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

[Armin Medosch <armin@easynet.co.uk>]

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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