
Old friends from the Committee for Full Enjoyment, drumming during last night's Dia de los Muertos in San Francisco. (see below)
Haven’t been blogging much lately… The election is dominating airspace, and though it’s not dominating the small space between my ears, I haven’t been able to focus on any good themes to blog about lately. I’m reading the People’s History of the Civil War and Framing the Black Panthers, both good books, both kind of slow reading. I figured it would be good background reading during the election of Obama, even though he’s as far removed from the issues of slavery and 1960s’ black militance as you can get and still be black…
I hope he wins. It’ll be much more interesting than the other option, but a day ahead of the election, I still wonder if we won’t be “shocked” by the news that McCain somehow pulled out a dozen states that he wasn’t expected to win, while charges of electronic fraud and broken machines, and lack of ballots, pile up all over the place. Democracy Now! covered the story of a guy who is being deposed today, a fellow accused of masterminding the election fraud perpetrated by Cheney/bush in 2000 and 2004, by forwarding the results from various states like Ohio to an intermediary computer in Tennessee where of course the results were doctored to suit their goals.
Probably we’ll have President Obama, and then it’ll be interesting to see if he will break with his sponsors at Goldman Sachs and the coal and nuclear industries to pursue the grassroots-supported “Green Economy,” one which is fraught with contradictions itself, but is being pushed by countless small groups, independent political actors, and is somehow embedded in a lot of folks’ deep aspirational psyches… or so it seems. To some extent the analysis in Nowtopia taps this too, though my book of course tries to reframe these aspirations in terms of class and an anti-capitalist agenda.
I’ve been reading a lot at Automatic Earth which is written in England and is just a fantastic clearinghouse of bleak analysis and financial information. The breaking news on a fair number of economically minded websites is that world trade is collapsing. Whatever attention you’ve paid (or not) to the bailouts and the fluctuations of stocks and housing prices, off our radar in the U.S. to a great extent are numbers like the Baltic Exchange Dry Index which measures the cost of shipping worldwide. This article at the TimesOnline UK (via Automatic Earth) gives the latest amazing stats wherein the cost of a Capesize freighter in May 08 was some $230,000 a day, and as of last week the same ship had fallen to about $5,800 a day! Apparently the credit freeze-up has stopped a huge amount of shipping, and we may be entering a period of radical contraction in world trade. That’s not gotten much attention lately during the insanity that passes as “politics” here in the U.S. election crazy season…