A good Labor quote
On 04/09/2011 8:01 PM, Tim wrote:
"Labor is prior to, and independent of, capital. Capital is only the
fruit of labor, and could never have existed if labor had not first
existed. Labor is the superior of capital, and deserves much the
higher consideration." (Abraham Lincoln)
Have a happy labor day weekend!
Trouble today is capital has no value. Zero rate interest. So no
capital at work. I don't think Abraham Lincoln meant for capitalists to
loose money so labor has jobs, or he would have been a Marxist like Obama.
--
If it is all Bush's fault, then how come Obama is doing much more of the
same and expecting different results?
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