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Eric Cantona: Kill the banks-France activists to withdraw all money on Dec 7th
#1
http://www.youtube.com/watch?v=zaoP-4wYl...r_embedded
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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#2
Magda Hassan Wrote:http://www.youtube.com/watch?v=zaoP-4wYl...r_embedded

Great idea! - may it spread to all 'developed' countries! :marchmellow:
"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
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#3
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.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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#4
But it is such fun to fuck with them, rattle their cage and poke a stick at them for a bit.

Aren't the deposits supposed to be covered by the government? Some sort of insurance?
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
Reply
#5
Magda Hassan Wrote:But it is such fun to fuck with them, rattle their cage and poke a stick at them for a bit.

Aren't the deposits supposed to be covered by the government? Some sort of insurance?

In the US most banks are covered by the FDIC--Federal Deposit Insurance Corporation. I think we need all the good ideas we can get and the French may have a good one. They are not as much under the corporate thumb as the US.
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#6
Yep, but if all the banks go belly up then the governments go belly up too as everything is so glued together.

By all means fuck with them, but to do it effectively, aim to hurt them slowly - grind them down, but don't kill them in one go.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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#7
David Guyatt Wrote:Yep, but if all the banks go belly up then the governments go belly up too as everything is so glued together.
Not necessarily a bad thing. Argentina and Iceland come to mind.
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
Reply
#8
Possibly.

But I'm more inclined to think of the void caused by the Weimer Republic going belly up and how that was filled. Then fast forward that by 80 years, a far greater and far more integrated world population; food, medicines, fuel and other vital consumables controlled by just a few major corporations wholly dependent for their delivery upon stability etc.

Anyone who has seen a large supermarket undergo a frenzy of panic shopping - people snatching goods out of other people's hands, and off shelves, elbowing other less fortunate shoppers out of the way - may have an insight of what might happen if real panic sets in.

Just my perspective of course. On the other hand I've seen something like this coming for well over 10 years now - which is why I prefer to see the tyre slowly deflate rather than suffer a sudden puncture. :fisheye:
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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#9
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
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#10
I completely understand where you're both coming from, honest.

But for me personally, the potential suffering and bloodshed of the innocent that would result is too terrible to contemplate to warrant assisting chaos along its shadow Via Reggia.

I always prefer to suggest more moderate and progressive ways forward and I don't think these are impossible either - but yes, they are more fraught with difficulties.

But the base point has to be that no one wants to suffer another Hitler, Stalin or Robespierre and, in the final analysis, we should be smart enough to have learned from history rather than simply repeat it.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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