Re: [PEN-L] Saddam's strategy

By Kantian moral equivalence all near eastern political regimes are guilty of crimes to similar degrees. I remember from the days when Khomeini with about alhassan bani sadr were massacring the fadayeen (both akalyat and aktharyat), pecar (the maoists), tuddeh (the soviet allied) and the kurds.

Re: [PEN-L] A worthless piece of paper

Jim D, responding to Michael L. writes: by coincidence, I calculated the following: the columns are: (1) date (2) US$ price of crude: Spot Oil Price: West Texas Intermediate (3) US$/Euro (4) Euro price of crude (= (2)/(3)) .. the last numbers are crucial: from 10/2006 to 10/2007 the price

Re: [PEN-L] A worthless piece of paper

On Nov 20, 2007, at 8:02 AM, Paul wrote: Nor have U.S. (non-agric) export prices fallen Their dollar prices. But what about their yen or euro prices? The IMF's real effective exchange rate has the USD down over 25% since 2002, and 5% for the year ending in September. Doug

Re: [PEN-L] A worthless piece of paper

Doug H., responding to me, writes: Nor have U.S. (non-agric) export prices fallen Their dollar prices. But what about their yen or euro prices? The IMF's real effective exchange rate has the USD down over 25% since 2002, and 5% for the year ending in September. Ipso facto, US export prices h

[PEN-L] economics in the news.

Yesterday, I received a booklet in the mail from "California Newsreel" advertising "Eight Films on the World-Wide Impact of Neo-Liberal Economics" ("Multinational Corporations: the Environment, Human Rights, Immigration, and Growing Popular Resistance"). It looks like a good project (though I worry

Re: [PEN-L] A worthless piece of paper

On Nov 20, 2007, at 11:06 AM, Paul wrote: Doug H., responding to me, writes: Nor have U.S. (non-agric) export prices fallen Their dollar prices. But what about their yen or euro prices? The IMF's real effective exchange rate has the USD down over 25% since 2002, and 5% for the year ending in

[PEN-L] why a recession is needed??

[my comments in brackets] 17 reasons America needs a recession Think positive, this 'slow motion train wreck' is good for the U.S. By Paul B. Farrell, MarketWatch Last Update: 6:53 PM ET Nov 19, 2007 ARROYO GRANDE, Calif. (MarketWatch) -- Yes, America needs a recession. Bernanke and Paulson won

[PEN-L] words of wisdom

Finance is the art of passing money from hand to hand until it finally disappears. - Robert W. Sarnoff -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.

[PEN-L] rant, corrected.

[my comments in brackets -- I corrected some errors and added a final paragraph] 17 reasons America needs a recession Think positive, this 'slow motion train wreck' is good for the U.S. By Paul B. Farrell, MarketWatch Last Update: 6:53 PM ET Nov 19, 2007 ARROYO GRANDE, Calif. (MarketWatch) -- Y

[PEN-L] launching Working Class Studies Association Website

- Forwarded message from [EMAIL PROTECTED] - Date: Tue, 20 Nov 2007 23:13:11 -0500 From: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: launching Working Class Studies Association Website PLEASE POST AND FORWARD WIDELY On behalf of the officers, steering committee, and communications c