An examination of a not-terribly-honest depiction of a failed attempt to foment a transit system fare strike...

The financial crisis that has been heating up since early 2007 reached the boiling point in late September. Credit markets virtually stopped functioning. A full-blown panic swept stock markets worldwide. The U.S. economy is in the throes of a recession that could turn into a Depression lasting for years. In these dire straits, the Wall Street speculators who set off this crisis are demanding that the government rescue them with a bailout priced at $700 billion. The actual costs will be far higher, a trillion dollars or more. Meanwhile, the Democrats are pushing hardest for the Bush bailout of the banks. Presidential candidate Barack Obama blames "greed" for the crisis on Wall Street (capitalism without greed?) and says there must be no "blank check to Washington" -- meaning he's for putting in a few conditions as window dressing. Following in the Democrats' footsteps, the AFL-CIO labor bureaucrats called a demo for "No Blank Check for Wall Street." Yet no amount of regulation will stop the boom-bust cycle of capitalism. Meanwhile unemployment lines are growing and a million families were thrown out of their homes by bank foreclosures in the last year. While the fat cats, Democrats and bureaucrats are all going for the Bush bailout to prop up U.S. capitalism, revolutionary Marxists oppose this trillion-dollar giveaway to the Wall Street speculators, calling instead for a program of transitional demands leading to the expropriation of the banks and the entire bourgeoisie through workers revolution.

The National Democratic Front of the Philippines (NDFP), including the Communist Party of the Philippines (CPP), the New People's Army (NPA) and 15 other allied revolutionary organizations, extends its most heartfelt congratulations to you and the heroic people of the Democratic People's Republic of Korea (DPRK) on the auspicious occasion of the 60th founding anniversary of the DPRK.

YouTube link to new Labor Beat video

We, the undersigned, condemn in the strongest possible terms the recent spate of killings of farmers and farmer-leaders in Masbate, perpetrated by individuals identified as belonging to the local command of the New People’s Army.

On June 28-29, an “Open National Antiwar Conference” was held in Cleveland, called by a newly minted National Assembly to End the Iraq War and Occupation. Over objections from the conference organizers, centrally Socialist Action, the assembly voted to change the name to include reference to the war on Afghanistan, and to emphasize the connection with U.S. backing for the Zionist occupation of Palestine. (The sponsors of the confab were so right-wing that they feared losing “unity” with Democratic Party supporters of Israel and the Afghanistan war!) What did not change at all was the popular-front character of the new outfit, tying it to the bourgeois parties despite the fig leaf of electoral “independence.” Making this utterly clear, it was decided not to call a national antiwar mobilization prior to the November elections explicitly in order to court those forces who wish to aid the Democrats (and therefore want to avoid making problems for the presumptive Democratic nominee, Barack Obama). Here is the leaflet issued by the Internationalist Group at the conference.