Sunday, January 18, 2009

Ugh

Great even Karl Marx had an opinion on the government bailout:

"Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and State will have to take the road which will eventually lead to communism."

Karl Marx, 1867

via an e-mail from my mother

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