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5536 [lbo-talk] Giuliani: I hope Obama has read Amity Shlaes -- rank: 1000

On Jan 26, 2009, at 11:32 AM, farmelantj at juno.com wrote: > Isn't one reason why the US economy worsened > again from 1936-1938 because FDR tried to > return to a more orthodox fiscal policy, > involving attempts to balance the budget? > > Wasn't FDR's problem, that he wasn't Keynesian > enough at the time? Yes. There were both fiscal and monetary tightenings in 1936-37. According to some rough and unofficial estimates available from the NBER <http://www.nber.org/databa ...

Document Size:	5915
Author:	Doug Henwood
Date:	Mon Jan 26 09:53:20 PST 2009

5537 [lbo-talk] Waterboarding etc. -- rank: 1000

On Jan 26, 2009, at 12:31 AM, Michael Smith wrote: > On Sun, 25 Jan 2009 23:21:25 -0500 > Doug Henwood <dhenwood at panix.com> wrote: > >> Don't you think there's at least a touch of narcissistic grandiosity >> in CC's formulation? > > I didn't think so. Narcissistic? Grandiose? Neither > of those things, to my ear. > > That's the hard part, about Obama. Considered > as an individual -- as far as one can judge these > things from seeing a guy on TV ...

Document Size:	5649
Author:	Doug Henwood
Date:	Mon Jan 26 09:45:55 PST 2009

5538 [lbo-talk] Waterboarding etc. -- rank: 1000

On Jan 25, 2009, at 10:54 PM, Michael Smith wrote: > On Sun, 25 Jan 2009 21:01:26 -0600 > Carrol Cox <cbcox at ilstu.edu> wrote: > >> Obama is the current leader of the enemy of the human >> species. > > Carrol - reading lists, as you correctly observe, > can be a very tedious activity. > > But you just made it worth my while for another couple > of weeks. Don't you think there's at least a touch of narcissistic grandiosity in CC's formulation? Doug

Document Size:	5132
Author:	Doug Henwood
Date:	Sun Jan 25 20:21:25 PST 2009

5539 [lbo-talk] Brockes does Roubini -- rank: 1000

On Jan 25, 2009, at 2:58 PM, John Gulick wrote: > I see the need for product differentiation here. On the analysis of > the crisis > how do position yourself differently from Roubini, apart from the > obvious facts > that 1) your analysis is quasi-Marxist is his ain't and 2) he seems > to significantly > overanticipate the extent to which the Geithner-Summers squad will > come up > with bold departure type solutions. (And no, comparisons of gonad- > bedecked > ar ...

Document Size:	5593
Author:	Doug Henwood
Date:	Sun Jan 25 14:00:16 PST 2009

5540 [lbo-talk] Brockes does Roubini -- rank: 1000

On Jan 25, 2009, at 3:19 PM, Shane Taylor wrote: > The crucial question remains: how vagina-encrusted are Doug's > apartment walls? Not at all, I'm sorry to say. No phalluses either. Doug

Document Size:	4782
Author:	Doug Henwood
Date:	Sun Jan 25 13:51:31 PST 2009

5541 [lbo-talk] Brockes does Roubini -- rank: 1000

Guardian - January 24, 2009 <http://www.guardian.co.uk/business/2009/jan/24/nouriel-roubini-credit-crunch > He told us so They called him Dr Doom. He was the economist who three years ago predicted in detail a collapse of the housing market and worldwide recession - and was roundly ridiculed for it. Emma Brockes asks Nouriel Roubini what he foresees now Emma Brockes The New York offices of Nouriel Roubini's consultancy firm are as spare as the times: a desk, a phone, some blank Post-it ...

Document Size:	17017
Author:	Doug Henwood
Date:	Sun Jan 25 10:43:27 PST 2009

5542 [lbo-talk] liberals! -- rank: 1000

The 25 most influential liberals in the U.S. media. <http://www.forbes.com/2009/01/22/influential-media-obama-oped-cx_tv_ee_hra_0122liberal.html > Hitchens? Doug

Document Size:	4718
Author:	Doug Henwood
Date:	Sat Jan 24 18:59:34 PST 2009

5543 [lbo-talk] bankers quoting Marx! -- rank: 1000

On Jan 24, 2009, at 4:21 PM, Shane Taylor wrote: > McMeagan's gut, which she frequently argues from, is often just as > wrong. The Atlantic PR people once urged me to have her on the radio. I hadn't read too much of her stuff but that prompted me to read it. Yuck. What a horror. Doug

Document Size:	4796
Author:	Doug Henwood
Date:	Sat Jan 24 13:51:09 PST 2009

5544 [lbo-talk] bankers quoting Marx! -- rank: 1000

On Jan 24, 2009, at 9:35 AM, Shane Taylor wrote: > fcassia wrote: > >> Here: http://ipeatunc.blogspot.com/2009/01/when-marx-isnt-really-marx.html > > Can we find someone more credible than the glibertarian "McMeagan" > to debunk the quote? I don't trust her gut anymore than I trust an > unsourced forward. I couldn't find it on Marxists.org. And several things in the quote sound wrong - the use of "technology" seems contemporary, and there was no such ...

Document Size:	5189
Author:	Doug Henwood
Date:	Sat Jan 24 11:16:38 PST 2009

5545 [lbo-talk] bankers quoting Marx! -- rank: 1000

A friend who works at a hedge fund forwarded me this "quote of the day" from a friend of his who works at a bank. > Amazing how some people have great long range forecasts that are on > the ball !! > > "Owners of capital will stimulate working class to buy more and more > of > expensive goods, houses and technology, pushing them to take more and > more expensive credits, until their debt becomes unbearable. The > unpaid > debt will lead to bankruptcy of ...

Document Size:	5336
Author:	Doug Henwood
Date:	Fri Jan 23 14:43:45 PST 2009

5546 [lbo-talk] MLK vs. BHO -- rank: 1000

On Jan 23, 2009, at 5:17 PM, Dennis Perrin wrote: > A friendly suggestion: lose the black backdrop. Makes your > commentaries harder to read. Those backdrops are fine for shorter, > more visually oriented posts. But you have so much more to say. You're the second to say that. I like it. Am I that unusual? Doug

Document Size:	4741
Author:	Doug Henwood
Date:	Fri Jan 23 14:31:12 PST 2009

5547 [lbo-talk] Waterboarding etc. -- rank: 1000

On Jan 23, 2009, at 5:07 PM, Dennis Perrin wrote: > Hey, here's a nutty idea! Why don't we wait to see if Gitmo actually > closes! Even by Obama's elevated standards, he'll be overseeing > Gitmo for at least a year, so anything can happen. Personally, I > think he will close it. Bad PR. Not consistent with our "values." > Hey, Bush closed Abu Ghraib. Where's his love? As Rachel Maddow pointed out last night - gotta say, she's a lot more honest than that blowhard Olberma ...

Document Size:	5036
Author:	Doug Henwood
Date:	Fri Jan 23 14:15:46 PST 2009

5548 [lbo-talk] Waterboarding etc. -- rank: 1000

On Jan 23, 2009, at 4:45 PM, Chris Doss wrote: > Is banning waterboarding symbolic? Whew, that's a relief. All this > time I thought people being waterboarded were being actually > physically tortured, not just being symbolically attacked. According to CIA sources, for what those are worth, no one's been waterboarded in years. From today's NYT: <http://www.nytimes.com/2009/01/23/us/politics/23obama.html?sq=waterboarding&st=cse&scp=4&pagewanted=all. > "The immedia ...

Document Size:	5734
Author:	Doug Henwood
Date:	Fri Jan 23 14:13:38 PST 2009

5549 [lbo-talk] MLK vs. BHO -- rank: 1000

[Just posted this to my "blog," from yesterday's radio commentary. Links to audio excerpts at <http://doughenwood.wordpress.com/2009/01/23/radio-commentary-january-22-2009/ >.] Speaking of the new administration, I was profoundly annoyed by all the facile comparisons of Barack Obama to Martin Luther King that have been floating around in recent days. You d think that electing a black president solved all our racial problems! You d almost conclude, from all the vigorous back ...

Document Size:	8677
Author:	Doug Henwood
Date:	Fri Jan 23 14:09:33 PST 2009

5550 [lbo-talk] Waterboarding etc. -- rank: 1000

On Jan 23, 2009, at 4:33 PM, Chris Doss wrote: > For instance, recognizing that closing Gitmo down, say, tomorrow, or > any short-term time frame, is logistically impossible. I think people realize that. But I doubt it's "logistics" that's going to make it take a year. Doug

Document Size:	4815
Author:	Doug Henwood
Date:	Fri Jan 23 13:48:26 PST 2009