Hope2012


Commercial Disobedience: Various Forms of Economic Protest

American People’s Manifesto for US National Strike April 15 – 18

NATIONAL STRIKE APRIL 15 – APRIL 18TH

Union vows to toughen strike at France’s Total – Business Week 2/21/10

Greek court says customs strike illegal – SETimes 2/21/10

Around the World, the Workers Are Fighting Back – Alternet 5/18/09

French Workers Use Threat to Obtain Severance Pay – NYTimes 7/17/09

With its equipment surrounded by gas cylinders and kindling, a manufacturing company agrees to demands of workers planned to be laid off.

General strike cripples France  – Deutsche Welle, Germany 1/29/09

Hundreds of thousands of workers have begun a nationwide strike in France. Eight labor unions have called the industrial action to protest against what they say are insufficient measures by the government to tackle the economic crisis. Unions say…

Hundreds of thousands of workers have begun a nationwide strike in France. Eight labor unions have called the industrial action to protest against what they say are insufficient measures by the government to tackle the economic crisis. Unions say that with unemployment mounting, French workers should not have to foot the bill for a crisis that has led to expensive government bailouts for banks, carmakers and other sectors. French President Nicolas Sarkozy has announced a 26-billion-euro stimulus package while pledging to press ahead with unpopular reforms to trim the public sector workforce and liberalize the labor market.

Workers’ Rights: Strike at World’s Largest Nickel Mine  – Global Research 11/11/09

Egyptian ‘general strike’ fails – BBC 4/6/08

A planned strike led by workers at a major textile factory and other solidarity protests are pre-empted by police.

The word went out on the web: every skilled man should strike – Times, UK 1/31/09

Fifteen minutes later, at 6.30am, 400 men began to gather outside the Wilton chemical complex on Teesside behind a banner demanding “British jobs 4 British workers”. At 8am 700 workers refused to enter the Ineos refinery in Grangemouth, Scotland.

By mid-morning the dispute had spread to a dozen power stations, oil refineries and chemical plants.

Workers in Argentina taking over dead factories and running them democratically – BoingBoing 12/7/08

As Argentine factories go bankrupt and shut their doors, workers are breaking in, starting the machines up again, electing their own leaders, and running the businesses themselves, putting up fierce resistance when the police try to evict them.

More Squatters Are Calling Foreclosures Home – Cryptogon 4/12/09

Group moves homeless people into foreclosed homes – Boing Boing 12/30/08

Resisting Home Evictions Becomes a Group Effort – NYTimes 2/19/09

A civil disobedience campaign is starting in New York and other cities to support families who refuse to vacate their homes.

Resistance to Housing Foreclosures Spread Across the Land – Alternet 1/23/09

Community-based movements to halt the flood of foreclosures have been building across the country. And they’re not the usual suspects.

Activist Moves Homeless Into Foreclosed Homes – via Cryptogon 12/5/08

Getting Started In War Tax Resistance – War Tax Boycott 10/22/09

Thank you for your interest in war tax resistance. If you decide to register and resist, you will join a long line of courageous resisters, from Henry David Thoreau’s time to the present. Many of us are angry and frustrated by the U.S. government’s military actions around the world, and it often seems as if there is not much we can do about it. War tax resistance is a powerful way to resist the state and oppose its harmful actions. By conscientiously resisting taxes, you take a solid step towards refusing to be a part of the destruction. Our military can only harm people when citizens allow it. If enough of us withhold from war and pay for peace, we can stop the harm.

National War Tax Resistance Coordinating Committee  – NWTRCC.org

The National War Tax Resistance Coordinating Committee (NWTRCC) is a coalition of groups from across the U.S., formed in 1982 to provide information and support to people involved in or considering some form of war tax resistance (WTR). Affiliate organizations and individual supporters are joined together in a common struggle for a more just and peaceful society. We oppose militarism and war and refuse to complicitly participate in the tax system which supports such violence. NWTRCC sees poverty, racism, sexism, homophobia, economic exploitation, environmental destruction and militarization of law enforcement as integrally linked with the militarism which we abhor.

Shunning Wal-Mart: A DIY general store – CNN 7/19/08

The residents of this windswept basin 100 miles from anywhere know that if they want something done, they have to do it themselves. Whether it’s repairing a tractor or rejuvenating Main Street, the people here fix their own problems.

People’s Resistance and Alternatives to the “Free Market”  – Global Research 2/2/09

Global boycott movement marks its successes – AtheoNews 2/20/09

Motorola drops bomb fuse unit following boycott campaign  – Electronic Intifada 4/6/09

Meet the Antipreneurs – Business Week 6/20/08

They’re against advertising, Corporate America, and globalization. That’s good for business .

Local Currencies – The missing link in the quest for sustainability

Local Currencies are the ultimate in loyalty programs. Unlike profits derived from trading with national currencies, the wealth generated by trading with exchange systems created by and for local communities stays within the district.  Since community currencies work alongside and supplement national currency, once their advantages are understood they are welcomed by the community, particularly in times of economic stress. Historically, community currencies have been economic and social lifesavers.

Community-supported restaurants

A List of 26,000 Businesses That Accept Barter

Forget the Audit: Just Go Ahead & Abolish the Federal Reserve  – American Free Press 11/6/09

Breaking up ‘too big to fail’ firms  – Politico 11/5/09

Rep. Kanjorski proposes power to dismantle firms “too big to fail” even if they’re not financially at risk.

Take the Power to Create Credit Away from the Giant Banks and Give It Back to the People  – Prison Planet 11/5/09

We Need a Global Tax on Financial Speculation

Workers of the World, Incorporate

A move toward establishment of manufacturing cooperatives represents a new direction for the American labor movement, an economist writes.

In Just 4 Short Years, Kiva Hits $100 Million In Microloans – Treehugger 11/2/09

RELATED:  ALTERNATIVES: A DIFFERENT WORLD IS POSSIBLE



Sobering Facts About the Failing US Economy

The Geography of Recession

An interesting graphical representation of the recession playing out from January 2007 through December 2009.

Fitch: U.S. State and Federal Debt to Hit 94% of GDP

It is mathematically impossible to pay off the federal debt.  U.S. citizens should embrace Ecuadors’ example and proclaim the debt illegitimate.

Congress passes record debt hike

Obama Signs Law Raising Public Debt Limit from $12.4 Trillion to $14.3 Trillion

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

Two Dozen States’ Unemployment Funds in the Red, Nine More Within Six Months

Cash-strapped US running out of unemployment money

More and More States on Budget Brink

Across the nation, state tax collections in the first three quarters of 2009 posted their steepest decline in at least 46 years, according to a report this month from the public policy research arm of the State University of New York.  At least 30 states raised taxes in their most recently completed fiscal year — which ended in most cases in mid-2009. Even more cut services. All told, states raised $117 billion to fill last year’s budget gaps, the Pew Center on the States estimates.

25 State Unemployment Funds Bankrupt; Credit Card Defaults at Record Levels; Look on the Bright Side

 The unemployment insurance system is in crisis. A record 20 million Americans collected unemployment benefits last year, and so far 25 states have run out of funds and been forced to borrow from the federal government, raise taxes or cut benefits. Using near real-time data on states’ revenues and the benefits they pay out, we’ve estimated how long their trust funds will hold up.  And while states’ poor fiscal planning is a serious topic on its own, our unemployment insurance tracker also follows the increasing human toll: so far businesses in 36 states face tax increases this year, ranging from a few dollars per worker to more than a thousand. Six states have moved to cut, freeze or otherwise restrict benefits, a number that is likely to increase.

Chris Christie declares fiscal ‘state of emergency,’ paving way for N.J. spending cuts

Calling New Jersey on “the edge of bankruptcy,” Gov. Chris Christie today declared a fiscal emergency, seizing broad powers to freeze aid to more than 500 school districts and cut from higher education, hospitals and the Public Advocate.

Along with eliminating programs “that sounded good in theory but failed in practice” across state departments, Christie is cutting $475 million in aid to school districts, $62 million in aid to colleges and $12 million to hospital charity care.

Five Million Workers to Exhaust Unemployment Benefits by June

One in Seven U.S. Mortgages In Foreclosure or Delinquent

Number of New Yorkers at risk of losing their home to foreclosure surges, new statistics show

Dallas/Fort Worth quarterly foreclosure postings jump 22%

Study: Hunger in America jumps ‘unprecedented’ 46 percent

U.S. state pension funds have $1 trillion shortfall: Pew

Credit Suisse Declares the U.S. a Riskier Investment Than Indonesia

Previously: US Economic Tailspin: States going bankrupt, unable to provide services



WORLD & US ECONOMIC NEWS ROUND-UP, including lessons from history

INDICATORS FROM ABROAD

Global Economic Tremors – Global Research 11/12/08

A fantastic summary of the current economic collapse, and the plans for the new economic order.

Ecuador warning on debt payments – Financial Times, UK 11/16/08

Rafael Correa, Ecuador’s leftwing president, has heightened fears that the Andean nation will default on parts of its $10bn foreign debt, saying an internal audit due this week will determine if the debt is “illegitimate”

The G-20’s Secret Debt Solution – Implode Explode 11/14/08

Dangers of a public backlash in response to IMF intervention : Pakistan criticized over $7.6 billion IMF bailout – Global Research 11/17/08

China, Costa Rica in free trade talks – Raw Story 11/16/08

China moves to stem mass layoffs – BBC 11/18/08

Chinese president on Cuban visit – BBC 11/17/08

President Hu Jintao of China arrives in Cuba for a visit aimed at strengthening economic ties between Beijing and Havana. 

The Financial Crisis and the G-20 Washington Summit  – Global Research 11/17/08

Iran converts some of its financial reserves to gold (AP)… – Haaretz, Israel 11/15/08

Brazil, Argentina drop dollar for bilateral trade – Int’l Herald Tribune 9/7/08

Britain may need 0% interest rate to avoid a depression, leading economist warns
Daily Mail, UK 10/27/08

Japan to offer $100 billion to the IMF – Implode Explode 11/13/08

“Sovereign Wealth Funds” Towards a Structural Shift in World Financial Order – Global Research 11/11/08

Coordinating Responses to the Financial Crisis  – Global Research 11/7/08

Global Crisis Transforms Capitalism  – Forbes 11/7/08

A Financial Meltdown 30 Years in the Making – Alternet 11/10/08

Four Crises of the Contemporary World Capitalist System – Monthly Review 10/08

Calls grow for a new model for global trade – CorpWatch 10/9/08

IMF may need to “print money” as crisis spreads  – Telegraph, UK 10/28/08

The International Monetary Fund may soon lack the money to bail out an ever growing list of countries crumbling across Eastern Europe, Latin America, Africa, and parts of Asia, raising concerns that it will have to tap taxpayers in Western countries for a capital infusion or resort to the nuclear option of printing its own money.

Financial Crisis Triggers Disruption in International Shipping – Global Research 11/15/08

 

NEWS ON THE IMMINENT US ECONOMIC COLLAPSE

How our economy is killing the Earth – New Scientist 10/17/08

Picture proof of radical collapse ahead.

U.S. Housing Market Boom and Crash Engineered by the Government – Richard Cook via Market Oracle, UK 10/23/08

Richard C. Cook is a former U.S. federal government analyst, whose career included service with the U.S. Civil Service Commission, the Food and Drug Administration, the Carter White House, NASA, and the U.S. Treasury Department.

Who are the Architects of Economic Collapse? – Global Research 11/9/08

Wall Street’s ‘Disaster Capitalism for Dummies’ – Global Research 11/7/08

Michael Pollan: Eating Is a Political Act – Alternet 11/8/08 

3 ‘superbanks’ now dominate industry  – MSNBC 11/6/08

Dynamic Maps of Nonprime Mortgage Conditions in the United States – Federal Reserve Bank of New York

The Great Depression of the 21st Century: Collapse of the Real Economy – Global Research 11/15/08

U.S. cities seek federal help to ease economic crisis – Reuters 11/13/08

Three major American cities buffeted by the global financial crisis are requesting at least $50 billion in federal funds to help pay for infrastructure improvements, pensions and short-term borrowing.  Philadelphia, Phoenix and Atlanta are asking U.S. Treasury Secretary Henry Paulson to release funds from the $700 billion financial bailout authorized by Congress last month.  Philadelphia Mayor Michael Nutter will hand-deliver the request to Paulson on Friday, spokesman Luke Butler said. Five or six other cities, including Chicago, may also sign on, Butler added.

States That Can’t Pay for Themselves – BusinessWeek/Yahoo 10/8/08

Soros says deep recession inevitable, depression possible – Implode Explode 11/13/08

How to End the Recession – Alternet 11/13/08

Sarkozy-US dollar no longer only currency in world – Forbes 11/13/08

The Hidden Cost of Petroleum: The National Picture  – Nat’l Priorities Project via Cryptogon 11/13/08

In 2009 alone, U.S. taxpayers will spend $103.5 billion on military resources used to secure access to petroleum, while investing only $1.26 billion in renewable energy sources. Including Iraq War-related costs doubles this figure to $215.4 billion dollars

Paulson: Foreign banks can use U.S. rescue plan (Reuters)  – Yahoo 9/21/08

A $75 trillion fright fest: Eight megahorror debts chilling America – Market Watch 9/8/08

A default by the US government is no longer unthinkable  – Telegraph, UK 9/20/08

IMF Bailout of the United States Coming?  – Market Oracle, UK 11/4/08

Foreclosures up 25 percent in October – Reuters 11/13/08

Downturn Drags More Consumers Into Bankruptcy  – NYTimes 11/15/08

Part of the Debt Trap series about the surge in consumer debt and the lenders who made it possible.

Freddie Mac worth less than zero – Times, UK 11/15/08 

College Loan Slavery: Student Debt Is Getting Way Out of Hand – Alternet 11/12/08

‘Car sleepers’ the new US homeless  – BBC 9/27/08

How To Live in Your Car – WikiHow

The Green Tax Gusher  – Forbes 11/7/08

Want to install a $60,000 solar energy system in your home? Uncle Sam will pay 30%. Really.

Cash for Conservation  – Forbes 11/7/08

Duke Energy Chief Jim Rogers has a plan to make the U.S. energy-efficient: Pay him not to deliver power.

Can Obama Stop the Bush Administration’s Final Economic Heist?  – Alternet 11/6/08

Terrible looting of public capital has a habit of taking place during periods of dramatic political transition, and Bush has one underway.

Bloomberg News sues Fed for transparency on $2 trillion in loans – Raw Story 11/10/08

Officials Refuse to Provide Details on Secret Previous Bailout – ABC 10/1/08 

Federal Reserve Refuses to Identify the Recipients of $2 Trillion Worth of Emergency Loans – Bloomberg via Cryptogon 11/10/08

Fed Stonewalling on Giving Details About Collateral Accepted for Loans  – Implode Explode 11/8/08

Worse Than the Great Depression?  – Global Research 11/17/08 

 

 

Lessons from History

History of U.S. Gov’t Bailouts – ProPublica 10/14/08

The Corrupt Origins of Central Banking – von Mises Institute 11/5/08

What If US Collapses? Soviet Collapse Lessons Every American Needs To Know  – Madconomist 6/1/08

What was it like during the Great Depression? – Metafilter 9/29/08

University of Oregon Economist Mark Thoma links to interviews by Studs Terkel which deal with the Great Depression. All interviews in Real Player format.

The Rothschilds: The First Barons of Banking – Global Research 11/8/08