Search LBO-Talk Archives

33436 The tendency of earnings estimates to fall -- rank: 1000

Seth Ackerman wrote: > Doug Henwood wrote: > >> U.S. corporate profitability peaked in late 96/early 97, and has been >> flat-to-down since. It makes you wonder where the alleged >> productivity boom is paying off. >. >Well it paid off in the NIPA statistics, didn't it? Output per worker >zoomed. So why didn't it show up in the profit rate? Accounting-wise, >wouldn't it have to be because the output/capital ratio (aka "capital >productivity) stagnat ...

Document Size:	5679
Author:	Doug Henwood
Date:	Tue Apr 3 14:03:08 PDT 2001

33437 Singer's latest -- rank: 1000

Kelley Walker wrote: >At 05:54 PM 4/2/01 -0800, Marta Russell forwarded: > >><http://www.nerve.com/Opinions/Singer/heavyPetting/>. > >hey, it might actually be worthwhile to read the article since it >really doesn't say much that is terribly absurd and it certainly >doesn't do what this idiotic press release suggests. Thanks for pointing that out. I'd wondered if the press release was a joke, but it didn't have an April 1 date on it. Doug

Document Size:	4914
Author:	Doug Henwood
Date:	Tue Apr 3 13:59:08 PDT 2001

33438 The tendency of earnings estimates to fall -- rank: 1000

Seth Ackerman wrote: >Does anyone have any thoughts about what exactly is behind the awful >corporate profit picture right now? The guy from First Call was on CNN last >weekend rattling off a series of unbelievably atrocious earnings numbers, >both estimates of Q1 and forecasts of Q2, Q3, and Q4. Profits for S&P 500 >companies seem to be falling at double-digit rates. I can't understand how >this is possible in an economy that is, after all, expanding, albeit at a >torto ...

Document Size:	5926
Author:	Doug Henwood
Date:	Tue Apr 3 12:52:40 PDT 2001

33439 The coming Glorious Revolution -- rank: 1000

Brad Mayer wrote: >The net effect of the overproduction on the public aspect of >discourse has been counterrevolutionary. This would not be the >first time capitalist overproduction has had a counterrevolutionary >effect - look at the over-proliferation of TV, automobile and >suburb, to cite some salient examples. What to do with the >inheritance of all this crap will be a real problem for any >post-capitalist society. But I digress - the point here is that >this is an ...

Document Size:	6887
Author:	Doug Henwood
Date:	Tue Apr 3 11:34:42 PDT 2001

33440 The Real Reason Bush Dumped Kyoto -- rank: 1000

Nathan Newman wrote: >In the London Sunday Telegraph, Mark Steyn had a theory of why Bush dumped >Kyoto: > >"[I]f I understand this global-warming business correctly, the danger is >that the waters will rise and drown the whole of Massachusetts, New York >City, Long Island, the California coast and a few big cities on the Great >Lakes-in other words, every Democratic enclave will be wiped out leaving >only the solid Republican heartland. Politically speaking, for con ...

Document Size:	5270
Author:	Doug Henwood
Date:	Tue Apr 3 10:19:27 PDT 2001

33441 more on Singer -- rank: 1000

<http://www.heatisonline.org/hiol/fabricated.cfm> Fred Singer's Fabricated Quotes from Dr. Bert Bolin In June, 1997, S. Fred Singer, arguably the most reckless of the U.S. "greenhouse skeptics", launched a blitz of news releases which declared that Dr. Bert Bolin, then-chair of the IPCC, was disavowing his previous statements about climate science. According to a press released disseminated by Singer's organization, "Bolin publicly refuted claims by the Clinton Administratio ...

Document Size:	7686
Author:	Doug Henwood
Date:	Tue Apr 3 08:43:42 PDT 2001

33442 Global Warming -- rank: 1000

James Heartfield wrote: >Best if I quote the following report from the Wall Street Journal, JULY >25, 1997: By the ubiquitous S. Fred Singer, of course. So it's 2,500 to 100 (if you include some uncredential backyard meterologists and round up to the nearest 100). Doug ---- The Leipzig Declaration Copyright 1996 Times Publishing Company St. Petersburg Times July 29, 1996, Monday, South Pinellas Edition Cool to the warnings of global warming's dangers By David Olinger Maybe you haven't noti ...

Document Size:	13702
Author:	Doug Henwood
Date:	Tue Apr 3 08:39:39 PDT 2001

33443 European protectionism -- rank: 1000

James Heartfield wrote: >Here are some other irrational policies pursued by capitalist >governments: > >Jailing more than a million American Why is that irrational? It's a wonderful way to deal with a surplus population, increase police powers, and limit civil liberties. >With his usual rapier-like wit, You are too kind. > Doug challenges > >>Is the Journal of the American Medical Association part of the conspiracy? >><http://jama.ama-assn.org/issues/v281n24/ ...

Document Size:	6122
Author:	Doug Henwood
Date:	Tue Apr 3 08:22:33 PDT 2001

33444 Fwd: Newsday on WBAI and Letter from Ed Herman -- rank: 1000

From: "Lyn Gerry" <redlyn at loop.com> Date: Mon, 2 Apr 2001 16:15:06 -0400 Friends, Peter Goodman's most recent article on WBAI is below. Goodman has reported that Leid has added new programs on Africa. If she has, it's news to the staff. Further, Leid has functioned as the self-appointed Program Director since the coup. She unilaterally makes programming decisions--mostly to fire staff--without authority and without process. At WBAI, the General Manager has never interfered ...

Document Size:	11958
Author:	Doug Henwood
Date:	Tue Apr 3 08:10:42 PDT 2001

33445 RES: Ralph Nader's political olive branch to Bush -- rank: 1000

Alexandre Fenelon wrote: >-They seem to be annoyed more by Naderīs friendly stance towards Mr. Bush, >than >-with the article itself. For a so called leftist is somewhat difficult to >have >-some symphaty towards a president that conservative Brazilian newspapers >are >-still considering "the most rightwing US president in many years, even more >-conservative than Ronald Reagan". How are you seeing Mr. Bush Presidency? >The >-WSW had been long talking abou ...

Document Size:	6843
Author:	Doug Henwood
Date:	Tue Apr 3 08:05:24 PDT 2001

33446 WSWS vs WSJ -- rank: 1000

Date: Mon, 02 Apr 2001 16:39:52 -0700 From: John Gulick <jlgulick at sfo.com> Subject: Re: Ralph Nader's political olive branch to Bush Doug Henwood sez: >Here's the WSJ article. The WSWS analysis seems a bit overdone, no? I sez: Well, I obviously made the mistake of lauding the WSWS article before reading the WSJ article the WSWS author was commenting on. Certainly much of the WSWS analysis is wide of the mark, and imputes motives where none are evident. Nonetheless, Nader's editorial ...

Document Size:	6352
Author:	Doug Henwood
Date:	Tue Apr 3 07:36:18 PDT 2001

33447 regional chauvinism -- rank: 1000

Date: Mon, 02 Apr 2001 17:16:35 -0700 From: John Gulick <jlgulick at sfo.com> Jonathon Weber argues in an article posted by Doug Henwood: >Dot-coms are dead. Tech companies are bleeding. Easterners gloat over >Silicon Valley's demise. But the West remains the land of opportunity. This is mostly a collection of cliches (cliches being refracted partial truths), recycled from a book Joel Kotkin wrote two decades ago, _California Inc_. >In the age of the Internet, people once thought ...

Document Size:	6426
Author:	Doug Henwood
Date:	Tue Apr 3 07:37:44 PDT 2001

33448 Census 2000 and red-green politics -- rank: 1000

John Gulick wrote: >In other words, where the (white) technical-professional class is the least >"cosmopolitan" in taste and most racist socially -- i.e. Texas, Deep South, >etc. -- inner-city abandonment and exurban sprawl is the worst. Examples -- >Atlanta, >Houston, Birmingham, Jackson, Phoenix. Where the (white) >technical-professional class is the most "worldly" in taste and the least >racist socially -- i.e. Mid-Atlantic and New England, Pacific Nor ...

Document Size:	5480
Author:	Doug Henwood
Date:	Tue Apr 3 07:31:13 PDT 2001

33449 Hitchens takes on Boy Bill, Kissinger -- rank: 1000

j.f. noonan wrote: >That interview was in the Scaife funded nurcase rag -- I wonder >if his next book is to be published by Regnery? No he's still with Verso. The Trial of Henry Kissinger is just moving through the pipeline. His Clinton book sold well in all sorts of places where Verso books never sell - e.g., the South. You know what that tells you about the buyers. Doug

Document Size:	4920
Author:	Doug Henwood
Date:	Tue Apr 3 07:33:51 PDT 2001

33450 The coming Glorious Revolution -- rank: 1000

Brad Mayer wrote: >A bit dated by a few years, but still sounding fresh. Especially >refreshing is its clear, public voice, free of the annoying >encumbrances of postmodern/poststructuralist discourse. I am >especially in accord with the historical sequence: the Russian >Revolution was our Cromwellian Puritan Revolution, the next >revolutionary wave will bring us our own Glorious Revolution, when >at last the way forward for post-capitalist development will be >decisiv ...

Document Size:	5294
Author:	Doug Henwood
Date:	Mon Apr 2 14:54:16 PDT 2001