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6556 [lbo-talk] Dodd bill -- rank: 1000

Sen Dodd's bailout bill looks not too bad - limits on pay, foreclosure protection, gov gets equity interest... <http://www.politico.com/static/PPM41_ayo08b28.html>

Document Size:	4634
Author:	Doug Henwood
Date:	Mon Sep 22 11:32:00 PDT 2008

6557 [lbo-talk] MS and GS become banks -- rank: 1000

On Sep 21, 2008, at 10:47 PM, Jordan Hayes wrote: >> [Wow, as Ed Hyman might say.] > > ... and then there were none! So the repeal of Glass-Steagall came to this: they all became commercial banks!

Document Size:	4738
Author:	Doug Henwood
Date:	Sun Sep 21 20:03:13 PDT 2008

6558 [lbo-talk] more... -- rank: 1000

<http://www.federalreserve.gov/newsevents/press/bcreg/20080921a.htm> Press Release Release Date: September 21, 2008 For release at 9:30 p.m. EDT The Federal Reserve Board on Sunday approved, pending a statutory five- day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies. To provide increased liquidity support to these firms as they transition to managing their funding within a bank holding company structure, the Federal Reser ...

Document Size:	5767
Author:	Doug Henwood
Date:	Sun Sep 21 19:44:32 PDT 2008

6559 [lbo-talk] MS and GS become banks -- rank: 1000

[Wow, as Ed Hyman might say.] From: Federal Reserve Board Notification <frboard-webannouncements at federalreserve.gov > Date: September 21, 2008 9:32:56 PM EDT To: dhenwood at panix.com Subject: Board approves, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies Board approves, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank ...

Document Size:	5341
Author:	Doug Henwood
Date:	Sun Sep 21 19:43:07 PDT 2008

6560 [lbo-talk] America today -- rank: 1000

On Sep 21, 2008, at 6:26 PM, Jordan Hayes wrote: > think the disdain had for a transit system is directly proportional > to how much you have to depend on it. Hey, I think the NYC system is pretty great. The buses could go a little faster, but that's the fault of all those damned cars. Doug

Document Size:	4730
Author:	Doug Henwood
Date:	Sun Sep 21 19:28:40 PDT 2008

6561 [lbo-talk] Treasury's proposed (and nameless) bailout law -- rank: 1000

On Sep 21, 2008, at 3:02 PM, Shane Taylor wrote: > Can the triple-A rating of US securities endure much more of this > shit? $700 billion is 5% of GDP. Federal debt is now around 38% of GDP. It was almost 50% in 1994, and over 60% in 1952. We can afford it. Doug

Document Size:	5025
Author:	Doug Henwood
Date:	Sun Sep 21 12:21:11 PDT 2008

6562 [lbo-talk] Treasury's proposed (and nameless) bailout law -- rank: 1000

[Make Hank and his successor virtually almighty, with no outside review.] <http://blogs.wsj.com/economics/2008/09/20/treasurys-financial-bailout-proposal-to-congress/ > Treasury s Financial-Bailout Proposal to Congress The following is the legislative proposal from Treasury Department for authority to buy mortgage-related assets: Section 1. Short Title. This Act may be cited as ____________________. Sec. 2. Purchases of Mortgage-Related Assets. (a) Authority to Purchase. The Secretary is ...

Document Size:	10986
Author:	Doug Henwood
Date:	Sun Sep 21 11:29:23 PDT 2008

6563 [lbo-talk] race costing Obama about 6 points -- rank: 1000

<http://www.politico.com/news/stories/0908/13686.html> The discussion on race Obama didn't want By: Ben Smith and Avi Zenilman September 21, 2008 10:05 AM EST When the Democratic primary descended into a charged debate about black and white and Sen. Barack Obama's racially polarizing pastor last spring, Obama took the stage to address the question of race head- on. "Race is an issue that I believe this nation cannot afford to ignore right now," Obama told those assembled at Ph ...

Document Size:	19390
Author:	Doug Henwood
Date:	Sun Sep 21 10:59:52 PDT 2008

6564 [lbo-talk] America today -- rank: 1000

[via Gawker - how meta] <http://wonkette.com/402893/402893> It s what America looks like, increasingly. The roads are potholed, the bridges collapsing, metro trains crash and kill as dull-eyed engineers peck text messages, airlines have become Aeroflot, dams and levees busting apart, yearlong waits to get a passport, maimed soldiers sent back to the endless war again and again, and a book- banning big-government cipher from Siberia is briefly popular for being a nasty moron.

Document Size:	5021
Author:	Doug Henwood
Date:	Fri Sep 19 18:16:31 PDT 2008

6565 [lbo-talk] Gallup Daily: Obama Now Leads McCain by 5 Points -- rank: 1000

<http://www.gallup.com/poll/110533/Gallup-Daily-Obama-Now-Leads-McCain-Points.aspx > Presidential preferences continue to shift toward Barack Obama in the midst of an unsettling Wall Street crisis that is shining a different spotlight on the presidential candidates. Voters now prefer Obama over John McCain by 49% to 44%.

Document Size:	5144
Author:	Doug Henwood
Date:	Fri Sep 19 10:36:08 PDT 2008

6566 [lbo-talk] Palin & feminism -- rank: 1000

On Sep 19, 2008, at 1:15 PM, shag wrote: > i don't know, what i saw of the whole thing was a focus on jesus > talk, the > humble me or my talk, the maverick talk. i didn't get much of a > sense that > she put herself forward or the republican party put her forward as a > feminist candidate. Did you miss her remark about the 18 million cracks in the glass ceiling? Or the McCain camp's characterization as "sexist" any criticism of her? I said "quasi"-feminis ...

Document Size:	5057
Author:	Doug Henwood
Date:	Fri Sep 19 10:35:08 PDT 2008

6567 [lbo-talk] why people vote the way they do -- rank: 1000

<http://gawker.com/5052329/scientists-explain-why-people-vote-for-republicans > WHAT WE NEED MORE OF IS SCIENCE Scientists Explain Why People Vote For Republicans Every election season, commentators trot out the old statistics about how more education makes people more likely to support Democrats, more studies are published on how liberal Daily Show viewers are so well- informed, and various smart people try to explain why anyone would ever vote for a Republican, against their "sel ...

Document Size:	9535
Author:	Doug Henwood
Date:	Fri Sep 19 09:29:42 PDT 2008

6568 [lbo-talk] Top Republican says Palin unready -- rank: 1000

On Sep 19, 2008, at 10:42 AM, sawicky at verizon.net wrote: > I remember that passage, being struck by its insight. > > That's why Hillary might have been a better candidate than Obama. Eh? Hillary is devious and awful in many ways, but she's hardly mediocre and her mind is hardly vacant. Doug

Document Size:	5004
Author:	Doug Henwood
Date:	Fri Sep 19 08:06:27 PDT 2008

6569 [lbo-talk] Paulson pulls out all the stops -- rank: 1000

NEWS ALERT from The Wall Street Journal Sept. 19, 2008 U.S. Treasury Secretary Hank Paulson, in public remarks, called for "further, decisive action to fundamentally and comprehensively address the root cause of our financial system's stresses," adding that hundreds of billions of dollars may be needed to fix the problems. He said the federal government must implement a program to remove illiquid mortgage assets that are weighing down financial institutions and threatening the eco ...

Document Size:	5339
Author:	Doug Henwood
Date:	Fri Sep 19 07:51:02 PDT 2008

6570 [lbo-talk] a cool trillion -- rank: 1000

[when you're already spending 3-5 in Iraq, what's another tril?] Politico.com Breaking News: ----------------------------------------------------- Lawmakers told as much as $1 trillion could be needed to avoid total U.S. financial meltdown. For more information...http://www.politico.com

Document Size:	4815
Author:	Doug Henwood
Date:	Fri Sep 19 07:04:36 PDT 2008