Re: [Marxism] Bolton: Israel 'will attack Iran' before new USpresident in office, especially if it's Obama

["S. Artesian" <sartesian@xxxxxxxxxxxxx>]

Marvin,

You ought to spend a little less time honing your sarcasm and a lot more 
time actually looking at economic data.  I don't mean to appear rude or 
crude-- but you really don't seem to have the slightest understanding of 
capitalism.

My thesis is that the war was made necessary by overproduction and the 
decline in profits; that the war was part and parcel, whole and piece, body 
and soul, of all those things that make US capitalism such a joy to behold 
and endure (that's my sarcasm).  That includes:  restriction on capital 
expenditures; serious reduction in the numbers of manufacturing workers; 
maintaining higher productivity levels; declining unit labor costs; 
increases in oil prices with the saber-rattling, (and the actual invasion 
actually), "counter-cyclical" to petroleum earnings, i.e. earnings need a 
boost?  Time to threaten Iran; declining dollar; and yes, Marvin an actual, 
and sustained increase in U.S. exports; all of this capped by record 
earnings quarter upon quarter for Wall Street investment banks.

As for burning oil fields-- that was Gulf War 1, not 2.  Very little of that 
occurred in Iraq.  Production was kept off-line however, and yes, the oil 
companies loved that.  Positively.  Look at their earnings.

Until of course all these things, these remedies for overproduction flipped 
and the "recovery" precipitated further overproduction.

Shameless self-promotion:  If you have actual interest in "my thesis" you 
can look : http://thewolfatthedoor.blogspot.com



----- Original Message ----- 
From: "Marvin Gandall" <marvgandall@xxxxxxxxxxxx>
To: <sartesian@xxxxxxxxxxxxx>
Sent: Saturday, June 28, 2008 10:45 AM
Subject: Re: [Marxism] Bolton: Israel 'will attack Iran' before new 
USpresident in office, especially if it's Obama



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