More Wall Street Crimes.

We reported yesterday about the crimes and racketeering of the criminals in Wall Street. Today more information has come out. According the the Wall Street Journal the big banks are fiddling their books. This is what they do. Banks issue quarterly reports of the state of their finances. It has come out that before these reports are made they fiddle their books to make it appear that their debt is less than it actually is. A society which represented the interests of working people would jail these people and throw away the key. These criminals are going to bring down the economy again.

The 2008/2009 world crisis was a crisis of the financial institutions, the stock markets and banks. These were bailed out with our, the tax payers', money. The International Monetary Fund has now issued a warning that the world economy is likely to be at the start of a "new phase." This one would not be marked by the threatened collapse of financial institutions but by the threatened collapse of entire countries. Things are not looking good. The world economy is being brought to its knees by the contradictions of its own system. And these have been exacerbated by the mad profit addicted criminal junkies who sit in their big offices, eat in their expensive restaurants and fill their pockets.

In the US the Democratic and Republican politicians are the direct representatives of the big capitalist corporations. The top ten recipients of money from Wall Street for the period last reported showed that eight of these were Democrats and two Republicans. The list was headed by New York Democratic Senator Charles Schumer. It is these two parties, these set of politicians who will be drawing up rules for Wall Street. We have a bunch of skunks guarding the chicken coup. We need a working peoples party to represent working people, to end capitalism and to build a democratic socialist society.

Sean.