Wall Street plunders Detroit while pensioners take blame (tags)
In North America, Detroit fulfills the same function as Greece does for Europe: A scapegoat. Larger economic and social forces, disinvestment and financial industry legerdemain are the major factors in Detroit’s financial struggles.
Austerity Policy Leads to Low Economic Growth, 43pp (tags)
This IMF Working Paper published on January 31, 2013 was co-authored by the chief IMF economist Olivier Blanchard. The IMF erred in its fiscal multiplier in estimating the effects of state spending cuts in deficit countries. The paper was greeted by silence in Germany and the US.
A ‘mixed’ economy brought down Sandinistas; same danger exists for Venezuela (tags)
The question of who owns, controls and/or manages production and distribution is what will be decisive. Venezuela’s economy remains mostly in the hands of capitalists, and that represents a threat to the Bolivarian Revolution.
Tingout: the new news stream social media for citizen journalism (tags)
Tingout is an internet platform created to givecreated to give more visibility to independent information
Austerity has never worked (tags)
It’s not just about the current economic environment. History shows that slashing budgets always leads to recession [...]
The Way Forward for Occupy Portland (tags)
In Portland, Oregon, all the promise and pitfalls of the Occupy Movement are on public display. Portland is second only to New York when it comes to sustained Occupy power, but in a newly born social movement strength is not something to take for granted. The vast amounts of public support in Portland, earned through large demonstrations and strategic outreach, can be frittered away by the internal contradictions of the movement.
MILITARY BUREAUCRACY AND SOCIETY (tags)
Americans believe that they are in the top, but they are already falling under the weight of his war machine.
CHINESE, EUROPEANS AND AMERICAN LEAD THE LISTA OF THE MORE PROTECTIONISTS (tags)
The "open economy" of the richest is closed.
End the Fed? Or End the Market Economy? (tags)
When Republican Congressman Ron Paul recently introduced legislation to audit the Federal Reserve, diverse sections of the political spectrum applauded. And rightfully so. The Fed’s role in the still-developing bank bailouts is one of utter secrecy; the total cost of which — as estimated by the bailout’s Special Inspector General, Neil Barofsky — could cost taxpayers $23.7 trillion. The fact that legislation needed to be introduced to raise the question of the whereabouts of these funds points to a larger breakdown in U.S. democracy.
Critical Mass (Bike Ride) Against War in Santa Barbara! (tags)
Hundreds of students and community members took to the streets on M17 against the war.
Caring for the Wounded in Iraq — A Photo Essay (tags)
A series of photographs by Drs. George E. Peoples, James R. Jezior, and Craig D. Shriver, portrays a medical care team in Iraq and the injuries confronted.
El Libertario / Venezuela: 9 years, 40 editions (tags)
* The Comisión de Relaciones Anarquistas (CRA) of Venezuela is happy to announce the upcoming (early November) release of issue # 40 of our publication El Libertario, celebrating the 9th anniversary of the CRA and our newspaper.
National Security or Skin Cancer? (tags)
The US military is one of largest users worldwide of CFCs. They have exempted themselves from the worldwide ban. Must be something about national security...
Pro-Active vs. Reactionary (tags)
When mainstream media misses the point
The Night The War Began (tags)
Several hundred people gathered in Westwood at the Federal Building Wednesday afternoon and evening in expectation of the massacre of Iraq beginning at the end of Bush's 48 hour ultimatum.
No Logo: A Conversation with Naomi Klein (tags)
Naomi Klein is the author of No Logo: Taking Aim at the Brand Bullies. I spoke briefly with Naomi in Los Angeles before a panel at the Shadow Convention entitled Money Culture. Among other things, in this interview, she talks about the growth of the anti-corporate movement, some of the themes from her book No Logo, as well as briefly taking on what connections need to be made in order that the coalitions coming together around these larger events can become something larger than the sum of their parts.