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Re: <nettime> Naomi Wolf: This global financial fraud and its gatekeeper
Armin Medosch on Mon, 16 Jul 2012 21:11:43 +0200 (CEST)


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Re: <nettime> Naomi Wolf: This global financial fraud and its gatekeepers (Guardian)


Brian and All,

As Keith says, this has been going on since October 27, 1986, when the
City of London was essentially offshored and screen-based trading began.
Since then, the huge troves of money and expertise concentrated by the
financial sectors of each country and region have reshaped practically
all aspects of government, to the point where today, citizens confront
what appears to be the police (and perhaps tomorrow the armies?) of
finance.

the irony is that it works so badly the army has to be drafted in to cover front end security tasks involvoing visitors during this Olympics 2012 in London because the security firm whose task it was to hire people failed to do so, by very large numbers. This company - whom I am not naming but aginst whom I have no special grudge since they are very similar to many companies - epitomises in many ways the working of neoliberalism through its whole business model

now it seems no one is keen to work for them at all anymore at those low wages and exploitative practicers, they have been bussing in the unemployed from the west country some weeks ago to work for free; so there are private security companies hired to do things that used to have been done by the state in the first place, there are privatised work placement companies maging a gain and now the state has to jump back in to cover for the inadequacies of a private security company thatw as supposed to supply rank and file security staff ... it could almost be funny if it wasn't, well not sad but deeply worrysome

relax nevertheless
Armin


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