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Economy

Tenant groups to hold October 1 home rule rally outside of Mayor Bloomberg's posh Upper East Side resident.

Met Council on Housing | WHAT: Rally for Home Rule over rent regulation
WHEN: Saturday October 1, 2005
TIME: 12-1:30PM
WHERE: 17 E. 79TH Street
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UN report on the ‘Third World’ in the U.S.

Fred Goldstein | At the very moment that the profound racism and class oppression in the U.S. has been highlighted by the disastrous toll on the poor, largely African-American population of the Gulf Coast, the United Nations has issued a report about racism and poverty affecting the U.S. health-care system. more...  0 Comments

Clinton Gives Republicans A Dose Of Their Own Medicine

Captain America | On the US budget, Clinton warned that the federal deficit may be coming untenable, driven by foreign wars, the post-hurricane recovery program and tax cuts that benefitted just the richest one percent of the US population, himself included.

"What Americans need to understand is that ... every single day of the year, our government goes into the market and borrows money from other countries to finance Iraq, Afghanistan, Katrina, and our tax cuts," he said.

"We have never done this before. Never in the history of our republic have we ever financed a conflict, military conflict, by borrowing money from somewhere else."

Clinton added: "We depend on Japan, China, the United Kingdom, Saudi Arabia, and Korea primarily to basically loan us money every day of the year to cover my tax cut and these conflicts and Katrina. I don't think it makes any sense."
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The Senate and the real John Roberts: Workers World editorial

Workers World | The hearings are being conducted by millionaires on the Senate Judiciary Committee, most of whom are lawyers and are about as far away from the workers and the oppressed as the moon. They allow Roberts to not answer questions. They let him plead in case after case involving his reactionary writings, arguments or rulings that he was just working for an administration or a client. This is equivalent to the argument that every low-level indicted war criminal makes: “I was just following orders.” more...  0 Comments

The Incompetent American (or, the "Ugly American" on Steroids)

populist | Although some level of incompetence in government is universally expected, it started accelerating towards its pinnacle in the US after the Supreme Court voted 5-4 to install Bush in the presidency. more...  0 Comments

Long Island: Protersters outnumber Minutemen

Heather Cottin | Anti-fascist organizations from New Jersey and from New York City came out to castigate the Legionnaires for inviting Minutemen founder Chris Simcox to Suffolk County. Simcox is organizing vigilantes to keep immigrants from crossing the border. more...  1 Comments

Voices from Louisiana—“We’re Way Past Angry”

RosaRL | Revolution correspondents in Louisiana submitted this report:

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Flugennock editorial cartoon: "169,000 new jobs!"

Mike Flugennock | At last, the economy's surging again! And, if you check out the actual breakdown yourself, you'll see that a pretty good chunk of them are rock-bottom-wage "service" jobs, not including the handful of "freelance" categories you see here -- including a newly-emerging job category showing a huge upswing at the end of the month. more...  0 Comments

From Keynesianism to Thatcherism

Jan Pieter Schutz | The analysis of whether aggregate economic problems are more on the supply- or the demand side and whether they are short-term or long-term precedes all state economic policy. At the beginning of the 1980s, two important macro-economic indicators already pointed to demand-side problems. more...  0 Comments

MTA Board Approves Atlantic Yards Sale to Ratner.

No Land Grab |

vanderbiltyards.jpgHere are snippets of today's coverage of the MTA Board decision and what comes next:

Asbury Park Press, Ratner clears one hurdle in moving Nets to Brooklyn [Read More]



Much more coverage at No Land Grab more...  2 Comments

Le Figaro: US May Be Headed Towards a Collapse

Le Figaro | Emmanuel Todd, the French historian/demographer who correctly predicted the fall of the Soviet Union, tells conservative Paris daily Le Figaro that the US's time may be up even sooner than he originally predicted in his book After the Empire. more...  4 Comments

Exploding Profits and Stagnant Wages

Fred Schmid | "Money for investments exists in excess in Germany. However investments declined 0.7% in 2004 despite record profits. Investments fell for the fourth year in a row and are 13 percent lower than the 2000 level.." more...  0 Comments

Indypendent Special Edition: Hurricane Katrina (PDF)

The Indypendent | Story budget to come, but in the meantime -- download the entire issue. more...  2 Comments

False Hopes: The Debate about Growth

Klaus Blessing | "Developed industrial countries do not need global economic growth but a better distribution of economic success and a palette of goods and services corresponding to the real needs of people.. the dependence of tax revenues and social spending on economic growth is a homemade fairytale.." more...  0 Comments

Building Bridges Radio: How Do We Get Movement in the Labor Movement?

Ken Nash and Mimi Rosenberg | Building Bridges: Your Community and Labor Reports presents this 28 minute
radio program. To Listen click on media link .



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The Gulf Coast Catastrophe - Racist Capitalism's "Perfect Storm"

League for the Revolutionary Party | The facts are undeniable. The Katrina disaster was a massive crime committed by the capitalist ruling class against the most vulnerable sections of the working class and poor. The following is based on the introduction to an article written for Proletarian Revolution magazine. The full article will soon appear in print and on our website. more...  0 Comments

Cartoon by Mike Flugennock: 'Katrina Marches on Washington, Sept.24'

Mike Flugennock | One more reason to go to Washington, DC on September 24 -- anti-imperialist and anti-authoritarian solidarity with the people of New Orleans and her sister city, Fallujah. more...  0 Comments

KATRINA: CANADA CAN DO MUCH MORE !

Jorge Torrealba, Director General, TEIC | THE ONLY OBSTACLE TO OUR CONTRIBUTION IS THE PRIME MINISTER OF CANADA. GOVERMENT EMAILS ARE POSTED IN THE HOPE THAT YOU, AMERICANS, CAN KNOCK SOME SENSE INTO RIGID MR. MARTIN. OTHER REQUESTS ARE MADE IN THE BEST INTEREST OF THE VICTIMS AT THE VERY END OF THIS ARTICLE. more...  0 Comments

Tri-State Commuters Adjusting to $3 Gas

Peak Oil NYC | While we will have to wait until the end of the month to see just how many commuters have switched over to MetroNorth and Long Island Railroad trains or private bus lines, reports are flooding in that there are many newcomers on the trains over the last 2 weeks since Katrina sent gas over the $3/gallon mark. more...  1 Comments

KATRINA TELLS THE TALE: Racism and Classism in Capitalist America

Kiilu Nyasha | Katrina has turned out to be the worst disaster in the recorded history of this nation. What’s most egregious is that it was predicted years earlier in books on climate change and the growing global warming crisis, as well as from local officials of the region who knew of the dangers and tried to get Federal assistance. more...  1 Comments

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