Marxism
mailing list archive

Other Periods  | Other mailing lists  | Search  ]

Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

Re: [Marxism] Post calls the Bottom!!! Buy! Buy! Buy! Re: Post on



This is just embarrassing nonsense.

Let's see:

* All the top investment banks gone.---- not all.
* The world's largest insurance company nationalized.--- I would not call in
nationalization
* Freddie and Fannie nationalized.- Again, nationalized?
* Huge liquidity crisis.
* National Debt more than doubled.---- No the national debt is approching $10
trillion, the Feds have spent about $1.7
* Fed lent up to its eyebrows.
* The capitalisation machine in ruins.
* States slashing budgets - and some unable to meet them. --- States or state?
* Banks toppling in Europe.
* Domestic profits in decline--- they have been in decline sine 2001 or before

And this is no big deal?--- Who said it was no big deal? Not Post, he simply
said it will not fall on its own, it has to be pushed.

The state is not some kind of magician that can fix any crisis.---It has up till
now.
It doesn't have the resources to do so any longer - without first a truly
massive attack on the middle class (the working class has largely been whittled
to the bone already).--- Exactly, that is the point. It will not kill itself.
It will come after you and your children, so we must fight.
That's already under way - do check your pension fund results ...--- It will be
alot worse than simply your pension fund, which only impacts about 40% of
workers anyway. What it has done to home prices and workers assets in their
homes (workers real pension plan) is far more important than some fucking stock
market.

Brad


________________________________________________
YOU MUST clip all extraneous text when replying to a message.
Send list submissions to: Marxism@xxxxxxxxxxxxxxxxxxx
Set your options at:
http://lists.econ.utah.edu/mailman/options/marxism/archive%40archives.econ.utah.edu



Other Periods  | Other mailing lists  | Search  ]