By the way, the central analytical conceit of the Taibbi piece in my view does not follow. He presumes some congruence between public debt and private equity shenanigans. At worst public debt is a vehicle for profligate or otherwise ill-considered spending (or tax cuts). PE's use of debt is a whole different enterprise. That aside, there's lots of good poop in the article.
On Wed, Aug 29, 2012 at 2:13 PM, Jim Devine <[email protected]> wrote: > who was it who said that bourgeoisie has no country? > > Max Sawicky <[email protected]> wrote: > > "Romney, on the other hand, is a perfect representative of one side of > the > > ominous cultural divide that will define the next generation, not just > here > > in America but all over the world. ... > > That conflict will be between people who live somewhere, and people who > live > > nowhere. It will be between people who consider themselves citizens of > > actual countries, to which they have patriotic allegiance, and people to > > whom nations are meaningless, who live in a stateless global archipelago > of > > privilege – a collection of private schools, tax havens and gated > > residential communities with little or no connection to the outside > world." > > > -- > Jim Devine / If you're going to support the lesser of two evils, at > least you should know the nature of that evil. > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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