<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>Reflections on GardenWorld Politics      Douglass Carmichael</title>
	<atom:link href="http://carmichael.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://carmichael.wordpress.com</link>
	<description>news and ideas related to the book draft GardenWorld Politics - see "about the site" above</description>
	<lastBuildDate>Sun, 19 Oct 2008 18:41:46 +0000</lastBuildDate>
	<generator>http://wordpress.com/</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<cloud domain='carmichael.wordpress.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://www.gravatar.com/blavatar/5d28ec571258acaf69e8de2f47dc1f0d?s=96&#038;d=http://s.wordpress.com/i/buttonw-com.png</url>
		<title>Reflections on GardenWorld Politics      Douglass Carmichael</title>
		<link>http://carmichael.wordpress.com</link>
	</image>
			<item>
		<title>Shift to new site</title>
		<link>http://carmichael.wordpress.com/2008/10/19/shift-to-new-site/</link>
		<comments>http://carmichael.wordpress.com/2008/10/19/shift-to-new-site/#comments</comments>
		<pubDate>Sun, 19 Oct 2008 18:38:34 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/19/shift-to-new-site/</guid>
		<description><![CDATA[The past here is now 11 meg, and the challenge of the times both suggest the value of a new beginning for the blog. I have also posted GardenWorld politics at the home page, where the bog is also.
Book at
http://dougcarmichael.com/GWP.html
and the blog
http://doucarmichael.com/blog 
and the home page,which is easiest is
http://dougcarmichael.com 
The archive of the lastcouple of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3334&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/19/shift-to-new-site/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>notes oct 17</title>
		<link>http://carmichael.wordpress.com/2008/10/17/notes-oct-17/</link>
		<comments>http://carmichael.wordpress.com/2008/10/17/notes-oct-17/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 17:11:06 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/17/notes-oct-17/</guid>
		<description><![CDATA[10:09 pm 18th
Krugman
While the manic-depressive stock market is dominating the headlines, the more important story is the grim news coming in about the real economy. It’s now clear that rescuing the banks is just the beginning: the nonfinancial economy is also in desperate need of help.

an it be helped if old level profits keep going [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3318&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/17/notes-oct-17/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>Notes oct 16</title>
		<link>http://carmichael.wordpress.com/2008/10/16/notes-oct-16-2/</link>
		<comments>http://carmichael.wordpress.com/2008/10/16/notes-oct-16-2/#comments</comments>
		<pubDate>Thu, 16 Oct 2008 20:40:21 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/16/notes-oct-16-2/</guid>
		<description><![CDATA[DeLong from the gaurdian via Ecoomist&#8217;s view
Hence Ben Bernanke and his Fed loaned extraordinarily freely to banks and near-banks and non-banks in order to avoid what Milton Friedman said was the key mistake that made the Depression Great:&#8230; a liquidity squeeze that made cash hard to get. Call this Plan A.
So Bernanke and his Fed [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3316&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/16/notes-oct-16-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>stiglitz on the economy.</title>
		<link>http://carmichael.wordpress.com/2008/10/16/stiglitz-on-the-economy/</link>
		<comments>http://carmichael.wordpress.com/2008/10/16/stiglitz-on-the-economy/#comments</comments>
		<pubDate>Thu, 16 Oct 2008 15:57:43 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/16/stiglitz-on-the-economy/</guid>
		<description><![CDATA[&#8220;There&#8217;s More to the Economy than the Stock Market&#8221;
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3315&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/16/stiglitz-on-the-economy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>notes oct 16</title>
		<link>http://carmichael.wordpress.com/2008/10/16/notes-oct-16/</link>
		<comments>http://carmichael.wordpress.com/2008/10/16/notes-oct-16/#comments</comments>
		<pubDate>Thu, 16 Oct 2008 09:37:01 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/16/notes-oct-16/</guid>
		<description><![CDATA[From asian times..
There&#8217;s no enforcement mechanism or sanction to make sure the banks lend out what they have just taken in. If the US banks, arguing that they have a greater fiduciary responsibility to their common, voting shareholders over their silent partners in the US government, continue to hoard, not lend, their new riches, or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3312&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/16/notes-oct-16/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>Obama and the plumber</title>
		<link>http://carmichael.wordpress.com/2008/10/15/oboma-and-the-plumber/</link>
		<comments>http://carmichael.wordpress.com/2008/10/15/oboma-and-the-plumber/#comments</comments>
		<pubDate>Thu, 16 Oct 2008 02:59:00 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/15/oboma-and-the-plumber/</guid>
		<description><![CDATA[


       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3311&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/15/oboma-and-the-plumber/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>

		<media:content url="http://img.youtube.com/vi/vFC9jv9jfoA/2.jpg" medium="image" />
	</item>
		<item>
		<title>notes oct 14 2008</title>
		<link>http://carmichael.wordpress.com/2008/10/14/notes-oct-14-2008/</link>
		<comments>http://carmichael.wordpress.com/2008/10/14/notes-oct-14-2008/#comments</comments>
		<pubDate>Tue, 14 Oct 2008 18:35:55 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/14/notes-oct-14-2008/</guid>
		<description><![CDATA[lafire and banks..
http://calculatedrisk.blogspot.com/2008/10/up-in-smoke.html
11:43 negative equity, from Calculated Risk via NY Fed.
Having negative equity in one’s home reduces mobility rates &#8230; by nearly 50 percent from its baseline level according to our estimates. That the net impact of negative equity is to reduce, not raise, mobility certainly does not mean that defaults and foreclosures are insignificant [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3308&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/14/notes-oct-14-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>notes oct 13 monday 2008</title>
		<link>http://carmichael.wordpress.com/2008/10/13/notes-oct-13-monday-2008/</link>
		<comments>http://carmichael.wordpress.com/2008/10/13/notes-oct-13-monday-2008/#comments</comments>
		<pubDate>Mon, 13 Oct 2008 15:04:47 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/13/notes-oct-13-monday-2008/</guid>
		<description><![CDATA[.from calculated risk blog quoting Krugman in The Great Unravelling.

.. It seems clear to me that one should regard America&#8217;s right-wing movement &#8212; which now in effect controls the administration, both houses of Congress, much of the judiciary, and a good slice of the media &#8212; as a revolutionary power in Kissinger&#8217;s sense. That is, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3305&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/13/notes-oct-13-monday-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>graphic of past markets</title>
		<link>http://carmichael.wordpress.com/2008/10/13/graphic-of-past-markets/</link>
		<comments>http://carmichael.wordpress.com/2008/10/13/graphic-of-past-markets/#comments</comments>
		<pubDate>Mon, 13 Oct 2008 14:59:54 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/13/graphic-of-past-markets/</guid>
		<description><![CDATA[http://www.nytimes.com/interactive/2008/10/11/business/20081011_BEAR_MARKETS.html
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3304&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/13/graphic-of-past-markets/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
		<item>
		<title>notes oct 12</title>
		<link>http://carmichael.wordpress.com/2008/10/12/notes-oct-12/</link>
		<comments>http://carmichael.wordpress.com/2008/10/12/notes-oct-12/#comments</comments>
		<pubDate>Sun, 12 Oct 2008 17:30:04 +0000</pubDate>
		<dc:creator>carmichael</dc:creator>
				<category><![CDATA[9500]]></category>

		<guid isPermaLink="false">http://carmichael.wordpress.com/2008/10/12/notes-oct-12/</guid>
		<description><![CDATA[6:40 Money and interest and bad choice 
So, money is created by banks to lend, and hence more must be paid back than was lent out. the result is an increasing increasing need for growth to make the payments. Not possible. How much did we allow ourselves to go down paths that we knew were [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carmichael.wordpress.com&blog=91666&post=3300&subd=carmichael&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://carmichael.wordpress.com/2008/10/12/notes-oct-12/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">carmichael</media:title>
		</media:content>
	</item>
	</channel>
</rss>