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Newswire Articles
Review :: Globalization
Political Economy of the Financial Markets
30 Sep 2008
Financial markets are not described here as anonymous zones of self-regulation but as instruments of private actors enforcing their own buisness interests on state institutions. Structural deficits cause the crises, e.g. massive liquidity withheld from consumers.
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News :: International
You won't believe where that $700-billion bailout figure came from
29 Sep 2008
"It's not based on any particular data point," a Treasury spokeswoman told Tuesday. "We just wanted to choose a really large number."
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Commentary :: Globalization
Dollar is over, says Carlos Lessa
29 Sep 2008
To Lessa, "dollar is over" and it’s necessary that a new "Bretton Woods" establishes new parameters to global economy
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Announcement :: War and Militarism
US Army Lies To Our Young men, On Behalf of fbi/cia Assassins
29 Sep 2008
The fbi/cia are in part responsible for the loss of American soldiers killed in battle around the world (this is a matter of public record, as shown in part in the Iraq conflict).The US Army, in order to continue the fbi/cia murderous agenda, targets the most vulnerable segment of our population for recruitment as 'citizen soldiers'.
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News :: Politics
29 Sep 2008
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News :: War and Militarism
$612 billion defense bill passed in midst of $700 billion Wall Street bail out
29 Sep 2008
On Wednesday, September 24, right in the middle of the fight over billions of taxpayer dollars slated to bail out Wall Street, the House of Representatives passed a $612 billion defense authorization bill for 2009 without a murmur of public protest or any meaningful press comment at all. (The New York Times gave the matter only three short paragraphs buried in a story about another appropriations measure.)
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News :: Globalization : Labor : Organizing : Politics : Social Welfare
No to Bush-Pelosi Bailout of Wall Street Greed! Time for People's Action and Real Change!
29 Sep 2008
The Bush-Pelosi proposed law bailing out Wall Street capitalist greed and hyper-profit,will hit the American poor and middle class even harder, and prolong the crisis. Time to stop the bill! Time to change Wall Street-coddling politicians! Time to go into the streets and make the people's voice heard!
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News :: International
Cumbre del Narcotráfico Paraguay-Colombia
28 Sep 2008
El clérigo-presidente de Paraguay, Fernando Lugo, llegará a Bogotá este domingo 28 de setiembre de 2008 para una visita de dos días en la que se entrevistará con su homólogo de Colombia, Álvaro Uribe, con quien revisará el intercambio bilateral, que ya es bastante fluido en el rubro de las drogas
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News :: War and Militarism
WTF? Martial Law
28 Sep 2008
Two congress persons are making it clear that Martial Law has been declared.
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Commentary :: International : Labor : Organizing : Politics : Social Welfare : War and Militarism
No to the Bailout of the Capitalist Speculators!
28 Sep 2008
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.
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