[lbo-talk] the cushy life

Yoshie Furuhashi furuhashi.1 at osu.edu
Tue Jan 25 01:37:21 PST 2005


andie nachgeborenen andie_nachgeborenen at yahoo.com, Mon Jan 24 10:24:50 PST 2005:
>>Why shouldn't people buy houses any way they can and enjoy them
>>now, and if a perfect storm hits, unite as debtors and demand a
>>moratorium on foreclosures of owner-occupied homes?
>> --
>>Yoshie
>
>Sure,a nd why don't they run all their credit cards up to the max
>and then demand debt forgiveness through an organized mass movement?
>Why don't they all unite and take Friday's off and form mighty
>unions to force the bosses to like it? Why don't they just overthrow
>the rule of capital and be done with it?
>
>Yoshie, I'd say sometimes you don't live in this world, but I know
>where you live. Get off the computer, go out into working class
>districts of Columbus, and make this proposal you made to us, see
>where it gets you.

My proposal for a moratoruum on foreclosures on homes was qualified by a clause "if a perfect storm hits," which hasn't hit the United States yet. One hit Argentina, though. When that happened, Argentine workers elected Nestor Kirchner, who, among other things. "endorsed a moratorium on single-family home foreclosures -- a move that defied IMF criteria for debt restructuring but bought breathing room for many of the 250,000 homeowners on the verge of default" (Carol J. Williams, "IMF May Ease Its Stance on Argentine Debt," Los Angeles Times, July 19, 2003, <http://www.globalpolicy.org/socecon/bwi-wto/imf/2003/0719debt.htm>). Why shouldn't American workers embrace the same measure if they experience something similar to Argentine workers? After all, the American dream is home ownership. We'll present ourselves as defenders of the American dream! -- Yoshie

* Critical Montages: <http://montages.blogspot.com/> * Greens for Nader: <http://greensfornader.net/> * Bring Them Home Now! <http://www.bringthemhomenow.org/> * OSU-GESO: <http://www.osu-geso.org/> * Calendars of Events in Columbus: <http://sif.org.ohio-state.edu/calendar.html>, <http://www.freepress.org/calendar.php>, & <http://www.cpanews.org/> * Student International Forum: <http://sif.org.ohio-state.edu/> * Committee for Justice in Palestine: <http://www.osudivest.org/> * Al-Awda-Ohio: <http://groups.yahoo.com/group/Al-Awda-Ohio> * Solidarity: <http://www.solidarity-us.org/>



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