Obama Throws Billions More to the Banks

[by Andrew Pollack]On Feb. 10, Treasury Secretary Timothy Geithner broadly outlined the Obama administration’s rescue package for U.S. banks. He said that the new program would require collecting as much as $2 trillion from the Treasury, the Federal Reserve, and private investors.Geithner acknowledged that people in the United States have “lost faith” in financial institutions … Continue reading Obama Throws Billions More to the Banks

Worldwide Movement in Support of Gaza Surges

What Next for the Movement?[by Andy Pollack]The moment news broke on December 27th of the Israeli attack on Gaza, activists around the world began planning emergency demonstrations, and protests have occurred every day since then.In New York, for instance, as activists woke up Saturday morning to news of the aggression, furious phoning and emailing began … Continue reading Worldwide Movement in Support of Gaza Surges

Chicago Factory Occupation Leads To Inspiring Victory

[by Andrew Pollack]The stunning victory at the Republic Windows factory shows that even in the midst of an ever-worsening depression, success is possible when workers are willing to do whatever it takes. During their six-day occupation of the plant, sitdowners repeatedly told the media that they were doing it for workers facing the same problems … Continue reading Chicago Factory Occupation Leads To Inspiring Victory

Obama’s Victory: A socialist perspective

[a Socialist Action editorial]Barack Obama, a Black man, has been elected President of the United States. Few, if any, thought his victory was even a remote possibility in racist America when capitalism’s two-party multi-billion dollar electoral charade began twenty-one months ago.When Obama’s win was projected early on as a certainty by television stations across the … Continue reading Obama’s Victory: A socialist perspective

Chain-Mail Letters

[by Joe Auciello]Recently an elderly woman at a John McCain rally told the Republican nominee, “I don’t trust Obama. I read that he’s an Arab...” At this point, no doubt fearing a public relations disaster, McCain took the microphone and told her no, she was wrong. Of course, she was wrong -- several times over. … Continue reading Chain-Mail Letters

Behind the Wall Street Bailout: Workers Need An Action Program to Confront the Crisis

[by Andy Pollack]In September the Federal government effectively took over, in order to protect the bosses’ profits, the two biggest mortgage holders and the biggest insurer in the country, and proposed to give bankers $700 billion to rescue the industry as a whole, a sum to be overseen by the dictates of the Treasury Secretary.The … Continue reading Behind the Wall Street Bailout: Workers Need An Action Program to Confront the Crisis

Obama’s Support for Wall Street Bailout & Other Attacks on Workers

[by Andy Pollack]The AFL-CIO, Change to Win, and virtually every individual union in the country is supporting Barack Obama for President. Yet as we’ll show below, he’s just another pro-corporate, pro-ruling class politician.First, a word about McCain’s economic platform, whose pro-corporate, pro-ruling class planks are so obvious that they need little exposure (it’s the job … Continue reading Obama’s Support for Wall Street Bailout & Other Attacks on Workers

Untangling the Election Madness: A Reply to Howard Zinn

Howard Zinn, in his column for “The Progressive” (March 2008), has written a political analysis that deplores the current “election frenzy.” In its place he offers a guide to action based on the understanding that presidential elections, in and of themselves, do very little to solve social problems. Unfortunately, his overall argument is flawed by … Continue reading Untangling the Election Madness: A Reply to Howard Zinn

The First Casualty

by Joe AucielloA good way to discover the truth is to compare the mis-truths and lies. Recently, the likely Republican presidential nominee, Senator John McCain, let slip a prediction that the American military would remain in Iraq “for a hundred years.”The Democratic candidates and their supporters gleefully pounced on this unusually candid remark to prove … Continue reading The First Casualty

I Didn’t Support Democrats in ’68 and I Won’t in ’08

by Carl FinamoreSenators Barack Obama and Hillary Clinton are attracting thousands to their rallies and setting records for voter turnouts in the Democratic Party primaries. Reports abound that millions are infused with hope and optimism.This 2008 election reminds me of my generation of radicalizing youth being courted in 1968 by Democratic Party "peace and reform" … Continue reading I Didn’t Support Democrats in ’68 and I Won’t in ’08