Photo Caption: Amy Goodman
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Amaia Engana didn't
wait to be evicted from her home. On Nov. 9, in the town of Barakaldo, a suburb
of Bilbao in Spain's Basque Country, officials from the local judiciary were on
their way to serve her eviction papers. Amaia stood on a chair and threw
herself out of her fifth-floor apartment window, dying instantly on impact on
the sidewalk below.
She was the second person in two weeks in Spain to commit
suicide as a result of an impending foreclosure action. Her suicide has added
gravity to this week's general strike radiating from the streets of Madrid
across all of Europe. As resistance to so-called austerity in Europe becomes
increasingly transnational and coordinated, President Barack Obama and the
House Republicans begin their debate to avert the "fiscal cliff." The
fight is over fair tax rates, budget priorities and whether we as a society
will sustain the social safety net built during the past 80 years.
The general strike
that swept across Europe Nov. 14 had its genesis in the deepening crisis in
Spain, Portugal and Greece. As a result of the global economic collapse in
2008, Spain is in a deep financial crisis. Unemployment has surpassed 25
percent, and among young people is estimated at 50 percent.
Large banks have
enjoyed bailouts while they enforce mortgages that an increasing number of
Spaniards are unable to meet, provoking increasing numbers of foreclosures and
attempted evictions. "Attempted" because, in response to the epidemic
of evictions in Spain, a direct-action movement has grown to prevent them. In
city after city, individuals and groups have networked, creating rapid-response
teams that flood the street outside a threatened apartment. When officials arrive
to deliver the eviction notice, they can't reach the building's main door, let
alone the apartment in question.
The general strike
across Europe ranged from mass rallies in Madrid, with participation from
members of Parliament, to protests in London, to outside the European
Commission headquarters in Brussels, to high atop the Leaning Tower of Pisa in
Italy, where protesters flew anti-austerity flags and banners.
In calling for
the first pan-national general strike in Europe in generations, the European
Trade Union Confederation hoped to express "strong opposition to the
austerity measures that are dragging Europe into economic stagnation, indeed
recession, as well as the continuing dismantling of the European social model.
These measures, far from re-establishing confidence, only serve to worsen
imbalances and foster injustice."
Back in the U.S., a
group from Occupy Wall Street, which itself was inspired in part by the Spanish
M-15 movement against austerity that began on May 15, 2011, has taken a creative
approach to the blight of debt that is afflicting millions. Calling itself
"Rolling Jubilee," after the ancient practice of forgiving all debts
every 50 years, the group is buying debt from lenders, for pennies on the
dollar, and canceling it.
This discounted debt market exists primarily because
collection agencies and "vulture capitalists" acquire bad loans that
people have stopped paying for 2 to 3 cents on a dollar, and still make a
profit by hounding people to pay back some or all of that debt. Rolling
Jubilee, according to its website, "believes people should not go into
debt for basic necessities like education, healthcare and housing. Rolling
Jubilee intervenes by buying debt, keeping it out of the hands of collectors,
and then abolishing it ... to help each other out and highlight how the
predatory debt system affects our families and communities. Think of it as a
bailout of the 99 percent by the 99 percent." To date, Rolling Jubilee has
raised $175,000, which it says will be used to abolish $3.5 million in debt.
The amount may be symbolic, but an important message to President Obama and House Republicans as they wrangle over the future of the U.S. tax rates, deficit reduction and how to fund so-called entitlements. Sarah Anderson of the Institute for Policy Studies prefers to call Social Security and Medicare "earned benefit programs, because these are programs that American workers are paying into over their lives, and they have a right to that money, to have these basic social programs that have made us a much stronger society with a stronger middle class." Anderson told me, "The approach to the debt should be to look at the ways that we could raise revenues through ... taxing financial transactions ... cutting fossil-fuel subsidies and using carbon taxes, and cutting military spending. That kind of combination could raise trillions of dollars over the next decade."
Amaia Engana must have felt she had no safety net in Spain, as she jumped to her death. As the movement for that strong social safety net grows around the world, and locally here at home, the mandate is clear: Austerity is not the answer. (c) 2012 Amy Goodman. Distributed by King Features Syndicate.
Denis Moynihan contributed research to this column.
Amy Goodman is the host of "Democracy Now!," a daily international TV/radio news hour airing on more than 1,000 stations in North America. She is the author of "Breaking the Sound Barrier," recently released in paperback and now a New York Times best-seller.
"The problem with socialism is that eventually you run out of other people's money." - Margaret Thatcher (former UK Prime Minister).
I know basic math is hard for some folks, like Goodman apparently, but you can't spend more than you make forever. Another name for austerity is reality, which is also in short supply in Progressive quarters.