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12391 [lbo-talk] Bearzilla! -- Putins Economy Eight Years On -- rank: 1000

On Aug 15, 2007, at 4:50 PM, Chris Doss wrote: > Yeah I know. The change in national mood has been > phenomenal. When I moved here in 2000 the mood was all > "oh no, we're all gonna die, we're losers," whereas > now it's boyant optimism. Time to short Russia? Just like 2000 was a great buying opportunity. Doug

Document Size:	5077
Author:	Doug Henwood
Date:	Wed Aug 15 14:04:15 PDT 2007

12392 [lbo-talk] yuan dollar -- rank: 1000

On Aug 15, 2007, at 4:22 AM, Rakesh Bhandari wrote: > From James Galbraith.See below. A few wealthy Americans are > speculating on Chinese real estate, an appreciation of the RMB is > good for them. Their RMB gains will be worth a lot more in dollars. > It's a cousin of the guess that I offered. Yet would Schumer and > Clinton and Paulson sacrifice so much for just a few speculators? > Globalization is turning upside down the old logic: competitive > devaluation was suppose ...

Document Size:	6395
Author:	Doug Henwood
Date:	Wed Aug 15 14:02:19 PDT 2007

12393 [lbo-talk] Definition of "Political Correctness" -- rank: 1000

On Aug 15, 2007, at 9:45 AM, Robert Wrubel wrote: > political correctness is a > sarcastic term coined in the late 20th century by > righties to slur liberals as mindless conformists. Though actually I think it originated in CP circles as an ironic usage. Doug

Document Size:	5010
Author:	Doug Henwood
Date:	Wed Aug 15 07:44:17 PDT 2007

12394 [lbo-talk] Dollar assets key part of China's reserves:Xinhua -- rank: 1000

On Aug 14, 2007, at 11:28 PM, Mike Ballard wrote: > I'm ignorant of where these cash injections go. I mean, do they go > directly > into various private bank accounts as a kind of temporary deposit > or? And > where does this cash come from? Previousl tax collections or hot > off the > printing presses. Essentially the Fed - or any central bank - goes into the markets and buys bonds using money created out of thin air. The sellers are the big commercial and investment b ...

Document Size:	5480
Author:	Doug Henwood
Date:	Tue Aug 14 20:54:16 PDT 2007

12395 [lbo-talk] fields of study -- rank: 1000

I just read that Corin Tucker studied "political economy" at Evergreen (along with film and social change). So I thought I'd take a look at the offerings: <http://www.evergreen.edu/catalog/2007-08/matching.htm#p> > Political Economy > > 500 Years of Globalization > Colonialism and Decolonization > The End of Prosperity > Introduction to Environmental Studies: Natural Resources, Oceans > and Global Climate > Latin American Development: Rhetoric or Reality ...

Document Size:	5628
Author:	Doug Henwood
Date:	Tue Aug 14 19:21:31 PDT 2007

12396 [lbo-talk] For James Heartfield! -- rank: 1000

Apropos the subject heading, Cde Heartfield is off in Paris and won't be back until the 30th.

Document Size:	4561
Author:	Doug Henwood
Date:	Tue Aug 14 19:16:55 PDT 2007

12397 [lbo-talk] Zoning (Was Re: yuan dollar) -- rank: 1000

On Aug 14, 2007, at 7:51 PM, andie nachgeborenen wrote: > Politics isn't rational, always, but according to the > Columbia Encyclopedia, the first zoning in the US was > in NYC and wasn't racist in intent No, but it was "classist," to use the 90s term. The whole point of the first code was to get factories and the smelly workers who filled them out of the posher parts of midtown Manhattan. The would be pushed outward from the central business district for the next nine dec ...

Document Size:	5151
Author:	Doug Henwood
Date:	Tue Aug 14 18:35:06 PDT 2007

12398 [lbo-talk] yuan dollar -- rank: 1000

On Aug 14, 2007, at 6:44 PM, bhandari at berkeley.edu wrote: > And why is > Congress (across party lines) pressuring Paulson to put pressure on > Chinese authorities? I can't see how the job gain from yuan > appreciation > would not be overwhelmed by the losses to the US economy. You think politics is rational? In any case, surely you've noticed that there's a lot of steam being produced about how the Chinese are stealing our jobs and poisoning us with their toxic products. Man ...

Document Size:	5543
Author:	Doug Henwood
Date:	Tue Aug 14 16:00:01 PDT 2007

12399 [lbo-talk] Definition of "Political Correctness" -- rank: 1000

On Aug 14, 2007, at 5:57 PM, Carrol Cox wrote: > You and Wojtek both are spinning naked lies for which you could > give no > support whatever. Examples don't count. You have to somehow establish > that X characterizes some list _as a whole_. Are you opposed to the mathematical principle of central tendency? Should we just junk mean and median because they do violence to individual elements? Was Marx all wet on SNALT? Doug

Document Size:	5195
Author:	Doug Henwood
Date:	Tue Aug 14 15:42:31 PDT 2007

12400 [lbo-talk] yuan dollar -- rank: 1000

On Aug 14, 2007, at 12:33 PM, Rakesh Bhandari wrote: > Yet profit from contractors may well be mostly repatriated. MNCs may need yuan to pay contractors, but they don't accumulate them as a result. > So it's > not clear to me that an appreciated yuan would necessarily be a blow > to US corporate profitability. It would raise costs in an environment where wages and other costs are already rising. Chinese inflation is brisk and getting brisker. It wouldn't be a body blow, of course ...

Document Size:	5914
Author:	Doug Henwood
Date:	Tue Aug 14 10:15:00 PDT 2007

12401 [lbo-talk] sociologists query Rudy's role in crime drop -- rank: 1000

New York Sun - August 14, 2007 <http://www.nysun.com/article/60481> Panelists Question Giuliani's Effect on Drop in Crime By Staff Reporter of the Sun The amount of credit Mayor Giuliani deserves in lowering crime in the 1990s was a topic of discussion yesterday in Midtown at a forum sponsored by the American Sociological Association titled "Why Did Crime Decline in New York City?" The panel discussion came during a week in which Mr. Giuliani, the leading Republican candidate ...

Document Size:	6504
Author:	Doug Henwood
Date:	Tue Aug 14 09:24:00 PDT 2007

12402 [lbo-talk] new instruments -- rank: 1000

[making the rounds on Wall St] Investment Dealers are excited to announce the newest structured finance product - Constant Obligation Leveraged Originated Structured Oscillating Money Bridged Asset Guarantees, or COLOSTOMY BAGS. Designed to accommodate the most sophisticated investment strategies, Colostomy Bags contain the equity tranches of Structured High Interest Taxable Derivatives, or SH IT-D, and are leveraged an infinite amount of times through the innovative use of derivatives. ...

Document Size:	7810
Author:	Doug Henwood
Date:	Tue Aug 14 08:51:13 PDT 2007

12403 [lbo-talk] yuan dollar -- rank: 1000

On Aug 14, 2007, at 10:21 AM, Rakesh Bhandari wrote: > But if US companies are buying from themselves The US FDI presence in China is relatively small - just 2% of the total worldwide stock in 2006, roughly the same as Belgium, and less than half Mexico's share. It's mostly contracting arrangements. Doug

Document Size:	4711
Author:	Doug Henwood
Date:	Tue Aug 14 08:49:22 PDT 2007

12404 [lbo-talk] Rudy: not only a repressive prick, but a liar -- rank: 1000

Rudy's 9/11 lies: <http://www.villagevoice.com/news/0732,barrett, 77463,6.html/full>

Document Size:	4880
Author:	Doug Henwood
Date:	Tue Aug 14 08:36:40 PDT 2007

12405 [lbo-talk] yuan dollar -- rank: 1000

On Aug 13, 2007, at 10:11 PM, bhandari at berkeley.edu wrote: > We do know that so much of US corporate > profitability has depended not only on operatations abroad but also > on the > free ride of dollar depreciation. A lot of that is euro appreciation. Last I looked, about half of the stock of FDI and MNC profits abroad were in Europe. > I don't believe that Paulsen gives a > damn about smaller biz, much less worker electoral ire. He has to be seen doing something in order t ...

Document Size:	5153
Author:	Doug Henwood
Date:	Tue Aug 14 07:17:05 PDT 2007