[lbo-talk] sex at the margins
Percival Myers
permaceaem at gmail.com
Sat Mar 14 14:45:51 PDT 2009
On Wed, Mar 11, 2009 at 11:56 AM, Doug Henwood wrote:
>
> On Mar 11, 2009, at 11:17 AM, SA wrote of Cde Cox:
>
>> This stuff is hilarious. Half your posts decry the "horror" wreaked by
>> capitalist-imperialism. The other half decry other people's "moralism.
>
> He'll probably ignore this of course. I'm still waiting for him to explain:
> 1) how and where does the "capitalist point of view," which he confidently
> disclosed yesterday, get formed, and how is it turned into state policy?,
> and 2) why white leftists should follow black leadership, except when it
> comes to voting for Democrats. I've been asking him to explain 2) for years
> now.
WRT 1), I wonder how closely http://monthlyreview.org/0706tabb.htm
hits the mark - note the second paragraph and footnote 1. Then there
is this passage, from further down:
"Once in office elected officials tend to get far richer than they
were when they entered politics. They are cut in on various deals.
They become unusually successful investors... the stock portfolios of
a random group composed of tens of thousands of households
underperformed the market as a whole by 1.4 percent annually.
Corporate insiders beat the market by 6 percent. But the senators
(including their spouses and children) beat the market by 12 percent a
year."
Percy
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