By Daniel Serge

In the early hours of May 18, a branch of the Royal Bank of Canada went up in flames. We know this because a previously unidentified group, calling itself FFFC – Ottawa, posted a video of the incident to indymedia.org, the radical web portal. RBC was the target for “stealing native land” during the 2010 Winter Olympics. FFFC promised to attend the upcoming G20 protests in Toronto.

A statement for May Day 2010 from the editors of the New Socialist webzine.

Attachments:

NS May Day 2010 Flyer.pdf

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By David Camfield and Daniel Serge

Deficits are the difference between what governments spend and what they take in. Governments often claim deficits are the fault of social spending that's too high. But in fact deficits always grow when capitalist economic activity slows down or contracts because tax revenue falls while state spending rises.