HYDERABAD, India — As I arrived at the Begumpet airport here, part of a two-person delegation of the Communist Party USA, we were greeted by a delegation of bank workers and members of their union.
While some may take “what-goes-around-comes-around” satisfaction at the ruin facing Bear Stearns and other Wall Street investment firms, a financial meltdown could result in a freezing up of credit and growth for everyone. What happens on Wall Street might mean real hard times on Main Street. It could take a decade to recover.
A people’s surge is heaving its way across the country with unexpected force. And in doing so, it is confounding pundits, challenging conventional wisdom and reconfiguring our nation’s politics. Only one thing is for certain: it could well prefigure a triumphant victory for peace, economic security and equality in November.
In the buildup to the 2008 elections, the right-wing Republicans have decided to make immigrants the scapegoat for the failure of the Bush administration and the shortcomings of the capitalist system. Right-wing personalities on cable TV, on talk radio and in newspapers are fueling this process. Vicious lies are being told about immigrants.