The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

Speculator in Chief

Jun 4, 2012

Frederick Smith, the CEO of FedEx, is certainly a high stakes stock gambler. He has pledged 370 million dollars of FedEx stock as “collateral” to back up money he personally borrowed from stock brokerage companies for stock market speculation.

This is what the very richest parasites do with the incredible amounts of money they steal from the workers’ labor.