Wednesday, June 30, 2010

Let’s take no orders to slash and burn from this G20 club

An institution dreamed up by finance ministers is trying to hand over the bill for the banking crisis to society’s poorest

Naomi Klein, The Guardian/UK, June 29, 2010

My city feels like a crime scene, and the criminals are all melting into the night, fleeing the scene. No, I’m not talking about the kids in black who smashed windows and burned cop cars on Saturday.

I’m talking about the heads of state who, on Sunday night, smashed social safety nets and burned good jobs in the middle of a recession. Faced with the effects of a crisis created by the world’s wealthiest and most privileged strata, they decided to stick the poorest and most vulnerable people in their countries with the bill.

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