Fwd: Re: class struggle

William S. Lear rael at zopyra.com
Mon Jun 28 06:15:34 PDT 1999


On Saturday, June 26, 1999 at 23:13:08 (-0400) Doug Henwood writes:
>[I asked Jamie Galbraith about his Nation edit, and here's his
>response. He ok'd forwarding this. - Doug]
>
>From: "James K. Galbraith" <Galbraith at mail.utexas.edu>
>Subject: Re: class struggle
>...
> .... The game is really about reducing credit
>access at the low end; bankers do not like making 75K mortgages to
>secretaries and nurses.

This sounds like a credible explanation. Doug, do you agree with it?

Bill



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