second objective must be an economic measure that will stop the parasites from causing further damage to the global economy. It has to be a measure that stops the parasites with the least amount of damage to the host. This means that jobs and businesses must continue to prosper while at the same time stop the havoc caused by the parasites. These parasites remain virulent from feeding off of the interest made on borrowed money. One main feed line for this is the use of credit and debit card purchases. The second objective could be accomplished by world wide boycotting of credit and debit card purchases. Pay in cash, this maintains businesses and jobs but weakens the parasites.
Also, I know people hate the idea of foreclosure. But it is the same idea. Get out from under the toxic loans. Do not be ashamed. You can live in your house for up to a year, save all of the money you used to pay in interest each month, and use that to rent a decent place. I know the rent will be going to someone elses mortgage, but likely, they were alot smarter and got a better loan rate. Or move in with family, if you can, to save even more money.
I agree with you - people need to wake up. When I talk to about OWS at the office where I work a lot of my co-workers respond with negative comments about the protests. The interesting thing is that several of them, literally with their next breath, then say how they wish their son or their daughter could get a job and move out of their basement. They don't seem to see the connection, and don't realize that their children's situation is just the canary in the coal mine. They don't realize that our capitalist society is really "crony-capitalism" that left unchecked is leading to a form of "neo-fuedalism."
For decades now the corporations and special interests have had our "representatives" bought and paid for. We need to get the money out of our politics. Until we end the current system of legalized bribery (campaign donations) and paid lobbying our politicians will continue to be the lap dogs of the corporations and special interests. What we need first and foremost is real, loop-hole free CAMPAIGN FINANCE REFORM!!!! If the corruption is not dealt with first, the chance of any other meaningful reforms becoming a reality is almost zero - the special interests will just use their money to buy votes and put forward bills that create loop-holes or otherwise twist the law in their favor. If we want our children to live in a country where there vote matters, we need to get the money out of our politics, otherwise they will increasingly become the 21st century version of the "landless peasant." Spread the word - CAMPAIGN FINANCE REFORM needs to be THE main goal of the protests.
We could have mass bankruptcy. It does help get rid of the toxic dept in our own lives. It also prevents further entrenchment because of the bad credit score. At first, I was ashamed to go through the process. But it has helped me tremendously. Before the bankruptcy, each month, almost my entire paycheck was going towards interest. It was truly sickening. For years I never paid any principle. They can keep their loans, I don't need them. I am much better off without them.