[lbo-talk] Contradiction: 99%'s dependence on Wall Street investment

Fernando Cassia fcassia at gmail.com
Fri Nov 4 11:37:22 PDT 2011


On Fri, Nov 4, 2011 at 15:17, <123hop at comcast.net> wrote:


> Pretty much everyone I work with lost half their savings in 2008....half
> their college funds, etc. And of course, due to fraud, a lot of pension
> funds went under too.
>

Contrast this with Argentina´s widely criticized move a couple years ago to get rid of its private pensions system tied to the stock markets casino, nationalizing it.

FC -- "The purpose of computing is insight, not numbers." Richard Hamming - http://en.wikipedia.org/wiki/Hamming_code



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