[lbo-talk] Debtocracy_2

[Carrol Cox]

But Chuck -- they did solve the crisis; and the federal debt is paying 
big dividends in terms of political aims. Had the federal government not 
(at least apparently) been in deep financial trouble all these "reforms" 
would not be possible, or at least so easy to put across. The federal 
financial "crisis" is one of the most serious difficulties for those of 
us involved in organizing anti-austerity work. What is there to "solve" 
from a capitalist point of view? IEA in Illinois just rolled over and 
played dead before a nasty bill on schools here. That union has always 
been pretty weak, but ...

A sign that the recession is over: Jan's sale of our books on alibris 
etc has picked up. She just sold Auroras of Autumn for $80.

Carrol

On 5/15/2011 3:38 PM, Chuck Grimes wrote:
> Sorry sent that before finishing the last sentence....
>
> Max S. Should read Max Sawicky noted:
>
> ``We've had a plague of commissions here on Federal debt, and every 
> last one
> of them sucked eggs.''
>
> That's because they are political appointed to tell us the same 
> neoliberal
> line, that is the problem in the first place. Sort of the same as 
> appointing Barnake and  Geithner to solve the crisis they helped 
> create---or at least did nothing to
> stop the criminal practices..
>
> This problem is also addressed, under the idea of an audit commission, 
> but
> one made up of people who are non-specialists. It proposes an 
> intellectual elite
> of mostly marxists or marx influence writers, union people, artists, 
> etc. I don't
> trust the bulk of the US intellectual caste because they have been 
> infected
> with the same bullshit ideas as the government and the corporate elites.
>
> Sabri urged:
>
> ``American workers can try a similar strategy for state debts in the US
> and you guys can play a role in such audits. Do it my friends, do it!''
>
> CG
>
>
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