Fight Back News Service is circulating the following statement from Freedom Road Socialist Organization (FRSO) to the Central Committee, Communist Party of the Philippines.

Trump administration makes bad situation worse

San José, CA – On Monday, December 24, all three major stock market indices smashed the old records for declines on Christmas Eve. The Dow Jones Industrial Average (DJIA) fell more than 650 points or 2.9%, more than twice the 100 year record set back in 1918 when it fell 1.1%. The broader S&P 500 fell 2.7%, to close more than 19% from its record high, and less than 1% away from the 20% drop that would put it in bear market territory and ending an almost ten-year bull market in stocks.

Minneapolis, MN – The Ma’an press agency is reporting, December 23, that once again Israeli authorities are refusing to give Palestinian Christians in Gaza travel permits that would allow them to celebrate Christmas with loved ones in other parts of Palestine, or to visit Bethlehem.

Capitalism’s cycle of boom and bust continues

San José, CA – Casting a shadow on the stock market are the growing number of economic statistics that point to a recession in 2019. Almost all mainstream economic forecasters expect economic growth to slow down in 2019 as the impact of the 2018 tax cuts wear off; the forecast is for 2.4% growth, about the same as in 2017. But few predict a recession.

Minneapolis, MN – President Trump refused to honor the budget agreement made by Democrats and Republicans, demanding funding of his border wall as a part of the Continuing Resolution to fund the federal government. Senator Amy Klobuchar, a potential candidate for president in 2020, had suggested that she is willing to negotiate a deal with Trump to provide funds for a border wall. Fifty people rallied against any deal for funding a border wall at Senator Klobuchar's office on December 20. The protest was co-initiated by Minnesota Caravan Solidarity and the Anti-War Committee.

San José, CA – On Friday, December 21, stock prices fell again, capping the worst week on Wall Street in ten years. Typically, stock prices go up in December, in what many call a “Santa Claus rally.” But not this year. The NASDAQ stock index, which includes many big technology companies, fell 3%, to end 22% below its August high, putting it in bear market territory for only the second time in the last 20 years. The NASDAQ joined the Russell 2000, a stock index of smaller corporations, which went into bear territory earlier in the week. The headline Dow Jones Industrial Average (DJIA) of 30 large companies, and the broader S&P 500 of 500 major corporations also declined to levels just short of a bear market.

Chicago, IL – There are 212 candidates for the 50 seats in the February 19, 2019 Chicago city council elections. Of this total, 38 came out to a December 20 forum in support of an elected civilian police accountability council (CPAC). It’s unusual for so many candidates to be together in one room unless they’re seeking the support of a powerful union or political organization. But this wasn’t an endorsement session. The candidates came to join the movement establish community control over the Chicago Police Department.

San José, CA – At 12:01 a.m. on Saturday, December 22, nine of 15 agencies of the federal government will shut down over President Trump’s demand for a wall on the U.S.-Mexico border. Almost 400,000 federal workers would be furloughed, and another 400,000 so-called essential workers will have to go to work without pay. This comes to about 40% of the 2 million federal government workers. In past shutdowns, federal workers got backpay at a cost of billions of dollars to the government. But there are millions of contractors and contract workers who will probably not be paid, right in the middle of the holiday season.

The following December 21 statement was published by the Vice Presidency of the Bolivarian Republic of Venezuela and was translated by Fight Back! staff.

Fight Back News Service is circulating the following article written by Chinese revolutionary Mao Zedong on the 60th birthday of Joseph Stalin Stalin, Friend of the Chinese People

Los Angeles, CA – This morning, December 19, United Teachers of Los Angeles (UTLA) joined by parents, student and supporters, announced they will strike on Thursday, January 10, 2019. Centro CSO urges parents and students to join the picket line at their local school to stand united with our teachers.

Minneapolis, MN – With national attention focused on the recent death of a seven-year-old girl in Customs and Border Control custody, Senator Amy Klobuchar, a potential candidate for president in 2020, has suggested that she is willing to negotiate a deal with Trump to provide funds for a border wall. Minnesotans, immigrants and allies, will rally against any deal for funding a border wall at Senator Klobuchar's office (1200 Washington Avenue S, Minneapolis) on Thursday, December 20, at 5 p.m.

_Worst December since Great Depression _

San José, CA – On Monday, December 17, U.S. stocks continued to drop. The widely quoted Dow Jones Industrial Average (DJIA) fell more than 500 points, or 2%. The broader S&P 500 and the tech-heavy NASDAQ also fell more than 2%. All the major stock indices are now down in double digits from their record highs this year, and the Russell 2000, an index of smaller companies, is now in an official ‘bear market,’ as it fell to a level more than 20% below its all-time high. U.S. stocks are deeper in negative territory for the year and have had their worst December since 1931, during the Great Depression.

Fight Back News Service is circulating the following December 17 statement from the Communist Party of the Philippines (CPP)

Chicago, IL – Chicago teachers Union (CTU) teachers and paraprofessionals in the Acero/UNO charter network have voted overwhelmingly to ratify a new contract that will dramatically improve teaching and learning conditions in the charter network’s 15 campuses across Chicago. The wins were achieved after a historic five-day strike that saw hundreds of union educators and paraprofessionals take to the streets to demand a fair contract, joined by parents, students and allies calling for change at schools run by Acero. Growing numbers of elected officials joined in the call for a decent contract and accountability from charter executives.

Chicago, IL – International Revolutionary Day convened at noon, at Ground Zero, as it does every year on December 4 here in Chicago. The Black Panther Party Cubs refer to 2337 W. Monroe as Ground Zero and say the Black community's 9/11 occurred here 1969 – with the government assassination of Illinois Black Panther Party Chairman Fred Hampton, Sr. and Peoria Chapter Defense Captain Mark Clark.

Buffalo, NY – The United Steelworkers (USW) and International Brotherhood of Electrical Workers (IBEW) announced December 13 that workers at Tesla’s solar panel factory in Buffalo will hold a union organizing drive.

Minneapolis, MN – On December 8 the MN Anti-War Committee celebrated its 20th anniversary at the Hook & Ladder Theater in Minneapolis. The event featured music by Chickpea, Garbanzo and Refried, Mestifonia, Calliope Women’s Chorus and the Unlawful Assembly marching band. Interspersed through the event were spoken word artists Angelica and Aisha, Paul Dosh and the Anti-War Committee’s own Misty Rowan. The event had toasts from local activists celebrating the contributions the Anti-War Committee has made to fighting U.S. imperialism and to helping build social movements of resistance in the Twin Cities.

New York, NY – Around 60 New Yorkers gathered in front of the Consulate General of the Philippines, December 10, in Manhattan to mark the 70th anniversary of Human Rights Day. On this day in 1948 the United Nations General Assembly ratified the Universal Declaration of Human Rights (UDHR).

New York, NY – Around 60 New Yorkers gathered in front of the Consulate General of the Philippines, December 10, in Manhattan to mark the 70th anniversary of Human Rights Day. On this day in 1948 the United Nations General Assembly ratified the Universal Declaration of Human Rights (UDHR).