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916 [lbo-talk] Occupy Wall Street on 9/17/2011 -- rank: 1000

On Sep 12, 2011, at 1:23 PM, Andy wrote: > Stamford? UBS did move there, but it's coming back. The trading kids want to live in Manhattan. Doug

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Author:	Doug Henwood
Date:	Mon Sep 12 10:31:19 PDT 2011

917 [lbo-talk] Occupy Wall Street on 9/17/2011 -- rank: 1000

On Sep 12, 2011, at 1:06 PM, 123hop at comcast.net wrote: > Minor point: most of the big investment banks have left Wall Street. > ----- > > Where are they now? Midtown. Goldman is still downtown, on West St, but Morgan Stanley is in Times Square. JPMorgan is on Park Ave, as is Citi. Merrill is part of a flailing regional bank HQ'd in North Carolina. Doug

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Author:	Doug Henwood
Date:	Mon Sep 12 10:14:50 PDT 2011

918 [lbo-talk] Occupy Wall Street on 9/17/2011 -- rank: 1000

On Sep 12, 2011, at 12:04 PM, Julio Huato wrote: > I'm just channeling the stuff I get from the URPE SC. I am sure there > are people unhappy with the choice of phrase. But I'm for people > trying things. It says it's been planned as a "legal and nonviolent" > protest. I thought you were into Seattle type of action. I was, but in retrospect I do wonder what it achieved. But I'm skeptical about this Wall Street action. I don't really understand who's behind it, what the ...

Document Size:	5330
Author:	Doug Henwood
Date:	Mon Sep 12 09:19:28 PDT 2011

919 [lbo-talk] Occupy Wall Street on 9/17/2011 -- rank: 1000

On Sep 12, 2011, at 11:00 AM, Julio Huato wrote: > US Day of Rage Are they kidding? Naming it after the Weathermen disaster of 1969? Fred Hampton, dissociating the BPP from that lunacy, said: "We do not support people who are anarchistic, opportunistic, adventuristic, and Custeristic." Doug

Document Size:	4895
Author:	Doug Henwood
Date:	Mon Sep 12 08:19:24 PDT 2011

920 [lbo-talk] Richard Clarke: The CIA knew about 9/11 -- rank: 1000

On Sep 11, 2011, at 10:46 AM, Julio Huato wrote: > I wrote in reply to Jordan: > >> Richard Clarke is a guy like any of us here. He can be -- >> you know -- fearful of revenge by those who may feel >> affected by the insistence and volume of his speculations. >> >> By the way, contra Carrol and others who believe the guy >> is deftly accomplishing his actual goals, Obama's political >> behavior as president could be similarly explained. Xe >> ...

Document Size:	6707
Author:	Doug Henwood
Date:	Sun Sep 11 09:19:15 PDT 2011

921 [lbo-talk] Differential Recovery from the 2008 crash by class -- rank: 1000

On Sep 9, 2011, at 8:59 PM, Michael Pollak wrote: > Doug, can you post a link to the study that Adolph Reed cites in his interview with you this week, that says that for the professional managerial class, recovery was pretty much complete by 2009? Did you write this up and I'm blanking on it? Don't know what he was talking about there actually. Perhaps something out of Northeastern U's labor study center? I can tell you this - here's employment by educational attainment in August, indexed so ...

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Author:	Doug Henwood
Date:	Fri Sep 9 18:42:44 PDT 2011

922 [lbo-talk] Dean Baker's Artistic Freedom Voucher... -- rank: 1000

On Sep 9, 2011, at 1:10 PM, Carrol Cox wrote: > In other words, you have in one brief paragraph demolished the Featherstone/Henwood/Parenti argument in their article, "Action Will Be Taken." First there must be action, then within that action goals are gradually theorized. Goals cannot be proposed by mere theorists. Funny, in the ten years since that appeared, we've heard from scores of activists - still do, to this day - who enthusiastically endorse that argument. They're burned ou ...

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Author:	Doug Henwood
Date:	Fri Sep 9 10:20:59 PDT 2011

923 [lbo-talk] Me in Dissent's "10 years later" symposium -- rank: 1000

On Sep 8, 2011, at 4:41 PM, Bhaskar Sunkara wrote: > Ah, they cut the hyperlink. And yes, it was suppose to be a virtue, a good > way to guard against state socialism, firing squads, and the other perils of > power, right? What's wrong with firing squads, ha ha? Doug

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Author:	Doug Henwood
Date:	Thu Sep 8 13:47:08 PDT 2011

924 [lbo-talk] Me in Dissent's "10 years later" symposium -- rank: 1000

On Sep 8, 2011, at 4:26 PM, Bhaskar Sunkara wrote: > Dissent Magazine hit me up to write in their "Ten Years Later" symposium. I > decided to defend Operation Iraqi Freedom. No, not really. I wrote about the > 90s and the MULTITUDE. Admittedly, I spent most of that glorious decade > watching Thomas the Tank Engine and trying to get my sister to turn down her > Nirvana records. > > http://dissentmagazine.org/online.php?id=531 > > Haven't read the rest of the c ...

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Author:	Doug Henwood
Date:	Thu Sep 8 13:37:03 PDT 2011

925 [lbo-talk] America's fiscal union -- rank: 1000

On Sep 8, 2011, at 12:41 PM, Jordan Hayes wrote: > I think there were a lot of people who nominally supported the stimpak who now say: well, we tried that, and it didn't work. Oh yeah. Try making the argument to a skeptic/opponent that goes something like this: "Unemployment crept higher for a few months after the StimPak passed, and then declined for about a year and a half. The decline stopped just as the effects of the stimulus was waning. This is exactly what could be expected from A ...

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Author:	Doug Henwood
Date:	Thu Sep 8 09:48:43 PDT 2011

926 [lbo-talk] America's fiscal union -- rank: 1000

On Sep 8, 2011, at 12:32 PM, SA wrote: > foxhole Keynesianism Nice phrase. I think that's exactly what it is - they're for stimulus only when things are going to hell. When they've stabilized, the dangers come to the fore. Doug

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Author:	Doug Henwood
Date:	Thu Sep 8 09:44:34 PDT 2011

927 [lbo-talk] America's fiscal union -- rank: 1000

On Sep 7, 2011, at 11:08 PM, Marv Gandall wrote: > 2. Does the fiscal union impose spending discipline on the poorer states? Do federal transfers come with strings attached, i.e. federal control over state spending? Yes, to some degree. The Republicans want to turn a lot of federal aid to state and local gov into block grants to allow states more "flexibility." Flexibility is almost always a cover for screwing the nonprivileged. The stimpak provided a lot of aid to state & loca ...

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Author:	Doug Henwood
Date:	Thu Sep 8 08:50:30 PDT 2011

928 [lbo-talk] America's fiscal union -- rank: 1000

On Sep 8, 2011, at 11:14 AM, SA wrote: > The Alabamians and Vermonters vote very differently, but not because they're trying to bolster some special regional economic interest at each other's expense. Well there are the old high wage/low wage conflicts, and the extractive/dirty industry vs. finance interests. Texas = oil = climate skeptics, New York = finance = fewer climate skeptics. Etc.

Document Size:	4897
Author:	Doug Henwood
Date:	Thu Sep 8 08:38:17 PDT 2011

929 [lbo-talk] Higher ed: where the money goes -- rank: 1000

On Sep 8, 2011, at 12:51 AM, Joseph Catron wrote: > There's often a comical discrepancy between budgets for infrastructure and > supplies http://www.leftbusinessobserver.com/InAndOutOfSchool.html > Breaking down expenditures by category is no more flattering to the U.S. than the enrollment numbers. Almost 12% of U.S. spending on primary and secondary schools is devoted to capital expenditures, 4 points above the average and one of the highest shares in the world (or the subset for which ...

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Author:	Doug Henwood
Date:	Thu Sep 8 07:10:16 PDT 2011

930 [lbo-talk] America's fiscal union -- rank: 1000

On Sep 7, 2011, at 11:44 PM, SA wrote: >> 3. Do the corporations based in the richer states which support these transfers have any interests other than maintaining these markets for their goods and services? >> >> It seems ironic that the states which most benefit from federal handouts consistently support the Republicans and are ideologically hostile to "Big Government", while the opposite is true for the richer states whose taxes are funnelled to the poorer states. ...

Document Size:	5879
Author:	Doug Henwood
Date:	Thu Sep 8 06:54:05 PDT 2011