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5221 [lbo-talk] negligible and stupid -- rank: 1000

On Mar 5, 2009, at 10:51 AM, Michael Pollak wrote: > So it was already a right wing groundswell in the party that was > powering Reagan in the mid-70s. A groundwell, for sure, which had been growing since the Goldwater nomination in '64. But Goldwater got creamed, and the Reps didn't want to repeat that experience. If the right had been dominant, just what was Reagan swelling against? The political scientists say there was little difference in the parties' voting records in Congress in ...

Document Size:	5190
Author:	Doug Henwood
Date:	Thu Mar 5 10:06:23 PST 2009

5222 [lbo-talk] Citigroup: now a penny stock -- rank: 1000

MarketWatch www.marketwatch.com BULLETIN: Citigroup shares trade below $1 mark for first time ever 3/5/2009 11:23:50 AM EDT Visit http://marketwatch.com/r.asp?g=07774496A928428A8392670CC274C99E&d=bnbt for updates to this story and more

Document Size:	4989
Author:	Doug Henwood
Date:	Thu Mar 5 09:41:08 PST 2009

5223 [lbo-talk] EFCA - in the bag? -- rank: 1000

Ed Hyman's guy in Washington, Andy LaPerriere, reports this morning that the AFL-CIO's top lobbyist now claims they've got the 60 Senate votes necessary to pass card check, once Al Franken takes his seat, which seems almost certain. The crucial vote is Arlen Specter, the only Republican to have voted for it before. His state is heavily unionized, but he faces a primary challenge from the right. There's also pressure on a few Dems, esp Blanche Lincoln of Arkansas, the home state of Wal-Mar ...

Document Size:	5341
Author:	Doug Henwood
Date:	Thu Mar 5 06:27:34 PST 2009

5224 [lbo-talk] Economists are the forgotten guilty men -- rank: 1000

On Mar 5, 2009, at 12:05 AM, Michael Perelman wrote: > How many Marxists deny global warming? James Heartfield! We've got one right here!!!

Document Size:	4797
Author:	Doug Henwood
Date:	Wed Mar 4 21:12:51 PST 2009

5225 [lbo-talk] The Canadian banking model -- rank: 1000

On Mar 4, 2009, at 10:26 PM, ken hanly wrote: > The NEw York times article simply ignores the role of other > financial institutions than the large banks. > Over ten percent of Canadian financial transactions are done > through caisse populaires and credit unions. 10%? Is that all? You've hardly refuted the piece. Doug

Document Size:	4888
Author:	Doug Henwood
Date:	Wed Mar 4 21:12:13 PST 2009

5226 [lbo-talk] IT innovation and "the Markets" -- rank: 1000

On Mar 4, 2009, at 9:42 PM, John Thornton wrote: > I'm curious how central planning can gauge demand and price. > Seems to me markets do that fairly well. There are a lot of misses in markets. Products flop. Managers spend a lot of time trying to figure out how to price things. They see what sells and what doesn't. Theoretically planners could do the same. Maybe practice is more complicated, but "markets" conceal a lot of messy behavior under a shiny image of a self-adjusting ...

Document Size:	5190
Author:	Doug Henwood
Date:	Wed Mar 4 19:00:55 PST 2009

5227 [lbo-talk] America's unhappiest cities -- rank: 1000

On Mar 4, 2009, at 8:12 PM, Mark Bennett wrote: > Jacksonville? No. 6? I mean, I wouldn't live there for anything, > but why > are the citizens of Jacksonville so miserable? Rootless provincials?

Document Size:	4768
Author:	Doug Henwood
Date:	Wed Mar 4 17:27:10 PST 2009

5228 [lbo-talk] IT innovation and "the Markets" -- rank: 1000

On Mar 4, 2009, at 8:05 PM, Chris Doss wrote: ...his 7th post of the day, following 5 the day before. The limit is 3. Also, there's no need to append the full text of a post one is responding to, especially if that response is just one or two lines long. Doug

Document Size:	4909
Author:	Doug Henwood
Date:	Wed Mar 4 17:15:35 PST 2009

5229 [lbo-talk] Economists are the forgotten guilty men -- rank: 1000

On Mar 4, 2009, at 4:44 PM, Ira Glazer wrote: > http://www.timesonline.co.uk/tol/comment/columnists/anatole_kaletsky/article5663091.ece > February 5, 2009Academics - and their mad theories - are to blame > for the > financial crisis. They too deserve to be hauled into the dock Anatole > Kaletsky That's funny. Kaletsky was the "Kal" part of an investment boutique named GaveKal, which got famous for claiming that the U.S. current account deficit wasn't a problem, because ...

Document Size:	11240
Author:	Doug Henwood
Date:	Wed Mar 4 13:58:19 PST 2009

5230 [lbo-talk] negligible and stupid -- rank: 1000

On Mar 4, 2009, at 3:32 PM, Michael Pollak wrote: > But the majority of the party members have been conservative since > the Depression, since the party was then essentially everyone who > opposed the New Deal, which defines reactionary. They were the > majority during the 50s (hence their disaffection which bubbled over > into the "new" conservative movements). And of course it only got > worse after 1964, as the party gradually incorporated the South, > which ha ...

Document Size:	5599
Author:	Doug Henwood
Date:	Wed Mar 4 12:48:16 PST 2009

5231 [lbo-talk] America's unhappiest cities -- rank: 1000

On Mar 4, 2009, at 3:19 PM, Miles Jackson wrote: > Cloudy days are an indicator of unhappiness!? We like cloudy days > in Portland! Not judging by the depression and suicide rates. Unless Portlanders like depression and suicide. Doug

Document Size:	4798
Author:	Doug Henwood
Date:	Wed Mar 4 12:28:20 PST 2009

5232 [lbo-talk] negligible and stupid -- rank: 1000

[except now they're the core of the GOP - this is from a letter written by D.D. Eisenhower, quoted in part today by Paul Krugman] http://www.eisenhowermemorial.org/presidential-papers/first-term/documents/1147.cfm Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Amo ...

Document Size:	5270
Author:	Doug Henwood
Date:	Wed Mar 4 09:37:04 PST 2009

5233 [lbo-talk] Rush, living large -- rank: 1000

<http://gawker.com/5164242/how-we-all-helped-rush-limbaugh-buy-his-tacky-house >

Document Size:	4638
Author:	Doug Henwood
Date:	Wed Mar 4 09:00:34 PST 2009

5234 [lbo-talk] America's unhappiest cities -- rank: 1000

<http://images.businessweek.com/ss/09/02/0226_miserable_cities/12.htm> [nos. 11-20 in the unhappiest cities roster] 11. Milwaukee 12. Sacramento 13. Kansas City, Mo. 14. Pittsburgh 15. Memphis 16. Indianapolis 17. Louisville 18. Tucson 19. Minneapolis 20. Seattle

Document Size:	4876
Author:	Doug Henwood
Date:	Wed Mar 4 08:57:08 PST 2009

5235 [lbo-talk] America's unhappiest cities -- rank: 1000

<http://realestate.msn.com/article.aspx?cp-documentid=18182523&page=0> Recession takes its emotional toll on cities The economic downturn could lead to higher rates of crime, divorce, alcohol and drug abuse, depression and suicide. By BusinessWeek ... To get a sense of where the pain points are greatest, BusinessWeek.com came up with a list of the 20 unhappiest cities. These are major cities that were ranked based on their rates of suicide, depression, divorce, unemployment, job lo ...

Document Size:	5953
Author:	Doug Henwood
Date:	Wed Mar 4 08:53:07 PST 2009