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6766 [lbo-talk] Canada election -- rank: 1000

On Oct 14, 2008, at 3:22 PM, ken hanly wrote: > The Liberals will no doubt jettison their leader Dion Celine went into politics?

Document Size:	4562
Author:	Doug Henwood
Date:	Tue Oct 14 12:30:38 PDT 2008

6767 [lbo-talk] stupid press release of the day: let them eat brussels sprouts -- rank: 1000

[Broke? No health insurance? No prob! Just eat right!!] Begin forwarded message: From: "Kelly Fay" <kellyf at theprgroup.com> Date: October 14, 2008 2:56:12 PM EDT To: "Christopher Clark" <dhenwood at panix.com> Subject: INTERVIEW: $700 Billion Bailout for Banks but What's the Answer for America's Health Care Crisis? MEDIA CONTACT: Kelly Fay 727.447.4992 x208 kellyf at theprgroup.com FOR IMMEDIATE RELEASE - HOST and LISTENER GIVE AWAYS ALWAYS AVAILABLE! $700 bill ...

Document Size:	10564
Author:	Doug Henwood
Date:	Tue Oct 14 12:04:22 PDT 2008

6768 [lbo-talk] man behind Obama is a Muslim: exterminate the Jews! -- rank: 1000

<http://www.thesmokinggun.com/archive/years/ 2008/1014081andymartin1.html> Anti-Semite Launched Obama Smears Before Barack bash, kook pledged to "exterminate" powerful Jews OCTOBER 14--The Chicago man credited with launching the Barack Obama- is-a-Muslim smear campaign once pledged to "exterminate Jew Power in America," and claimed that "Jew babies are fed with subsidized American taxpayer money," and that Jews were "schooled in blood sucking and money ...

Document Size:	7212
Author:	Doug Henwood
Date:	Tue Oct 14 10:50:16 PDT 2008

6769 [lbo-talk] Americans agree: gov should guarantee health, education, food -- rank: 1000

<http://www.worldpublicopinion.org/pipa/articles/home_page/553.php?nid=&id=&pnt=553&lb= > Obama, McCain Supporters Agree Government Responsible For Ensuring Basic Healthcare, Food, and Education Needs October 13, 2008 But on Healthcare, Both See Government Falling Short A new WorldPublicOpinion.org poll shows broad consensus among Americans that the government is responsible for ensuring that its citizens can meet their basic healthcare, food, and education needs. These vie ...

Document Size:	9448
Author:	Doug Henwood
Date:	Tue Oct 14 09:58:58 PDT 2008

6770 [lbo-talk] luther's revenge -- rank: 1000

On Oct 14, 2008, at 12:29 PM, shag wrote: > Oh, I'm planning on going b/c I want to know whether the food > actually tastes better -- and pollan has convinced me that > industrial organic food does not taste better. The milk sure tastes better, but maybe I'm a dupe. Besides, isn't it about the chemicals as well as taste? Doug

Document Size:	4812
Author:	Doug Henwood
Date:	Tue Oct 14 09:53:50 PDT 2008

6771 [lbo-talk] Gordon Brown nationalises the banks -- rank: 1000

On Oct 14, 2008, at 5:48 AM, James Heartfield wrote: > Still, I can't help but think that the British bank > 'nationalisation' (they are not entirely in public hands, let it be > said) fails to get to the root of the problem: the country's > extraordinary dependence on financial intermediation, and the > depletion of its manufacturing base I'll sorta agree on this: the bailouts on both sides of the Atlantic address, and probably more or less resolve, the financial crisis, but th ...

Document Size:	5419
Author:	Doug Henwood
Date:	Tue Oct 14 05:53:44 PDT 2008

6772 [lbo-talk] Fwd: Hashmi case--action needed -- rank: 1000

I had Theoharis and others on the radio to discuss this outrageous case on the radio in July: <http://www.leftbusinessobserver.com/Radio.html#080710>. He's essentially accused of having passed rainwear to someone who passed it AQ. Doug Begin forwarded message: > From: "Jeanne Theoharis" <jeannetheoharis at gmail.com> > Date: October 13, 2008 6:38:18 PM EDT > To: jeannetheoharis at gmail.com > Subject: Hashmi case--action needed > > Hi-- > > Last mo ...

Document Size:	7220
Author:	Doug Henwood
Date:	Mon Oct 13 15:44:23 PDT 2008

6773 [lbo-talk] why one conservative opposes o's tax cuts -- rank: 1000

On Oct 13, 2008, at 6:08 PM, shag wrote: > But more generically, raising the capital gains taxes is stupid in > pretty much every philosophy of economics, with well-understood > consequences. If the taxes are raised to the levels he wants, it > *will* cause capital to flee US venture finance markets for better > climes. Raising income tax or sales tax would be preferable, in terms > of negative impact; if you want to raise taxes, do it elsewhere. A few > directly relevant co ...

Document Size:	5600
Author:	Doug Henwood
Date:	Mon Oct 13 15:42:02 PDT 2008

6774 [lbo-talk] Fwd: WSJ MARKET ALERT: Dow Industrials Surge 940Points -- rank: 1000

On Oct 13, 2008, at 5:18 PM, Mr. X wrote: > Well it seems that the forclosures are getting the most blame for > starting this disaster and I am curious if it really is that > signnificant or is just an excuse to blame the masses for Wall > Street excesses. Wall Street raised the money to lend to the masses. No Wall Street, no housing bubble.

Document Size:	5216
Author:	Doug Henwood
Date:	Mon Oct 13 14:39:10 PDT 2008

6775 [lbo-talk] $250b equity stakes -- rank: 1000

NEWS ALERT from The Wall Street Journal Oct. 13, 2008 The Bush administration is expected Tuesday to roll out a wide-ranging effort to restore confidence to the battered banking system, following similar moves by European governments that sent global stock markets soaring. The initiatives will likely supersede many of the government's previous efforts. One central plank of these new efforts is a plan for the Treasury to take approximately $250 billion in equity stakes in potentially thousa ...

Document Size:	5468
Author:	Doug Henwood
Date:	Mon Oct 13 14:38:37 PDT 2008

6776 [lbo-talk] Fwd: WSJ MARKET ALERT: Dow Industrials Surge 940 Points -- rank: 1000

On Oct 13, 2008, at 4:32 PM, Charles Brown wrote: > Speaking of gloomsters, was all that chicken little talk crying for > a bailout for the superbanks overdone ? Uh, Charles, stocks rallied precisely because of the emergence of a large, internationally coordinated bailout that makes it look like The Authorities are finally getting it right. I still think stocks will decline over the next several months or year, and the economy will sag. But it's not the end of the world.

Document Size:	5331
Author:	Doug Henwood
Date:	Mon Oct 13 13:44:01 PDT 2008

6777 [lbo-talk] Fwd: WSJ MARKET ALERT: Dow Industrials Surge 940 Points -- rank: 1000

[All you left gloomsters who thought last week's action was proof that the end was near, what do you say to this? Me, I say last week was probably overdone, as is today - this is the sort of violent rally you often see in a long-term bear market. My guess is that we're still facing recession, but not the end of the world. But how about this for an endorsement of that old Wall Street maxim: "bailouts are bullish"?] MARKET ALERT from The Wall Street Journal. Oct. 13, 2008 The Dow Jo ...

Document Size:	5973
Author:	Doug Henwood
Date:	Mon Oct 13 13:23:17 PDT 2008

6778 [lbo-talk] bailout and inflation -- rank: 1000

On Oct 13, 2008, at 2:20 PM, ulisse mangialaio wrote: > will the bailout generate inflation? have all the central > banks'injections of liquidity generated inflation? I looked at some of the countries with big banking crises and bailouts - Sweden, Norway, Japan (well, sort of a bailout), and Korea. In all four cases, inflation declined. My guess is that the deflationary effects of a credit crunch outweigh the inflationary impulse of all that injected liquidity. Doug

Document Size:	4990
Author:	Doug Henwood
Date:	Mon Oct 13 11:46:22 PDT 2008

6779 [lbo-talk] David Brooks, so worried -- rank: 1000

On Oct 13, 2008, at 2:00 PM, Marvin Gandall wrote: > John Gulick writes: > > But anyway, returning to big picture issues, what do you make of the > following items? 1) The dollar gained internationally > when it looked like financial meltdown on Wall Street would > precipitate > solvency disasters and liquidity crunches across > the world, and there was -- ironically to be sure -- a "flight to > quality" > in US T-bills. 2) Now that the Paulson Plan 2.0 &g ...

Document Size:	6933
Author:	Doug Henwood
Date:	Mon Oct 13 11:12:27 PDT 2008

6780 [lbo-talk] Hitch endorses Obama -- rank: 1000

<http://www.slate.com/id/2202163/> It's all about "character"!

Document Size:	4584
Author:	Doug Henwood
Date:	Mon Oct 13 10:54:39 PDT 2008