[lbo-talk] Discussing the Crisis/Bailout

John Thornton jthorn65 at sbcglobal.net
Tue Oct 7 12:21:41 PDT 2008


Dmytri Kleiner wrote:
> On Tue, 7 Oct 2008 11:35:09 -0400, Doug Henwood <dhenwood at panix.com> wrote:
>
>
>>> U6 says it's already 11% :-)
>>>
>
>
>> Yup. So you want to drive U6 to 18%?
>>
>
> The Law of the Bailout: No matter how high unemployment goes, it would be
> higher without it! All hail the bailout, the bailout can be doubted!
>
> The American treasure-diggers will never learn.
>
> With his gift so bright and fair, To the arch-fiend be akin." "Pure life's
> courage drink!" cried he: "This advice to prize then learn,-- Never to this
> place return Trusting in thy spells absurd; Dig no longer fruitlessly.
> Guests by night, and toil by day! Weeks laborious, feast-days gay! Be thy
> future magic-word!

What was that you wrote about someone appearing a blustering laughing stock? More performance art perhaps?

John Thornton



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