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Anti-Empire
Human Rights in IrelandIndymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
Lockdown Skeptics
Voltaire NetworkVoltaire, international edition
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The Bailout and Mood Of US Working Class![]() ![]() ![]() ![]() ![]() Where is my bail out? It is everywhere. The talk of the bail out. And now the talk of the extra $140 billion they bribed the politicians to pass it. Meanwhile tens of millions of American workers are watching their savings, pensions, homes and jobs vanish before their eyes. The anger about the bail out prevented it being passed the first time. There has been a fundamental shift in consciousness in the US working class. It will not go back to having the same trust in the Republicans and the Democrats and the system. However a much greater shift could have taken place if the union leaders instead of trailing with their heads down after the Democrats and the bail out had taken an independent stand. In a recent Wall Street Journal/NBC poll only 10% of Americans say they have a "great deal" or "quite a bit" of confidence in the financial industry compared with 36% in the year 2000. Only 11% say they have a "great deal" or "quite a bit" of confidence in large corporations. As the financial meltdown worsens by the day the social and political base of US capitalism is being undermined. On top of this there are the wars and occupations in the Middle East which are opposed by the majority. The crisis that is deepening by the day means that the US capitalist class has forfeited all right to rule. They and their system have to be replaced. |
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