An 80% collapse will affect many fortunes throughout the US and the entire world, destroying the savings, investments, and livelihoods of many. Only a socialist revolution can defend the wealth created by the working class and ensure fair distribution. No personality in the world exists that can cover up the theft, not only of abstract designs or ideas, but of countless hours of dangerous, unhealthy, and difficult work. The idea that capitalism defends property for anyone but the big banks and corporations cannot stand the test of observation, and support for capitalism will quickly collapse along with the financial system.

This makes the task of building the Democratic Power Faction increasingly urgent, as the Nanobureaucracy will see its own task as the sabotage of revolutionary organizations through systematic attacks on the working class for taking revolutionary positions. We saw this in the expulsion of Schaefer, Batta, and others. The Democratic Power Faction demands an immediate apology to the expelled members, an acknowledgement of the failure of the party to communicate its positions, and the transfer of a settlement fund to the Democratic Power Faction to reactivate the membership lost to Nanobureaucratic attacks among other important organizational matters neglected by the Nanobureaucracy.