Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Michael Perelman
I agree with Ravi here 100%. If we cannot address each other respectfully, how can we expect to be able to work on a larger scale. There is no need for antagonism here. On Sun, Mar 18, 2007 at 11:02:21PM -0400, ravi wrote: > At around 18/3/07 4:24 pm, Mark Lause wrote: > > > > Conversely, the

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Doyle Saylor
Greetings Economists, On Mar 18, 2007, at 7:06 PM, Sabri Oncu wrote: I cannot agree more. More than that, text based discussions are dangerous to the psychological wellbeing of all of us. Maybe we should all start using SKYPE or something, if we cannot manage to get together in a room to talk.

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread ravi
At around 18/3/07 4:24 pm, Mark Lause wrote: > > Conversely, the best way to minimize the extent to which this will happen is > to encourage the tendency to self-deception. If [EMAIL PROTECTED] thinks > I'm writing with excessive "venom and aggression," he should remember it's > only because I don

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Leigh Meyers
Sabri Oncu wrote What is interesting however is that an Economics PhD student of mine, who was writing a PhD thesis on some high-level time series stuff, told me and other students in my stochastic calculus class that Americans did this to themselves. . Yup, I believe. Absolutely... and I get

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Mark Lause
Sabri now writes, "it is not the majority of non-Americans but the majority of the citizens of Turkey who believe that Americans did this to themselves. I even claim that more than 90 percent of them believe this. If you have any doubts about my claim, go to Turkey to verify it for yourself. I was

[PEN-L] How Cognitive Dissonance Works - The Great Right Wing Brain Glitch Of 2007

2007-03-18 Thread Leigh Meyers
Tom Tomorrow: http://www.workingforchange.com/comic.cfm?itemid=22018

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Sabri Oncu
Doyle: > Text based discussions are at the further extreme distant > of the ability to address conspiracy or network theory. I cannot agree more. More than that, text based discussions are dangerous to the psychological wellbeing of all of us. Maybe we should all start using SKYPE or something, i

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Sabri Oncu
> Uh, yes. We need proof. > > ML Well! Let me take it back: it is not the majority of non-Americans but the majority of the citizens of Turkey who believe that Americans did this to themselves. I even claim that more than 90 percent of them believe this. If you have any doubts about my claim, go

[PEN-L] Greenspan's Subprime Comment Fizzles as Lenders Climb

2007-03-18 Thread Alejandro Valle Baeza
Greenspan's Subprime Comment Fizzles as Lenders Climb (Update2) By Michael Patterson March 16 (Bloomberg) -- Alan Greenspan, whose comments on recession helped send stock prices reeling two weeks ago, predicted the subprime-mortgage debacle in the U.S. will worsen. Shares of subprime lenders r

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Carrol Cox
ravi wrote: > > > The consolation of having to tolerate the sort of venom and aggression > (such as the above example) of psycho-conspiracists is that the very But the fools continually fuck up serious organizing against the war. I would no more want solidarity with them than with Bush himself. Fo

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Doyle Saylor
Greetings Economists, On Mar 18, 2007, at 4:05 PM, Sabri Oncu wrote: other students in my stochastic calculus class that Americans did this to themselves. Doyle; In order to mathematically address the general area, the Calculus is not the right area of study. One would want with conspiracies

Re: [PEN-L] Potestman's article on put options before 9-11--Call the question!

2007-03-18 Thread Mark Lause
Sabri states, "The majority of non-Americans believe that this is the case and you do not need proofs to believe anything. Do you?" Uh, yes. We need proof. ML PS: As a complete aside, I'm sure that "the majority of non-Americans" crap is...well, crap. But it's another one of those cul-de-sac d

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Doug Henwood
On Mar 18, 2007, at 7:05 PM, Sabri Oncu wrote: Doug: What does that prove? Did I say it proves anything? Didn't say you did - I was addressing the 9/11 conspiracists who make so much of this. But our list boss says no more of this, so who am I to disobey? Doug

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Sabri Oncu
Doug: > What does that prove? Did I say it proves anything? On the contrary, I said no econometric work proves anything. So you better be careful about your conclusions from your own econometric works as well. What is interesting however is that an Economics PhD student of mine, who was writing

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Michael Perelman
Paul knows that the trading does not prove a conspiracy I don't think that this discussion is leading anywhere. On Sun, Mar 18, 2007 at 05:27:51PM -0400, Doug Henwood wrote: > On Mar 18, 2007, at 5:10 PM, Sabri Oncu wrote: > > > Why are you surprised Doug? > > Ok, so there was some odd activity i

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Doug Henwood
On Mar 18, 2007, at 5:10 PM, Sabri Oncu wrote: Why are you surprised Doug? Ok, so there was some odd activity in options on airline stocks in the days before 9/11. What does that prove? It could be chance, it could be Osama trading on his own account, who knows? What it doesn't suggest is that

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Sabri Oncu
Doug: > Yup, these master plotters who could pull off a job > like 9/11 and blame it on some bearded dudes in caves, > forgot that there are detailed records of options > trading! I read Poteshman's (not Potestman) article. It is a decent article, although I cannot say that its econometrics is an

[PEN-L] Many Workers Live Paycheck to Paycheck: Survey

2007-03-18 Thread Yoshie Furuhashi
On 3/18/07, Perelman, Michael <[EMAIL PROTECTED]> wrote: And at the same time, trying to understand how to communicate that reality in a way that people can figure out a better way to change the world. Before we reach that level, I am convinced that setting out grand political strategies is mean

[PEN-L] outsourcing question

2007-03-18 Thread Michael Perelman
Was there a qualitative difference between the earlier move of US industry to southern & western states and the later transfer of manufacturing abroad, other than the use of contractors to run factories? Was the earlier wave more important in defeating labor? -- Michael Perelman Economics Depart

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Yoshie Furuhashi
On 3/18/07, Jim Devine <[EMAIL PROTECTED]> wrote: I wish people would focus on _social forces_, the balance of political power, the dynamics of capitalism and the like. In the USA? The balance of political power here is against the working class, that's for sure. -- Yoshie

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Mark Lause
To change the world, the people have to go into motion. They will change it the most if they do so around issues and in such a way as to not be easily demobilized once they are in motion. In the right time and place, a few people with the right idea can help shape this broad social process. Conv

Re: [PEN-L] a false dichotomy: economic vs. political issues [was:Darwin's God]

2007-03-18 Thread Michael Perelman
Success in such actions win credibility and open people up to a dialogue about bigger issues -- a two way dialogue rather than us educating them. On Sun, Mar 18, 2007 at 11:58:32AM -0700, Jim Devine wrote: > (1) movements for a living wage? > (2) movements to unionize maids and janitors? > (3) mov

Re: [PEN-L] a false dichotomy: economic vs. political issues [was:Darwin's God]

2007-03-18 Thread Jim Devine
Yoshie asks: >… What sort of political activity makes sense in this context? < How about: (1) movements for a living wage? (2) movements to unionize maids and janitors? (3) movements to defend immigrant rights? (4) the effort to defend civil rights and civil liberties? (5) the movement (partly by

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Perelman, Michael
Yes! Yes! Yes! And at the same time, trying to understand how to communicate that reality in a way that people can figure out a better way to change the world. Before we reach that level, I am convinced that setting out grand political strategies is meaningless. We first have to be able to com

[PEN-L] Khalid, A to Z

2007-03-18 Thread Dan Scanlan
The 'Confessions' Of Khalid Sheikh Mohammed From Nila Sagadevan 3-15-7 According to the headline article on BBC's front page, KSM is claimed to have admitted to the kangaroo court that tried him: " I was responsible for the 9/11 operation, from A to Z." KSM's confession was announced to the wor

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Leigh Meyers
Faraday Shields are good. The pink guy in Santa Cruz has one built into his parasol http://chezpim.typepad.com/blogs/images/downtownsantacruz.jpg On 3/18/07, Jim Devine <[EMAIL PROTECTED]> wrote: Ever since I started wearing my hat made out of aluminum foil, I've been immune to all this talk of

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Jim Devine
relatedly, did Hitler arrange for the Reichstag fire? IT DOESN'T MATTER. Hitler's boys exploited the event to the hilt to maximize their power. And the rest is history. similarly, it really doesn't matter if Bush/Rove/Cheney _et al_ arranged for 911. They exploited the event to the hilt to maximi

[PEN-L] "...Combining their systems...": US & Israel Joint Missle 'Defense' Exercise

2007-03-18 Thread Leigh Meyers
In Rasta vernacular... 'Shit-Stems'. Indeed, some s-it will stem from this sooner than later: "Israeli and U.S. forces are testing new ways to deal with missiles capable of carrying nuclear, chemical and biological warheads," We all KNOW who has these... Hint: Israel, U.S. hold large-scale joi

Re: [PEN-L] the rich are different from us...

2007-03-18 Thread Jim Devine
he's got to work at Brookings On 3/18/07, Michael Perelman <[EMAIL PROTECTED]> wrote: This is the wierd part: But society ought to think twice before trying to legislate away extreme wealth entirely. The super-rich may be gluttonous, but bear in mind that the same economic machinery that br

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Michael Perelman
Questions about conspiracy resemble theology. Does Jesus' picture on a grilled-cheese sandwich prove the eternal truths of Christianity. No doubt the government contributes to this. We can be certain that the 9-11 commission or any other such commission would fudge the truth to obscure certain e

Re: [PEN-L] the rich are different from us...

2007-03-18 Thread Michael Perelman
This is the wierd part: But society ought to think twice before trying to legislate away extreme wealth entirely. The super-rich may be gluttonous, but bear in mind that the same economic machinery that brought them excess also brought broad benefits to the rest of society. The last two decades ha

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread Jim Devine
Ever since I started wearing my hat made out of aluminum foil, I've been immune to all this talk of conspiracy. On 3/18/07, ravi <[EMAIL PROTECTED]> wrote: At around 17/3/07 5:40 pm, Mark Lause wrote: > > This also provides them with a way to dismiss real conspiracies with real > evidence. <...>

Re: [PEN-L] quotation du jour [was 911 considered/reconsidered ...]

2007-03-18 Thread ravi
At around 17/3/07 5:40 pm, Mark Lause wrote: > > This also provides them with a way to dismiss real conspiracies with real > evidence. <...> > > <...> But, no, instead of > that, we'll talk about what's clearly unserious fairy tales. > > It we look at the structure of all of this, it's the same sil

[PEN-L] the rich are different from us...

2007-03-18 Thread Jim Devine
http://www.latimes.com/news/opinion/la-op-easterbrook18mar18,0,5029294.story?coll=la-opinion-rightrail Cheapskate billionaires The super-rich have more money than they can possibly spend, so why do they give so little? By Gregg Easterbrook Gregg Easterbrook is a fellow of the Brookings Institut

Re: [PEN-L] Zizek extols Mao (I believe...)

2007-03-18 Thread Ted Winslow
That should have been For instance, "Christian" beliefs that make the eternal suffering of one's "enemies" at the hands of a vengeful sadistic "god" a source of "rapturous" joy indicate a degree of development lower than that required for the creation of the penultimate social form. This is conf

Re: [PEN-L] Zizek extols Mao (I believe...)

2007-03-18 Thread Ted Winslow
The url for the second passage ("what is wealth" etc.) is mistaken. It should be: As the 1881 draft of the letter to Vera Zasulich (www.marxists.org/archive/marx/works/1881/03/zasulich1.htm>) demonstrates, Marx didn't req

[PEN-L] Reply to Daniel RE: 9-11

2007-03-18 Thread Paul Zarembka
I now have time to answer Daniel, thus, see my "--". > In general, though, what is the point of an independent investigation? Nobbling an independent investigation is just about the easiest thing an intelligence agency ever does. -- Then it wouldn't be independent, would it? I guess you are sayi

Re: [PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Doug Henwood
On Mar 18, 2007, at 8:39 AM, Paul Zarembka wrote: This list should be able to discuss Potestman's article in the "Journal of Business" seriously. Yup, these master plotters who could pull off a job like 9/11 and blame it on some bearded dudes in caves, forgot that there are detailed records of

[PEN-L] Potestman's article on put options before 9-11

2007-03-18 Thread Paul Zarembka
This list should be able to discuss Potestman's article in the "Journal of Business" seriously. I'm not sure if you'd need JStor, but go to http://www.journals.uchicago.edu/JB/journal/issues/v79n4/790402/790402.html "Unusual Option Market Activity and the Terrorist Attacks of September 11, 2001"

Re: [PEN-L] Zizek extols Mao (I believe...)

2007-03-18 Thread Ted Winslow
Michael wrote: This misinterprets Marx. Forces and relations of production are "subjective." They express the degree of development of human "subjectivity," the degree of "development of the human mind." "accumulation is nothing but the amassing of the productive powers of social labour, so t