[lbo-talk] Kinder, Kuche, Kirche

Doug Henwood dhenwood at panix.com
Thu Apr 10 11:40:46 PDT 2003


Wojtek Sokolowski wrote:


>Have you ever heard of the mahr-velous thing called the credit card? It
>boost short term consumption and fabulous profits from usury, and in a
>long term transfers individual assets (in the form of home equity) to
>the monied class, as most US-ers would mortgage their only asset - the
>Amerikun dream house - rather than go through Chapter 7 bankruptcy.

Eh? 1.5 million filed for bankruptcy last year, and 13 million in the last ten years. If you've got a lot of c.c. debt, act now before it's too late!

Dog



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