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Statement by ATTAC Poland

Oświadczenie przygotowane na międzynarodowe spotkanie Attac, które odbywa się na wyspie Jersey, w dniach 12-13 marca 2009. Niebawem opublikujemy polską wersję oraz więcej informacji o tym ważnym wydarzeniu.


Statement by ATTAC Poland

The “struggle with the financial crisis” is being dictated by its perpetrators

Almost six months have passed since the financial crisis made the governments of many nations promise they were taking measures to combat it. So far, however, these have been limited to bailouts for the banking sector - with all of society paying the price. The gigantic sums being fed into that sector are not bringing any improvement for the situation. It is impossible to even know what is happening with the money. These unprecedented transfers have not improved the condition of the real economy in any way, because it is not a lack of money that is the cause of the crisis - it is the lack of information and democratic control over the capital market and speculation therein.

We need very real countermeasures to the consequences of irresponsible creation of “empty” money by the investment banking sector - especially such parts of it as hedge funds, whose use of derivatives has greatly contributed to destabilizing the world economy.

An elementary condition for stability to return is the immediate abolition of tax havens and offshore financial centers, as well as publicizing the operations of companies registered there in recent years. We also consider it extremely urgent to take measures to stop the constant speculation on currency values, and the most effective way to do this would certainly be to implement the Tobin Tax as soon as possible.

We hold that only universal social pressure can force politicians to undertake those actions, because so far they have done nothing to stop the gambling in the casino of global finance - instead only increasing the number of chips available as the stake.

7th March 2009


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