The continuing riots in London and eleswhere in Britain is a response to the poverty, unemploymeny and anger at the authorities, the government and chiefly the police. The spark was the shooting of a young man. The youths have had enough and they have nothing to lose. The prospect of prison, if caught, weigh very little with them as their despair and helplessness in the face of government cut backs, which has the greatest negative effects on them, leave them with very little...no jobs, no prospects and little hope for a better future, from to them, a racist system
The government bailout the banks and businesses and they, the poor are the ones who pay the price. This is a cry for help and while the police have to crack down, this is seen as further proof of a system and a government that cares more for the bottom line than for the people.
There is a warnig here for France, Italy and other Euro zone nations as they also have to tighten their economic belt with austerity measures, that will hit the poor greatly. The middle class is quickly vanishing as more and more are laid off and unempolyment soars. Those with jobs have to take pay cuts and pay more taxes, while banks and businesses make a bundle. Lately the Euro Bank has decided to buy Italian and Spanish bonds, which has seen a slight drop in interest rates. High interests affect all. Money is hard to get and especially for small and mid-size businessess, who cannot afford to borrow and thus do not hire, and are even cutting back on employees.
As the middle class grows smaller and smaller, and the poor grows bigger and bigger, the buffer between the wealthy and the poor vanishes and inevitably tension rises and the explosion is waiting to happen.
The poor fight amongst themselves for the crumbs. They look for scapegoats. The colored immigrant and religious minorityies become easy targets for rabble-rousers and all hell will break loose
The government bailout the banks and businesses and they, the poor are the ones who pay the price. This is a cry for help and while the police have to crack down, this is seen as further proof of a system and a government that cares more for the bottom line than for the people.
There is a warnig here for France, Italy and other Euro zone nations as they also have to tighten their economic belt with austerity measures, that will hit the poor greatly. The middle class is quickly vanishing as more and more are laid off and unempolyment soars. Those with jobs have to take pay cuts and pay more taxes, while banks and businesses make a bundle. Lately the Euro Bank has decided to buy Italian and Spanish bonds, which has seen a slight drop in interest rates. High interests affect all. Money is hard to get and especially for small and mid-size businessess, who cannot afford to borrow and thus do not hire, and are even cutting back on employees.
As the middle class grows smaller and smaller, and the poor grows bigger and bigger, the buffer between the wealthy and the poor vanishes and inevitably tension rises and the explosion is waiting to happen.
The poor fight amongst themselves for the crumbs. They look for scapegoats. The colored immigrant and religious minorityies become easy targets for rabble-rousers and all hell will break loose
