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This latest turn of events signals quite literally the end of capitalism. We in the US are now entering the age of fascism.
More on this story soon. For now, answer me this: what would you do with $700 billion?
[alex]
Democracy Now! covered this today pretty thoroughly. Here’s the audio.
And here’s one article among thousands, this one from wallstreetpit.com
Treasury Sends Congress Unprecedented $700 billion Bailout Plan
By Ron Haruni · September 20, 2008
According to Saturday’s news reports, the federal government is asking Congress for $700 billion to buy up bad debt from U.S. financial institutions in efforts to deal with the ongoing financial crisis.
The plan, part of the government’s largest financial bailout since the 1930s, would give the government broad power to purchase distressed assets of any U.S. financial institutions Read the rest of this entry »
This is outrageous and disgusting. They are trying to redefine protest and civil disobedience as acts of terrorism under the new PATRIOT ACT laws. We have to stop this now, or they will come for us next.
Call the following individuals and demand all charges be dropped:
St. Paul Mayor Chris Coleman 651-266-8510
Ramsey County Sheriff Bob Fletcher 651-266-9333
Ramsey County Chief Judge Gearin 651-266-8266
Head of Ramsey County Jail Capt. O’Neal 651-266-9350 ex. 1
http://nyc.indymedia.org/or/2008/09/99669.html
Breaking: RNC 8 Charged with “Conspiracy to Riot in Furtherance of Terrorism”
Ramsey County Prosecutors have formally charged 8 alleged leaders of the RNC Welcoming Committee with Conspiracy to Riot in Furtherance of Terrorism. Monica Bicking, Eryn Trimmer, Luce Guillen Givins, Erik Oseland, Nathanael Secor, Robert Czernik, Garrett Fitzgerald, and Max Spector, face up to 7 1/2 years in prison under the terrorism enhancement charge which allows for a 50% increase in the maximum penalty.
In what appears to be the first use of criminal charges under the 2002 Minnesota version of the Federal Patriot Act, Read the rest of this entry »
I’m reposting this article not because I agree with everything said in it (just feel like I need to start pointing that out so people don’t get confused), but because I think it should spark some good ideas and maybe discussion.
Sale is hitting here on some fundamental ways of seeing the actions of the current U.S. government – that they are desperate to cling to an existing imperial power structure that is deteriorating rapidly – which should help us as anti-imperialists to formulate an appropriate strategy for 1) speeding up that dismantling process so that less damage is done to us and people all over the world, as well as the planet, and 2) figuring out what should replace this system (democracy, freedom, justice, sustainability…) and how we can best usher that new world into being. [-alex]
Collapse of the American Empire
by Kirkpatrick Sale (author of SDS)
Originally published in Counterpunch, February 22, 2005.
It is quite ironic: only a decade or so after the idea of the United States as an imperial power came to be accepted by both right and left, and people were actually able to talk openly about an American empire, it is showing multiple signs of its inability to continue. And indeed it is now possible to contemplate, and openly speculate about, its collapse. Read the rest of this entry »
“The End of America: A Letter of Warning to a Young Patriot”
by Naomi Wolf
2007 Chelsea Green
Naomi Wolf’s short, straightforward book is a warning that the prospects for fascism emerging in America are real and growing. She lays out 10 steps that governments take in order to concentrate power and stifle dissent, on the road to fascism, all of which are underway in the good ol’ US of A.
1. Invoke an External and Internal Threat
2. Establish Secret Prisons
3. Develop a Paramilitary Force
4. Surveil Ordinary Citizens
5. Infiltrate Citzens’ Groups
6. Arbitrarily Detain and Release Citizens
7. Target Key Individuals
8. Restrict the Press
9. Cast Criticism as ‘Espionage’ and Dissent as ‘Treason’
10. Subvert the Rule of Law
This issue is obviously incredibly relevant today, and I happen to agree that fascism is an imminent threat in the US. But I wasn’t terribly impressed by this book. Read the rest of this entry »
The End of Capitalism 
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