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6691 [lbo-talk] my weekend in "real" virginia -- rank: 1000

On Oct 26, 2008, at 11:08 PM, Carrol Cox wrote: > Thomas Seay wrote: >> >> C'ville, you're already in Communist Virginia :) Abingdon, you're >> almost in the Real Virginia, IMHO. Now go to Tazewell, Wytheville, >> Galax. Those are the real Virginia that I know. How many Obama >> signs do you see there? If you see more than a few there, then I >> will be really impressed. > > These are all-white areas? Yup. The explanation I heard back when I used ...

Document Size:	5359
Author:	Doug Henwood
Date:	Mon Oct 27 04:33:02 PDT 2008

6692 [lbo-talk] my weekend in "real" virginia -- rank: 1000

On Oct 26, 2008, at 9:18 PM, shag wrote: > The good news is: Obama signs were evident, even outside of > Charlottesville (where Doug once went to grad school, btw). There > were plenty in Staunton, even way out in the boonies on winding dirt > roads in the heart of Appalachian farm country. You say: "C ville was awesome and, while I realize that Doug and Seth hate this backwoods college towns, aiy, well, for those of us who actually had to grow up even further out in the woods ...

Document Size:	6069
Author:	Doug Henwood
Date:	Sun Oct 26 18:49:12 PDT 2008

6693 [lbo-talk] is this the fat lady singing? -- rank: 1000

[from Mike Allen] On his electoral map on Rove.com, Karl Rove turns Ohio blue. Rove, to Chris Wallace on 'Fox News Sunday': 'In order for McCain to win, he's got a very steep hill to climb. He's got to win all of the toss-up states ... Then he needs to strip away Ohio and Indiana ... And then he needs to either win Colorado and Virginia ... or win one of them plus Pennsylvania ... It's a steep uphill climb.'

Document Size:	5005
Author:	Doug Henwood
Date:	Sun Oct 26 10:20:59 PDT 2008

6694 [lbo-talk] Why is the U.S. dollar regarded as a safe haven. -- rank: 1000

On Oct 25, 2008, at 6:12 PM, Marvin Gandall wrote: > The liquidation of hedge fund holdings, mainly forced by margin > calls, has > driven the market down, and I can see where the dollar would be > boosted > where they have been dumping foreign securities. But I don't see how > the > carry trade figures in the dollar rise The dollar has been a low-yielding currency - much lower than the euro or sterling or the non-US dollars. So non-dollar positions are being liquidated an ...

Document Size:	5373
Author:	Doug Henwood
Date:	Sat Oct 25 15:22:19 PDT 2008

6695 [lbo-talk] Why is the U.S. dollar regarded as a safe haven. -- rank: 1000

On Oct 25, 2008, at 12:54 PM, Marvin Gandall wrote: > The dollar has been rising partly as a result of safe haven buying, > but > mainly because of demand for USD's by foreign companies which transact > business in the currency and by foreign borrowers who need to > service their > US-denominated debt. Hedge funds are also unwinding their positions in foreign currencies, and buying dollars. They're also buying yen to pay back loans taken out because yen interest rates were lo ...

Document Size:	5557
Author:	Doug Henwood
Date:	Sat Oct 25 14:22:08 PDT 2008

6696 [lbo-talk] Palin giving slip to handlers -- rank: 1000

<http://www.politico.com/news/stories/1008/14929.html> Palin allies report rising campaign tension By: Ben Smith October 25, 2008 08:42 AM EST Even as John McCain and Sarah Palin scramble to close the gap in the final days of the 2008 election, stirrings of a Palin insurgency are complicating the campaign's already-tense internal dynamics. Four Republicans close to Palin said she has decided increasingly to disregard the advice of the former Bush aides tasked to handle her, creating oc ...

Document Size:	14849
Author:	Doug Henwood
Date:	Sat Oct 25 06:01:36 PDT 2008

6697 [lbo-talk] Why is the U.S. dollar regarded as a safe haven. -- rank: 1000

On Oct 24, 2008, at 9:37 PM, ken hanly wrote: > One of the reasons given for the strength of the US dollar is that > it is regarded as a safe haven. I can see that people might avoid > currencies such as the euro because of the decline in economic > prospects there and also in other countries which have declining > currency values but why would investors not prefer gold or > purchasing companies which are dirt cheap in many case rather than > buying US dollars. What makes pe ...

Document Size:	5397
Author:	Doug Henwood
Date:	Fri Oct 24 20:12:14 PDT 2008

6698 [lbo-talk] "the dawn of a new Democratic era" -- rank: 1000

The Washington office of Wall Street's favorite economist, Ed Hyman of ISI, puts out an election update every Friday afternoon. Today's talks about the beginning of a new Democratic era, very much like the beginning of the Reagan years after 1980. Both periods share crises of their reigning economic paradigms. They're looking to higher taxes on the upper brackets, higher corp taxes, changes in labor law (e.g. EFCA), cap & trade on CO2, etc. They see this as not a matter of just four y ...

Document Size:	5303
Author:	Doug Henwood
Date:	Fri Oct 24 12:55:42 PDT 2008

6699 [lbo-talk] reversal -- rank: 1000

[via The Note] "On the stump and in interviews, McCain took Bush-bashing to a new level by charging that an Obama presidency would be a replay of the last eight years of Republican rule," Richard Sisk reports in the New York Daily News.

Document Size:	4625
Author:	Doug Henwood
Date:	Fri Oct 24 11:41:24 PDT 2008

6700 [lbo-talk] Overbought US dollar -- rank: 1000

On Oct 24, 2008, at 9:02 AM, ken hanly wrote: > Is there any objective way of telling if something is overbought. Not really. Market technicians use things like short-term rates of change (3-day, 5-day, 10-day, etc.) and consider anything above a standard deviation or two to be overbought. But there's a little bit of astrology to all that. Doug

Document Size:	4849
Author:	Doug Henwood
Date:	Fri Oct 24 11:05:41 PDT 2008

6701 [lbo-talk] You're in this video -- rank: 1000

On Oct 24, 2008, at 12:24 PM, Julio Huato wrote: > Hey, it looks like you're in this video. Crazy. Check it out: > > http://www.cnnbcvideo.com/index.html?nid=bpkPy8n.cxR2nd39Lue6ljM3MjAwMjM-&referred_by=5636225-2W6juNx > > Don't worry, this isn't spam or a virus. I'm just sending it through > the CNNBC website. > > -- Julio Huato Ha. Shag did up one of these for Adolph Reed. I doubt Carrol would care. Doug

Document Size:	5176
Author:	Doug Henwood
Date:	Fri Oct 24 10:47:06 PDT 2008

6702 [lbo-talk] Palin in 2012! -- rank: 1000

On Oct 23, 2008, at 3:42 PM, Steven%20L.%20Robinson wrote: > In the past, under Carter and Clinton, the religious right emerged > stronger at the end of a Dem administration than they were at the > beginning. May be its going to be different this time? They are an aging, shrinking demographic, Thank God.

Document Size:	4771
Author:	Doug Henwood
Date:	Thu Oct 23 12:54:13 PDT 2008

6703 [lbo-talk] Palin in 2012! -- rank: 1000

<http://marcambinder.theatlantic.com/archives/2008/10/palin_1.php> Palin In 2012: The Argument There's a suspicion in some McCain loyalist precincts that Gov. Sarah Palin is beginning to play the Republican base against John McCain -- McCain won't let her campaign in Michigan...McCain won't let her bring up Jeremiah Wright... McCain doesn't like her terrorist pal talks.... Think ahead to 2010...2011...2012. Palin is ambitious. Very ambitious. And if she wants the job, she's easily the f ...

Document Size:	8272
Author:	Doug Henwood
Date:	Thu Oct 23 09:20:17 PDT 2008

6704 [lbo-talk] Why the Dems lost the White Working Class -- rank: 1000

On Oct 22, 2008, at 8:28 PM, KJ wrote: > Just curious how this discussion lines up with the results of the > latest Pew > survey on the polls, e.g., an absolute majority for guaranteed > health care > (whatever that means, but does sound suspiciously like some version of > socialised medicine) Americans are very confused and believe lots of contradictory things. Remember, something like 3/4 of Bush voters in 2004 thought he supported the Kyoto Protocol. But a lot of Americans ...

Document Size:	5663
Author:	Doug Henwood
Date:	Wed Oct 22 18:25:58 PDT 2008

6705 [lbo-talk] Why the Dems lost the White Working Class -- rank: 1000

On Oct 22, 2008, at 6:53 PM, Carrol Cox wrote: > This discussion would be less weird if _some_ attention were given to > what the bulk of DP Congressmen, Senators, legislators, governors, > county chair(wo)men, judges, etc etc actually _believed_ or stood for, > as shown both by what they say and what they do or have done while in > office from dog catcher to president. Damn, I'm always forgetting that. Thanks for the reminder! Doug

Document Size:	5188
Author:	Doug Henwood
Date:	Wed Oct 22 18:19:49 PDT 2008