18-11-2010, 02:17 PM
(This post was last modified: 18-11-2010, 02:22 PM by Peter Lemkin.)
David Guyatt Wrote:The problem being, however, is that a bank run very quickly results in a bank being closed before the creditors can get all their money out. And those who don't get heir money out lose it all because banks always leverage their assets.
It's a great idea but it wouldn't work in principle.
However, by withdrawing your spending power on other big corporations would not only hurt them, but would also hurt the banks, who would be net lenders to big companies.
Start with the airlines I say. Stop using them as a protest, and the fascist "security" nonsense at airports would soon stop. And then move on picking targets intelligently causing a severe squeeze in business but not a complete cessation.
David, I understand you point, but if that were to happen and the government did not 'bail out' the savers, as they did the banksters there would be guillotines again in France and blood in other countries too....... Your idea has merit, but takes a level of coordination I think the propaganda apparat and disrupters can thwart...IMO> There are no good solutions and shortly there will none without a lot of people getting hurt.....i.e. a revolution of one kind or another. What most of us long feared has come to pass....it ain't a comin' - its HERE NOW!
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass