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 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
