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Slovenian philosopher Slavoj Zizek, akaThe Elvis of cultural theory, is given the floor to show of his polemic style and whirlwind-like performance. The Giant of Ljubljana is bombarded with clips of popular media images and quotes by modern-day thinkers revolving around four major issues: the economical crisis, environment, Afghanistan and the end of democracy. Zizek grabs the opportunity to ruthlessly criticize modern capitalism and to give his view on our common future. We communists are back! is the closing remark of Slavoj Zižeks provocative performance. Our current capitalist system, that everyone believed would be smoothly spread around the globe, is untenable. We find ourselves on the brink of big problems that call for big solutions. Whatever is left of the left, has been hedged in by western liberal democracy and seems to lack the energy to come up with radical solutions. Not Zižek. Interview: Chris Kijne Director: Marije Meerman Production: Mariska Schneider /Pepijn Boonstra Research: Marijntje Denters/Maren Merckx Commissioning editors: Henneke Hagen/Jos de Putter

Useful high profile article about business lending - but 3 important points in the comments.

Public servants are convenient scapegoats. Republicans would rather deflect attention from corporate executive pay that continues to rise as corporate profits soar, even as corporations refuse to hire more workers. They don't want stories about Wall Street bonuses, now higher than before taxpayers bailed out the Street. And they'd like to avoid a spotlight on the billions raked in by hedge-fund and private-equity managers whose income is treated as capital gains and subject to only a 15 percent tax, due to a loophole in the tax laws designed specifically for them.

But the problem is that we live in a society where capitalism itself has become rampantly feral. Feral politicians cheat on their expenses, feral bankers plunder the public purse for all its worth, CEOs, hedge fund operators and private equity geniuses loot the world of wealth, telephone and credit card companies load mysterious charges on everyone's bills, shopkeepers price gouge, and, at the drop of a hat swindlers and scam artists get to practice three-card monte right up into the highest echelons of the corporate and political world.

In this interview on Canadian television Chris Hedges basically states that American democracy is dead and that only 'a revolution of the people' can restore the USA to democratic values. Since this is extremely unlikely, America will further degenerate, and end up as a semi-fascist corporate state, probably culminating in a right-wing backlash in the form of Nazi-like purges against Muslims, immigrants and other minority groups. And, of course, there will be more endless wars on defenceless nations to boost the arms industry and divert attention from the internal rot. Maybe the Americans should learn from the Egyptians rather than vice versa!

Since the financial crisis of 2008, one of the most revealing spectacles has been the parade of financial elites who petulantly insist that they are the victims of societal hostility:  political officials heap too much blame on them, public policy burdens them so unfairly, the public resents them, and -- most amazingly of all -- President Obama is a radical egalitarian who is unprecedentedly hostile to business interests.  One particularly illustrative example was the whiny little multi-millionaire hedge fund manager (and CNBC contributor), Anthony Scaramucci, who stood up at an October, 201o, town hall meeting and demanded to know:  "when are we going to stop whacking at the Wall Street pinata?" The Weekly Standard now has a very lengthy defense of -- including rare interviews with -- Charles and David Koch, the libertarian billionaires who fund everything from right-wing economic policy, union-busting, and anti-climate-change advocacy to civil liberties and liberalized social policies -- though far more the former goals than the latter.  In this article one finds the purest and most instructive expression of billionaire self-pity that I think I've ever seen -- one that is as self-absorbed and detached from reality as it destructive.  It's really worth examining their revealed mindset to see how those who wield the greatest financial power (and thus the greatest political power) think of themselves and those who are outside of their class.

Are you tired of big banks making record profits, paying giant executive salaries and bonuses and then cooking the books so they avoid paying taxes?  We are.  And, we are responding.  Join us.On April 15 in Union Square Park in New York City at 11:00 AM we are holding a "Sounds of Resistance Concert" and protest against the big corporate banks that have undermined the U.S. economy and displaced families from their homes. Big Finance has taken more than a trillion from the Department of Treasury and Federal Reserve to pay for their casino gambling on Wall Street but they are still forcing people out of their homes, not lending to small businesses and choking the economy.The concert will feature political hip-hop/rock powerhouse Junkyard Empire with special guests Broadcast Live and Sketch the Cataclysm. Chris Hedges will speak about the growing culture of resistance. Other performers and speakers are invited.The protest will include a picket of the Union Square Bank of America - a major culprit in the great rip off of the American taxpayer.This concert and protest are part of the effort to build the urgently needed movement to shift power to the people and away from concentrated capital interests.                                        

The true picture of the American economy is that in 2007 there were 146 million Americans employed, or 63% of the working age population. Today, there are 139.9 million Americans employed, or 58.5% of the working age population. Over this time frame, an additional 7.1 million Americans entered the working age population. In 2007 there were 26.3 million Americans on food stamps, or 8.6% of the US population. Today there are 44.2 million Americans on food stamps, or 14.3% of the US population. To call the current economic disaster a recovery is to practice the art of the Big Lie.

These are remarks Chris Hedges made in Union Square in New York City last Friday during a protest outside a branch office of the Bank of America.

The 'Volcker Rule' got fresh support this morning when five former Treasury Secretaries endorsed the key financial regulation in a letter to the Wall Street Journal.

We will not stop the war in Afghanistan and Iraq, we will not end this slaughter of innocents, unless we are willing to rise up as have state workers in Wisconsin and citizens on the streets of Arab capitals. Repeated and sustained acts of civil disobedience are the only weapons that remain to us. Our political system is as broken and dysfunctional as that once presided over in Egypt by Hosni Mubarak. We must be willing to accept personal discomfort, to put our bodies in the way of the machine, if we hope to expose the lies of war and blunt the abuse by corporate profiteers. To do nothing, to refuse to act, to be passive, is to be an agent of injustice and to be complicit in murder. The U.N. report estimates that during the two-year period it studied almost 1,800 children were killed or injured in conflict-related violence, but numbers can never transmit the reality of such suffering.