On Oct 22, 2008, at 3:48 PM, Doug Henwood wrote:
On Oct 22, 2008, at 3:38 PM, ravi wrote:

Sometimes, when your opponent gives you the phrases you need, it is wise to use them.

And sometimes you should acknowledge that those phrases are embedded in a worldview hostile to your own.



And I did (in response to LP), in case it wasn't obvious. But to me, when someone like Volcker says "we need a decline in American SoL", that seems a great opportunity to drive home some points: not much can decline in the SoL of the bottom 50% -- perhaps a few things -- but the value of your idea, Chairman Volcker, is made clear when we look at the excesses of the top 20%.

You are right in that the intended/original subtext of his warning is an ominous one and that (warning statement) should therefore make him a bad guy.

        --ravi

--
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