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1201 [lbo-talk] NYC 10/14: a debate on #occupyws -- rank: 1000

On Oct 5, 2011, at 5:59 PM, Michael Pollak wrote: > On Wed, 5 Oct 2011, Bhaskar Sunkara wrote: > >> *Time: *Friday, 10/14. 7 pm. >> *Location*: Bluestockings <http://bluestockings.com/> bookstore. >> 172 Allen Street between Stanton and Rivington. >> *With*: Jodi Dean, Doug Henwood, Malcolm Harris, and Natasha Lennard. Seth >> Ackerman moderates. > > That sounds like great discussion. If somebody could record it and post it, those of who can't com ...

Document Size:	5351
Author:	Doug Henwood
Date:	Wed Oct 5 15:05:38 PDT 2011

1202 [lbo-talk] [Pen-l] Marxist final exam for Keynesians -- rank: 1000

On Oct 5, 2011, at 5:50 PM, Fernando Cassia wrote: > Argentina got out of its financial hole after 2003 with high > government spending and the biggest public works programme in history, > among other measures like boosting the internal marketplace and local > manufacturing. > > http://www.guardian.co.uk/commentisfree/cifamerica/2010/oct/27/nestor-kirchner-argentina-imf > > You get an F for presuming I don't know what I was talking about. Does Argentina need foreign finan ...

Document Size:	5485
Author:	Doug Henwood
Date:	Wed Oct 5 14:56:41 PDT 2011

1203 [lbo-talk] who won't be protesting Wall Street -- rank: 1000

[from Yale's 06520 blog] http://www.yalealumnimagazine.com/blog/?p=11581 However bad the rest of the world s economy looks, it was not a bad year for Yale: the university reported today that its endowment made a return of 21.9 percent in the year ending June 30. Yale ended the year with an endowment worth $19.4 billion, $2.7 billion more than last year. The 21.9 percent return is Yale s best since fiscal 2006 07, when the endowment earned 28 percent. The university has now recovered nearly half ...

Document Size:	5710
Author:	Doug Henwood
Date:	Wed Oct 5 13:32:15 PDT 2011

1204 [lbo-talk] TS Eliot & antisemitism -- rank: 1000

On Oct 5, 2011, at 1:12 PM, c b wrote: > Eliot, Pound, Stein (protected by Vichy French), Nietzsche. There > seems to be a correlation between rightwing politics and major lit > crit/ aesthetic philosophers credentials. Shelley? Whitman? Ginsberg, even? Doug

Document Size:	4837
Author:	Doug Henwood
Date:	Wed Oct 5 10:24:09 PDT 2011

1205 [lbo-talk] "so nice" -- rank: 1000

On Oct 5, 2011, at 1:15 PM, Carrol Cox wrote: > This is an example of Ron Paul people being both acutely annoying AND quite harmless. They can mostly be ignored. Someone might dig up from the web some short but particularly revealing quote from him on gays or migrants. It's not reallly worthwhile arguing with Ron Paul people, but having something like that in one's hip pocket as it were might be useful at times. Insofar as anyone around OWS has thought about the Federal Reserve, many seemed t ...

Document Size:	5174
Author:	Doug Henwood
Date:	Wed Oct 5 10:21:49 PDT 2011

1206 [lbo-talk] "so nice" -- rank: 1000

On Oct 5, 2011, at 12:21 PM, // ravi wrote: > Some guys hanging out at the periphery of Zuccotti Park with a bunch of Ron Paul flyers handed me one on Sunday. I asked him if that was necessary given that Ron Paul has pretty harsh views on immigrants and he most likely doesn t like brown people like me. The guy looked puzzled and said no, he doesn t . A few seconds later he added okay, maybe he does. I don t know, man . Yikes. So I'm tentatively lined up for Oct 16 at 6 PM. Doug

Document Size:	4992
Author:	Doug Henwood
Date:	Wed Oct 5 09:38:09 PDT 2011

1207 [lbo-talk] Alex Pareene: A proposed demand for Occupy WallStreet -- rank: 1000

On Oct 5, 2011, at 11:46 AM, Jordan Hayes wrote: > You could start there. Call it an "inverse savings bond" where instead of the 12% you're paying on your car loan, the Treasury could buy your debt from the bank and you'd be assigned to essentially pay the coupon on a 10yr bond (1.88% today?). The banks wouldn't even have to take a haircut: they'd get their principal back early, and that would be a bummer for their ongoing profitability, but they'd be made whole. > > Now wha ...

Document Size:	5396
Author:	Doug Henwood
Date:	Wed Oct 5 08:51:52 PDT 2011

1208 [lbo-talk] Alex Pareene: A proposed demand for Occupy Wall Street -- rank: 1000

On Oct 5, 2011, at 11:35 AM, Michael Pollak wrote: > On Oct 5, 2011, at 11:25 AM, Doug Henwood wrote: > >> Household debt is almost $14 trillion, or about 100% of GDP. Of that, almost $10 trillion is mortgage and another $2.4 trillion is consumer (credit cards, auto loans, etc.). That might be a stretch for the USG to handle. > > Oy, you have a point. I was thinking housing debt, not household debt. Total brain fart on my part. Housing debt is more than 2/3 the total!

Document Size:	5355
Author:	Doug Henwood
Date:	Wed Oct 5 08:42:19 PDT 2011

1209 [lbo-talk] Alex Pareene: A proposed demand for Occupy Wall Street -- rank: 1000

On Oct 5, 2011, at 10:57 AM, Michael Pollak wrote: > On Wed, 5 Oct 2011, Doug Henwood wrote: > >>> Let's wipe the debt of the 99 percent off the books, tell the financial sector to eat it, and get on with our lives. >> >> And we'll cope with the bank failures later. FDR did it! > > Ha. I assume that in the alternative universe where this would happen, the government would be glad to capitalize any banks who needed it by buying shares. Household debt is almost $1 ...

Document Size:	5591
Author:	Doug Henwood
Date:	Wed Oct 5 08:07:19 PDT 2011

1210 [lbo-talk] Alex Pareene: A proposed demand for Occupy Wall Street -- rank: 1000

On Oct 5, 2011, at 10:30 AM, Michael Pollak wrote: > Let's wipe the debt of the 99 percent off the books, tell the financial > sector to eat it, and get on with our lives. And we'll cope with the bank failures later. FDR did it! Doug

Document Size:	5078
Author:	Doug Henwood
Date:	Wed Oct 5 07:40:16 PDT 2011

1211 [lbo-talk] "so nice" -- rank: 1000

On Oct 5, 2011, at 9:09 AM, christian bayes wrote: > Doug, two things have really cheered me this week: the growth in OWS, and > your interview with Corey Robin. If you showed up to teach at OWS, it would > be a banner week. Thanks. I'm working on it. Doug

Document Size:	4746
Author:	Doug Henwood
Date:	Wed Oct 5 07:12:00 PDT 2011

1212 [lbo-talk] OWS gets love from TNR -- rank: 1000

http://www.tnr.com/article/politics/95753/occupy-wall-street-left-tea-party-dionne Why Did Liberals Embrace Occupy Wall Street ? (Hint: They re Obsessed With the Tea Party.) Mark Schmitt October 5, 2011 | 12:00 am 11 comments When the Occupy Wall Street protests began to attract notice last week, the initial reaction was to scoff at the Trustafarian nitwits who lacked leaders, spokespeople, a policy agenda, or even much of a philosophy beyond anarchy, its cousin minarchy, and drum circles. ...

Document Size:	12831
Author:	Doug Henwood
Date:	Wed Oct 5 07:08:59 PDT 2011

1213 [lbo-talk] [Pen-l] Marxist final exam for Keynesians -- rank: 1000

On Oct 5, 2011, at 9:54 AM, Fernando Cassia wrote: > Bullshit. The problem with the "stimulus" is that it was no stimulus > at all. It saved the banks. it didn't put any money into > taxpayers/consumers' pockets. > > The government also didn't engage into a single large scale public > works program... the only public spending continued to be the overseas > war, which profits a select number of private contractors. The numbers were too small, but what you say just i ...

Document Size:	5447
Author:	Doug Henwood
Date:	Wed Oct 5 07:05:17 PDT 2011

1214 [lbo-talk] iBone -- rank: 1000

On Oct 5, 2011, at 9:50 AM, shag carpet bomb wrote: > jeez. what is the world coming to when Doug Henwood didn't forward > this item to the list first? But it's such old news!

Document Size:	4557
Author:	Doug Henwood
Date:	Wed Oct 5 06:59:00 PDT 2011

1215 [lbo-talk] my comment on the Stiglitz/Madrick you tube -- rank: 1000

On Oct 5, 2011, at 12:21 AM, Gar Lipow wrote: > Joining the drumbeat of "markets uber alles" even to > advance genuinely left policies is the real loser liberalism. You gotta do it to play in the DC think-tank world. Doug

Document Size:	4955
Author:	Doug Henwood
Date:	Wed Oct 5 06:58:11 PDT 2011