THE HIMALAYAN TALK: INDIAN GOVERNMENT FOOD SECURITY PROGRAM RISKIER

http://youtu.be/NrcmNEjaN8c The government of India has announced food security program ahead of elections in 2014. We discussed the issue with Palash Biswas in Kolkata today. http://youtu.be/NrcmNEjaN8c Ahead of Elections, India's Cabinet Approves Food Security Program ______________________________________________________ By JIM YARDLEY http://india.blogs.nytimes.com/2013/07/04/indias-cabinet-passes-food-security-law/

THE HIMALAYAN TALK: PALASH BISWAS CRITICAL OF BAMCEF LEADERSHIP

[Palash Biswas, one of the BAMCEF leaders and editors for Indian Express spoke to us from Kolkata today and criticized BAMCEF leadership in New Delhi, which according to him, is messing up with Nepalese indigenous peoples also. He also flayed MP Jay Narayan Prasad Nishad, who recently offered a Puja in his New Delhi home for Narendra Modi's victory in 2014.]

THE HIMALAYAN DISASTER: TRANSNATIONAL DISASTER MANAGEMENT MECHANISM A MUST

We talked with Palash Biswas, an editor for Indian Express in Kolkata today also. He urged that there must a transnational disaster management mechanism to avert such scale disaster in the Himalayas. http://youtu.be/7IzWUpRECJM

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS BLASTS INDIANS THAT CLAIM BUDDHA WAS BORN IN INDIA

THE HIMALAYAN VOICE: PALASH BISWAS DISCUSSES RAM MANDIR

Published on 10 Apr 2013 Palash Biswas spoke to us from Kolkota and shared his views on Visho Hindu Parashid's programme from tomorrow ( April 11, 2013) to build Ram Mandir in disputed Ayodhya. http://www.youtube.com/watch?v=77cZuBunAGk

THE HIMALAYAN TALK: PALSH BISWAS FLAYS SOUTH ASIAN GOVERNM

Palash Biswas, lashed out those 1% people in the government in New Delhi for failure of delivery and creating hosts of problems everywhere in South Asia. http://youtu.be/lD2_V7CB2Is

Palash Biswas on BAMCEF UNIFICATION!

THE HIMALAYAN TALK: PALASH BISWAS ON NEPALI SENTIMENT, GORKHALAND, KUMAON AND GARHWAL ETC.and BAMCEF UNIFICATION! Published on Mar 19, 2013 The Himalayan Voice Cambridge, Massachusetts United States of America

BAMCEF UNIFICATION CONFERENCE 7

Published on 10 Mar 2013 ALL INDIA BAMCEF UNIFICATION CONFERENCE HELD AT Dr.B. R. AMBEDKAR BHAVAN,DADAR,MUMBAI ON 2ND AND 3RD MARCH 2013. Mr.PALASH BISWAS (JOURNALIST -KOLKATA) DELIVERING HER SPEECH. http://www.youtube.com/watch?v=oLL-n6MrcoM http://youtu.be/oLL-n6MrcoM

Imminent Massive earthquake in the Himalayas

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS TALKS AGAINST CASTEIST HEGEMONY IN SOUTH ASIA

Palash Biswas on Citizenship Amendment Act

Mr. PALASH BISWAS DELIVERING SPEECH AT BAMCEF PROGRAM AT NAGPUR ON 17 & 18 SEPTEMBER 2003 Sub:- CITIZENSHIP AMENDMENT ACT 2003 http://youtu.be/zGDfsLzxTXo

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Tuesday, November 29, 2011

Fwd: [** MAOIST_REVOLUTION **] Bailing Out Bankers Leaflet



---------- Forwarded message ----------
From: Revolutionary Praxis <revolutionarypraxis@talktalk.net>
Date: Sat, Nov 26, 2011 at 8:14 PM
Subject: [** MAOIST_REVOLUTION **] Bailing Out Bankers Leaflet
To: Maoist Revolution <MAOIST_REVOLUTION@yahoogroups.com>


 

BAILING OUT BANKERS

In 2008 there was an international economic crisis brought about by the reckless speculation of investment bankers.  Governments, including the British Government, had to support banks by injecting many hundreds of billions of pounds into them. Otherwise the whole financial system would have collapsed causing a major economic depression.

 

WHERE DID THE MONEY COME FROM?

 

The Labour Government, who had encouraged banking speculation, raised these bail-out funds to save the bankrupt banks by borrowing money from other banks, investment companies and wealthy people.  The present Coalition Government is trying to pay off these loans by cutting public spending.  They are holding down public sector pay, reducing welfare benefits, cutting back public services and attacking pensions.  It is ordinary people - the NINETY-NINE PERCENT - who are being forced to pay for the foolish greed of the banker members of the capitalist class - the ONE PER CENT.  Meanwhile the Government's banker friends go on taking their multi-million pound bonuses.

 

BANKRUPT GOVERNMENTS

 

At the same time as big banks became unable to meet their obligations, some governments - in Portugal, Greece, Italy and Spain - were getting into deep, unsustainable debts.  In order to maintain public spending they have been borrowing more and more from the bankers.  As these governments' debts have grown the bankers - the "markets" - see their lending as more risky and charge a higher rate of interest on further loans.  This has simply intensified the financial problems of the debtor governments which have to borrow more from the bankers at even higher rates of interest to try not to default on their loan repayments.

 

LOAN SHARKS

 

These banks are behaving like loan sharks who lend money to poor people at very high interest rates.  Then when the borrowers can't meet the repayments the loan shark offers to lend more money at even higher interest rates.  The borrowers are trapped in a cycle of increasing indebtedness.

 

In the case of the big debtor governments in the Eurozone, such as the Greek Government, the situation is different from an individual debtor because if the governments stop paying their loan repayments then the banks who made them start to collapse.  So other governments in the Eurozone, such as the German and French, have to borrow funds to prop up banks to prevent the international financial system collapsing.  And yes, it is ordinary people in these countries who have to pay more tax and suffer cuts in public services to pay for bailing out the bankers. Whatever happens, we lose and the bankers win!

 

TIME FOR CHANGE

 

Every day it becomes clearer that the capitalist system under which we live is breaking down.  Inequalities are widening, unemployment is rising, and real incomes are falling.  No longer can we afford to prop up the bankers and the politicians who support them.  It's high time to start fighting back!

 

Revolutionary praxis       

Contact: mail@revolutionarypraxis.org

 Website: www.revolutionarypraxis.org

 

__._,_.___


--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/

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