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1741 [lbo-talk] The skinny on Greece.... -- rank: 1000

On Jun 8, 2011, at 9:52 AM, Dennis Redmond wrote: > On Wed, Jun 8, 2011 at 7:53 AM, Wojtek S <wsoko52 at gmail.com> wrote: > >> What is the purpose of restricting public spending other than to >> protect the profitability of private investments? > > There are tons of other reasons, but I wouldn't discount the factor of > Imperial suicide. The Empire hates itself, you know. As an American, I > can feel this self-hatred intensely. Europe is doing a better job at ...

Document Size:	5202
Author:	Doug Henwood
Date:	Wed Jun 8 09:06:53 PDT 2011

1742 [lbo-talk] The skinny on Greece.... -- rank: 1000

On Jun 8, 2011, at 9:18 AM, Carrol Cox wrote: > On 6/8/2011 7:53 AM, Wojtek S wrote: >> Which leads me to a naive question that will probably make economists cringe: >> >> What is the purpose of restricting public spending other than to >> protect the profitability of private investments? >> > > Lower the wage level by enlarging the industrial reserve army, thereby disciplining labor. The standard neoclassical/business apologist argument would be that gover ...

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Author:	Doug Henwood
Date:	Wed Jun 8 09:06:17 PDT 2011

1743 [lbo-talk] the skinny on Greece -- rank: 1000

On Jun 7, 2011, at 11:24 PM, Julio Huato wrote: > And I referred Yanis to Doug for a radio interview. You did? Damn, I'd forgotten that. Thanks a million - he's great. Doug

Document Size:	4655
Author:	Doug Henwood
Date:	Tue Jun 7 20:44:38 PDT 2011

1744 [lbo-talk] the skinny on Greece -- rank: 1000

On Jun 7, 2011, at 4:07 PM, MICHAEL YATES wrote: > mrzine has put up quite a few pieces on Greece. Go to the site and do a search on "Greece." > Rick Wolff and Yanis Varoufakis have some essays. I've had Yanis on the radio a bunch of times, and his blog is very good: http://yanisvaroufakis.eu. Doug

Document Size:	4952
Author:	Doug Henwood
Date:	Tue Jun 7 13:20:16 PDT 2011

1745 [lbo-talk] the downward spiral -- rank: 1000

U.S. Late Boomers Poorer Than Depression Kids: Chart of the Day 2011-06-07 10:00:00.2 GMT By Ilan Kolet and Greg Quinn June 7 (Bloomberg) -- The last of the U.S. baby boomers have ended up poorer than the prior two generations, including those born during the Great Depression and World War II. The CHART OF THE DAY shows the median household income of Americans born between 1956 and 1965 was $64,179 in 2010, when the group was in their 45-to-54 peak earning years. The median is the number where h ...

Document Size:	6093
Author:	Doug Henwood
Date:	Tue Jun 7 10:14:55 PDT 2011

1746 [lbo-talk] T-Paw's Google test -- rank: 1000

On Jun 7, 2011, at 12:59 PM, Myles Sussman wrote: > Private sector passenger railroads are doing so well. If they're not doing well, they deserve to die, of course. QED.

Document Size:	4703
Author:	Doug Henwood
Date:	Tue Jun 7 10:11:19 PDT 2011

1747 [lbo-talk] T-Paw's Google test -- rank: 1000

On Jun 7, 2011, at 11:14 AM, John Gulick wrote: > Methinks it's time to launch another lobbying campaign at a certain SO as the real-time news comes in. Yeah, it mostly sucks, but there are plenty of niches to live a good life in. For now. Doug

Document Size:	4718
Author:	Doug Henwood
Date:	Tue Jun 7 08:21:55 PDT 2011

1748 [lbo-talk] T-Paw's Google test -- rank: 1000

On Jun 7, 2011, at 10:53 AM, John Gulick wrote: > What a delectable country. Looking forward to your return? It's fun! Cue Flipper's "Ha ha ha." Doug

Document Size:	4633
Author:	Doug Henwood
Date:	Tue Jun 7 08:04:57 PDT 2011

1749 [lbo-talk] T-Paw's Google test -- rank: 1000

There is no end to the idiocy. This, from Tim Pawlenty (via Mike Allen): "I know government can cut spending, because I did it in Minnesota. I cut state spending in real terms for the first time in our state's history. ... We can start by applying what I call 'The Google Test.' If you can find a good or service on the Internet, then the federal government probably doesn't need to be doing it. The post office, the government printing office, Amtrak, Fannie and Freddie, were all built for a t ...

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Author:	Doug Henwood
Date:	Tue Jun 7 03:24:57 PDT 2011

1750 [lbo-talk] Arundhati Roy -- rank: 1000

On Jun 6, 2011, at 7:33 PM, // ravi wrote: > You guys keep saying this that she is beautiful. I find that an insult to the gorgeous women of India. Stop imposing your Western ideals on us! :-) (No offence (to Roy)). Just because she's beautiful doesn't mean another 100 million aren't!

Document Size:	4701
Author:	Doug Henwood
Date:	Mon Jun 6 16:44:09 PDT 2011

1751 [lbo-talk] Arundhati Roy -- rank: 1000

On Jun 6, 2011, at 6:16 PM, 123hop at comcast.net wrote: > You know, almost a million dollar advance for a first book for a newbie author seems amazing. > > I wonder how she swung that? She's beautiful and postcolonial - and before she went all political, she was a great ad for neoliberalized India. Doug

Document Size:	4814
Author:	Doug Henwood
Date:	Mon Jun 6 15:50:37 PDT 2011

1752 [lbo-talk] Weiner unhid! -- rank: 1000

On Jun 6, 2011, at 6:15 PM, 123hop at comcast.net wrote: > If steam means nothing more than an inferred erection covered by undies, he's ok law-wise, right? > > I mean, bulging pecs ....who cares? Not me. But he was sending nude pix and lewd text to women not his wife. SCANDAL!

Document Size:	4787
Author:	Doug Henwood
Date:	Mon Jun 6 15:48:39 PDT 2011

1753 [lbo-talk] Weiner unhid! -- rank: 1000

The paper that brought the front-page headline - "wood" in newspaper jargon, ha ha - "Hide the Weiner" this morning, disappoints with its workmanlike headline from moments ago: http://www.nypost.com/p/news/local/weiner_could_get_into_more_hot_water_3sRPHBtlLSE4RZ91BpquUL > Weiner admits he sent women steamy texts and photos But maybe tomorrow's paper. This is just a quickie rewrite of wire service copy.

Document Size:	4986
Author:	Doug Henwood
Date:	Mon Jun 6 13:47:23 PDT 2011

1754 [lbo-talk] Israelis want a second passport -- rank: 1000

> I am not even certain that's in effect yet. heard it from an Israeli friend in Berlin of Polish background, who because of this has recently applied for Polish documents. But, as Tom Segev says in today's FT: "Nobody wants to go back and live in Lodz." The full article: Israeli rush to secure dual nationality By Tobias Buck in Jerusalem Published: June 5 2011 18:23 | Last updated: June 5 2011 18:23 As many as 100,000 citizens of Israel also carry a German passport, according to a ...

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Author:	Doug Henwood
Date:	Mon Jun 6 11:16:39 PDT 2011

1755 [lbo-talk] Liberals -- rank: 1000

On Jun 6, 2011, at 9:40 AM, Wojtek S wrote: > My wife who teaches at Montgomery County Public > Schools - which is a Mercedes of public education in the US - says > pretty much the same thing. Today's NYT has an article about how RTTT doesn't like Montgomery County's teacher-run peer evaluation system, which weeds out crappy teachers and helps novices become better ones - a program that has worked well for more than a decade - but likes Maryland's non-existent test-driven scheme instead ...

Document Size:	5032
Author:	Doug Henwood
Date:	Mon Jun 6 09:03:08 PDT 2011