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Written by John Peterson
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Friday, 30 January 2009 |
"Bloody Monday" ran the headlines, as jobs continue to hemorrhage from the U.S. economy with no end in sight. Since Monday, even more companies have announced layoffs. The list of companies laying off workers is a "who's who" of corporate America: 20,000 from Caterpillar, 10,000 from Boeing, 8,000 from Pfizer, 8,000 from Sprint Nextel, 7,000 from Home Depot, 6,700 from Starbucks, 6,000 from Intel, 5,000 from Microsoft, 5,000 from Schlumberger, 2,000 more from General Motors, 1,200 more from Ford, S1,000 more from United Airlines, 700 from AOL, 600 from Target, 350 from Brooks Automation, and on and on. |
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Written by John Peterson
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Friday, 23 January 2009 |
American workers are faced with an economic and social crisis on a scale not seen in decades. One after another, the pillars of American capitalism are crumbling around them: all the major banks and financial services companies; all the major auto makers; the dream of home ownership and a secure retirement; the aura of invincibility of U.S. military might; the promise of a tomorrow better than today. In short, the bedrock upon which U.S. capitalism has justified its continued exploitative existence has turned to quicksand. This is the backdrop for Obama's inaugural speech. |
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Written by Dan Morley
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Friday, 23 January 2009 |
This article reviews the TV series, The Wire and points out how well the series does to depict a capitalist society in decay. |
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Written by Socialist Appeal
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Thursday, 22 January 2009 |
With both the Democrats and the Republicans being unable to solve problems workers face due to their organic connections with the interests of big corporations, the state of the economy is causing millions of people for an alternative to the status quo. In the city of St. Louis, Elston K. McCowan, a long time union organizer and SEIU member, is running for mayor and offers an alternative at the polls. |
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Written by Karl Belin
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Tuesday, 20 January 2009 |
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The occupation of the New School in New York City will go down as one of the most important developments of 2008. By the final act, over 150 students were involved in the victorious show of force, having won some of the most important demands placed on the University bigwigs. |
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Written by Socialist Appeal
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Monday, 19 January 2009 |
On Martin Luther King, Jr. Day, millions of Americans will be marching to honor the life and contributions of the great civil rights leader. This is a good time to ask ourselves how far we have come, how far we still have to go, and how do we get there. Print out this new flyer from the Workers International League and Socialist Appeal and distribute it widely. |
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Written by Socialist Appeal
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Sunday, 18 January 2009 |
As the economic crisis continues, the U.S. auto industry has been hit especially hard. Already teetering on the edge of bankruptcy due to mismanagement, the “Big Three” are losing millions of dollars each month. Over the holidays, the Treasury Dept. approved a $17.4 billion emergency loan for GM and Chrysler, both of which are facing a steep fall in sales and bankruptcy. GM’s finance arm, GMAC, was recently given $5 million more in public funding. However, for the Big Business representatives in Congress and the White House, this bailout comes with strings attached: at auto workers’ expense. |
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Written by Josh Lucker
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Thursday, 15 January 2009 |
Even before taking office, we can draw certain conclusions as to the sort of administration we can expect from Obama, based on his cabinet selections. Barack Obama was elected on the promise of “change.” Socialist Appeal has explained that this is nothing more than an empty vessel that honest supporters have used to fill with their own content, with what they want to see in him. Now a concrete picture of what can be expected is emerging. So do any of his cabinet selections actually represent anything that could seriously be called “change”? |
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Written by Graeme Anfinson
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Wednesday, 14 January 2009 |
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Sometimes the business press gives us a breath of fresh air. Less than a week after Obama’s electoral win, and when “change” was still the battle cry of many of his supporters, the Wall Street Journal ran a piece entitled “Obama builds ties to Chicago School.”
As many are no doubt aware, the “Chicago School” refers to the notorious Chicago School of Economics, a school, or perhaps more accurately a school of thought, known for touting free markets, so-called “free trade,” and for being fiercely opposed to any democratic oversight of market activities. |
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Written by Socialist Appeal
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Tuesday, 13 January 2009 |
With the current economic crisis, working people are looking for an alternative to the policies of the twin parties of big business, the Democrats and Republicans. This is even more the case in St. Louis, with the racially divisive and anti-worker policies of the Slay Administration. That is why Socialist Appeal and the Workers International League are supporting the campaign of Elston K. McCowan for Mayor of the city of St. Louis. You can view the flyer here. |
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