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    • Fed moves to halt market meltdown

      Posted by Sandyenglish

      If a week is a long time in politics, then two days in the financial markets can be even longer. Last Wednesday, William Poole, president of the St Louis Federal Reserve Bank, told Bloomberg TV that the subprime mortgage rout did not threaten US economic growth and that only a “calamity” would justify an interest rate cut.

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    • Millions of toxic toys recalled: The nightmarish reality of global capitalism

      Posted by Sandyenglish

      The world’s largest toy maker, Mattel Corporation, announced August 14 that it was recalling nearly 19 million toys worldwide, half of them in the US, because of the dangers they pose to children. Some 436,000 toy cars made in China were withdrawn because they are covered in lead paint, while more than 18,000,000 other toys, also made in China, are being recalled because they contain small, powerful magnets that could do great damage if swallowed.

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    • Bush's war czar floats call for military draft

      Posted by Sandyenglish

      The senior military officer tapped by President Bush to serve as his “war czar” declared in a radio interview last Friday that Washington should consider the reimposition of a military draft to relieve the extreme pressure that the ongoing wars and occupations in Iraq and Afghanistan are inflicting on the US military.

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  1. thumbnail

    Damianmann comments on:

    In defense of Bill Ayers

    I agree. I have had some problems with Obama’s stance on this. Also, McCain was bombing innocent Vietnamese from a plane. Where’s the honor in that?

     

    BUT, what could Obama really say without screwing any chance at winning the election? I think a lot of these people who write these things and support it, don’t really get what hoops one has to jump through in the America of today. I’m not saying it’s good. But, I am saying that’s the reality of the situation.

    Reply »

    12:18 am 10/18/08
  2. thumbnail

    Damianmann comments on:

    The Obama "mistake": Breaking the taboo on discussing class in America

    Sandy…that’s EXACTLY what his point was. Patrick Martin missed the point completely.

    Reply »

    1:31 am 4/23/08
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    Damianmann comments on:

    The Obama "mistake": Breaking the taboo on discussing class in America

    Bill Clinton wanted to be the left-wing Reagan. Wouldn’t you say? He was after those same voters.

     

    Reply »

    11:44 pm 4/17/08
  4. thumbnail

    Sandyenglish comments on:

    The Obama "mistake": Breaking the taboo on discussing class in America

    Also:

    "Thomas Frank wrote a best-selling book four years ago (What’s the Matter with Kansas?), which examined this process in his home state, and his conclusions about the use of coded appeals to religion to induce voters to ignore their own economic interests have become conventional wisdom in ruling class political and media circles.

    "While Frank’s book had certain insights into American culture and politics, he ignored the most fundamental factor enabling the Republican appeals to prejudice and backwardness to produce electoral successes—the drastic shift by the Democratic Party to the right and its abandonment of any policies to alleviate economic inequality or improve living conditions for working people.

    —Patrick Martin, "US media, Clinton assail Obama for ‘bitter’ truth, World Socialist Web Site, 14 April 2008.

     

    Reply »

    8:00 pm 4/17/08
  5. thumbnail

    Jeff comments on:

    The Obama "mistake": Breaking the taboo on discussing class in America

    Thomas Frank  is a genius!

    Reply »

    7:33 pm 4/17/08
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    Damianmann comments on:

    The Obama "mistake": Breaking the taboo on discussing class in America

    Reminds me of this book:

     

    http://www.amazon.com/Whats-Matter-Kansas-Conservatives-America/dp/0805073396

     

    "The largely blue collar citizens of Kansas can be counted upon to be a "red" state in any election, voting solidly Republican and possessing a deep animosity toward the left. This, according to author Thomas Frank, is a pretty self-defeating phenomenon, given that the policies of the Republican Party benefit the wealthy and powerful at the great expense of the average worker. According to Frank, the conservative establishment has tricked Kansans, playing up the emotional touchstones of conservatism and perpetuating a sense of a vast liberal empire out to crush traditional values while barely ever discussing the Republicans’ actual economic policies and what they mean to the working class. Thus the pro-life Kansas factory worker who listens to Rush Limbaugh will repeatedly vote for the party that is less likely to protect his safety, less likely to protect his job, and less likely to benefit him economically. To much of America, Kansas is an abstract, "where Dorothy wants to return. Where Superman grew up." But Frank, a native Kansan, separates reality from myth in What’s the Matter with Kansas and tells the state’s socio-political history from its early days as a hotbed of leftist activism to a state so entrenched in conservatism that the only political division remaining is between the moderate and more-extreme right wings of the same party. Frank, the founding editor of The Baffler and a contributor to Harper’s and The Nation, knows the state and its people. He even includes his own history as a young conservative idealist turned disenchanted college Republican, and his first-hand experience, combined with a sharp wit and thorough reasoning, makes his book more credible than the elites of either the left and right who claim to understand Kansas. —John Moe"

    Reply »

    7:01 pm 4/17/08
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    Japhet comments on:

    Bush orders Iraq escalation to continue

     Ahh, finally we call it what it is: escalation.  Next stop Iran, baby!

    Reply »

    12:41 pm 4/11/08
  • Just Said
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  1. thumbnail

    Sandyenglish

    Member since Nov 2008

    New York