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The $700 Billion Bailout Plan’s Fine Print
Treasury Sec. Hank Paulson’s $700 billion bailout plan now has a name: the Troubled Asset Relief Program, or TARP. But even as Capitol Hill debates TARP, few seem to have noticed the proposal item that puts taxpayers on the hook for future bailouts. It’s in Section 6, and the key phrase is this: “The […]
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Iran, Israel, and the Looming Threat of War
Friends, Enemies, and “Existential” Threats In the ceaseless and invariably bellicose calls for war (both open and clandestine) against Iran, perhaps one argument invoked by pro-war pundits and politicians stands out and takes pride of place above all others: Iran, it is claimed, “poses an existential threat to the state of Israel.” It’s certainly been […]
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Obama Shares Bush’s Goals
Barack Obama, the Democratic presidential candidate, has adopted the rhetoric of change which has captured the imagination of many Americans and non-Americans around the world. But when it comes to the foreign policy, there are enough reasons to remain sceptical. Will he adopt a foreign policy with objectives which differ from those of George Bush, […]
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The Financial Crisis: A View from the Left
Faced with the failure of the financial sector and the possible collapse of the economic system, Republicans and Democrats are working together feverishly to come up with a plan and find the funds to save the American financial system. The Congress that has been unable to provide adequate funding to health, education, housing, public transportation, […]
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A Turning Point for the Global Economic System
The financial sector meltdown spelt an opportunity for the system to reinvent itself. Will the financial sector meltdown in the developed economies lead to a rethink about the path the global economy has traversed in the last few decades? Simply put, will it curb the primacy of finance, will it rein in the penchant […]
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Crisis of Capitalism and the Left
A new crisis of capitalism, in the style of 1929. The theories of casino capitalism are confirmed. The US government contradicts itself again and heavily intervenes, demonstrating that its confidence in the market isn’t as great as its propaganda displayed. Neoliberal capitalism spills its guts, and the theories of the Left — Keynesian or anti-capitalist […]
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Luis Bilbao: For the United States, the Key Is Bolivia
If the United States manages to unleash a civil war in Bolivia, the plan is to extend it throughout the region and to resort to massive and extensive use of violence to regain ground, said Luis Bilbao, director of Revista América XXI, in an interview with Ernesto Villegas (via satellite) for the VTV program “Mediodías […]
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The New World Geopolitical Order: End of Act I
It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia. It marks the definitive end of Act I of the new world geopolitical order. What was decided? The […]
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Dealing with Iran’s Not-So-Irrational Leadership
Nothing expresses the widening gap between the mind frames of the Iranian ruling elite and their Western counterparts more than the headlines in their respective newspapers. The American media, above all, have unilaterally resolved the intelligence questions over Iran’s nuclear program. The New York Times leads the pack with articles and even editorials that […]
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Candlelight Vigil in Tehran on September 21st, International Day of Peace
The Tehran Peace Museum and the Society for Chemical Weapons Victims Support (SCWVS) are planning a candlelight vigil at 19:00 local time (10:30 EST) on September 21 to commemorate the UN-designated International Day of Peace. The organized event is a historic first in Iran, where tensions with the United States are causing serious anxiety. On […]
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In Support of Cuba
Our country is facing a dramatic situation. We have suffered the wrath of two powerful hurricanes, Gustav and Ike, in just eight days. These natural disasters have seriously affected food production and essential sectors of the economy throughout the country. Although very few human lives were lost, a massive amount of houses, schools and […]
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The Machine Gun and the Meeting Table: Bolivian Crisis in a New South America
On Monday, September 15, Bolivian President Evo Morales arrived in Santiago, Chile for an emergency meeting of Latin American leaders that convened to seek a resolution to the recent conflict in Bolivia. Upon his arrival, Morales said, “I have come here to explain to the presidents of South America the civic coup d’etat by Governors […]
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Pakistan Invades America — “Without Permission”
The U.S. State Department lodged a sharp protest over ongoing Pakistani missile strikes and ground raids today, saying the Islamic Republic was violating American sovereignty. “We will try to convince Pakistan . . . to respect [the] sovereignty of the United States — and God willing, we will convince,” State Department Spokesman Sean McCormack told […]
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A Guantanomized Age: The Long Interrogation
Stark images of spectral men — their appearance in bright orange jumpsuits belied by legal invisibility — have been seared into the minds of many Muslims as an index of America’s anger. But, for American Muslims, abuse and disappearance of detainees are not the defining features of the “war on terror.” Eyed by the national […]
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NATO Weapons for Georgia
According to a report by the Russian newspaper Kommersant on Thursday, a group of NATO experts arrived in Georgia. The group will estimate the military needs of the country after its attack on South Ossetia and war against Russia. The activities of this working group will be kept secret. However, its presence and basic task […]
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The Current Situation of the United States Economy
A Briefing to the Vietnamese Central Committee Delegation, September 11, 2008 The economic situation of the United States today is widely understood to be the most serious since the Great Depression of the 1930s, and not only for this country. So far the actions by the government have been inadequate, late, and do not address […]
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Women of Venezuela’s PSUV
Canadian socialist Jeffery R. Webber interviews women leaders of PSUV in the state of Mérida. Teresa Mora and María Linares at the PSUV’s Mérida headquarters In the early afternoon of September 8, 2008, I sat down at the state headquarters of the United Socialist Party of Venezuela (PSUV), in the city of Mérida, for an […]
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Arrogance, Ignorance, and Cowardice: Lessons from 9/11
A version of this essay was delivered to the “Struggle for Global Justice” film festival organized by the student group Azaad at the University of Texas at Austin on 11 September 2008. Given the disastrous decisions made by U.S. officials in the seven long years since September 11, 2001, it would be easy tonight simply […]
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Interview with Linda Niemann, Author of Boomer, Railroad Memoirs
Linda Niemann‘s Boomer: Railroad Memoirs is one of a handful of outstanding books, like Ben Hamper’s Rivethead, that have documented industrial working-class life in the United States, as experienced by the children of the sixties. Boomer vividly illuminates how a generation of railroad workers faced the receding standard of living for workers in the seventies […]
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Venezuela’s Bolivarian Process, Democracy, and Socialism: A View from the PSUV in Mérida
Canadian socialist Jeffery R. Webber interviewed Oscar González, Coordinator of Organization of Social Movements for Popular Power in the Mérida branch of the United Socialist Party of Venezuela (PSUV) – Mérida, Venezuela, September 5, 2008. JRW: First, can we start off with your name and position in this organization? Oscar González The PSUV headquarters in […]