Archive for July 26th, 2005


Sen. Clinton says the Dems current losing policy is a winner!

Sen. Hillary Rodham Clinton (D-N.Y.) called Monday for a cease-fire among warring factions of the Democratic Party, arguing that a united front is needed to reverse the party’s recent electoral defeats and halt the advance of conservative Republican ideology.


The differences between Dems are real, important, and can not be resolved by agreeing to disagree. What she is really calling for is for dissidents to shut up and toe the mini-Me Republican line of the DLC, which while it helped elect Bill Clinton in ‘92, has presided over a disastrous decline in the Democratic Party ever since.



She offered an idealized vision of America in 2020 after other, presumably Democratic, policies had been put in place.


That America included a more protected homeland, a better-equipped and trained military, and diplomatic reengagement abroad as well as refocused attention on domestic problems such as health care, the budget deficit and strains on families.


This anemic platform is merely a continuation of what the Dems are doing now. Mimicing the Republicans on security and war, supporting the Iraq war and other imperialist invasions, while saying the U.S. needs to do something about the budget deficit (without calling for an end to the Iraq War) offers little substantive difference from the Republicans as well as being delusionary. The endless wars of the U.S., supported by Congressional Democrats as well as Republicans are the primary reason for the budget deficit and lack of spending at home.

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Will China’s float sink the housing bubble?

China’s first step in revaluing its currency means it and the rest of Asia will need to buy fewer dollars and fewer Treasurys. That’s negative for the dollar and the U.S. housing market.

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Teamsters, SEIU leave AFL-CIO

Two of America’s largest unions, representing 2.5 million workers, broke away from the AFL-CIO Monday in an effort to change the philosophical direction of the labor movement.


The Teamsters, the SEIU and five other unions have formed a coalition called Change to Win, with a mission to dramatically emphasize organizing over supporting like-minded politicians, which has been the pattern of the AFL-CIO, with poor to mixed results in recent elections.


UNITE HERE and UFCW may follow. The Teamsters and SEIU will, among other things, focus on organizing non-union firms like Wal-Mart. In other words, they will be far more militant than the asleep at the wheel AFL-CIO.

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