[photograph of Kahentinetha Horn is from here]
A cross post from Brenda @ Censored News. This comes originally from Mohawk Nation News, which you can link back to by clicking on the title just below.
CAPITALIST MORAL REALITY
Mohawk Nation News
MNN. Capitalism is based on a few rulers exploiting Indigenous land and resources and enslaving everybody. The worldwide economic melt down shows that people are resisting the capitalist system of privilege for a few.
The banksters want their cut of the economy first and an international fascist government to protect their interests.
Capitalism is breaking down when we Indigenous began objecting to he parasitism of these greedy leeches. We resisted the destruction of our environment, dissolution of social programs, jobs and our lives.
After WWII the bankers manipulated Indigenous resources. Companies pretend to own Indigenous resources which they put up as collateral on the stock exchanges, to fraudulently raise money from the public.
The US dollar became the international currency based on $35 per oz. of gold. In 1971 Nixon suspended the gold standard. The U.S dollar was treated as if it was gold. The U.S. economy has deteriorated and the paper dollar is declining in value.
The oligarchs don’t work. They steal our resources and expect others to work for them. To keep money coming in, capitalists moved companies to the third world or off-shore to exploit cheaper labor. These sweat shops are coming to the US. They need cheap labor.
The US encouraged spending on credit. The banks make money without investing a cent! The real value of a house might be $150,000. The market inflates it to $500,000. The banks, insurance and other middle men pass the property around and pocket the $350,000 difference. If the owner defaults, the loan is foreclosed and the house is seized.
Monopolies put control in the hands of a few. A company is taken over and put out of business to eliminate competition. The financiers use the profits to buy other companies. It’s short term gain for themselves and losses for the people. The taxpayers cover the losses.
Workers’ pensions and programs are being bankrupt. Monopolies want unions to accept a two-tier working condition, one for the older workers and another for the new workers. The new workers must work for less and longer without benefits or rights.
Corporate lay offs, union busting, wage cuts and reducing benefits to control the people will lead to violent political convulsions, dictatorships, rampant militarism, fascism and, maybe, war.
The old oligarchs are desperately clinging to their class privilege by obstructing viable solutions. They want to keep control of money, government, state machinery, army, police and prisons.
The world needs another level of consciousness. Resources and the environment must be preserved. We Indigenous must stop the looting of our resources. We have a rich political history that is based on a relationship with the natural world and preserving the environment. Stock up and grow gardens!
Kahentinetha MNN Mohawk Nation News, www.mohawknationnews.com firstname.lastname@example.org For more news, books, to donate and to sign up for MNN newsletters, go to category “World” on www.mohawknationnews.com