> The debts cancelled include debts of banks to depositors. It thus wipes out money capital.
Paul C:
It would also wipe out the lifetime savings of millions of working-class families.
Especially hard hit would be older workers nearing or past retirement age. Many
of the later group would be forced back into the labor force to work for capital
or the state until they die.
In solidarity, Jerry
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Received on Wed Feb 11 22:02:07 2009
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