200,000 Protest Unemployment in Spain

With a 38% unemployment rate after the construction boom busted as a result of the global financial crisis, Spain is at a turning point:

Last Saturday 12 December, 200,000 people attended a mass demonstration in Madrid organised by Spain’s biggest trade unions, the UGT and CCOO. The demonstration represented the first opportunity for the working class and young people in Spain, a country devastated by the crisis, with over 4 million unemployed, plummeting living standards, to give a national expression of the boiling anger that has developed in the last period. Despite a relative blackout in the capitalist media in the build up to the demonstration, the massive turnout, with thousands-strong delegations from all of the Spanish state’s regions, was an impressive show of strength. However, a striking feature of the demonstration was the veritable gulf separating the protest’s participants from the union leaders, as far as militancy and the willingness to fight is concerned.

14-Dec-2009. Byrne, Danny. 200,000 take to the streets in Madrid. Socialist World.Net

Hugo Chavez Threatens US Oil Supply

In response to Exxon's aggressive tactics of "judicial terrorism", President Chavez of Venezuela has threatened an oil embargo against the United States.

Meanwhile, the US and international media circus is using this scenario in their continued "Howard Dean Howl" campaign against Chavez.

Most recently the (CIA) coordinated ¿Por qué no te callas? smear campaign gained a lot of traction in the Spanish speaking world. Ironically, Chavez was correct in saying that Spain's King Juan Carlos is a fascist collaborator- it is historical fact ("The king, who spent much of his early life in exile and was groomed by Gen Francisco Franco, the fascist dictator [of Spain], as his successor" - and he's still at it!). What kind of world do we live in where fascists are made out to be heroes whereas socialists and idealists are made out to be fools? Who actually won WWII?

The goal of these campaigns is to discredit and undermine Chavez, make him out to be a fool, and thereby undermine the entire socialist project in Venezuela.

Venezuela's Energy Minister, Rafael Ramirez, characterised a series of court orders obtained by Exxon Mobil Corp. in Britain, the Netherlands, and the Dutch Antilles, freezing up to $12 billion in assets of Venezuelan state oil firm PDVSA, as "judicial terrorism," in a statement today.

The injunctions were solicited by Exxon in anticipation of an arbitration ruling by the International Centre for Settlement of Investment Disputes over a compensation claim. As part of a drive to recover the nation's oil sovereignty the Venezuelan government nationalized Exxon's 41.7 percent stake in the Cerro Negro project in May last year with an offer for compensation. However, Exxon not satisfied, demanded arbitration. Although the U.S. oil giant has not specified how much it wants in compensation it said its investment in the project was valued at $750 million at the time the assets were expropriated.

Note that the judicial process has threatened to freeze between 12-43 billion in PDVSA assets, whereas Venezuela has been in ongoing negotiations with Exxon regarding only $750 million in compensation.

continued...

"This is pure judicial terrorism," Ramirez told reporters in Caracas. "If they think that with this they will get us to backtrack on our nationalization policies, well, gentleman from Exxon Mobil, you are dead wrong again."

Exxon presented the documents to the Federal Court in Manhattan on Thursday and is petitioning the court to ratify the injunctions in a hearing scheduled for February 13. However, Ramirez said the injunctions are temporary as all the court orders are subject to appeal.

"We don't have any decision in any court that is definitive. We have a temporary measure in a court in New York and we have the right to respond, that is to say a transitory measure and we are sure that we are going to defeat this measure," he assured.

The London High Court order was granted on Jan. 24 without any prior notice to the Venezuelan oil company. The next hearing on the matter is scheduled for Feb. 22.

Until then, PDVSA is barred from removing any assets in England or Wales up to a value of $12 billion. While attachment orders from courts in the Netherlands and Netherlands Antilles also grant injunctions up to $12 billion against PDVSA in these jurisdictions, Margaret Ross, an Exxon spokesperson in Houston, said the sum total that could be frozen worldwide was $12 billion.

It is interesting the way that Exxon is promoting this court ruling. It seems to be part of an integrated media campaign designed less to cripple PDVSA or recoup the $750 million, and more to continue the cycle of discrediting Chavez while attempting to create a crisis on the ground in Venezuela. A recent CIA report characterized Venezuela as a regional threat to US interests. One of the challenges they highlighted was that the ruling classes of Venezuela were being co-opted by the socialist reforms because they were in fact very good for the economy and creating profits. These types of smear tactics are designed to get those people to feel uncomfortable with Chavez and to join the opposition.

continued...

Ramirez said that PDVSA's assets in the jurisdictions covered by those countries are valued at significantly less than $12 billion and emphasised that the decision would not affect the company's cash flow and operational capacity. PDVSA's global assets are valued at $107 billion, he added.

However, the injunction could affect PDVSA's European refining assets, particularly a 50% share in German joint venture Ruhr Oel, which according to filings PDVSA made with the U.S. Securities and Exchange Commission in 2006, were held through a Netherlands Company PDV Europa BV.

In the context of soaring energy prices, the move by Exxon is a particularly aggressive challenge to governments around the world who are trying to recuperate soveriegnty over their natural resources.
"To me it sounds like a very aggressive tactic," said Stephen Zamora, professor of international law at the University of Houston Law Center.

"I can't really say that I'm aware this has been used in other investment disputes. They may be trying to get the government to settle."

What? A new tool being used by international capital to undermine socialist revolution? They are changing the rules? They are making a small country that is trying to travel a different path play by different rules than they play by? Golly that just ain't fair!

continued...

Patrick Esteruelas, of the Eurasia Group in New York commented, "Although Exxon is within their rights to persue a temporary embargo of PDVSA assets they will probably have to prove that PDVSA has no intention of compensating them."

"However, PDVSA has been very careful to insist that they will still negotiate with Exxon to achieve an acceptable compromise," he added.

Ramirez said the media publicity was a result of Exxon trying to "scratch a figure into the negotiating table" to affect compensation talks and said the world's largest oil company's compensation demands were "ridiculous."

He also accused the US company of using the legal case to destabilize Venezuela, by creating panic over its finances, as the country's dollar denominated bonds experienced their sharpest drop in six months on fears the government could face a protracted legal battle with the oil giant.

PDVSA, which supplies about 10% of the U.S's oil, is a crucial source of funds for the Venezuelan government's social programs that provide free education and healthcare to the poor. In 2006, the company spent $13.3 billion on such programs, up from $6.9 billion in 2005 and more than double the $5.8 billion it invested in new domestic gas and oil projects.

Fox News hates this. The neo-fascists (and neo-liberals for that matter) continually claim that PDVSA is wrong to use its profits to rebuild Venezuela.

continued...

Ramirez said that the interests of the Venezuelan nation were more important than any corporation and assured that Venezuela would not back down from its policy of full oil sovereignty. We are "being attacked by a transnational corporation," but, "we are not going to back down, we are going to beat them in this battle," he said.

Caracas, February 8, 2008 (venezuelanalysis.com)

See also:
http://www.bloomberg.com/apps/news?pid=20601086&sid=aCQq4aSyDsI4&refer=latin_america

Abraham Lincoln Brigade Veteran Dies at 92

A dedication to Moe Fishman posted by some new friends on the blog "An Unrepentant Communist.....":

Fishman (1915-2007) the seemingly indestructible Moe Fishman, the public face of the Veterans of the Abraham Lincoln Brigade (VALB) for more than half a century, died of pancreatic cancer on August 6, 2007 in New York. He was 92. Born in New York on September 28, 1915, Fishman left school during the Depression and became a laundry worker and truck driver. He participated in unionizing his fellow workers and found a commitment to social justice issues as a member of the Young Communist League. When war broke out in Spain, Fishman volunteered to fight, but was rejected for lack of military experience. However, his skill as a truck driver was needed and a second application for service was accepted—with the proviso that he recruit ten other volunteers. Fishman quickly found the men, though none actually showed up. The recruiters took him anyway. He arrived in Spain in April 1937 and trained as a foot soldier in the George Washington battalion. He was wounded during the battle of Brunete, his first action. He spent a year in convalescence in Spain; the injury left him with a lifelong limp.Back home in New York, Fishman stayed in touch with humanitarian aid organizations providing assistance for the civilian refugees of the Spanish Civil War.

SALUD! to Moe Fishman (1915-2007)

A Real Speach About Freedom

'How does man live in denial in vain/by giving rules that prohibit and condemn?'

I am cross posting this from the blog All Spin Zone. Spainish Socialists are doing great things to advance freedom for all people and are pointing the way to a better future.

All Spin Zone said: If you haven't yet read Prime Minister Jose Luis Rodriguez Zapatero's speech yet, you should. It was delivered to the Spanish parliament on the occasion of the historic passsage of Spain's gay rights legislation.

We are not legislating, honorable members, for people far away and not known by us. We are enlarging the opportunity for happiness to our neighbors, our co-workers, our friends and, our families: at the same time we are making a more decent society, because a decent society is one that does not humiliate its members.

In the poem 'The Family,' our [gay] poet Luis Cernuda was sorry because, 'How does man live in denial in vain/by giving rules that prohibit and condemn?' Today, the Spanish society answers to a group of people who, during many years have, been humiliated, whose rights have been ignored, whose dignity has been offended, their identity denied, and their liberty oppressed. Today the Spanish society grants them the respect they deserve, recognizes their rights, restores their dignity, affirms their identity, and restores their liberty.

It is true that they are only a minority, but their triumph is everyone's triumph. It is also the triumph of those who oppose this law, even though they do not know this yet: because it is the triumph of Liberty. Their victory makes all of us (even those who oppose the law) better people, it makes our society better. Honorable members, There is no damage to marriage or to the concept of family in allowing two people of the same sex to get married. To the contrary, what happens is this class of Spanish citizens get the potential to organize their lives with the rights and privileges of marriage and family. There is no danger to the institution of marriage, but precisely the opposite: this law enhances and respects marriage.

Today, conscious that some people and institutions are in a profound disagreement with this change in our civil law, I wish to express that, like other reforms to the marriage code that preceded this one, this law will generate no evil, that its only consequence will be the avoiding of senseless suffering of decent human beings. A society that avoids senseless suffering of decent human beings is a better society.

With the approval of this Bill, our country takes another step in the path of liberty and tolerance that was begun by the democratic change of government. Our children will look at us incredulously if we tell them that many years ago, our mothers had less rights than our fathers, or if we tell them that people had to stay married against their will even though they were unable to share their lives. Today we can offer them a beautiful lesson: every right gained, each access to liberty has been the result of the struggle and sacrifice of many people that deserve our recognition and praise.

Today we demonstrate with this Bill that societies can better themselves and can cross barriers and create tolerance by putting a stop to the unhappiness and humiliation of some of our citizens. Today, for many of our countrymen, comes the day predicted by Kavafis [the great Greek gay poet] one century ago: 'Later 'twas said of the most perfect society/someone else, made like me/certainly will come out and act freely.'

[translated by the journalist Rex Wockner]