Sunday, October 19, 2008

Updates

1) If you've recently lost your job and find yourself with lots of time on your hands and are looking for more reasons to be pissed-off or more confirmation of the fact that capitalism truly sucks, or if you're just trying to figure out the short and long-term causes of the current crisis, you'll find your work greatly simplified by visiting this aggregator: Radical Perspectives on the Crisis. Also: good stuff here and here, and translations of Mario Tronti and Alain Badiou weiging in here and here. You can also learn a lot by reading Nouriel Roubini, aka Dr. Doom . . .

2) Last week, the Chicago area (Cook County) Sheriff announced that he would halt all foreclosure-related evictions. Under legal pressure, he has since resumed the evictions. Right now, the Alameda County Sheriff is considering a similar moratorium. You can call the Sheriff's Office and leave a message for the Sergeant of the Civil Branch (the one responsible for evictions), at 510.272.6878. Let them know you support a full moratorium on evictions.

Technically, the Cook County Sheriff's concerns were only with tenants in buildings and homes whose owners were being foreclosed on, and not those who had gotten hustled into bad loans with exploding interest rates. That's not acceptable, of course, but a full moratorium would be, I think, a good pragmatic start, and form one face, ideally, of a larger movement to get debt relief for homeowners (rather than debt relief for the holders of securities), as well as extension of unemployment benefits and other entitlement programs for the poor, money for job creation, health care, infrastructure projects, education, etc., all the stuff we would need to keep this recession/depression from dragging on and weighing down disproportionately on the least well-off, and which, as Mike Davis and everybody else who's paying attention suggests, we're unlikely to get from a victory for Obama and his team of "compassionate" neoliberals. Unless, of course, some people start threatening other people's property. . .

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