[Sosfbay-discuss] [Fwd: [ppjc] Forum Tonight: Understanding the Economic Crisis]

[Gerry Gras]

FYI,

Gerry

NOTE: This event is only 3 or 4 blocks from the California
Avenue Caltrain station.  You have to take the tunnel under
the tracks.


-------- Original Message --------
Subject: [ppjc] Forum Tonight: Understanding the Economic Crisis
Date: Tue, 14 Oct 2008 09:49:03 -0700 (PDT)
From: Peninsula Peace and Justice Center <ppjc at peaceandjustice.org>
To: <gerrygras at earthlink.net>


 >From Peninsula Peace and Justice Center

Tonight - October 14, 7:30 PM

Understanding what goes on behind closed doors...

"Epic Recession, Global Financial Crisis and What It All Means for You"

JACK RASMUS, Ph.D.
Political Economist
Author, The War At Home: The Corporate Offensive from Ronald Reagan to 
George W. Bush

An in-depth examination of the crisis facing Wall Street and what it all 
means for Main Street.
Lecture with a heavy emphasis on audience Q&A.

     "Of course, 'nationalization' to capitalist financial interests is 
a stop-gap measure designed to
     temporarily refloat the markets and institutions at taxpayer 
expense. Once they are financially
     stabilized, the idea is to sell them back to private interests -- 
when they can make a profit once more.
     It's the basic capitalist strategy of socialize the costs and 
privatize the gains -- the essential
     capitalist definition of 'nationalization.'" ~ Jack Rasmus

Jack Rasmus, Ph.D. is the author of several books on Political Economy in
the U.S. His works include the 2006 book The War At Home: The
Corporate Offensive from Ronald Reagan to George W. Bush, a 536-page
analysis of corporate power and economic restructuring in the twentieth
century; and a forthcoming book, The Trillion Dollar Income Shift: Essays
on Income Inequality in America, about the origins and causes of the 
growing
inequalities.  Jack's  newest publication is EPIC Recession and Global
Financial Crisis, about increasing financial instability in the U.S. and 
the
protracted 'epic' recession now emerging in the U.S. and globally.

Jack is also a freelance journalist writing widely on U.S. economic and 
domestic policy topics, and has
published numerous articles in Z Magazine, Critique, In These Times, 
Amandla, Against the Current,
The Dispatcher, and other periodicals.

Read Jack's latest articles at his website.
http://www.kyklosproductions.com/articles.html

Tuesday, October 14, 7:30 PM
Fellowship Hall, First Baptist Church
305 N. California Ave., Palo Alto
$5 ~ $10 suggested donation ||  Wheelcahir accessible

Presented by
Peninsula Peace and Justice Center
www.PeaceandJustice.org  ||  (650) 326-8837

 >>> Be sure to check out our home page every weekday to read the news 
article Pick of the
Day and watch the Video Pick of the Day.  Go to the PPJC home page now.
http://www.peaceandjustice.org


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