The incoming Obama administration has begun putting new bailout plans into action for nearly-bankrupt auto companies GM and Chrysler. The most recent “rescue packages” have come with more than a few strings attached. As the economic crisis deepens, the bosses will seek to unload the burden onto workers’ shoulders. This underlines the need for militant, class struggle policies in the unions to place the burden of the crisis where it belongs: with the bosses!
On Friday, February 27th, after a round of congratulations for the imperialist war leaders, Barack Obama explained the course that the Iraq War would take under his administration. Far from an honest depiction of the war, Obama's speech glorified the war, painting it in the language of poetic nationalism and with heroic lingo.
A major clash between the classes has taken place in El Salvador. One of the most reactionary ruling classes in Latin America has been kicked out of office. The masses once again defeated the scandalous electoral fraud that was being prepared by ARENA, the reactionary right wing party founded by anti-communist death squad leader Roberto D'Aubisson. The ruling class, reluctantly, had to concede the victory of the left wing FMLN in order to prevent a revolutionary explosion.