Fight Back! News

News and Views from the People's Struggle

capitalist crisis

By Masao Suzuki

Another step toward first U.S. debt crisis in history

San José, CA – Today, Oct. 15, right-wing Republicans in the House of Representatives stopped the House Republican leadership from trying to pass a compromise measure to re-open the federal government and raise its debt ceiling. This marks another step towards the first U.S. debt crisis in history.

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By Freedom Road Socialist Organization

Across the globe, workers are fighting back against their bosses and people are standing up to their oppressors. On May 1 people around the world will celebrate International Workers Day – commonly called May Day – by taking to the streets. To mark the occasion, the Freedom Road Socialist Organization (FRSO) urges all revolutionaries, progressives, activists and organizers here in the U.S. to go all out building the people’s fightback against capitalist greed and struggle for socialism.

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By Editorial ¡Lucha y Resiste!

Millones de personas se encuentran sin trabajo. Aquellos que dieron de baja están siendo evacuados de sus hogares porque sus hipotecas están siendo ejecutadas, perdieron seguros de salud y luchan cada vez mas duro para sobrevivir. El desempleo entre la juventud esta muy alto. Incluso los graduados universitarios se ven forzados a vivir en la casa de sus padres. Muchos no pueden hacer mensualidades a los préstamos universitarios. Millones de inmigrantes, ambos documentados e indocumentados, son dados de baja y sin poder trabajar, se ven obligados a abandonar el país después de haber trabajado años en los EU.

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By Fight Back! Editors

Most of the countries in the euro-zone, which includes most of the major economies of Europe (Great Britain and Switzerland being two notable exceptions), are now in a recession. The zone’s largest economy, Germany, is rapidly slowing. This growing crisis of overproduction among the capitalist economies of Europe is having a worldwide impact, with Asian economies and the U.S. being affected by slowing trade and growing fears of another financial crisis.

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By Masao Suzuki

Agreement won’t help Spain’s economic depression

San José, CA – On June 9, Spain and the European Union made an agreement to bail out Spain’s troubled banking sector. This agreement means Spain is the fourth country (along with Portugal, Ireland and Greece) in the eurozone to have to take a bailout.

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By Redacción

Protesta del Comité para el Derecho de Asistencia Pública frente al capitolio de

St. Paul, MN – Frente a una pancarta que dice, “Rescate del pueblo pobre y trabajador – No a los billonarios!” las líderezas del Comité por el Derecho de Asistencia Pública anunciaron una campaña para combatir el impacto de la creciente crisis económica en una conferencia de prensa el 29 de octubre. Acompañándolos en la actividad se hicieron presentes miembros del sindicato de oficinistas AFSCME 3800, el Comité Anti-guerra, Mujeres en Contra de la Militarización y otros grupos que luchan por la paz y la justicia.

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By Adam Price

San José, CA – Poco antes de las fiestas de fin de año, los republicanos en la Cámara de Representantes y en el Senado acordaron recortar programas sociales de ayuda para personas de bajos recursos y para las clases trabajadoras como son el “Medicaid” (servicios de salud para personas de bajos recursos), los prestamos para que los estudiantes asistan a la universidad, “TANF” (Ayuda Temporal para Familias Necesitadas) y el “Medicare” (servicios de salud para personas mayores). Al mismo tiempo, los republicanos aprobaron en la Cámara de Representantes una propuesta, respaldada por el presidente Bush, para reducir los impuestos para los negocios y para los ricos.

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By Kosta Harlan

Over three hundred people attended a rally against the proposed cuts to North Ca

Raleigh, NC – “We’re in the middle of an historic crisis,” the president of the North Carolina Public Sector Workers Union (UE 150), Angaza Laughinghouse, told Fight Back!. “It requires a historic response from unions, youth groups, faith groups and community organizations to develop the fight back.”

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By linden

Banner - "Stop foreclosures and evictions." at protest

Minneapolis, MN – “You got bailed out, we got sold out! Stop foreclosures now!” was the rallying call during a protest here June 13 as a crowd of 75 people surged to the doors of a US Bank branch on Lake Street. Minneapolis police officers blocked the doors of the bank building, calling in more squad cars, which arrived with sirens blaring.

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By staff

Minneapolis, MN – In a packed Hennepin County Court room, May 26, District Judge Lloyd Zimmerman decided to delay the foreclosure-related eviction trial of Rosemary Williams until June 22. A hearing on the legal issues to be considered at the trial is scheduled for June 16.

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