[lbo-talk] "One capitalist always kills many"

[c b]

Keith Igoe on facebook: Anyone who has followed the over-leveraged
real estate market for the last 12 years knows that the uber-investors
have been waiting to cash in on the millions of credit defaults that
they have engineered to explode over that time. The real estate bomb
will make them trillions, but they've been thwarted in their attempts
to tank the economy and cash in on a couple occasions. This current
crisis is their ultimate gambit.

Charles Brown That's been my guess, Keith Igoe, though you are more
specific than I.

 Two reason's the tea Republicans are doing the bidding of the 1% in
forcing a default on the debt:
1)If the US defaults, it will be an excuse for Wall Street to raise
the cost of borrowing for decades increasing 1% profits over the long
run.

2) One capitalist always kills many, especially in crashes, panics and
depressions, when they can buy up a lot of failing capital cheap. So,
the tea Republicans have long been blocking government actions to help
"the" economy; and that's because,not only were they trying to make
Obama look bad, but the "one" capitalists, the corporations with the
greatest concentrations of money want another recession so they can
clean up on weak capitals, cutthroat competition. Another slang
expression of this is "when the going gets tough, the tough get
going", going to cannibalize other capitals.