Almost every day I think to myself “What the hell has happened to my country”? I still have a hard time coming to terms with the brutality and the crass disregard for human life that has become a cornerstone of American foreign policy. I also have a hard time coming to terms with this new American concept of fighting this so-called “War on Terror” that has led to the dissolution of our fundamental freedoms as expressed in the bill of rights.
by Ralph Nader
The Nader Page
Jan. 10, 2011
Dear President Obama:
The sentiments expressed in this letter may have more meaning more for you now that the results of the mid-term elections are clear. You have seen what can happen when a number of your supporters lose their enthusiasm and stay home or do not actively participate as volunteers.
News Item: William Michael Daley, youngest son of former Chicago Mayor Richard J. Daley, brother of current Chicago Mayor Richard M. Daley; until recently, serving on the Operating and Executive Committee of J.P. Morgan Chase & Co.; and instrumental in getting NAFTA passed, has been named new White House Chief of Staff by President Barack “I never met a Wall Street stooge I didn’t like” Obama.
(to the tune of “Won’t You Come Home, Bill Bailey?“)
1. Take a deranged person, preferably male (all those impotence issues and the allure of physical violence, which is supposedly so “masculine”);
2. Immerse said person in a culture which worships violence, especially gun violence, and glorifies it in most of its very effective and affective entertainment;
3. Put him in a nation which makes it absurdly easy for anyone to legally own automatic weapons with ammunition clips holding between 15 and 20 rounds (surely our Founders meant each of us to stockpile such automatic weapons when they wrote the Second Amendment, no? Wasn’t that their “original intent”?);
Crossposted with permission from www.socialistproject.ca/bullet/
by Michel Husson
Socialist Project | The Bullet
10 January, 2011
The global effects of the crisis have been made even worse by what is happening in Europe. For thirty years the contradictions of capitalism have been overcome with the help of an enormous accumulation of phantom rights to surplus value. The crisis has threatened to destroy them. The bourgeois governments have decided to preserve them claiming that we have to save the banks. They have taken on the banks’ debts and asked for virtually nothing in return. Yet it would have been possible to make this rescue conditional on some assurances. They could have banned speculative financial instruments and closed the tax loopholes. They could even have insisted that they take responsibility for some of the public debt that this rescue increased so dramatically.