demandside | "This crisis is a crisis of deregulation. Deregulated market fundamentalism creates crises. This is a crisis of financialization. An ever-larger part of the economy has switched to financial speculation or gambling. Greed is systemic. Acting on basest instincts does not bring the common good." more... 0 Comments
Michael Moore | We can not let there be one set of rules for hard-working citizens and another set of rules for the elite why, when they screw up, are handed one more gift on a silver platter. No more! Not again! The rich must pay for their own bailout. more... 1 Comments
ditto | If not, then show up at the crime scene and tell em so. Bring noisemakers, pots and pans, posters, banners, signs, puppets -- the works. Make some noise. And don't forget to bring last night's household trash, suitably bagged for disposal.
Seven Star Hand | Be patient and read what I have been saying for insights into another way to manage this civilization, without money and without evil cabals running this world. more... 0 Comments
Lara DeLuz | The United Corporations of America more... 0 Comments
Thomas Riggins | The real problems in the economy go unaddressed as Democrats cave in to Bush and the Republicans. more... 0 Comments
Weekly News Update on the Americas | Chávez had remarked on Sept. 21 that the "financial collapse of global capitalism" was affecting those countries "that are strongly hitched up to the US economy. We've started to unhitch ourselves." He added: "This doesn't mean we're invulnerable, because this is about the toppling of a giant."
Spiegel staff | The banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. Still, this is no time to gloat.
RAN | Activists Scale Flagpole Behind Iconic Merrill Lynch Bull, Raise 150-Square Foot American Flag with ‘Foreclosed?’ Stamped Over It
Mischa Suter and Gerhard Klas | The state should not be a trough for the super-wealthy, based on double standards and intimidation.Representatives representing money and not the people are marionettes of a corrupt campaign financing system. The world must be changed if it is to survive. Call Congress 1-800-270-0309 more... 0 Comments
Jorg Huffschmid | Financial markets are described here as instruments of private actors enforcing their own business interests on state institutions, not anonymous zones of self-regulation.. Structural deficits cause the crises, e.g. massive liquidity withheld from consumers. more... 0 Comments
Joshua Holland | As foreign policy analyst Mark Engler notes in his new book How to Rule the World, declining returns on traditional investments in manufacturing and industry since the 1970s go a long way toward explaining today's hioghly speculative economy. more... 0 Comments
Bill Gallagher Hachita NM | its all becoming quite clear, innit? the jew-for-jesus vp, the mormon endorsement, the legalized surveillance police state (Tax enforcement), and rich zionists all behind the mccain/palin ticket...war 4ever, and you are going to pay for it, whether you like it or not...squawk, and the economy crashes and you will get 30 hurricanes on your head....
RALPH | THE ROMAN POPE HAS ORDERED HIS BISHOPS TO STRIKE AT AMERICA IN HER MOMENT OF FINANCIAL CRISIS CAUSED BY SANFRAN NAN PELOSI!!!!!!!: more... 0 Comments
jamie | See it at www.democracynow.org. We need to stop this man and the "bailout" for the reckless rich he hopes to attach us to for generations.
Mumia Abu-Jamal | Earlier this year, American financier George Soros announced, shortly after the failure of the economic talks at Davos, Switzerland, that the U.S. economy has reached a new stage marking an end of the era. "The current crisis is not only the bust that follows the housing boom", Soros explained, adding, "It's basically the end of a 60-year period of continuing credit expansion based on the dollar as the reserve currency." more... 0 Comments
Authors, The Politics of Immigration | The 670-mile physical fence on the 2,000-mile border with Mexico could cost as much as $46.9 billion by 2030, and that's not including the still nonexistent Boeing "virtual fence." more... 0 Comments
EMichaelson | Transcript of address from Rep. Marcy Kaptur, D-OH
Internationalist Group | The financial crisis that has been heating up since early 2007 reached the boiling point in late September. Credit markets virtually stopped functioning. A full-blown panic swept stock markets worldwide. The U.S. economy is in the throes of a recession that could turn into a Depression lasting for years. In these dire straits, the Wall Street speculators who set off this crisis are demanding that the government rescue them with a bailout priced at $700 billion. The actual costs will be far higher, a trillion dollars or more. Meanwhile, the Democrats are pushing hardest for the Bush bailout of the banks. Presidential candidate Barack Obama blames "greed" for the crisis on Wall Street (capitalism without greed?) and says there must be no "blank check to Washington" -- meaning he's for putting in a few conditions as window dressing. Following in the Democrats' footsteps, the AFL-CIO labor bureaucrats called a demo for "No Blank Check for Wall Street." Yet no amount of regulation will stop the boom-bust cycle of capitalism. Meanwhile unemployment lines are growing and a million families were thrown out of their homes by bank foreclosures in the last year. While the fat cats, Democrats and bureaucrats are all going for the Bush bailout to prop up U.S. capitalism, revolutionary Marxists oppose this trillion-dollar giveaway to the Wall Street speculators, calling instead for a program of transitional demands leading to the expropriation of the banks and the entire bourgeoisie through workers revolution. more... 1 CommentsPage 90 | Page 88
Notice: This is a beta site. Limited features only until upgrade is complete. more...
(c) Independent Media Center. All content is free for reprint and rebroadcast, on the net and elsewhere, for non-commercial use, unless otherwise noted by author. IMC not for content (expand this). more...
imc-nyc at lists.indymedia.org |