On Oct 1, 2008, at 3:25 PM, Bill Lear wrote:
On Wednesday, October 1, 2008 at 13:32:07 (-0400) Shane Mage writes:
How odd that Doug Henwood parrots the Bush-Bernanke-Paulson-Obama
hysteria about how a huge giveaway to finance capital is needed to
avert a "depression"--when a depression is inevitable, and will be
much worse (maybe a little later) as a result of this vast
inflationary credit expansion.
How does this insult show Doug is wrong? Even the criminal idiots who
are running our country are right some of the time.
Shane's real specialty is making up clever nicknames, like
"Dumbocrats" and "McMelanoma."
The actual record of bank bailout is disinflationary, not
inflationary. If I were like Shane (Mage, that is, not the hottie on
The L Word) I might point out how odd that a Marxist parrots the line
of the Hayekians.
Doug
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
