The U.S. has committed nearly $3 trillion to the financial bailout so far. The Federal Reserve has made more than $2 trillion in emergency loans and another $700 billion has been pledged through congressional action. Much more money is coming. Things better for your community? I didn't think so.
Over the next several months there will be a battle for hearts and minds, but not in Iraq or Afghanistan. The war will be here at home, waged mostly in the halls of Congress, where grim lobbyists for one of the top 15 economies in the world are digging in to preserve their stake in the massive U.S. military budget.
Good luck, Mr. President-elect Obama's Cabinet picks Cheers
What do Oklahoma teenager Matt Webber, the Tuskegee Airmen, Tim Robbins, Seal, Spike Lee, Elvis Costello, Susan Sarandon, Sting and the Lesbian and Gay Band Association have in common? All, along with up to 4 million other hopeful enthusiasts, will be attending Barack Obama’s inauguration on Jan. 20, in what promises to be the largest such gathering in U.S. history.
A few weeks ago, terrorist attacks in the Indian city of Mumbai caught the attention of the world. What were the historical roots of these attacks?
Union auto workers are fighting for their lives. For us the fight to defend the United Auto Workers union (UAW) and its members is immediate. It is estimated that over three million jobs are linked to the jobs at GM, Ford and Chrysler.
China has announced a 2-year, $568 billion program to deal with economic and social problems caused by the global economic crisis. The program includes investment in education and health care, environmental protection, housing, highways and rail transportation, and other infrastructure projects. China’s plan, and the ways in which it helps workers in the U.S., were discussed last week in Part I of this article.
For too many years now the American people have been pushed around by the nation’s corporations, the banks, the insurance companies and their right-wing backers in government. If the events of this past week, coming just one month after a historic election, are any indication, we are seeing the beginnings of a movement that just might change all of that forever.
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Given the current situation, it is apparent that the Obama administration enters the White House with huge challenges. At the same time, no president in recent memory brings to the job so much popular good will, a Congress dominated by Democrats, an election mandate for progressive change, and an energized movement that supports him.