Oakland general strike and prepping for the G20 in Nice

the oakland general strike...

About 1,000 demonstrators blocked the intersection of 12th Street and Broadway late Wednesday morning, as the Occupy Oakland general strike marched in a loop around downtown Oakland following a peaceful rally at Frank Ogawa Plaza during the first of three planned actions to disrupt business.

There was nary a police officer in sight as some in the crowd stood in front of Wells Fargo and Comerica bank branches on the corners -- with a few in the crown occasionally banging on the locked doors.

Several businesses, including the Men's Wearhouse and the Grand Lake Theater closed their doors Wednesday in support of today's planned General Strike as thousands of people are expected to join the Occupy Oakland movement to protest the inequality of wealth and power. The UC office of the President is also closed today over concerns that BART might be shut down at some point and more than 1,000 people who work in the building wouldn't be able to get to or from work.

The city of Oakland is open for business, and contrary to rumors, the Port of Oakland is not shut down, said ILWU spokesman Craig Merrilees. About 40 longshore workers out of about 325 expected on the morning shift didn't show up, however trucks are going through the gates and cranes are moving cargo on and off the ships.

meanwhile, protestors prepare for the g20 gathering in cannes...



The placard above these two children reads, "Not for sale." Protesters in
the French city of Nice came with an array of complaints of the current
global financial system, including what they regard as unfair labor laws
and insufficient taxes on the world's highest earners.


Protesters were out in Nice, France on Tuesday, urging representatives of
leading rich and developing nations to devote fewer efforts to helping major
banks and corporations and more to ensuring a fairer distribution of wealth.

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Change Bernanke's medication and let him face Pittsburgh's 93,700 jobless

greg palast on the obama's letter to the g20 players that has still not been released by the wall street journal...

If Bernanke and Obama were truly concerned about preserving jobs, they would have required banks loaded with taxpayer bail-out loot to lend these funds to consumers and business. China did so, ordering its banks to increase credit. And boy, did they, expanding credit by an eye-popping 30%, rocketing China's economy out of recession and into double-digit growth.

But the Obama Administration has gone the opposite way. The White House letter to the G-20 calls for slowly increasing bank reserves, and that can only cause a tight credit market to tighten further.

It's not that the White House completely ignores job losses. The US letter suggests, "The G-20 should commit to ... income support for the unemployed." You can imagine the Europeans, who already have generous unemployment benefits--most without time limits--turning purple over that one. America's stingy unemployment compensation extension under the Stimulus Plan is already beginning to expire with no live proposal to continue aid for the jobless victims of this recession.

The Europeans are so cute when they're angry, when they pound their little fists. Obama assumes he can ignore them. The EU, once the big player in the G-7, has seen its members' status diluted into the G-20, where the BRIC powers (Brazil, Russia, India and China) now flex their muscles. But Europeans have a thing or two to teach Americans about the economics of the twilight of empire.

Maybe the differences are cultural, not economic; that Europeans lack America's Manifest Destiny can-do optimism.

So, to give the visitors a taste of the yes-we-can spirit, Obama should invite Pittsburgh's 93,700 jobless to the G-20 meet to celebrate that 35% rise in the stock market.

Or -- my own suggestion -- change Bernanke's medication.

all the euphoria about the recession being over is solely due to the fact that the super-rich elites are once again raking it in... the millions of poor bastards who are out on the street looking for work ain't gettin' nothing but lip service...

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The economy suffers as the super-rich elites - a/k/a G20 - prepare to meet, greet, eat and determine our fate

paul craig roberts debunks the spin that the recession is over...

Americans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over.

[...]

Refreshed with the TARP $700 billion and the Federal Reserve’s expanded balance sheet, banks are again behaving like hedge funds. Leveraged speculation is producing another bubble with the current stock market rally, which is not a sign of economic recovery but is the final savaging of Americans’ wealth by a few investment banks and their Washington friends. Goldman Sachs, rolling in profits, announced six figure bonuses to employees.

The rest of America is suffering terribly.

The unemployment rate, as reported, is a fiction and has been since the Clinton administration. The unemployment rate does not include jobless Americans who have been unemployed for more than a year and have given up on finding work. The reported 10% unemployment rate is understated by the millions of Americans who are suffering long-term unemployment and are no longer counted as unemployed. As each month passes, unemployed Americans drop off the unemployment role due to nothing except the passing of time.

craig hedges suggests that, despite the heavy-handed security presence, we seize the opportunity to show our masters just how displeased we are at the treatment we've been receiving at their hands...

The draconian security measures put in place to silence dissent in Pittsburgh are disproportionate to any actual security concern. They are a response not to a real threat, but to the fear gripping the established centers of power. The power elite grasps, even if we do not, the massive fraud and theft being undertaken to save a criminal class on Wall Street and international speculators of the kinds who were executed in other periods of human history. They know the awful cost this plundering of state treasuries will impose on workers, who will become a permanent underclass. And they also know that once this is clear to the rest of us, rebellion will no longer be a foreign concept.

The delegates to the G-20, the gathering of the world's wealthiest nations, will consequently be protected by a National Guard combat battalion, recently returned from Iraq. The battalion will shut down the area around the city center, man checkpoints and patrol the streets in combat gear. Pittsburgh has augmented the city's police force of 1,000 with an additional 3,000 officers. Helicopters have begun to buzz gatherings in city parks, buses driven to Pittsburgh to provide food to protesters have been impounded, activists have been detained, and permits to camp in the city parks have been denied. Web sites belonging to resistance groups have been hacked and trashed, and many groups suspect that they have been infiltrated and that their phones and e-mail accounts are being monitored.

[...]

Our global economy, like our political system, has been hijacked by a tiny oligarchy, composed mostly of wealthy white men who serve corporations. They have pledged or raised a staggering $18 trillion, looted largely from state treasuries, to prop up banks and other financial institutions that engaged in suicidal acts of speculation and ruined the world economy. They have formulated trade deals so corporations can speculate across borders with currency, food and natural resources even as, according to the Food and Agriculture Organization (FAO) of the United Nations, 1.02 billion people on the planet struggle with hunger.

[...]

But the game is up. The utopian dreams of globalization have been exposed as a sham. Force is all the elite have left. We are living through one of civilization's great seismic reversals. The ideology of globalization, like all utopias that are sold as inevitable and irreversible, has become a farce. The power elite, perplexed and confused, cling to the disastrous principles of globalization and its outdated language to mask the political and economic vacuum before us. The absurd idea that the marketplace alone should determine economic and political constructs caused the crisis. It led the G-20 to sacrifice other areas of human importance-from working conditions, to taxation, to child labor, to hunger, to health and pollution-on the altar of free trade. It left the world's poor worse off and the United States with the largest deficits in human history.

[...]

The institutions that once provided alternative sources of power, including the press, government, agencies of religion, universities and labor unions, have proved morally bankrupt. They no longer provide a space for voices of moral autonomy. No one will save us now but ourselves.

none of this is news, of course... most of us - at least the people i know and the folks who read this blog - are acutely aware of the situation... why i even bother with posting this kind of doom and gloom is in the hopes that the downfall of our merciless handlers will somehow accelerate...

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