[lbo-talk] Obama got Osama

[John Wesley]

VERY PROFOUND DISCOVERY:
I'm afraid that the rich are very much like the rest of us.  They like to spend 
money on themselves.
They are able to use their bloated capital holdings to acquire yachts, 
gold-plated bathroom fixtures, private submarines, MacMansions, and private 
space trips.
That's why there is never any money available for beneficial purposes.
The wealthy certainly don't create more jobs or invest in anything productive, 
and they never will..

It's so obvious that the very basic truth is overlooked!

Mike G.

________________________________
From: Wojtek S <wsoko52 at gmail.com>
To: lbo-talk at lbo-talk.org
Sent: Mon, May 2, 2011 1:31:36 PM
Subject: Re: [lbo-talk] Obama got Osama

ravi: "What I mean is this: of course it is a bullshit claim that
there isn’t enough money to fund anything. But to demonstrate that you
do not need scientific/economic theories about “the productive
potential of modern economy” (or sing paeans to technology)"

[WS:} Actually, you do need that.  You need to show that taking away
from the landowners or pursuing public investment policies that will
ruin private investors will make the society as a whole better off.
The claim that productivity will increase as a result of this
expropriation serves that purpose.  Otherwise, it is just simple Robin
Hoodism - take away from the rich and consume it, so everyone will end
poorer when the money finally runs out.

Wojtek

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