The stock market has surged past its former high recorded in October 2007, before the financial crash and Great Recession. “With the Dow Jones Industrial average [at] a record high,” writes a columnist in a front page article in the New York Times, “the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold”. “That gulf helps explain why stock markets are thriving even as the economy is barely growing and unemployment remains stubbornly high.
In a five-to-four split decision, the Supreme Court ruled that, in effect, no citizen may challenge the constitutionality of any of the executive orders, or laws passed by Congress, that violate democratic rights under the pretext of the “war on terrorism.” The decision was in response to a lawsuit filed by the American Civil Liberties Union (ACLU), Amnesty International, Global Rights, Global Fund for Women, Human rights Watch, PEN American Center, Service Employees International Union, journalists Naomi Klein and Chris Hedges, and several defense attorneys.
At first it appeared to be another too common American story. A worker with a grievance goes on a deadly shooting spree, targeting his bosses and coworkers. It quickly turned out that the killer was a former officer of the Los Angeles Police Department, who vowed to shoot as many of his former officers as he can, as well as their family members. The LAPD says the killer is Christopher Dorner, who shot and killed a young woman who was the daughter of a former police captain, as well as her fiance. He then ambushed a police car, killing one officer and wounding another.
President Barack Obama's nomination of John Brennan to head the CIA underscores the administration's drive to assert absolute executive power in the “war on terrorism” without any outside constraints or possibility of review. Brennan was a public defender of the use of torture and "special rendition" under the Bush administration.
The horrific murders of 20 children aged six and seven, along with six adults, at a school in Newtown, Connecticut, in December has ignited a debate about gun violence in the US. This was the latest in a series of such massacres to occur at schools, malls, religious institutions, theatres and similar places over the past few decades. In many of these instances, rapid-fire military-style weapons were used that sprayed big numbers of bullets in seconds, as was the case in Newtown.
The January 1 deadline for the so-called fiscal cliff has come and gone without resolving anything. In a last minute agreement, taxes were raised a little bit on the wealthiest, with rates going back to what they were under the Clinton administration in the 1990s. But nothing was done to close the “loopholes” through which the rich evade taxes, and indeed, some new loopholes were created.
In the recent elections, Latinos, Asians and Blacks voted against the extreme racist policies and rhetoric of the Republicans. A central plank in the Republican onslaught has been attacks on immigrants who lack documents. Romney said he would make life so miserable for them they would “self-deport”. In the aftermath of the elections, immigrant youth without papers have remobilised to fight for their own rights and for citizenship for all of up to 12 million undocumented migrants working in the US.
To believe the capitalist media, there is a specter haunting the US — the danger that we are about to fall over a fiscal cliff come January 1. This is presented as if it were a natural phenomenon, a physical cliff the nation is hurtling toward — something must be done before we go over and crash on the rocks below! President Barack Obama, the Democrats and Republicans in Congress must come to a compromise to avoid the impending catastrophe, we are repeatedly told.
The capitalist press has been overloaded with the sex scandal of General David Petraeus, former commander US troops in Iraq and Afghanistan, and his resignation as head of the CIA. The story has morphed into something wider, drawing in other high officers. I’ll return to the saga of the “Real Housewives of the High Command” below, but first I want to discuss a story that has received only scant attention, about one of the grunts who was on the ground in Afghanistan.
The outcome of the United States November 6 elections was the best possible one for the interests of the ruling class, even if some of them don’t understand this. The best candidate to defend their interests, Barack Obama, retained the presidency. The Democrats control the Senate, and the Republicans the House of Representatives. This is a quite pleasant configuration from their point of view. Before looking at why this is the case, I will look at other important results of the elections.