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13591 [lbo-talk] Uncle Miltie, he dead -- rank: 1000

On Nov 18, 2006, at 4:59 PM, tfast wrote: > Do you have a ref for that quote from Friedman it would be very > useful to > me. By the way, the consequence of this fear-induced wage restraint was that AG let the unemployment rate fall to the lowest level since 1969, 3.8%. Which tightened labor markets, led to broad real wage increases, and brought the black poverty rate to its all-time low. Of course it was all based on an unsustainable boom, but is the best thing you can say about G ...

Document Size:	5044
Author:	Doug Henwood
Date:	Sat Nov 18 14:26:09 PST 2006

13592 [lbo-talk] Uncle Miltie, he dead -- rank: 1000

On Nov 18, 2006, at 4:59 PM, tfast wrote: > Do you have a ref for that quote from Friedman it would be very > useful to > me. I assume you mean Greenspan. Google "Greenspan job skill obsolescence site:federalreserve.gov" and you'll get oodles of examples of him using the phrase "job skill obsolescence" in proximity to fear. Here's a 1997 example <http://www.federalreserve.gov/BOARDDOCS/Testimony/1997/19970121.htm> "Thus, the willingness of workers to tra ...

Document Size:	5879
Author:	Doug Henwood
Date:	Sat Nov 18 14:17:04 PST 2006

13593 [lbo-talk] Uncle Miltie, he dead -- rank: 1000

On Nov 18, 2006, at 4:44 PM, tfast wrote: > Here is a new term "Functional Level of Unemployment" or FLU for > short. Let > us define the FLU as existing about or around the actual rate of > unemployment with a floor of 5% in the US and 6.5% in Canada and > suggest > that anything below that rate requires monetary tightening to > induce just > enough flexibility into wage demands such that accumulation can resume > apace. Anything above those rates defines a ...

Document Size:	5590
Author:	Doug Henwood
Date:	Sat Nov 18 13:54:44 PST 2006

13594 [lbo-talk] Nica bans abortion -- rank: 1000

<http://news.bbc.co.uk/2/hi/americas/6161396.stm> Nicaragua brings in abortion ban Nicaraguan President Enrique Bolanos has signed into law a ban on all abortions, even in cases when a woman's life is judged to be at risk. Previous legislation from a century ago allowed an abortion if three doctors certified that the woman was in danger. Abortion was a central issue for November's presidential election in mainly Roman Catholic Nicaragua. President-elect Daniel Ortega once favoured abort ...

Document Size:	7125
Author:	Doug Henwood
Date:	Sat Nov 18 13:43:33 PST 2006

13595 [lbo-talk] Uncle Miltie, he dead -- rank: 1000

On Nov 18, 2006, at 4:04 PM, tfast wrote: > My personal favorite is the claim that "the natural rate hypothesis > has > strong empirical support." It damn well should given it is > defined as > close to whatever the existing rate of unemployment happens to be. Yeah, it keeps moving around. Reminds me of those hardy monetarists, who are like those old Japanese soldiers hiding in trees who wouldn't believe the war was over, mutter about "long and variable lags.&qu ...

Document Size:	5059
Author:	Doug Henwood
Date:	Sat Nov 18 13:21:02 PST 2006

13596 [lbo-talk] Socialists Back Woman in Race to Lead France -- rank: 1000

On Nov 18, 2006, at 2:52 PM, Yoshie Furuhashi wrote: > It seems to me that the Right -- be it within one party as in this > case of the French SP; or between parties as in the case of Labour vs. > Conservative in the UK, the SDP or the Left Party vs. the CDU in > Germany, etc.; or between the socialist bloc and the capitalist bloc > (when the former still existed) -- has been on the average better at > promoting and rallying behind female leaders. That makes sense - it follows ...

Document Size:	5501
Author:	Doug Henwood
Date:	Sat Nov 18 12:53:19 PST 2006

13597 [lbo-talk] Uncle Miltie, he dead -- rank: 1000

On Nov 18, 2006, at 3:31 PM, tfast wrote: > Here is Delong Defence, > > > But even as Monetarism subspecies four was failing its empirical > test, large > elements of Monetarism subspecies three-Classic Monetarism-were > achieving > their intellectual hegemony. For under normal circumstances > monetary policy > is a more potent and useful tool for stabilization than it fiscal > policy. > The frictions that give slope to the expectational aggregate supply > ...

Document Size:	6229
Author:	Doug Henwood
Date:	Sat Nov 18 12:51:02 PST 2006

13598 [lbo-talk] Socialists Back Woman in Race to Lead France -- rank: 1000

On Nov 18, 2006, at 12:04 PM, Yoshie Furuhashi wrote: > It looks like Ms. Royal will be the French female version of Tony > Blair, whom it is said she admires. Except she looks better in a bikini: <http:// www.outsidethebeltway.com/wordpress/wp-content/uploads/2006/08/ segolene_royal_turquoise_bikini.jpg>.

Document Size:	5056
Author:	Doug Henwood
Date:	Sat Nov 18 10:26:38 PST 2006

13599 [lbo-talk] Dutch ban burqas -- rank: 1000

On Nov 17, 2006, at 11:16 PM, ravi wrote: > So, the Muslim nations are banning dudes from the beach for ogling > almost naked chicks and the non-Muslim nations are banning chicks for > not being somewhat naked... this is getting difficult to follow. People should, you know, just live & let live. Doug

Document Size:	4784
Author:	Doug Henwood
Date:	Fri Nov 17 20:49:31 PST 2006

13600 [lbo-talk] Blair admits Iraq a "disaster"; tries to blame terrorists -- rank: 1000

<http://news.bbc.co.uk/2/hi/uk_news/politics/6160466.stm> Blair accepts 'disaster' in Iraq Downing Street said Mr Blair's views have been misrepresented Tony Blair has publicly accepted that the violence in Iraq since the US-led invasion in 2003 has been a disaster. The prime minister's remark came during an interview with Sir David Frost on the new al-Jazeera English-language Arabic TV channel. The Liberal Democrats have seized on his comment saying he has finally accepted the enormity ...

Document Size:	8939
Author:	Doug Henwood
Date:	Fri Nov 17 20:00:55 PST 2006

13601 [lbo-talk] Dutch ban burqas -- rank: 1000

Dutch to ban wearing of Muslim burqa in public By Alexandra Hudson Fri Nov 17, 1:58 PM ET AMSTERDAM (Reuters) - The Dutch government agreed on Friday a total ban on the wearing of burqas and other Muslim face veils in public, justifying the move on security grounds. Immigration Minister Rita Verdonk will now draw up legislation which will result in the Netherlands, once one of Europe's most easy-going nations, imposing some of the continent's toughest laws against concealing the face. " ...

Document Size:	8184
Author:	Doug Henwood
Date:	Fri Nov 17 19:56:04 PST 2006

13602 [lbo-talk] more LBJ tapes -- rank: 1000

[and these aren't of him talking about his nuts & bunghole] November 17, 2006 10:16 PM AUSTIN, Texas (AP) - As American involvement in Vietnam deepened, President Lyndon Johnson railed against the "bunch of commies" running The New York Times and complained about the newspaper's criticism of the war, according to taped phone conversations released Friday. The recordings, released by the LBJ Library, covered August to December 1966. Johnson had many of his calls from the Oval O ...

Document Size:	7121
Author:	Doug Henwood
Date:	Fri Nov 17 15:19:06 PST 2006

13603 Re: [lbo-talk] Welcome to the Chávez revolution - where the ric h keep getting richer -- rank: 1000

On Nov 17, 2006, at 2:50 PM, Yoshie Furuhashi wrote: > IMHO, That's ironic, right? > Chavez in his own words is far more interesting than Chavez in > Taliq Ali's words. The passage you quoted sounded like political boilerplate. The analysis that Tariq quotes is fresh and interesting - not least because Fidel endorses it. Doug

Document Size:	5507
Author:	Doug Henwood
Date:	Fri Nov 17 12:10:13 PST 2006

13604 [lbo-talk] dang, I missed it -- rank: 1000

On Nov 17, 2006, at 2:48 PM, Matt wrote: > I would just suggest we refrain from lots of cross-postings and > replies on list A about what was said on list B etc. That's a sentiment I can whole-heartedly endorse!

Document Size:	4689
Author:	Doug Henwood
Date:	Fri Nov 17 12:08:17 PST 2006

13605 Re: [lbo-talk] Welcome to the Chávez revolution - where the ric h keep getting richer -- rank: 1000

On Nov 17, 2006, at 3:45 PM, Eric wrote: > So Chavez lovers, what of this article? This seems to be theme > among stories about Venezuela: the poor are getting some > redistributive boost from the state, but social and property > relations are largely untouched--despite the rhetoric of Chavez > that suggests otherwise. According to Tariq Ali, Chavez says that this is not an era of revolution, so all they can accomplish right now are left social democratic reforms. Anything stron ...

Document Size:	5956
Author:	Doug Henwood
Date:	Fri Nov 17 11:14:51 PST 2006