State Rep. Candidate Takes WJR's Frank Beckmann to Task on the Question of 'Socialism'
FOR IMMEDIATE RELEASE OCTOBER 21st 2008
DETROIT -- Dually-nominated Socialist/Green State Representative candidate Matt Erard (53rd District -- Ann Arbor) was invited to be a live, in-studio guest yesterday on the program of WJR-760AM's mid-morning radio personality Frank Beckmann. During his portion of the show, Erard answered attempted challenges on air from WJR callers, in addition to those from the host. Beckmann's two other guests on yesterday's program, following Erard, were Mitt Romney and 'Joe the plumber' Wurzelbacher...
U.S. FINANCIAL MELTDOWN SPOTLIGHTS PROFIT SYSTEM'S FAILURE AND THE NEED FOR ECONOMIC DEMOCRACY
Adopted by the State Convention of the Socialist Party of Michigan October 4, 2008
The collapse of the financial sector shows the failure of the capitalist economy. The inherent need of capitalist firms to expand their market shares and acquire new outlets for exploitation has reached a point at which capital concentration has created a roadblock to satisfying the system's own expansionary needs. In seeking to prevent any reduction in their extraordinary profit margins, the capitalist firms have sought to drastically increase their rate of exploitation of labor, natural resources, and public assets. They have come to rely on the sheer market manipulation of financial assets, which must ultimately rely on investment in new sources of exploitation or public resource dispossession, in order to represent any genuine value of their own. In the most recent development along this trajectory, the nation's top financial firms now seek a return on their enormous campaign contributions to federal politicians, through a taxpayer bailout of hundreds of billions of dollars....
Matt Erard, Socialist Party candidate for 53rd District State Representative (Ann Arbor), will be participating in a televised candidates debate with incumbent Democratic candidate Rebekah Warren and Republican candidate Christina Brewton.
The debate, sponsored by the League of Women Voters, will air live on Monday October 13th from 7:00PM-7:45PM on Ann Arbor Community Television Network (CTN) and will be re-play numerous times on CTN until Election Day.