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STRIKE! STRIKE! STRIKE! STRIKE! STRIKE! STRIKE! STRIKE!
May 1st, 2012 A Day Without the 99%
No Work – No School – No Housework – No Shopping
See below for what we believe to be the most comprehensive list yet compiled of cities where Occupy May Day events are being planned, as well as other resources. Note: This is a living document. Check back for updates! If you have any additional events, please let us know in the comment section of this article. You are encouraged to share this page in as many ways as possible!
May Day
Noam Chomsky
29 April 12
Reader Supported News
eople seem to know about May Day everywhere except where it began, here in the United States of America. That's because those in power have done everything they can to erase its real meaning. For example, Ronald Reagan designated what he called "Law Day" - a day of jingoist fanaticism, like an extra twist of the knife in the labor movement. Today, there is a renewed awareness, energized by the Occupy movement's organizing, around May Day, and its relevance for reform and perhaps eventual revolution.
If you're a serious revolutionary, then you are not looking for an autocratic revolution, but a popular one which will move towards freedom and democracy. That can take place only if a mass of the population is implementing it, carrying it out, and solving problems. They're not going to undertake that commitment, understandably, unless they have discovered for themselves that there are limits to reform.
A sensible revolutionary will try to push reform to the limits, for two good reasons. First, because the reforms can be valuable in themselves. People should have an eight-hour day rather than a twelve-hour day. And in general, we should want to act in accord with decent ethical values.
Secondly, on strategic grounds, you have to show that there are limits to reform. Perhaps sometimes the system will accommodate to needed reforms. If so, well and good. But if it won't, then new questions arise. Perhaps that is a moment when resistance is necessary, steps to overcome the barriers to justified changes. Perhaps the time has come to resort to coercive measures in defense of rights and justice, a form of self-defense. Unless the general population recognizes such measures to be a form of self-defense, they're not going to take part in them, at least they shouldn't.
If you get to a point where the existing institutions will not bend to the popular will, you have to eliminate the institutions.
May Day started here, but then became an international day in support of American workers who were being subjected to brutal violence and judicial punishment.
Today, the struggle continues to celebrate May Day not as a "law day" as defined by political leaders, but as a day whose meaning is decided by the people, a day rooted in organizing and working for a better future for the whole of society.
Are you joining your local May Day march?
(And why not?)
Occupy Wall Street Plans Global Disruption of Status Quo May 1 (Bloomberg) In New York, Occupy Wall Street will join scores of labor organizations observing May 1, traditionally recognized as International Workers’ Day. They plan marches from Union Square to Lower Manhattan and a “pop-up occupation” of Bryant Park on Sixth Avenue, across the street from Bank of America’s Corp.’s 55-story tower. “We call upon people to refrain from shopping, walk out of class, take the day off of work and other creative forms of resistance disrupting the status quo,” organizers said in an April 26 e-mail…Tomorrow, beginning at 8 a.m. in Bryant Park, scheduled events include teach-ins, art performances and a staging area for “direct action and civil disobedience,” such as bank blockades.
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Did you hear the one about the release of the Fed's Lehman Bros. documents?
You won't believe the insipid email. The real juice involves where the guy is today who okayed Lehman's status right before the crash!
Guess.
Working for US!
The Lehman Bankruptcy Docs (Buy LEH!)
30 Apr 2012How awesome is this treasure trove of emails, documents, files et al. placed online by the NY Fed?
Some of the emails between Lehman execs are laughable — naive, silly, hubristic, childish.Enjoy!
But my favorite piece simply has to be the Morgan Stanley research report from June 30 2008 “Overweight Rating” on Lehman Brothers — “Bruised, Not Broken, Poised for Profitability“. 60 days later, Lehman Brothers filed what was then the largest bankruptcy in the United States. This is (literally) what the category “Really Really Bad Call” was invented for.
Who was the author of this steaming piece of shit, and where is he today? Why, he is Patrick Pinschmidt, and he is a Senior Policy Advisor at U.S. Treasury Department! (You could not make up stuff this un-fucking-believable even if you tried). Total awesomeness! (Hat tip Josh)
S T R I K E ! ! !
From Dealbreaker:
Goldman: US Likely Added Only 125,000 Jobs in April (CNBC) The forecast is far lower than the Reuters estimate of 170,000, and the average 177,250 jobs created every month from December to March.
Hedge Funds Bet Against Eurozone (FT) “The deeper balance of payments problems in the eurozone remain unresolved, and cannot be resolved by liquidity assistance alone,” noted Brevan Howard, Europe’s biggest global macro hedge fund in its last letter to investors.Shiller: We Are in an Age of ‘Late Great Depression’ (CNBC) “Our whole economy has been affected by variations in confidence. Central banks are sort of trusted, but the actions they have often affect people’s confidence by appearance rather than substance. We’re not in the most trusting mood now,” Shiller said.
