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Re: [Pen-l] Re: financial melt-down

"Jim Devine" <jdevine03@xxxxxxxxx> writes:

> by the way, here's a mystery: if the financial capitalists are so
> politically strong, why is it that equity-holders (in Bear Stearns,
> AIG, etc.) don't get bailed out?

I believe that the political contributions of financial capitalists
simply buys deregulation not any guarantee of individual successes.  A
comparison might be that the Laborers International is a powerful union,
but no Laborers *local* is guaranteed a good contract.
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