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7546 [lbo-talk] Marc H. Rudov on Elliot Spitzer -- rank: 1000

On Mar 16, 2008, at 12:14 PM, Jerry Monaco wrote: > As one of my best gals Eh?

Document Size:	4664
Author:	Doug Henwood
Date:	Sun Mar 16 20:42:52 PDT 2008

7547 [lbo-talk] Dean Baker: Harsh words on US govt bailout of Bear Stearns -- rank: 1000

On Mar 15, 2008, at 10:25 PM, Sean Andrews wrote: > On Sat, Mar 15, 2008 at 6:41 PM, Shane Mage <shmage at pipeline.com> > wrote: >> >> On Mar 15, 2008, at 2:27 PM, Doug Henwood wrote: >>> He's going to stop the >>> Fed from doing what central banks are supposed to do (i.e. in >>> Bagehot's words, lend freely against good collateral at penalty >>> rates)? >> >> >> But isn't this actually lending freely against collat ...

Document Size:	6716
Author:	Doug Henwood
Date:	Sun Mar 16 20:35:55 PDT 2008

7548 [lbo-talk] Fed cuts -- rank: 1000

[this is two days ahead of a scheduled meeting - these guys are losing their shit] NEWS ALERT from The Wall Street Journal March 16, 2008 The Federal Reserve has approved a cut in its lending rate to banks by a quarter point to 3.25% and announced a new lending facility designed "to improve the ability of primary dealers to provide financing to participants in securitization markets." http://online.wsj.com/article/SB120571194513840285.html?? mod=djemalertNEWS

Document Size:	4921
Author:	Doug Henwood
Date:	Sun Mar 16 20:32:57 PDT 2008

7549 [lbo-talk] Renters priced out of L.A. -- rank: 1000

On Mar 15, 2008, at 5:33 PM, Jordan Hayes wrote: > I think there's a tendency to think of NYers as all being like Doug: > Manhattanites, skipping around in subways and cabs, not having owned a > car in years. Charlie Komanoff once told me that 1/2 of the households above the poverty line in the U.S. that don't own a car live in NYC. Doug

Document Size:	4978
Author:	Doug Henwood
Date:	Sat Mar 15 18:20:44 PDT 2008

7550 [lbo-talk] Dean Baker: Harsh words on US govt bailout of Bear Stearns -- rank: 1000

On Mar 15, 2008, at 1:17 PM, Eric wrote: > I'm sorry, but all this heavy breathing -- and the heaviest breather > of them all, Greg Palast, has his bout of hyperventilation here > <http://www.gregpalast.com/elliot-spitzer-gets-nailed/> That piece of Palast's was deeply stupid. On a minor point, he doesn't seem to know the difference between a Carlyle fund and the Carlyle Group. But the idea that they had to knock off Eliot Spitzer to do a new bailout facility is just crazy. He' ...

Document Size:	5884
Author:	Doug Henwood
Date:	Sat Mar 15 11:27:08 PDT 2008

7551 [lbo-talk] O's pastor condemned by racists -- rank: 1000

On Mar 14, 2008, at 4:14 PM, John Thornton wrote: > Can the Dems run Wright instead of Obama or Clinton? He's got my vote. You must hate America.

Document Size:	4731
Author:	Doug Henwood
Date:	Fri Mar 14 12:27:09 PDT 2008

7552 [lbo-talk] Fed's looking a little scared -- rank: 1000

On Mar 14, 2008, at 12:24 PM, B. wrote: > Quick question - is "going to the Fed's discount > window," and what I read below, essentially the > postmodern way -- sorry, I mean the economist's wonky > way -- of saying "going to the doorstep of govt. help > with hat in hand?" It is, but it's also highly stigmatized. The Fed doesn't like it except as a last resort, and the rest of the world views it as a confession that you're seriously, perhaps terminally, ill. ...

Document Size:	5199
Author:	Doug Henwood
Date:	Fri Mar 14 10:17:14 PDT 2008

7553 [lbo-talk] Fed's looking a little scared -- rank: 1000

[This press release just came out. Earlier this morning, they announced that Bear Stearns, a brokerage firm that serves a lot of hedge fund clients that has had trouble with some of its own funds lately and which has been rumored to be in trouble, had a line of credit with JP Morgan Chase, which in turn has a direct pipeline to the Fed's discount window. Bear can't borrow directly from the Fed, so this is the next best thing. This is all highly unusual.] <http://www.federalreserve.gov/n ...

Document Size:	5615
Author:	Doug Henwood
Date:	Fri Mar 14 07:42:55 PDT 2008

7554 [lbo-talk] Renters priced out of L.A. -- rank: 1000

On Mar 13, 2008, at 5:40 PM, Dennis Claxton wrote: > While Los Angeles always comes out on top when you read "most > congested" studies, it's not that far ahead of San Francisco and the > Bay Area, which don't hold nearly the same place in the public's > imagination of traffic jammed metropolitan areas. The average LA person spends 72 hours stuck in traffic; the average person in the Bay Area, 60. New York's a breeze, at 46! <http://mobility.tamu.edu/ums/congestion_dat ...

Document Size:	5183
Author:	Doug Henwood
Date:	Thu Mar 13 15:42:14 PDT 2008

7555 [lbo-talk] John McCain & the 4th International -- rank: 1000

[from a piece by Salon's Mike Madden, via Mike Allen] McCain clearly likes having the press around, more than most politicians do. Never mind that he jokingly calls reporters 'Trotskyites' and 'jerks.'

Document Size:	4854
Author:	Doug Henwood
Date:	Thu Mar 13 05:05:41 PDT 2008

7556 [lbo-talk] another powerful guy consorting with prostitutes -- rank: 1000

<http://www.ynetnews.com/articles/0,7340,L-3518069,00.html> Tehran police chief caught with 6 prostitutes Reza Zarei, who was in charge of 'moralizing the city,' forced to step down after being caught nude in local brothel Dudi Cohen Published: 03.12.08, 08:59 / Israel News Tehran's police chief, Reza Zarei, has been arrested after he was found nude in a local brothel with six naked prostitutes, the Farda news website reported Wednesday. Zarei stepped down from his post following the ra ...

Document Size:	6272
Author:	Doug Henwood
Date:	Wed Mar 12 20:38:24 PDT 2008

7557 [lbo-talk] Political Action &/or Revolution was State andCapitalism -- rank: 1000

On Mar 12, 2008, at 7:38 PM, Carrol Cox wrote: > Idiot. Can you just put a cork in this shit? Doug

Document Size:	4931
Author:	Doug Henwood
Date:	Wed Mar 12 17:52:51 PDT 2008

7558 [lbo-talk] Wealth tax -- rank: 1000

On Mar 12, 2008, at 4:39 PM, Paul Papadeas wrote: > Is it plausible to have a citizen's movement on pushing our elected > representatives for a "swiss-style wealth tax" in this country as > Doug discussed the benefits in his book "Wall Street". I'm > fascinated by some of the measures that can be taken at this point > realistically to create an equal level playing field so to speak. > > Where do Obama and Hillary stand in relation to these measures > ...

Document Size:	5599
Author:	Doug Henwood
Date:	Wed Mar 12 13:57:01 PDT 2008

7559 [lbo-talk] WBAI's quackery is annoying as all gittout -- rank: 1000

On Mar 12, 2008, at 4:39 PM, John Thornton wrote: > I'm sure you've given the matter much consideration but don't you > worry > that having a show on a station known for conspiracy theory > propagation > will give people a negative perception of your work? Guilt by > association and all that. There are still some good people who do shows on WBAI. We cling to each other in hopes that better times are ahead. Doug

Document Size:	5123
Author:	Doug Henwood
Date:	Wed Mar 12 13:06:58 PDT 2008

7560 [lbo-talk] WBAI's quackery is annoying as all gittout -- rank: 1000

On Mar 12, 2008, at 11:13 AM, shag wrote: > My lord. Every time I tune in to WBAI, it's some quack. Now, it's > something about Queen someone and her personal story of > transformation, > creative, artistic processes and for christ sake, it's like some > hipster > version of a Helen Steiner Rice card. Oh. Goodie. She's talking about > connecting to her body at age 7 and an awakening at 17. Christ. Joe > Noonan > told me this, too, about all the healing quackery and now ...

Document Size:	5864
Author:	Doug Henwood
Date:	Wed Mar 12 10:05:29 PDT 2008