Global financial system may be heading for another 2008 By Nick Beams

2 November 2013 — WSWS

This week’s decision by the US Federal Reserve to continue its $85 billion per month cash handout to the banks and finance houses, in the form of purchases of treasury bonds and mortgage-backed securities, and the likelihood that the policy will continue well into the new year, can only heighten concerns that the global financial system is heading for another crash, possibly on a scale bigger than 2008.

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Listen to Your Ancestors By William Bowles

18 October 2003 — williambowles.info

[This is another essay out of the past that on rereading, seems even more relevant than it did when I wrote it almost exactly ten years ago in 2003. It exists in its old non-Wordpress form but republishing it here, makes it more accessible as well as tying into my current writing. WB]

I am a big fan of history. Ever since I was a kid, history fascinated me and perhaps in another life I might well have become a historian. And, in an age where history gets rewritten by the corporate media hour by hour, day by day, understanding where we come from and how we got here is a critical issue.

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Creating a Situation that Does Not Yet Exist

15 August 2013 — The Bullet • Socialist Project • E-Bulletin No. 864

For some two decades, the anti-globalization movement and its successors have assumed that society contains within itself – and automatically throws up – political oppositions and organizational forms independent of capital and of the state. There is simply the need to encourage the cumulative growth of society’s own potentialities for forming alternatives apart from the state and apart from the terrain of politics. Politics is not about the contesting directly, never mind conquering, political power. Instead, politics is viewed as the evolutionary and ‘progressive emptying out of the power of capital and of the state.’ Social coalitions, social forums, networks, and localist alternatives – with an associated range of one-off tactical actions – became the outer limit of organizational agendas.

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NATO and the “phantom menace”: a pretext for global expansion

1 August 2013 — Voice of Russia

Upcoming NATO military exercises envisage an attack on Poland and an Article 5 NATO intervention against a foreign power, to the dismay of Russia, these exercises continue the outdated “Cold War” thinking of the West, which refuses to let go of such stereotypes and continues to eschew peace and understanding between nations.

Bolivia: The Hunt for the President’s Plane By Nil NIKANDROV

7 July 2013 — Strategic Culture Foundation

It is not that important from what source U.S. intelligence received a signal that Edward Snowden would be transported out of Russia on the airplane of Bolivian President Evo Morales; the important thing is that the information turned out to be disinformation. Through allied governments in Europe – France, Italy, Spain and Portugal – Washington tried to organize a humiliating inspection of the presidential airplane in violation of all international conventions and treaties on the immunity of state leaders…

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