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Yen Carry Trade Has Massively Unwound As Investors Traded Out Of Stocks For Commodities
A epic financial sea change occurred on July 2, 2008 as there was a massive unwinding of the yen carry trade, which complemented two others that occurred on June 6, 2008, and June 20, 2008. We have transitioned from the "age of investment prosperity" to the 'age of financial disinvestment and instability' and the 'age of State corporate rule'. Wealth can only be preserved by investing in gold.
Posted: Sun Jul 6, 2008 7:16PM
CommonDreams / Common Blunders: Attacking the 9/11 Dissenters
"Left" and "Progressive" journals exhibit an astounding level of ignorance on the September 11th attacks.
Posted: Fri Apr 25, 2008 3:59PM
Quislings and Collaborators
Closet Republicans are waging war on our right to privacy
Posted: Fri Mar 7, 2008 10:12AM
I knew I had stopped having a good time when Emmylou Harris gave Warren Hellman a big hug at the Banjo Stage in Speedway Meadows.
Posted: Tue Oct 9, 2007 6:56AM
Orwell's Triumph - There is no van full of explosives reported at the G. Washington Bridge
On 9/11 a van full of explosives was stopped, its driver and accomplice caught by FBI, and then it disappeared from history. Want to know why?
Posted: Mon Sep 17, 2007 2:01PM
Comments on the Passage of the State Budget
Committee on Budget and Fiscal Review, made the following the statement after the passage of the budget today by the Legislature:
Posted: Tue Aug 21, 2007 11:57PM
CISPES Declares its Solidarity with the Salvadoran Political Prisoners
On July 2 the Salvadoran police violently attacked a peaceful protest against water privatization and arrested 14 people. President Saca was scheduled to announce water “decentralization” – the first step in the privatization process – in the town of Suchitoto.
Posted: Thu Jul 12, 2007 4:43PM
The 9/11 B. S. Movement
We are drowning in DIS-information, that is deliberate gibberish passed off as a "9/11 conspiracy theory," which is intended to associate all of the 9/11 skeptics with "whack job" ideas about that day.
Posted: Tue Jul 3, 2007 11:33PM
In San Francisco, Tenants Have Rights!
Most housing unites in SF are rent controlled. If yours is, your landlord can only evict you for a "just cause." Your landlord cannot evict you because they feel like it. If your landlord is trying to evict you, get help!
Posted: Sun Jun 24, 2007 1:43AM
Former Tenant Pickets as Realtors Tries to Sell House
Currently, I am picketing the building I was Ellised* from in 2001 by speculators Michael Gallin and Elba Borgen. The apartments were sold as TICs* in 2003 and 2004 after the building sat empty for almost two years. Three of the four apartments are for sale again as TICs. The purpose of the picket is to make sure prospective buyers know the building’s history. While an Ellis Act eviction must be recorded on the deed, many realtors try to hide this information or omit it...
Posted: Sun Jun 24, 2007 1:30AM
The Ellis Act Defined
The Ellis Act is a state law that says landlords have the unconditional right to evict tenants to “go out of business.” For an Ellis eviction, the landlord must remove all of the units in the building from the rental market. The apartments cannot be re-rented, except at the same rent the evicted tenant was paying, for five years following the evictions. There are no such restrictions on converting them to ownership units (e.g., tenancies in common or condos).
Posted: Sun Jun 24, 2007 1:23AM
Pacifism Summer: Revolution Summer Through the Lens of Churchill's Pacifism as Pathology
State police, often serving as the order-preserving arms of global capitalism, have a simple formula for dissolving groups that pose a threat to that order. This formula has been documented for decades in the US and has even been applied against completely nonviolent groups. According to Ward Churchill in Pacifism as Pathology, reissued this year by AK press, the existence of such a formula brings up an inherent flaw in the logic of American Liberals and other totally inef...
Posted: Sat Jun 23, 2007 8:39PM
Microradio Blues: SF Liberation Radio's Court Defeat Exemplifies Federal/Corporate Control
On February 15, 2007, three years after its demise, San Francisco Liberation Radio’s (SFLR) case against the Federal Communications Commission (FCC) finally reached the Ninth Circuit Court. This was the station’s third appearance in court, and it unfortunately reached the same conclusion as the previous two: a decision overwhelmingly in favor of the FCC. A victory would have done nothing in regard to the station’s ability to broadcast, but would have made it more difficult for the FCC...
Posted: Sat Jun 23, 2007 3:08PM
Bill Martin and Raymond Lotta - author discussion
Join Bill Martin and Maoist political economist Raymond Lotta, who wrote the preface to the book, in a searching dialogue about Marxism in the 21st century: intellectually alive and open, and animated by the need for truly radical change in today’s world.
Posted: Wed Apr 18, 2007 4:10PM
Clandestines Re-loaded: Leaving This Stage of History
1. The Quiet Apocalypse of Rising Tides Climate change is everywhere, and the somewhat momentous report released February 3 by the Intergovernmental Panel on Climate Change (IPCC) confirms that climate change is man-made, and unstoppable. The 21-page report, described as conservative by the IPCC itself, says man-made emissions of greenhouse gases are to blame for heat waves, floods and heavy rains, droughts and stronger storms (particularly in the Atlantic Ocean), melting ice-caps and rais...
Posted: Sun Mar 25, 2007 6:47PM
Making a Killing: America's Private Army and the Business of War
On January 20th the Iraqi resistance shot down a Blackhawk helicopter killing thirteen American soldiers. Three days later, just hours before Bush would give his State of the Union address, a Little Bird helicopter was shot down, killing five more Americans—but this incident didn’t make nearly the amount of news as the former. While the five men died in combat, they were not members of the US military. They were employees of Blackwater USA, the shining star in a new breed of corporation s...
Posted: Sun Mar 25, 2007 6:12PM
Rust Belt Ruckus: Inhabiting Industrial Collapse
Staring off of my porch toward the river I see dozens of buildings: dilapidated, sinking into the river, being demolished, and wasting away. I scan the horizon, and through the blizzard I see a huge city, a once bustling metropolis, now eerily silent. I look down my street, and on either side are vacancies; some in bad shape but the majority are inhabitable. I stand on the porch of the biggest one I could find and smile, and then I go back inside and stoke the fire. Life is good to me, and I ...
Posted: Thu Mar 22, 2007 11:57AM
The Home Front: Resistance Spreads as Iraq Veterans Return
When Jeff Englehart, Thomas Cassidy, and Joe Hatcher joined the Army in early 2001 they were looking for a change of pace and some college money. A few months later, however, the Twin Towers were smoldering, the ‘war on terror’ was growing from their ashes, and what it meant to be a US soldier was changed dramatically. They three strangers met in the Army and soon found themselves stationed in Iraq, where they served in and around the violent Sunni Triangle from February 2004 until Februa...
Posted: Wed Mar 21, 2007 3:13AM
K-Town Riots: The Eviction of Copenhagen’s Finest Squat
In the frigid Copenhagen morning of December 14, hundreds of squatters stand unflinchingly beneath visible wisps of breath. Europe’s “The Final Countdown” resonates within the historic walls of the brick building at 69 Jagtvej. Masked activists shoot fireworks from the roof as the Danish media ogle from the street below. Twenty-four years after its inception, Ungdomshuset has officially become an illegal squat.
Posted: Wed Mar 21, 2007 2:50AM
Green Is...Not PG&E: Behind the Green Ink of This Nor Cal Utilities Company
Walking around San Francisco, you might have noticed bright green ads featuring cutesy witticisms about what “green is,” sponsored by the local utility monopoly PG&E. My favorite ad prominently displays a piece of cow dung with the quote “Green isn’t always pretty.” Here, PG&E isn’t too far off; for them, green is… a lie.
Posted: Mon Mar 19, 2007 9:01PM