[lbo-talk] The over-leveraged consumer

joanna 123hop at comcast.net
Sun Oct 16 16:24:00 PDT 2005


Dennis Redmond wrote:


>I was in one of those lines on Friday. Finally got my filing in, so I've
>officially joined the ranks of the creditless. Tons of people were there,
>most had jobs, families, careers -- the sad story of the US middle class,
>now deemed expendable by the Empire. There was a surprising amount of
>camaraderie, though.
>
It's not so much that they're expendable -- in the long run, they're not. It's just that they're the only ones left to fleece. They've fleeced the unionized workers; they've fleeced the poor. They're not going to fleece the rich; so who does that leave?


>Joanna
>
>



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