Enron: Friends in High Places

Enron and its employees were the largest contributors to president Bush’s campaigns over the years, and Enron gave more money to politicians in the last election cycle than did any other energy company. Since 1993, its employees and its chairman, Kenneth L. Lay, have donated nearly 2 million dollars to Mr.Bush. In the 2000 election … [Read more…]

Picking Up The Pieces At Dabhol As Enron Implodes

Enron effectively imploded on Wednesday, November 28, with Dynegy refusing to go ahead with its proposed merger deal. Enron’s shares are now trading for only a few cents and Enron is now heading towards an inevitable bankruptcy, if not liquidation. This has brought to an ignominious end a high profile, new-economy company, which many believed … [Read more…]

New World Order in Deep Trouble

The North Atlantic Treaty Organisation (NATO) was founded in April 1949 with the supposed aim of defending the “free world” from “godless communism”. Curiously, however, in over half a century of its existence it did not once invoke article 5 of the treaty, which calls on signatories to come to the military defence of any … [Read more…]

Behold! A Palestinian state is being born

Since the beginning of the al-Aqsa Intifada, nearly 900 Palestinians have been killed by the Israeli army and Zionist settlers, and 25,000 injured. During the same period 263 Israelis have died and 800 injured. Of those killed on the Palestinian side, 150 were under the age of 18, as compared to 31 Israeli minors killed … [Read more…]

The British Left and The War Against Imperialism

Every day throughout the world an estimated 55,000 people are killed by malnutrition. Many more are killed by diseases that are easily preventable. Behind these deaths lie the many agreements forced upon the oppressed nations by bankers, politicians and generals from across the imperialist world. As the crisis of the world economy has deepened it … [Read more…]

The Significance of the September 11th Events

“Every crisis”, observed Lenin, “casts off the conventional, tears away outer wrappings, sweeps away the obsolete and reveals the underlying springs and forces.” In making this observation, Lenin had in mind the epoch of crisis for the nations of western Europe, and for the entire imperialist system, caused by the first world war. His observation … [Read more…]