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26296 Dividends -- rank: 1000

Daniel Davies wrote: >The Bush dividend plan is quite possibly a giveaway to the rich, but the >general idea of ending double taxation of dividends is a good one. What's so good about it? Is the American corporate sector suffering under years of ruinous taxation? Are the American rich suffering under years of ruinous taxation? Fuck 'em. They've gotten a free pass for, well practically forever. I pay state and city taxes on pretax income that I've never seen because the feds have first clai ...

Document Size:	4912
Author:	Doug Henwood
Date:	Tue Jan 7 07:18:56 PST 2003

26297 Color of Anarchism Re: Protest ISO... -- rank: 1000

Chuck0 wrote: >Now, I may dress like an anarchist on occasion, but as somebody said >the other day, "he [Chuck0] looks like an accountant." More like a librarian I'd say. Accountants often have expensive suits. Doug

Document Size:	4717
Author:	Doug Henwood
Date:	Mon Jan 6 12:43:37 PST 2003

26298 Dividends -- rank: 1000

Jordan Hayes wrote: > > You're buying a capital asset with the assumption that >> it will return income for a long time, maybe foreever. > >(you know what happens when you assume!) > >I actually doubt that this figures much into the purchase of most >stocks. To the frequent detriment of people who buy stocks. > Many stocks don't pay dividends; the ones that do often >underperform equivalent risk-adjusted investments. Do they really? Is this an impression or so ...

Document Size:	7188
Author:	Doug Henwood
Date:	Mon Jan 6 12:25:15 PST 2003

26299 Dividends -- rank: 1000

Jordan Hayes wrote: >Sorta. I think it makes more sense to see them as a return of capital; >that is, if you buy a $20 stock, and it pays a $2 dividend, your cost >basis would now be $18. You're buying a capital asset with the assumption that it will return income for a long time, maybe foreever. You can sell it if you like and get your capital back (and often at a higher price) - it's not like the dividend reduces the asset's intrinsic value. And where do the profits come from to pay ...

Document Size:	5410
Author:	Doug Henwood
Date:	Mon Jan 6 10:05:31 PST 2003

26300 Dividends -- rank: 1000

Jordan Hayes wrote: >I understand why dividends aren't expensed. Can anyone shed some light >on why dividends are taxed in the first place? At the personal level? Why not? They're income. Should the Ford family pay no income on dividends from the family business? Doug

Document Size:	4523
Author:	Doug Henwood
Date:	Mon Jan 6 09:32:29 PST 2003

26301 color of anarchism -- rank: 1000

Carrol Cox wrote: >And whatever Doug doesn't like gets a general label which actually >applies to no one who is reading him or who writes on the list. Beats >thinking! "Pablo Picasso never got called an asshole...."

Document Size:	4593
Author:	Doug Henwood
Date:	Mon Jan 6 09:27:57 PST 2003

26302 Fwd: James Heartfield at Waterstones -- rank: 1000

[James has a solution to the idiocy of rural life - build lots of houses all over the place!] From: "Ian Abley audacity.org" <abley at audacity.org> To: "audacity.org" <abley at audacity.org> Date: Sun, 5 Jan 2003 22:19:52 -0000 It's time to face down the environment lobby and build many more houses James Heartfield, co-editor of Sustaining Architecture in the Anti-Machine Age and a director of audacity.org, will be speaking on why we need to build in the countrys ...

Document Size:	6104
Author:	Doug Henwood
Date:	Mon Jan 6 08:40:47 PST 2003

26303 color of anarchism -- rank: 1000

Todd Archer wrote: >I can say only: go read some Marx and Lenin. Enough ink, and no >doubt blood, has been spilled in the history of Marxism over this >point that branding Marxists en masse as economic determinists is >rather like branding all anarchists as cartoon bomb-throwers: it >completely and deliberately avoids the point. Whatever anarchists don't like becomes "Leninism"; whatever Marxists don't like becomes "postmodernism," etc. Beats thinking! Doug

Document Size:	4871
Author:	Doug Henwood
Date:	Sun Jan 5 19:38:38 PST 2003

26304 chain stores and regional identity -- rank: 1000

W. Kiernan wrote: >Man, you get there first thing in the morning, them donuts aren't just >fresh, they're still hot out of the fryer. Damn! Royal Crown Cola is >another good Southern one, hard to find these days though. > >We dig those regional things (and no, Chuck Grimes you left-coast snob, >they're not only racism and theological hogwash, but also the memory of >our old home town)(indigestion serves ya right dummy, since you don't >have a physical job to burn the fa ...

Document Size:	5603
Author:	Doug Henwood
Date:	Sun Jan 5 19:37:21 PST 2003

26305 Electoral Dilemmas Re: Color of Anarchism -- rank: 1000

Carrol Cox wrote: >It's astounding how so many ancient ideas keep betting reprocessed as >fashionable and up-to-the-minute stuff that "really makes you think." When in truth, everything of consequence was already written down by - what was it, the time of Lenin's death, or should we extend it to Mao's death? New thoughts. Ewwww. Unsound!, as we used to say in the Party of the Right. Doug

Document Size:	4971
Author:	Doug Henwood
Date:	Sun Jan 5 10:49:38 PST 2003

26306 Electoral Dilemmas Re: Color of Anarchism -- rank: 1000

andie nachgeborenen wrote: >"Seperate but equal," the Supreme Court called it in >Plessy v. Ferguson (1897). What's neo about that? That was a bullshit cover for a hierarchal concept of race. This is a diffferent animal. Doug ---- Etienne Balibar, "Is there a 'neo-racism'?" in Balibar & Wallerstein, Race, Class, Nation (Verso): <quote> The functioning of the category of immigration as a substitute for the notion of race and a solvent of 'class consciousness' p ...

Document Size:	13176
Author:	Doug Henwood
Date:	Sun Jan 5 10:47:09 PST 2003

26307 U.S. Approves Prozac for Treating Children -- rank: 1000

mike larkin wrote: >this is terrific news. i wish i'd had access to it when i was an >adolescent. It will save countless lives from suicide and other >horrors. > >it's annoying to watch lefties deride psychoactive meds as "social >engineering." You're right, but shouldn't we wonder why the land of opportunity, where it's our patriotic duty to be optimistic and happy, we produce millions of depressed people, starting at fairly tender ages? Doug

Document Size:	5170
Author:	Doug Henwood
Date:	Sun Jan 5 10:19:37 PST 2003

26308 people of color & a plea -- rank: 1000

JBrown72073 at cs.com wrote: >I'd like to put in a plug that you in some >slightly more heavy-handed way enforce the 3-post a day rule (or a gigabyte, >whichever comes first). Yup, you're right. All of you frequent posters, please control yourself. I haven't been counting, but now I am. Doug

Document Size:	4809
Author:	Doug Henwood
Date:	Sun Jan 5 10:13:57 PST 2003

26309 Electoral Dilemmas Re: Color of Anarchism -- rank: 1000

Chip Berlet wrote: >My working definition of racism is: > >"Racism is an ideology that elevates the social construction of racial >difference to a primary place in human relations, and assumes a hierarchy. >It was developed to claim superiority of White people over people of color >based on the false idea that race is a fixed and immutable essentialist >reality. Racism + discrimination + power/privilege = racial oppression. The >overwhelmingly hegemonic form of racis ...

Document Size:	5627
Author:	Doug Henwood
Date:	Sun Jan 5 09:48:57 PST 2003

26310 Myth of the GOP Working Class -- rank: 1000

Yoshie Furuhashi wrote: >Let's suppose that you are a strategist for a political party to the >left of the Democratic Party, who is confronted with the above >figures. What's the program that you want to advocate? What's the >strategy to mobilize people for it? I wish I had a nice answer I could pull off the shelf. As a start, I'd say it would have to hold some powerful appeal for the bottom half of the income distribution - a basic social democratic package of income security, hea ...

Document Size:	6838
Author:	Doug Henwood
Date:	Sun Jan 5 09:46:11 PST 2003