Perspectives
Obama touts economic “recovery”
By Tom Eley and Barry Grey, August 3, 2009
The Obama administration is seizing on recently-released economic data to proclaim that the recession is ending. The aim is to justify the government’s refusal to provide any serious social relief, ...
Billions in bonuses for bailed-out bankers
By Patrick Martin, August 1, 2009
Nine Wall Street banks that were among the biggest recipients of the US government bailout paid nearly $33 billion in bonuses last year, including awards of $1 million or more to nearly 5,000 people.
International banks exploit the crisis to reap massive profits
By Stefan Steinberg, July 31, 2009
Less than a year after the eruption of a financial crisis that has devastated economies across the globe and wiped out an estimated 40 percent of the world’s wealth, a number of major banks and inve...
Britain’s political elite and the Afghan war
By Chris Marsden, July 30, 2009
Recent opinion polls have confirmed the deep-seated and growing opposition to the Afghan war amongst the British public. But there is barely any expression of this to be found within official politica...
Citigroup’s $100 million banker
By Tom Eley and Barry Grey, July 29, 2009
A Citigroup energy trader is demanding that the bank honor a contract to pay him $100 million this year.
Obama’s health care counterrevolution
By Kate Randall and Barry Grey, July 28, 2009
In a full-page editorial published Sunday, entitled “Health Care Reform and You,” the New York Times seeks to present Obama’s proposals to slash costs and ration health care as a boon to the Ame...
The German offensive in Afghanistan
By Ulrich Rippert, July 27, 2009
The German army has dramatically intensified its intervention in Afghanistan in the past few days, employing heavy weaponry for the first time.
US outrage over “rigged” elections does not extend to Kyrgyzstan
By Bill Van Auken, July 25, 2009
The rigging of an election, the repression of opposition candidates and the use of police violence against demonstrators has been met with silence and indifference on the part of the Obama administrat...
The Hillary Clinton doctrine
By Bill Van Auken, July 24, 2009
US Secretary of State Hillary Clinton’s threat to arm the neighbors of Iran and target the country with nuclear missiles marks an escalation of US pressure on Tehran designed to influence the bitter...
Unions systematically divide Opel, GM-Europe workers
By Ulrich Rippert, July 23, 2009
From the outset, the German works councils have sought to ensure that the main burden of an Opel “rescue plan” be shouldered by European plants outside Germany.
The class issues in the US health care debate
By Kate Randall and Barry Grey, July 22, 2009
The Obama administration’s push for health care “reform” has exposed the class realities that dominate American politics and the social interests which Obama defends.
Six months of the Obama administration
By Joe Kishore, July 21, 2009
Six months ago yesterday, Barack Obama was inaugurated as president of the United States. It is an appropriate time to take stock of what has transpired.
