Committee for the Abolition of Illegitimate Debt

Naturally, banks have not much to say about this. And for good reason, given the gigantic amounts mentioned by several sources. In Belgium alone, tax evasion – that specifically perpetrated by banks – constitutes a deficit between 10 and 20 billion euros for the State’s income and the funding of public services.

Even a brief comparison between these – at least – 10 billion and the 250 million and something that it is about to recover from butchering more than 35000 unemployed, leaves no doubt on its priorities.

When banks take the piss out of us, Government says it’s raining, while blaming it on the gluttony of the people, who would allegedly have emptied its coffins. Result: the government cuts on public expenditure while keeping on saving the banks. Even a brief comparison between these – at least – 10 billion and the 250 million and something that it is about to recover from butchering more than 35000 unemployed, leaves no doubt on its priorities.

In Belgium as elsewhere, the State has been up to date bank scheming for years, doing nothing to counteract it. It is crucial that the population takes it upon itself to do something about it. «We’re gonna come back for the rest, Kiss », states a banner left on the place of the action…

A sign of true generosity, the militants offered the bank direction some readings on the topic of confiscation of democracy by the finance by handling them the books, Bancocracy, The black book of banks, Banks that pillage, banks that cry… They then left with furniture to restore their loot to the population. The furniture were placed in the public space, with a banner stating: «This is not a chair, but a call to reappropriation».

This action wants to echo a similar one that took place last Thursday within a HSBC office in Bayonne, conducted by the association Bizi. If the 180,6 billion in evaded taxes by HSBC revealed by the Swissleaks affair, jump to the top of the newsfeeds today, they actually constitute only the tip of the iceberg. Any big bank plays the same game. Today’s target, BNP Paribas, apparently does nothing less, looking at their 214 offices disseminated in fiscal heavens.

If the 180,6 billion in evaded taxes by HSBC revealed by the Swissleaks affair, jump to the top of the newsfeeds today, they actually constitute only the tip of the iceberg.

It is no one secret that every bank has some investments and practices that can only be considered outrageous and toxic on a social, ecological, and financial level. Their role should be financing projects necessary for the society, not enriching their own stakeholder. This is why it is imperative to revoke these white collar criminals their banking license, to socialize the banking sector (by placing it under the control of their workers and customers), and to cancel the debt they themselves generated.

There is no doubt that the banks have excellent means of sharing information and practices, when it comes to gamble, hide and steal… But no panic, we are learning the lesson. From Bayonne to Brussels, from Athens to the City, from Madrid to Berlin: banks should safeguard their furniture…

Sincerely yours,

“Who Steals Who” Collective

Source of video: http://www.zintv.org/Action-BNP-Paribas-Evasion-Fiscale