[Marxism] Mumia Abu-Jamal:

[Walter Lippmann]

Ruthless quotes Mumia, not Walter Lippmann, and asks:
"But in the end, this really isn't about Wall Street. It's about
reducing the risk that something really bad happens. It's about
limiting the damage from the past decade's financial excesses.
Unfortunately, there is no way to accomplish that without also
extending a helping hand to Wall Street. That is where our credit
markets are, and we need them to start working again."

<http://www.nytimes.com/2008/10/01/business/economy/01leonhardt.html

What would be a Marxist counterargument to the above?
=================================================================

Capitalist free marketeering and opposition to society taking the
responsibility for food, clothing and shelter for the human beings
who live in it, while guaranteeing full freedom for the corporations
and banks to make bad loans, which they now expect all of us to pay
for, is responsible for the mess the United States is in.

What's necessary now is a radical reduction in military spending,
the immediate and unconditional withdrawal of U.S. troops from Iraq
and Afghanistan. Nationalize all of the banks and insurance companies.
Fire the managers and investigate to see if they should be charged 
criminally for their activities which led up to this mess.

For years they've told us there was no money for single-payer health
insurance or other needed programs, but now, when these same people
say there's a big problem, they have found all the money which they
need: in our pocket books and our tax payments.


Walter Lippmann
Los Angeles, California


=========================================
     WALTER LIPPMANN
     Los Angeles, California
     Editor-in-Chief, CubaNews
     http://groups.yahoo.com/group/CubaNews/
     "Cuba - Un Paraíso bajo el bloqueo"
=========================================