Re: [PEN-L] U.S. Stamps

2007-02-27 Thread Rui Correia
I doubt it would be worth anyone's trouble to stock up on stamps! You would have to buy thousands and then what do you do with them to get your money back? Sell them back to where you bought them from? Plus there is a little technicality about the shelf life of the adhesive substance on the back

[PEN-L] Kucinich: Collision Course With Iran

2007-02-27 Thread Robert Naiman
This article can be found on the web at http://www.thenation.com/doc/20070312/kucinich Collision Course With Iran by REP. DENNIS J. KUCINICH [posted online on February 26, 2007] President Bush has claimed the Iranian government is supplying deadly weapons to fighters in Iraq and that those

Re: [PEN-L] whiteness studies

2007-02-27 Thread Jim Devine
On 2/26/07, Mark Lause [EMAIL PROTECTED] wrote: As a general rule of thumb, academic fads are never radical. yes, but they introduce all sorts of marvelous new jargon to use and abuse! (in econ., of course, the fads often involve new kinds of mathematics.) -- Jim Devine / The truth is more

Re: [PEN-L] U.S. Stamps

2007-02-27 Thread Jim Devine
On 2/26/07, Perelman, Michael [EMAIL PROTECTED] wrote: Charles Ponzi began by arbitraging Italian stamps, but then he went on to bigger things. as I understand it, that arbitrage was the promised basis for the returns in his famous scheme. But of course, the actual basis was selling new shares

[PEN-L] Iran Holocaust conference

2007-02-27 Thread Jim Devine
February 27, 2007/NYT Iranian Scholars Denounce Conference That Denied Holocaust By NAZILA FATHI TEHRAN, Feb. 26 — A group of Iranian academics, writers and artists has denounced the Holocaust conference held in Tehran late last year, calling it a move that endangered peace and hurt the

Re: [PEN-L] U.S. Stamps

2007-02-27 Thread Michael Perelman
It started out without the pyramid, but it got out of hand he shifted to the standard Ponzi format. On Tue, Feb 27, 2007 at 06:29:45AM -0800, Jim Devine wrote: On 2/26/07, Perelman, Michael [EMAIL PROTECTED] wrote: Charles Ponzi began by arbitraging Italian stamps, but then he went on to

Re: [PEN-L] Ponzi

2007-02-27 Thread Jim Devine
does anyone know of earlier Ponzi schemes, that Ponzi himself wasn't involved in? I'd bet that they exist, so that Ponzi's main contribution was making pyramid schemes famous. On 2/27/07, Michael Perelman [EMAIL PROTECTED] wrote: It started out without the pyramid, but it got out of hand he

Re: [PEN-L] Kucinich: Collision Course With Iran

2007-02-27 Thread Yoshie Furuhashi
On 2/27/07, Robert Naiman [EMAIL PROTECTED] wrote: This article can be found on the web at http://www.thenation.com/doc/20070312/kucinich Collision Course With Iran by REP. DENNIS J. KUCINICH [posted online on February 26, 2007] snip Yet the United States was able to use diplomacy with North

[PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread Rui Correia
They were shouting impeachment at Clinton something that happened behind closed doors, didn't hurt anybody and became an international joke. Bush is publicly more repugnant, it has directly or indirectly killed thousands in a range of countries and is an international sick joke menacing world

Re: [PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread Jim Devine
On 2/27/07, Rui Correia [EMAIL PROTECTED] wrote: They were shouting impeachment at Clinton something that happened behind closed doors, didn't hurt anybody and became an international joke. Bush is publicly more repugnant, it has directly or indirectly killed thousands in a range of countries

[PEN-L] news of the world

2007-02-27 Thread Jim Devine
from HARPER'S: An appeals court in Washington, D.C., ruled that the writ of habeas corpus does not apply to prisoners in the American concentration camp at Guantanamo Bay, Cuba. Americans celebrated the 275th birthday of George Washington, and President George W. Bush compared the War on

Re: [PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread Rui Correia
Yes, it certainly is worth something. Perhaps he should start a blog! It is heart-warming to know that not all teenagers are more preoccupied with swopping mobile phone ring tones. But now, speking of Star Wars, 'artists' are normally associated with the 'left'. So, knowing the impact that

Re: [PEN-L] GM to swallow Chrysler?

2007-02-27 Thread Michael Perelman
Jim, it is better to send the URL. Graphics overload many mailboxes. Thanks. Sincerely, C. Ponzi

Re: [PEN-L] GM to swallow Chrysler?

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 8:54 AM, Michael Perelman wrote: Jim, it is better to send the URL. Graphics overload many mailboxes. Thanks. Sincerely, C. Ponzi Doyle; Web based social sites get around the mail box issue of over load. Graphics of all kinds, especially I suppose

[PEN-L] Democratic military platform: Doube the size of special forces

2007-02-27 Thread Leigh Meyers
The Democrats aren't going to impeach anyone, they'd hate to set any precedents that could come back to bite them on the ass, because for the most part they are as corrupt as the Republicans. So y' all just drive your plastic Prius down to the cafe' while there's still petrochemicals to make the

Re: [PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread Jim Devine
On 2/27/07, Rui Correia [EMAIL PROTECTED] wrote: Yes, it certainly is worth something. Perhaps he should start a blog! yes he should. Unfortunately, he's in a boarding school in Connecticut that has no Internet access (as part of treatment for Asperger syndrome/mild autism). Actually, it's

[PEN-L] the war is over!

2007-02-27 Thread Jim Devine
Bumbling Ragtag Regiment Achieves Heartwarming Victory In Iraq February 27, 2007 | Issue 43•09 BAGHDAD—The war in Iraq came to a sudden, complete, and ultimately heartwarming end after the U.S. Army's hapless 115th Regiment defeated the insurgent forces in what military observers are terming a

Re: [PEN-L] Ponzi

2007-02-27 Thread David B. Shemano
Ponzi's scheme made it to the Supreme Court: http://caselaw.lp.findlaw.com/scripts/getcase.pl?navby=searchfriend=nytimes.court=UScase=/us/265/1.html. The case contains a nice summary of the scheme. To this day, litigation relating to Ponzi schemes is a relatively common part of what

Re: [PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread Rui Correia
what/who are /is Wild Geese? there were a few (at least two) films by that name, http://www.imdb.com/find?s=allq=geese, with quite a cast, this one, for example http://www.imdb.com/title/tt0078492/ Your typical film about former 'Western' (normally British/ American) soldiers / veterans/

Re: [PEN-L] Ponzi

2007-02-27 Thread Jim Devine
from David's source: In December, 1919, with a capital of $150, [Ponzi] began the business of borrowing money on his promissory notes. He did not profess to receive money for investment for account of the lender. He borrowed the money on his credit only. He spread the false tale that on his

Re: [PEN-L] news of the world

2007-02-27 Thread Leigh Meyers
Jim Devine wrote: from HARPER'S: British Prime Minister Tony Blair announced that he would bring home more than 1,600 of the 7,100 British troops in Iraq. . That's untrue! Grey propaganda. They aren't going 'home', unless 'home' is Afghanistan... More Myths: The UK Withdrawing From Iraq As

[PEN-L] Jesus Camp

2007-02-27 Thread Louis Proyect
Now available in home video, the documentary Jesus Camp puts the spotlight on rightwing evangelists and the children they have successfully indoctrinated. All in all, the film has the same kind of chilling effect as Village of the Damned or any other classic sci-fi film in which children are

[PEN-L] Military Spouses Underemployed And Underpaid No Matter The Gender

2007-02-27 Thread Leigh Meyers
‘’Working Around the Military'’ Revisited February 27, 2007 at 2:11 pm Filed under Military and defense, Children and families, Labor http://www.docuticker.com/?p=11340 ‘’Working Around the Military'’ Revisited Source: RAND Corporation “Previous studies have shown that military wives — women

[PEN-L] Can't sell, so owners give bank the homes

2007-02-27 Thread Charles Brown
Can't sell, so owners give bank the homes Desperate families walk away rather than lose them to foreclosure. Tuesday, February 27, 2007 http://vh10924.moc.gbahn.net/apps/pbcsi.dll/bilde?Site=C3Date=20070227Category=BIZ03ArtNo=702270375Ref=V2Q=100MaxW=500 Steve Perez /

Re: [PEN-L] Does it require an act of God to impeach that moron?

2007-02-27 Thread raghu
On 2/27/07, Rui Correia [EMAIL PROTECTED] wrote: President Bush has claimed the Iranian government is supplying deadly weapons to fighters in Iraq and that those weapons are being used to kill US troops in Iraq. This sounds horrific and frightening--and that is the point. The Administration

Re: [PEN-L] Iran Holocaust conference

2007-02-27 Thread Leigh Meyers
On 2/27/07, Jim Devine [EMAIL PROTECTED] wrote: February 27, 2007/NYT Iranian Scholars Denounce Conference That Denied Holocaust By NAZILA FATHI TEHRAN, Feb. 26 — A group of Iranian academics, writers and artists has denounced the Holocaust conference held in Tehran late last year, calling it

[PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Anthony D'Costa
fyi Anthony P. D'Costa, Professor Comparative International Development University of Washington 1900 Commerce Street Tacoma, WA 98402, USA Phone: (253) 692-4462 Fax : (253) 692-5718 http://tinyurl.com/yhjzrm

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 12:28 PM, Anthony D'Costa wrote: fyi Doyle Also currency markets are turbulent as well which looks systemic. Doyle

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doug Henwood
ah, the PEN-L juices are starting to flow!

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Louis Proyect
ah, the PEN-L juices are starting to flow! Fuck, after what I've seen since 1987, I am ready to take my $110,000 in an IRA CD that matures in March and buy a Pacific Rim mutual fund. -- www.marxmail.org

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 1:18 PM, Doug Henwood wrote: ah, the PEN-L juices are starting to flow! :-) Yes of course we all dance in the streets when something happens. Let's break out the champaign!! Tis the season for the left. Ahh What glory, God its so wonderful

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doug Henwood
On Feb 27, 2007, at 4:24 PM, Doyle Saylor wrote: Maybe a recession later this year. I think Alan Greenspan said something to that effect just the other day. I don't know whether that makes it more or less likely. Doug

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Jim Devine
On 2/27/07, Doug Henwood [EMAIL PROTECTED] wrote: ah, the PEN-L juices are starting to flow! not mine. Stock market gyrations are boring. I think that the news should stop reporting the DJIA and SP (etc.) completely -- unless they change more than 2% in one day. If the stock market were to be

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Leigh Meyers
I'll be sure to tell my friends who work at maginally profitable businesses throughout Santa Cruz that the 'left' is looking forward to celebrating a recession that would most likely disintegrate their jobs. No wonder the unions in America are flourishing. Leigh Doyle Saylor wrote: Greetings

[PEN-L] U.S. to Join Iraq Meeting With Iran and Syria

2007-02-27 Thread Yoshie Furuhashi
http://www.nytimes.com/2007/02/27/washington/27cnd-diplo.html February 27, 2007 U.S. to Join Iraq Meeting With Iran and Syria By HELENE COOPER and KIRK SEMPLE WASHINGTON, Feb. 27 — The United States will join other nations in high-level talks with Iran and Syria over the situation in Iraq this

[PEN-L] URPE at 2007 Left Forum, March 9-11 -- Register, Come to URPE Panels

2007-02-27 Thread Ruth Indeck
Dear URPE Members and Friends, The Left Forum will take place this year from March 9-11, at Cooper Union. The theme is Forging a Radical Political Future. Cooper Union is located at 7 E. 7th St. at 3rd Ave., NYC. See the Left Forum website for information on the program, speakers, directions,

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 1:30 PM, Doug Henwood wrote: I think Alan Greenspan said something to that effect just the other day. I don't know whether that makes it more or less likely. Doug Doyle; Up to now it has looked like a genuine soft landing. One would expect some

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doug Henwood
On Feb 27, 2007, at 4:33 PM, Jim Devine wrote: If the stock market were to be open 1 day a week, it would serve its purpose for capitalism without all the useless brouhaha. No it wouldn't. The whole point of the stock market is to make private claims on social wealth readily tradable and

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 1:33 PM, Jim Devine wrote: The excessive attention that the SM gets reflects the excessive power of the finance capitalists and wannabes, along with the fetishism of monetary forms of wealth. Doyle; Doesn't the market reflect fears of deeper cycles?

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Jim Devine
On 2/27/07, Doyle Saylor [EMAIL PROTECTED] wrote: Doesn't the [stock] market reflect fears of deeper cycles? the stock market reflects expected profits. Those expectations can reflect fads and the like. -- Jim Devine / The truth is more important than the facts. -- Frank Lloyd Wright

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Leigh Meyers
Doug Henwood wrote: Yes, the daily gyrations are economically meaningless, . Economics as if people don't matter. There's millions of people throughout America who make purchasing decisions for home and business, and hiring decisions for small businesses based on a quick read of the daily

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doyle Saylor
Greetings Economists, On Feb 27, 2007, at 1:34 PM, Leigh Meyers wrote: I'll be sure to tell my friends who work at maginally profitable businesses throughout Santa Cruz that the 'left' is looking forward to celebrating a recession that would most likely disintegrate their jobs. Doyle; Who

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread Doug Henwood
On Feb 27, 2007, at 4:56 PM, Doyle Saylor wrote: I've pretty much given up thinking a crisis is a left gift from heaven. Yay! Our forces are expanding!! Doug

Re: [PEN-L] News Alert: Wall Street Plummets After Chinese Stocks Take a Big Hit (fwd)

2007-02-27 Thread raghu
On 2/27/07, Doug Henwood [EMAIL PROTECTED] wrote: ah, the PEN-L juices are starting to flow! Why not? Hell I can go farther than that: did we see the steadying hand of the famous Plunge Protection Team at 3:00 pm EST? http://finance.google.com/finance?q=INDEXDJX:.DJI (On a more sober note,

[PEN-L] query: PK macro

2007-02-27 Thread Jim Devine
can anyone think of a good term to describe the post Keynesian school of Macroeconomics? I wouldn't call it left-Keynesian... -- Jim Devine / The truth is more important than the facts. -- Frank Lloyd Wright

Re: [PEN-L] News Alert: Wall Street Plummets blah-blah

2007-02-27 Thread ravi
How about a PEN-L 100 or PEN-L 25? Surely Yahoo or some such site provides the ability to track a fantasy portfolio? Step up PEN-L'ers. Choose the top 25 stock picks for the next 5 years (performance on a yearly basis). --ravi

Re: [PEN-L] News Alert: Wall Street Plummets blah-blah

2007-02-27 Thread raghu
On 2/27/07, ravi [EMAIL PROTECTED] wrote: How about a PEN-L 100 or PEN-L 25? Surely Yahoo or some such site provides the ability to track a fantasy portfolio? Step up PEN-L'ers. Choose the top 25 stock picks for the next 5 years (performance on a yearly basis). I'd put all my money on a

Re: [PEN-L] U.S. Stamps

2007-02-27 Thread ken hanly
I buy older mint stamps at 10 per cent below face value in Canada. I imagine you can probably do the same in the US. All sorts of people seem to think that if they hoard mint stamps they will bring a big return years later. Unless you happen to hoard a few select values you are more likely to have

[PEN-L] Who Wins in Iraq? - FP

2007-02-27 Thread Leigh Meyers
Iran. Who Wins in Iraq? March/April 2007 Newspaper headlines consistently remind us of the failures coming out of Iraq. The number of U.S. soldiers who have lost their lives continues to climb. The deaths of Iraqi civilians far exceed what almost anyone expected. And insurgent attacks are

[PEN-L] TXU takeover = Green makeover?

2007-02-27 Thread raghu
Private equity deals are good for the environment! Who knew? (What's the catch here? Did these guys just buy a lot of positive press coverage with no substance? Or is there a long-term strategy here?) http://www.chicagotribune.com/business/yourmoney/chi-0702270280feb27,0,4125299.column

[PEN-L] A must read

2007-02-27 Thread Louis Proyect
Tremendously profound meditation on Bernard Fall by Christian Parenti: http://www.thenation.com/doc/20070312/parenti

Re: [PEN-L] Ponzi

2007-02-27 Thread Carrol Cox
Jim Devine wrote: does anyone know of earlier Ponzi schemes, that Ponzi himself wasn't involved in? I'd bet that they exist, so that Ponzi's main contribution was making pyramid schemes famous. If I remember correctly the South Sea Bubble acted as a Ponzi scheme -- but my memory is vague.

Re: [PEN-L] Ponzi

2007-02-27 Thread Michael Perelman
It was a speculative bubble, but there was no obligation to repay the investors. On Tue, Feb 27, 2007 at 08:39:23PM -0600, Carrol Cox wrote: If I remember correctly the South Sea Bubble acted as a Ponzi scheme -- but my memory is vague. Carrol -- Michael Perelman Economics Department

Re: [PEN-L] TXU takeover = Green makeover?

2007-02-27 Thread Bill Lear
On Tuesday, February 27, 2007 at 16:53:45 (-0800) raghu writes: Private equity deals are good for the environment! Who knew? (What's the catch here? Did these guys just buy a lot of positive press coverage with no substance? Or is there a long-term strategy here?)

Re: [PEN-L] TXU takeover = Green makeover?

2007-02-27 Thread Eugene Coyle
I think this story is interesting because it strips naked the pretense that the big enviro group -- in this case NRDC and ED -- are anything more than corporate fronts. The president of NRDC, Frances Bienecke (The Yalies, Henwood and Divine, probably know the Bienecke library at Yale)

Re: [PEN-L] French Presidential Candidates Divided over Race Census

2007-02-27 Thread Jean-Christophe Helary
On 27 févr. 07, at 10:01, Yoshie Furuhashi wrote: From The Guardian: Ms Royal has said she wants to be president of a mixed-race France, proposing anti-racism measures such as forcing companies to reassess their recruitment policies. But last month the Socialist party was forced to expel one

Re: [PEN-L] French Presidential Candidates Divided over Race Census

2007-02-27 Thread Yoshie Furuhashi
On 2/27/07, Jean-Christophe Helary [EMAIL PROTECTED] wrote: On 27 févr. 07, at 10:01, Yoshie Furuhashi wrote: From The Guardian: Ms Royal has said she wants to be president of a mixed-race France, proposing anti-racism measures such as forcing companies to reassess their recruitment