GERALD LEVY wrote:
>
> 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.
>
Paul did initially propose to "limit the liabilities of the banks to
their customers to $x per customer" where "$x would be a comparatively
modest sum of the order probably of $10,000".
I think the idea is appealing in several ways and at least worthwhile to
consider within the Left.
//Dave Z
_______________________________________________
ope mailing list
ope@lists.csuchico.edu
https://lists.csuchico.edu/mailman/listinfo/ope
Received on Thu Feb 12 17:11:16 2009
This archive was generated by hypermail 2.1.8 : Tue Mar 24 2009 - 20:30:37 EDT