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Mostrando las entradas etiquetadas como debt illegitimacy

COVID-19 Time for a Renewed Anti-Debt Movement

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Join us Friday, May 29th, for a renewed look at building a global anti-debt movement.  PLEASE REGISTER here , in order to receive the link to the meeting:

Jubilee South/Americas global call in the face of the Coronavirus Pandemia

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Llamamiento global Global Call: Immediate Suspension of Debt Payments and External Debt Cancellation!  Allocate these Funds to the Attention and Care of the Population! To face the health and food crisis compounded by coronavirus For over twenty years, Jubilee South/Americas has  been demanding the cancellation of our countries’ respective external debts. We have clearly demonstrated its illegitimacy through actions and arguments, showing how the very mechanisms of the debt are contrived to ensure that it will never be paid off, thus guaranteeing the subjugation of our peoples to financial slavery and political dependency at the hands of big imperial capital. It isn´t the peoples’ debt, which is why we affirm “We don´t owe, we won´t pay!” As peoples of the global South, we were not consulted about acquiring these debts. On the contrary, they are external factors that threaten our sovereignties; an example of which is the role that the World Bank and the Internat...

Appeal for Debt Cancellation

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Llamamiento por la Anulación de las Deudas Nora Cortiñas turns 90 on March 22nd. In the midst of the crisis that Argentina is experiencing, but looking at all of our America, the global South and the entire world, she has decided that the only gift she wants - nothing more and nothing less - is the cancellation of all the debts that are impoverishing, sickening, enslaving and killing so many people. Will you give us a hand? Together, we can spread the word about her request, add our support and send it to the governments, institutions and economic actors involved.  The text of the Appeal follows below, and you can add your signatures here: https://forms.gle/i9X6HpV3v6Gw69tK6 It is not so easy to mobilize at the moment, but we will soon be communicating date and time. Here in Argentina we continue to campaign for the Suspension of all payments and Investigation of the Debt; the demand for full ANNULMENT, or DEBT CANCELLATION, is complementary...  We shall overco...

Sovereignty and Vultures, Debt and the Commons

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  Sovereignty and Vultures, Debt and the Commons As 2014 ends, a year that some will remember as the “year of the vultures,” as a multi-sectoral Assembly which brings together a range of the country’s popular movements and organisations, we would like to share our thoughts and proposals so as to continue contributing to and encouraging the debate and mobilizations necessary to try to change existing policy. Indeed, Argentina’s public debt reappeared in public discourse in June this year, thanks to a series of investment funds, known as "vultures", and the inordinate decisions of the US judiciary in one of the many lawsuits brought against Argentina following the suspension of debt payments at the height of the crisis at the end of another year - in 2001. Homeland or Debt Our Assembly was  actually born in response to the inappropriately posed choice "Homeland or Vultures", because we consider that defending our homeland - our Sovereignty and H...

VULTURES NEVER AGAIN

Our country has received another setback in United States’ courts. The result could not have been different. It is the Argentine State itself that, from the time of the dictatorship until now, has been subjugating itself, tied hand and foot, to the conditions of transnational capital, giving up its sovereign rights, agreeing to be tried before the creditors’ tribunals, and arguing that its only option was to "honor" a debt that has been proven to be illegitimate and illegal. Alternatives exist, and that is why we call on Argentine authorities - the President, Cristina Fernández de Kirchner, the National Congress, the Judiciary - to carry out their responsibilities so as to not continue paying what we do not owe. This time, it was the U.S. Supreme Court that rejected Argentina's appeal that might have halted, at least until December, the effects of previous decisions. The cost for the Argentine people, in terms of health, education, employment, and othe...