[lbo-talk] Alas, poor Citibank!

Dennis Claxton ddclaxton at earthlink.net
Wed Nov 7 12:17:44 PST 2007


Doug wrote:


>Building a house, or adding onto or
>remodeling an existing one, is residential investment. It's an
>investment because it lasts for a very long time.

So this is the classical "fixed capital"?


>This is the kind of capitalist logic that made Milo
>Minderbinder one of Catch-22's most hilarious characters.
>
>Carl

Trouble is it works.



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