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8776 [lbo-talk] they don't make mega-bears like they used to -- rank: 1000

Financial Times - December 23, 2008 Light at the end of the tunnel after a year of stagnation By Nouriel Roubini The following is an edited transcript from a video interview with Nouriel Roubini, by Aline van Duyn. FT: What's in store for 2009? NR: It is going to be a year of economic stagnation and recession for most of the global economy with deflationary pressures . . . I expect a global recession and a severe one. FT: So you think next year will probably be the worst year? NR: Yes. I see ...

Document Size:	9073
Author:	Doug Henwood
Date:	Wed Dec 24 14:56:51 PST 2008

8777 [lbo-talk] Analyst: Game over for GM stockholders; shares fall 21% -- rank: 1000

On Dec 24, 2008, at 5:29 PM, sandyinchina wrote: > No. If you want to invest, the bonds are safer, but "if you want to > speculate", > the stock might triple and the bonds won't. The stock could triple. But it could go to 0. Professional vulture investors usually buy bonds, not stocks. If you want to play with distressed securities, play with the stuff with some assets behind them and senior to common stock in the credit structure. Buying GM bonds is a bet, not an "inv ...

Document Size:	5391
Author:	Doug Henwood
Date:	Wed Dec 24 14:45:09 PST 2008

8778 [lbo-talk] great moments in diplomacy -- rank: 1000

[from a NYT story on newly published transcripts of Nixon-Kissinger phone calls] <http://www.nytimes.com/2008/12/24/washington/24kissinger.html> In April 1971, Mr. Kissinger accepted a call from the beat poet Allen Ginsberg, who hoped to arrange a meeting between top Nixon administration officials and antiwar activists. Perhaps you don t know how to get out of the war, Ginsberg ventured. Mr. Kissinger said he was open to a meeting. I like to do this, he said, not just for the enlig ...

Document Size:	5439
Author:	Doug Henwood
Date:	Wed Dec 24 13:06:34 PST 2008

8779 [lbo-talk] ellie mae question -- rank: 1000

On Dec 24, 2008, at 3:18 PM, shag carpet bomb wrote: > ok. so Wagner's <http://www.google.com/search?hl=en&safe=off&client=firefox-a&rls=org.mozilla:en-US:official&hs=a6u&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=Ride+of+the+Valkyries&spell=1 > >Ride of the <http://www.google.com/search?hl=en&safe=off&client=firefox-a&rls=org.mozilla:en-US:official&hs=a6u&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=Ride+ ...

Document Size:	5709
Author:	Doug Henwood
Date:	Wed Dec 24 13:00:23 PST 2008

8780 [lbo-talk] Living beyond one's means -- rank: 1000

On Dec 24, 2008, at 2:10 PM, Carrol Cox wrote: > Bah. I just do not unbderstand why anyone should need a moral > argument. > Those of us who are actually working to destroy capitalism (whether as > Marxists or under some other heading) merely one day found ourselves > alrready in that process and looked around for an analysis which would > clarify (NOT justify) that struggle. Oh yeah. You one day just decided that a thing called capitalism exists and that it could be supersede ...

Document Size:	5438
Author:	Doug Henwood
Date:	Wed Dec 24 11:31:02 PST 2008

8781 [lbo-talk] ellie mae question -- rank: 1000

On Dec 22, 2008, at 10:18 PM, Dorene Cornwell wrote: > It's a soap with better singing. Then there's Wagner or Berg. But half the (reduced) audience doesn't survive the first intermission on those. Doug

Document Size:	4673
Author:	Doug Henwood
Date:	Wed Dec 24 10:53:00 PST 2008

8782 [lbo-talk] Analyst: Game over for GM stockholders; shares fall 21% -- rank: 1000

On Dec 23, 2008, at 3:57 PM, John Thornton wrote: > I know a few people who are buying Ford and GM (not Chrysler > however) on the belief that the new administration will simply not > let these two fail If you want to speculate on that (or any other deeply troubled corp), buy the bonds, not the stock. The stock could well go to 0. I don't know what the bonds are trading at now, but they probably won't go to 0. Doug

Document Size:	5298
Author:	Doug Henwood
Date:	Wed Dec 24 10:45:07 PST 2008

8783 [lbo-talk] Straub piece -- rank: 1000

On Dec 23, 2008, at 5:26 AM, James Heartfield wrote: > Doug: > > "I'd love to see Wolcott eviscerate Pug." > > Nice to see the generous Spirit of Christmas is suffusing the list. > > Joyeux Noel to all You have a point. I love the Christmas season. Merry holidays to all, even Pug! Doug

Document Size:	4787
Author:	Doug Henwood
Date:	Tue Dec 23 04:53:00 PST 2008

8784 [lbo-talk] Straub piece -- rank: 1000

On Dec 22, 2008, at 4:30 PM, Joseph Catron wrote: > Do I want to ask what one of those looks like? The original appellation was in an ad for Corruptions of Empire, I think. There's a follow-up in the May 1, 1989, Nation that takes off from it: "I fear that James (Wanker) Wolcott has become discomfited by my speculations about the ravages wrought upon his countenance by solitary vice. In the April Vanity Fair he made one of his habitual middlebrow forays into middlebrow culture, revi ...

Document Size:	4960
Author:	Doug Henwood
Date:	Mon Dec 22 13:50:50 PST 2008

8785 [lbo-talk] Straub piece -- rank: 1000

On Dec 22, 2008, at 4:30 PM, Joseph Catron wrote: > Do I want to ask what one of those looks like? there was something about damp skin and flat hair, I think

Document Size:	4564
Author:	Doug Henwood
Date:	Mon Dec 22 13:38:53 PST 2008

8786 [lbo-talk] Straub piece -- rank: 1000

On Dec 22, 2008, at 4:17 PM, Dennis Perrin wrote: > Jim's also touted Lou Proyect. He's way ahead of most libloggers. I > just hope that MPug isn't bombarding him with crazed, overstuffed > emails. I'd love to see Wolcott eviscerate Pug. Remember that bizarre ego war that A. Cockburn launched against Wolcott? AC characterized him as having looking like a chronic masturbator, though in more vivid words than that. Not one of Ace's finer moments. Doug

Document Size:	4905
Author:	Doug Henwood
Date:	Mon Dec 22 13:25:29 PST 2008

8787 [lbo-talk] Straub piece -- rank: 1000

On Dec 22, 2008, at 4:04 PM, Dennis Perrin wrote: > How about Vanity Fair linking to MR? Capitalist meltdown brings us > all together. > > Jim's a good guy. Very funny in person. Never bet him, but his politics are pretty good. It wasn't the meltdown that brought him to MR, I suspect. Doug

Document Size:	4747
Author:	Doug Henwood
Date:	Mon Dec 22 13:09:51 PST 2008

8788 [lbo-talk] Straub piece -- rank: 1000

MR has posted the full text of Jim Straub's piece: <http://monthlyreview.org/081222straub.php>. Doug

Document Size:	4551
Author:	Doug Henwood
Date:	Mon Dec 22 12:44:02 PST 2008

8789 [lbo-talk] [DEBATE] : Re: (Fwd) Fed pump-priming; Doug sees a fix, Whitney doesn't -- rank: 1000

On Dec 22, 2008, at 2:03 PM, Patrick Bond wrote: > It's not perfect, but this is a good film and the book will be > great, too: http://www.indebtwetrust.org/ Oh yeah - I raised money for WBAI off that - twice. It's pretty good. Doug

Document Size:	5329
Author:	Doug Henwood
Date:	Mon Dec 22 11:15:10 PST 2008

8790 [lbo-talk] Warren fallout -- rank: 1000

Those who think the Warren invitation is merely "symbolic," muse on this. Diaz is a reactionary (and somewhat crazy-sounding) Dem who's at the forefront of blocking SSM in NYS. Doug ---- <http://www.nydailynews.com/blogs/dailypolitics/2008/12/diaz-fans-the-flames.html > Diaz Fans The Flames [Elizabeth Benjamin] December 22, 2008 Sen. Ruben Diaz Sr., who infuriated gay advocates for tying his state Senate leadership vote to the issue of same-sex marriage, released a statement ...

Document Size:	7971
Author:	Doug Henwood
Date:	Mon Dec 22 10:49:44 PST 2008