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12091 [lbo-talk] Krugman -- rank: 1000

On Dec 17, 2007, at 11:49 AM, Seth Ackerman wrote: > bhandari at berkeley.edu wrote: > >> Yes there are always periods in which capital is exported or >> caught up in >> frenzied speculation but these are usually short lived before capital >> finances a new upsurge in real production. That is part of the normal >> functioning of capitalism, and perhaps the drop in the dollar will >> chase >> out destabilizing speculative capital flows and abet US m ...

Document Size:	7684
Author:	Doug Henwood
Date:	Mon Dec 17 11:04:00 PST 2007

12092 [lbo-talk] Bloomberg 12/12/07: Greeks, troubled by pension changes, strike, march in thousands -- rank: 1000

On Dec 17, 2007, at 9:08 AM, Rick Kisséll wrote: > YAHOO.Shortcuts.hasSensitiveText = true; > YAHOO.Shortcuts.sensitivityType = ["adult"]; YAHOO.Shortcuts.doUlt > = false; YAHOO.Shortcuts.location = "us"; YAHOO.Shortcuts.lang = > "us"; YAHOO.Shortcuts.document_id = 0; > YAHOO.Shortcuts.document_type = ""; YAHOO.Shortcuts.document_title > = ""; YAHOO.Shortcuts.document_publish_date = ""; > YAHOO.Shortcuts.document_au ...

Document Size:	7085
Author:	Doug Henwood
Date:	Mon Dec 17 06:18:42 PST 2007

12093 [lbo-talk] Nixon-era zombie Dem health plans -- rank: 1000

New York Times - December 15, 2007 I Am Not a Health Reform By DAVID U. HIMMELSTEIN and STEFFIE WOOLHANDLER Cambridge, Mass. IN 1971, President Nixon sought to forestall single-payer national health insurance by proposing an alternative. He wanted to combine a mandate, which would require that employers cover their workers, with a Medicaid-like program for poor families, which all Americans would be able to join by paying sliding-scale premiums based on their income. Nixon's plan, though nev ...

Document Size:	9620
Author:	Doug Henwood
Date:	Sun Dec 16 13:15:13 PST 2007

12094 [lbo-talk] Krugman -- rank: 1000

On Dec 16, 2007, at 1:45 PM, Carrol Cox wrote: > Doug Henwood wrote: >> >> On Dec 15, 2007, at 2:18 PM, bhandari at berkeley.edu wrote: >> >>> Krugman means that there was a tremendous amount of lending that >>> created the bubble, as new home buyers were allowed to purchase >>> homes with little or no money down, and as lenders allowed >>> people who already owned home to refinance mortgages on the >>> basis of fictitious home pr ...

Document Size:	6535
Author:	Doug Henwood
Date:	Sun Dec 16 11:38:36 PST 2007

12095 [lbo-talk] Krugman -- rank: 1000

On Dec 15, 2007, at 2:18 PM, bhandari at berkeley.edu wrote: > Krugman means that there was a tremendous amount of lending that > created > the bubble, as new home buyers were allowed to purchase homes with > little > or no money down, and as lenders allowed people who already owned > home to > refinance mortgages on the basis of fictitious home price gains. > > Why the speculative lending? Because it looked like a good way to make money. Why else? Doug

Document Size:	5005
Author:	Doug Henwood
Date:	Sun Dec 16 10:22:56 PST 2007

12096 [lbo-talk] "Nothing is too good for the working class" -- rank: 1000

On Dec 16, 2007, at 12:20 PM, Carrol Cox wrote: > Both sides of this discussion are equally moralistic and silly. > > Anyone dress for physical comfort & convenience? Yeah that's one reason. But other people have to look at you, too, you know. Doug

Document Size:	5074
Author:	Doug Henwood
Date:	Sun Dec 16 09:41:21 PST 2007

12097 [lbo-talk] Fewer teens in workforce than in the past -- rank: 1000

On Dec 16, 2007, at 12:27 PM, B. wrote: > Experts chalk up the trend to several factors: More > teens are in school than a decade ago, many parents > prefer their kids to focus on their studies, and in > some circles, teen labor almost has become a stigma > because it implies the family needs the money. No one really knows, actually - I don't think there are any definitive studies of the trend. Other suggestions: immigrants are taking formerly teen-dominated jobs, and older work ...

Document Size:	5568
Author:	Doug Henwood
Date:	Sun Dec 16 09:39:51 PST 2007

12098 [lbo-talk] we had a scheme where the rich got richer... -- rank: 1000

Los Angeles Times - December 16, 2007 <http://www.latimes.com/news/printedition/front/la-na- mittbain16dec16,1,893755,full.story> To assess Romney, look beyond the bottom line He created jobs, closed factories, made enemies and inspired colleagues. By Bob Drogin, Los Angeles Times Staff Writer December 16, 2007 WASHINGTON -- First of two parts -- Mitt Romney twice emphasized his unique business background when he and eight other Republican presidential candidates faced off in a debate la ...

Document Size:	7488
Author:	Doug Henwood
Date:	Sun Dec 16 07:31:46 PST 2007

12099 [lbo-talk] "Nothing is too good for the working class" -- rank: 1000

On Dec 15, 2007, at 11:30 AM, Alfred Landman wrote: > I hen woodn't disagree. > > But would like to know if you can come up with an, with any, > (real-life)example of: "coherence". > > Alfred I don't know what you're schtick is, but go practice it somewhere else. Bye! Doug

Document Size:	5153
Author:	Doug Henwood
Date:	Sat Dec 15 17:18:15 PST 2007

12100 [lbo-talk] response to Reed, and Reed's response -- rank: 1000

[Adolph Reed's column from The Progressive, called "Sitting this one out," was posted (twice, I think) recently. Here's a response, and Adolph's retort. Intervening comments are by Danny Postel.] ------ Forwarded Message From: adolph reed <alreed2 at earthlink.net> Date: Sat, 15 Dec 2007 10:25:35 -0500 To: danny postel <dpostel at iwj.org> Conversation: [DemocraticLeft] Important Adolph Reed piece Subject: Re: [DemocraticLeft] Important Adolph Reed piece Hi, Danny. I was ...

Document Size:	17891
Author:	Doug Henwood
Date:	Sat Dec 15 07:41:54 PST 2007

12101 [lbo-talk] "Nothing is too good for the working class" -- rank: 1000

On Dec 14, 2007, at 11:11 PM, Alfred Landman wrote: > Bitch, I am on your team! Let's wall-to-wall this whole planet with > those hard&wood&floors that sparkle and and (dis)cover our walls > (with)in Ralph&Lauren&Paints and and and and if there is any sweet > (crude) juice left in her belly, maybe we can custom-paint the > remaining trees in happy fashion colours, too. Yes, not just you > and me (and, gutfeelingly, a few other billion human animals) are > dyi ...

Document Size:	5568
Author:	Doug Henwood
Date:	Sat Dec 15 05:34:36 PST 2007

12102 [lbo-talk] Tight trousers targeted in Iran clothing crackdown -- rank: 1000

On Dec 14, 2007, at 8:03 PM, uvj at vsnl.com wrote: > Iranian police will crack down on women in Tehran > flouting Islamic dress codes with winter fashions deemed immodest, > such as > tight trousers tucked into long boots This is the worst thing I've heard about them ever. Doug

Document Size:	5164
Author:	Doug Henwood
Date:	Fri Dec 14 17:20:42 PST 2007

12103 [lbo-talk] Sawaya out at Pacifica? -- rank: 1000

Matthew Lasar, who's written two books on Pacifica and knows what he's talking about, has reported that Nicole Sawaya, the new executive director of Pacifica who took office weeks ago amid very high hopes, has resigned. It's hard to share Matthew's optimism; in fact, it's getting harder to escape the conclusion that the network is doomed. <http://www.lasarletter.net/drupal/node/525> Nicole Sawaya quits [sigh] by Matthew Lasar Dec 13 2007 - 8:40am Noncommercial LLFCC is dismayed and ...

Document Size:	6979
Author:	Doug Henwood
Date:	Fri Dec 14 15:11:42 PST 2007

12104 [lbo-talk] "Nothing is too good for the working class" (Was : "Vuitton-clad official spouts socialism") -- rank: 1000

On Dec 14, 2007, at 5:44 PM, andie nachgeborenen wrote: > As (I think it was) Aneurin Bevan said, nothing is too > good for the working class. Why shouldn't the > proletariat wear Prada? Who gave the Devil a monopoly > on fine clothes? Fuck the Mao suit and the jeans, > Vuitton for all! I'm all for that but a lot of the appeal of fashion is as a positional good - if the masses had it, it'd be no fun anymore.

Document Size:	5818
Author:	Doug Henwood
Date:	Fri Dec 14 14:55:02 PST 2007

12105 [lbo-talk] some guy on subprime -- rank: 1000

On Dec 14, 2007, at 4:36 PM, Dennis Claxton wrote: > Get some Louis Vuitton neckwear and you won't be able to take your > eyes off yourself. All I've got is Agnes B., which helps a lot.

Document Size:	4714
Author:	Doug Henwood
Date:	Fri Dec 14 13:46:52 PST 2007