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

[c b]

Or is this automatic socialism, capitalism collapsing itself without
an organized working class revolution and conscious expropriation of
the expropriators. Partial Acutalization of Stalin's (giggles) general
crisis theory that objectively capitalism's contradictions are
bringing it to a self-destructive crisis, not a rebooting cyclical
crisis but The Big One ?

Or an entertaining bluff by the Tea Confederates ? Pickett's Charge.

On Mon, Oct 7, 2013 at 11:31 AM, Marv Gandall <marvgand2 at gmail.com> wrote:
>
> On 2013-10-07, at 10:22 AM, c b wrote:
>
>> 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...
>
>
> Headlines in today's Bloomberg News:
>
> A U.S. Default Seen as Catastrophe Dwarfing Lehman’s Fall
> By Yalman Onaran
> Oct 6, 2013
>
> http://www.bloomberg.com/news/2013-10-07/a-u-s-default-seen-as-catastrophe-dwarfing-lehman-s-fall.html?alcmpid=mostpop
>
> U.S. Stocks Drop on Default Concern Amid Budget Deadlock
> By Alexis Xydias & Lu Wang
> Oct 7, 2013
>
> http://www.bloomberg.com/news/2013-10-07/u-s-stock-index-futures-drop-amid-debt-limit-deadlock.html
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