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View Full Version : This guy took out a gigantic loan to destroy the financial system



dez
4th April 2013, 02:27
http://www.vice.com/read/spains-robin-hood-prefers


In 2008, anticapitalist campaigner Enric Durán borrowed €492,000 ($642,306) from 39 different financial entities with absolutely no hope or intention of paying it back. But—as you might expect from an anti-capitalist campaigner—he didn't spend it all on diamond kitchen knives and luxury frisbees. Instead, he ploughed it into a number of unspecified anti-capitalist causes and spent the rest on Crisi, a free newspaper that detailed how he'd done what he did and urged others to do the same.

That display of reckless Robin Hoodery turned him into a hero overnight, but the one problem with becoming a hero through questionably legal means is that, for whatever reason, the police feel like they have to go and lock you up for it. Enric spent two months in jail in 2011 and was released pending trial, which was set for earlier this month. His minimum sentence would be eight years, which might explain why he refused to attend the first trial dates, prompting a warrant to be put out for his arrest.

I’ve been trying to interview Enric for a couple of years now, but—as the 14 financial entities currently trying to send him to jail for embezzlement can attest—he’s kind of a tough guy to get a hold of. After countless emails, we eventually set up a Skype date. That too got pushed back by three hours, but I guess when you're trying to implement a complete overthrow of the capitalist system you don't see time in quite the same way as everyone else. When we eventually got to chatting, we spoke about fucking the banks, his theory of civil disobedience, and his latest project: the creation of a completely autonomous town on the outskirts of Barcelona.

Q
4th April 2013, 02:34
It has got to be said: Rich boys on Wall Street, losing billions of money that was never their, walk for free. The little man has to serve 8 years... I guess the system took the threat serious that others were to copy this and set an example.

But his ideas on civil disobedience are certainly interesting and, if carried out in a wider and more disciplined manner, such as by an underground party apparatus, could actually be a useful tactic in certain situations.

Althusser
4th April 2013, 02:38
You really need to flee after doing something like that. He should've met up with Assata.

Prof. Oblivion
5th April 2013, 04:17
It has got to be said: Rich boys on Wall Street, losing billions of money that was never their, walk for free. The little man has to serve 8 years... I guess the system took the threat serious that others were to copy this and set an example.

But his ideas on civil disobedience are certainly interesting and, if carried out in a wider and more disciplined manner, such as by an underground party apparatus, could actually be a useful tactic in certain situations.

$500,000 is nothing compared to the amount of capital these banks throw around. What was the purpose? Just a symbolic act? Everyone already knows that if you do this you go to jail and your credit score becomes so bad you can never borrow again. So I'm not really sure why he thought this was a good idea.

Q
5th April 2013, 04:38
$500,000 is nothing compared to the amount of capital these banks throw around. What was the purpose? Just a symbolic act? Everyone already knows that if you do this you go to jail and your credit score becomes so bad you can never borrow again. So I'm not really sure why he thought this was a good idea.

Yeah, this lone act was a pretty bad idea. But I was talking about a tactic that a party-movement could employ: If 100 000 people do this kind of thing, it ought to have an impact, especially at certain junctions in economic development.

Charles Marxley
5th April 2013, 04:40
Absolutely, Q. If this sort of thing was done on a bigger level, with more precautions taken to avoid being apprehended, it could cause serious damage to the system.

Q
5th April 2013, 04:41
Absolutely, Q. If this sort of thing was done on a bigger level, with more precautions taken to avoid being apprehended, it could cause serious damage to the system.

How would the system apprehend 100 000 people? It would take them years ;)

Prof. Oblivion
5th April 2013, 05:03
I doubt most people could get a loan this big, especially now. I have an exceptional credit score and I could - excluding asset-based loans like a mortgage - probably not get this much money. This would never really be a valid tactic for even a party of 100,000 people with perfect credit. ;)

dez
5th April 2013, 05:43
I doubt most people could get a loan this big, especially now. I have an exceptional credit score and I could - excluding asset-based loans like a mortgage - probably not get this much money. This would never really be a valid tactic for even a party of 100,000 people with perfect credit. ;)

He took various loans under 6000 euro to get to that amount.

RebelDog
5th April 2013, 06:39
It has got to be said: Rich boys on Wall Street, losing billions of money that was never their, walk for free. The little man has to serve 8 years... I guess the system took the threat serious that others were to copy this and set an example.Its all about who the crime is commited against. This was against powerful institutions/people so he has to be punished. Bernie Madoff got 150 years!