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5671 [lbo-talk] Goldman: More please! -- rank: 1000

[From Goldman Sachs' commentary on policy] If so, while we share concerns about the long-term budget outlook we also believe that the economy will need even more stimulus to offset the sharp pullback now underway in private-sector spending. Moreover, we're not entirely sure that the proposals, when fully aired, will fully represent new programs.

Document Size:	4803
Author:	Doug Henwood
Date:	Tue Jan 6 11:55:09 PST 2009

5672 [lbo-talk] more on Prop 8 -- rank: 1000

[an excerpt from the Egan-Sherrill paper] AFRICAN AMERICANS AND PROPOSITION 8 Here we present data indicating that while African Americans did support the measure at higher rates than voters as a whole, we have strong reason to think that their support was not as high as that estimated by the National Election Pool (NEP) exit poll (70 percent). Analysis of the full range of data available persuades us that the NEP exit poll overestimated African American support for Proposition 8 by ten pe ...

Document Size:	7512
Author:	Doug Henwood
Date:	Tue Jan 6 10:21:44 PST 2009

5673 [lbo-talk] Prop 8 revisited -- rank: 1000

To re-open a can of worms, a paper co-written by my friend Ken Sherrill of Hunter College has just been released, explaining the California Prop 8 vote by demographics. It's at: <http://www.thetaskforce.org/downloads/issues/egan_sherrill_prop8_1_6_09.pdf >. The relevant takeaway from the POV of the lbo-talk thread is that the black vote in favor wasn't statistically significant (in comparison to whites) after controlling for religiosity, but the significance re- emerges (significantly) ...

Document Size:	5285
Author:	Doug Henwood
Date:	Tue Jan 6 10:17:02 PST 2009

5674 [lbo-talk] can't wait to balance that budget -- rank: 1000

[Wow, these guys really have a hard time with priorities. From The Note.] Obama s Tuesday, per the transition office: President-elect Barack Obama will hold a meeting with Rahm Emanuel, Chief of Staff-designate; Timothy Geithner, Treasury Secretary-designate; Peter Orszag, Director- designate, Office of Management and Budget; Rob Nabors, Deputy Director-designate, Office of Management and Budget; Christina Romer, Director-designate, Council of Economic Advisors and Lawrence Summers, Direc ...

Document Size:	5712
Author:	Doug Henwood
Date:	Tue Jan 6 09:10:39 PST 2009

5675 [lbo-talk] Franken wins Minnesota -- rank: 1000

On Jan 6, 2009, at 11:55 AM, Lenin's Tomb wrote: >> Hi Richard! >> >> Doesn't this make Franken equally as bad as every other elected >> democrat? > > > Yes, but at least they don't come with the healing power of laughter. Hey, I thought you said that Franken isn't funny (which he hasn't been for about 30 years). Doug

Document Size:	4908
Author:	Doug Henwood
Date:	Tue Jan 6 09:08:24 PST 2009

5676 [lbo-talk] Ron Asheton, RIP -- rank: 1000

<http://www.mlive.com/news/ann-arbor/index.ssf/2009/01/stooges_guitarist_ron_asheton.html > Ann Arbor home by Art Aisner | The Ann Arbor News Tuesday January 06, 2009, 8:28 AM Famed rock-and-roll guitarist and longtime Ann Arbor resident Ronald "Ron" Asheton was found dead in his home on the city's west side this morning, police said. Asheton, 60, was an original member of The Stooges, a garage-rock band headlined by Iggy Pop and formed in Ann Arbor in 1967. Stooges guitarist ...

Document Size:	6182
Author:	Doug Henwood
Date:	Tue Jan 6 08:43:48 PST 2009

5677 [lbo-talk] Let the Right One In -- rank: 1000

[This was appended to the full digest, so it bounced for length. Please don't do that.] From: 123hop at comcast.net Date: January 5, 2009 2:09:08 PM EST To: lbo-talk at lbo-talk.org Subject: Let the Right One In For east bay LBOsters: There's a beautiful and fascinating Swedish vampire movie (Let the Right One In) playing at the Parkway (near Lake Merrit) this week: http://www.parkway-speakeasy.com/calendar/index.html Not a feel good movie, definitely not for kids, maybe mature teenagers. My ...

Document Size:	5505
Author:	Doug Henwood
Date:	Mon Jan 5 11:29:44 PST 2009

5678 [lbo-talk] American Jews' declining attachment to Israel -- rank: 1000

[posted by Lou Proyect to Marxmail] <http://www.ynetnews.com/articles/0,7340,L-3446492,00.html> Study: US Jews distance themselves from Israel Published: 09.06.07, 09:23 / Israel Jewish Scene Feelings of attachment to Israel declining among non-Orthodox American Jews, and are replaced by indifference and even alienation, study finds. Only 48% think Israel's destruction would be a personal tragedy for them, only 54% 'comfortable with the idea of a Jewish state' Reuters Young non-Orthodox ...

Document Size:	13586
Author:	Doug Henwood
Date:	Mon Jan 5 10:12:22 PST 2009

5679 [lbo-talk] more on the nonexistent credit crunch -- rank: 1000

On Jan 5, 2009, at 12:14 PM, C. G. Estabrook wrote: > [From the other shore. --CGE] > > The Financial Crisis and Business Loans: The "Credit Crunch" That > Isn't > Written by Richard M. Ebeling > Monday, 05 January 2009 00:00 > > For months, now, the news has been filled with reports of a huge > credit crunch crushing the ability to borrow in the United States > economy. The impression of a financial sector that has ground to a > halt, however, is not ...

Document Size:	12677
Author:	Doug Henwood
Date:	Mon Jan 5 09:50:43 PST 2009

5680 [lbo-talk] more on the nonexistent credit crunch -- rank: 1000

Financial Times - January 5, 2008 Credit squeeze hits bigger companies hardest By Richard Milne Large companies in Europe and the US are seeing the terms of their credit facilities tightened faster and more severely than smaller companies - in contradiction of the received wisdom. Surveys by the European Central Bank, US Federal Reserve and Germany's Ifo economics institute all show banks tightening their lending criteria most for the largest companies. Possible reasons put forward for this ...

Document Size:	7140
Author:	Doug Henwood
Date:	Mon Jan 5 08:54:05 PST 2009

5681 [lbo-talk] Israelis using phosphorous -- rank: 1000

<http://www.timesonline.co.uk/tol/news/world/middle_east/article5447590.ece > Israel rains fire on Gaza with phosphorus shells Israel is believed to be using controversial white phosphorus shells to screen its assault on the heavily populated Gaza Strip yesterday. The weapon, used by British and US forces in Iraq, can cause horrific burns but is not illegal if used as a smokescreen. As the Israeli army stormed to the edges of Gaza City and the Palestinian death toll topped 500, the tel ...

Document Size:	9012
Author:	Doug Henwood
Date:	Mon Jan 5 08:47:40 PST 2009

5682 [lbo-talk] they're shelling hospitals -- rank: 1000

<http://ingaza.wordpress.com/> IT S REALLY HARD TO POST FROM HERE January 5, 2009, 3:29 pm Filed under: Uncategorized Every time I manage to make it back to Gaza to write for a period, a new calamity. They re shelling Awda hospital, in Jabaliya, the news reports. Our internationals there at the moment report it was two shells at a police post next to the hospital, one hospital worker getting shrapnel to the head, but surviving. The numbers slaughtered and injured are so high now 521 ...

Document Size:	10418
Author:	Doug Henwood
Date:	Mon Jan 5 08:45:10 PST 2009

5683 [lbo-talk] Israeli strategy -- rank: 1000

http://www.palsolidarity.org/main/2009/01/04/five-medics-killed-by-israeli-forces-in-gaza/ Five medics killed by Israeli forces in Gaza January 4th, 2009 | Posted in Press Releases, Gaza Region | Edit 4th January 2008, northern Gaza: International Human Rights Activists working with Palestinian medical crews today reported that another five Palestinian medics were killed today by Israeli forces. International Solidarity Movement activists spent the night accompanying ambulances in Gaza. They ...

Document Size:	8675
Author:	Doug Henwood
Date:	Mon Jan 5 08:43:17 PST 2009

5684 [lbo-talk] devolution -- rank: 1000

On Jan 5, 2009, at 10:09 AM, SA wrote: > Doug Henwood wrote: > >> Bad news...this is just pissing the money away. > > This is why the whole idea of post-ideological progressivism is > bankrupt even on its own terms. The Republicans have an ideology > that can explain why tax cuts are better than spending as a matter > of principle. (It's your money, etc.) The New Pwog Movement has > nothing like that to explain why spending is better than tax cuts. > They're terr ...

Document Size:	5401
Author:	Doug Henwood
Date:	Mon Jan 5 08:40:15 PST 2009

5685 [lbo-talk] devolution -- rank: 1000

On Jan 5, 2009, at 2:04 AM, Michael Pollak quoted Krugman: > The biggest problem facing the Obama plan, however, is likely to be > the > demand of many politicians for proof that the benefits of the > proposed > public spending justify its costs -- a burden of proof never > imposed on > proposals for tax cuts. Good thing for tax cuts, because investment tax credits would never past muster. They just don't work. No company ever made an investment because of a tax cre ...

Document Size:	5526
Author:	Doug Henwood
Date:	Mon Jan 5 05:20:36 PST 2009