Fight Back! News

News and Views from the People's Struggle

Capitalism and Economy

By staff

Linden Gawboy (left) with Leslie Parks (center)

Minneapolis, MN – Friends, neighbors and supporters of Leslie Parks, a longtime resident of south Minneapolis who is facing foreclosure, gathered in front of her home Nov. 19, to demand that her mortgage holder – IndyMac – come to the table and reach an agreement that allows Parks to remain in her home.

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By Kosta Harlan

Students protest at UNC Board of Trustees meeting

Chapel Hill, NC – Twenty students picketed the Board of Trustees meeting, Nov. 18, as the trustees voted to increase out-of-state tuition by $1162 for the coming year at the University of North Carolina-Chapel Hill. The protest was called by Students Against Budget Cuts and Tuition Hikes.

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By Kosta Harlan

Hundreds of students protest the UC Regents meeting at UCLA.

Los Angeles, CA – As of Nov. 18, dozens of tents are cropping up on UCLA’s quad as over 100 students begin a tent city, part of an all-night protest against the budget cuts, layoffs and tuition hikes in the University of California (UC) system. The students are waiting for buses filled with trade unionists and students from across the UC system to arrive in the early morning hours, in time for massive protests on Nov. 19 and 20.

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By staff

Leslie Parks speaks out against eviction at her home

Minneapolis, MN – Over 50 people gathered at the home of Leslie Parks, Nov. 13, to declare solidarity for Leslie Parks and her mother as they fight foreclosure and eviction.

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By Adam Price

San José, CA – On Friday, Nov. 6, the Labor Department reported that the official unemployment rate for October rose to 10.2%, from 9.8% in September. This is the first time since 1983 that the unemployment rate has topped 10%. A survey of businesses showed that 190,000 more jobs were lost in October, bringing the total number of jobs lost since the recession began in December 2007 to 7.3 million. These figures were worse than what mainstream economists expected and confirmed the fact that there is no recovery for working people.

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By staff

Armando Robles, president of UE Local 1110

Chicago, IL – The American Bankers Association met here the week of Oct. 26, in luxury hotels, spending millions for their comfort. Outside, 2500 working people marched and chanted, “You got bailed out, we got sold out!”

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By staff

Leslie Parks speaking at mass meeting of MN Coalition for a People's Bailout.

Minneapolis, MN – More than 50 people gathered here, for an Oct. 28 mass community meeting to demand a moratorium on foreclosures and for protections for renters in foreclosed properties. Organized by the Minnesota Coalition for a People's Bailout, the meeting brought together people facing foreclosures, trade unionists, welfare rights activists and concerned members of the community.

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By mick

Linden Gawboy (left) , Welfare Rights Committee and Steff Yorek of Freedom Road

Activists from the welfare rights, labor, immigrant rights and anti-war movements filled May Day books store here, for a forum called 'Capitalism in crisis; fighting back in hard times,' Oct. 25. Speakers included Steff Yorek of Freedom Road Socialist Organization and Linden Gawboy of the Welfare Rights Committee and the Minnesota Coalition for a People's Bailout, along with labor and student activists.

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By Jacob Flom

SDS Milwaukee banner reads "Education is a right, Students Fight Tuition Hike!"

Since the near collapse of the banking system, Americans have paid billions to banks that are now making record profits. Meanwhile, students, workers and homeowners are facing unforgivable unemployment, homelessness and debt. In spite of this, the Obama administration continues to escalate the occupation of Afghanistan and maintain troops in Iraq, adding trillions to this country's deficit and financial crisis. It is the working people who will pay for these wars, just as we are paying for bailouts to greedy banks.

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By Doug Michel

Movie poster for Capitalism: A Love Story

Michael Moore has done it again, only this time he's coming out strong against the most pervasive evil in the United States: capitalism. Moore serves to moviegoers a searing critique of capitalism that is well needed during the worst economic crisis since the Great Depression.

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