This is a really general question, but I need some references and suggestions
on how to research the trend towards mergers and acquisitions on wall street.
(I already have Doug's book). Specifically, how has this affected the rising
price of stocks, etc.
thanks, maggie coleman [EMAIL
In a message dated 99-04-23 12:26:24 EDT, Michael Perelman writes:
Golf courses employee an enormous amount of toxic materials, especially
pesticides and herbicides.
and all those pesticides and herbicides are now being linked to breast
cancer -- breast cancer lumps have several hundred
Just three points to add to the article:
Giuliani deals unfavorably with all minority communities, e.g.: stop and
frisks in Washington Heights (Hispanic) are as high as Harlem (African
American), street pedlars (immigrants across many countries) have been
extorted and driven out of business,
In a message dated 99-03-05 10:36:45 EST, you write:
Problem was, it was discovered late in the
game that the buffalo is an anatomically correct he. And that Clinton when
he spoke at Interior would be standing, wags the Post, "right near its
anatomical correctness." Hence the last-minute
In a message dated 99-03-05 19:10:46 EST, you write:
I bought mine last night - in person at a BN retail store. The cashier
said that about half the people who buy it apologize.
Doug
that's too funny. A couple of years ago I went out and bought a copy of the
Republican "Contract With
In a message dated 99-03-05 14:10:43 EST, you write:
First, prior to the creation of the income tax, what sorts of taxes did
the federal gov't use to raise its revenues? All I could come up with
were excize taxes and tariffs, but this does not seem to be enough to cover
their outlays.
In a message dated 99-03-05 10:58:07 EST, you write:
This "boys will be boys" attitude is directly related to the military's
difficulty of keeping good pilots. Also, the killer instinct disrepctful to
rules and authroity is considered a desirable quality in "top gun" fighter
pilots. The
In a message dated 99-03-02 11:48:39 EST, you write:
There
are now, says the paper, 65 such local denominations, like the Ithaca (New
York) HOUR (the original--created nine years ago), the Berkeley BREAD, and
Kansas City's (Missouri or Kansas? The paper doesn't say) Barter Bucks.
In a message dated 99-03-01 10:32:50 EST, you write:
Lenin wrote and strategized about Russia in the early 20th century - a
partly industrialized, mainly rural society at the periphery of the
Eurocapitalist world. We live in the United States in 1999, an economic and
imperial giant whose
In a message dated 99-02-28 20:04:47 EST, Jim Devine says:
a recession would also end the surplus (raise the deficit) by lowering tax
revenues and raising transfer payments.
Well, yes a recession would lower tax revenues but with the new workfare laws
in all the states would it really
In a message dated 99-02-25 12:15:08 EST, you write:
The following is as unfair as is Wojtek's above, but my friends and I
who took basic training at Lackland Air Force Base and pre-lang
training at Brooks AFB, after going into San Antonio a number of
times, reached the conclusion that the
In a message dated 99-02-25 11:28:35 EST, you write:
What's wrong with that? This is what those southern hicks, who now control
the government in Washington, have been always doing. Rather than changing
their ways, we should seal the border along the Susquehanna River (aka the
Mason-Dixon
In a message dated 99-02-24 09:15:52 EST, Louis Proyect writes (this is a
partial quote from a longer missive):
We are in many ways in a situation like the one that
preceded WWI, including the Balkans as a hot spot. I view the current world
situation as extremely dangerous. I am positive that
In a message dated 99-02-23 09:56:34 EST, you write:
Maggie, my problem is not with pomos who do their own thing. It is really
with attempts to create a hybrid of Marxism and postmodernism such as Roger
Burbach, Stanley Aronowitz, Antonio Callari and Doug Henwood are doing. A
Monthly Review
In a message dated 99-02-23 12:11:10 EST, Jim Devine writes:
racism can pay for white workers in the
short run but it hurts them in the long run.
Further, because most people don't have the secure position that allows
them to look to the long-term or to act on their perspective, they get
In a message dated 99-02-23 13:45:26 EST, you write:
I was a small part of this debate, which was productive despite DM's
aggressive, flamer attitude. An edited version was later printed in
FEMINIST ECONOMICS. Marxists among us will note that DM vociferously
defended the proposition that
i'm not sure why everyone keeps attributing the idea of race as a social
construct to post-modernism. in fact, i'm surprised that so many anti-pomos
will give pomoists so much credit! the idea that race is a social construct
has a long a proud history, you can read it in the writing of
In a message dated 99-02-21 15:25:32 EST, you write:
History is the key, Doug. "Biology" and "society" are both essentialist
categories. The merit of approaches like Roediger and Allen's is that they
place racism in a historical context, which postmodernism stubbornly
refuses to do.
In a message dated 99-02-21 17:29:13 EST, Carroll asks Doug:
And it didn't push blacks down but rather the possessors of that wealth
extracted it from the labor of blacks. Do you really think that the
plantation
owners of the south were more interested in producing white supremacy
than
In a message dated 99-02-22 11:38:13 EST, jim devine writes:
I'm not exactly sure why Angela brings up the issue of whether or not
ideology is "false consciousness." That's not what I was talking about.
Ideology, as I sketched it above, can easily be "true consciousness" from
the perspective
In a message dated 99-02-22 10:47:30 EST, you write:
This is a profound symbol of the
dry rot of postmodernism and its pernicious influence on Marxism.
Louis Proyect
Louis, I don't know if you're signed on or not but i hope you get this.
while I am not a particular fan of much of
In a message dated 99-02-22 10:33:04 EST, Jim Devine writes:
I also think that the issue among the left is not
about whether or not race is a "social construct" or not. Rather, what
_kind_ of construct is it?
Is it a matter of institutions that have been created by the dominant
ethnic
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In a message dated 99-02-19 15:59:07 EST, [EMAIL PROTECTED] writes:
Subj: Help Stop Unionbusting in Ohio by Japanese Transnational
From: [EMAIL PROTECTED] (robin alexander)
Dear union brothers and sisters and
In a message dated 99-02-19 21:23:53 EST, michael writes:
I thought that the comment on McVeigh was inappropriate. Even if you
accept his thesis that bombing the oppressor is a reasonable approach,
killing children does not make much sense.
I'm not sure who Michael is addressing in this
In a message dated 99-02-13 10:32:04 EST, you write:
One more thing, though: historical parallels intended or not, and with
full knowledge of a certain cautionary warning about tragedies and farces,
one of the first regional conferences of this organization is going to be
held at Kent State.
In a message dated 99-02-13 02:02:10 EST, Tom Walker queries:
Then what was that DNA stuff on the blue dress, if not semantic clarity?
Well, it turns out that the dna was not usable (as opposed to admissable)
because almost everyone in Arkansaw has the same dna.
maggie coleman [EMAIL
In a message dated 99-02-03 20:33:43 EST, you write:
Have a read of some of Octavia Butler's science fiction. In some such as
Parable of the Sower and Clay's Ark we get to see the latter days of just
those gated communities as disease and social oppression spill over their
walls.
Ellen
In a message dated 99-02-01 23:23:26 EST, Jim Devine inquires:
I forget... does "IMF" stand for International Milton Friedman or
International Mother F**kers?
I believe that the two alternative names are interchangeable. But perhaps we
could build a probit model to test for their relative
In a message dated 99-02-02 10:11:07 EST, doug quotes a keynesian article:
For a 1996 report on fiscal policy around the
world, IMF economists conducted a detailed study of 62 attempts by
industrial countries over the prior quarter-century to get their finances
in order. The study concluded
In a message dated 99-02-01 13:57:02 EST, you write:
I very much agree with this post by Louis Pro. I just wonder if to be
precise we should say "human life is doomed". Of course, that is the main life
form we are concerned about.
there are a number of biologists, virologists and other
In a message dated 99-02-01 16:31:22 EST, you write:
Why should the relation between socioeconomic status and HIV/AIDS be any
different than it is for another other illness and injury?
because hiv/aids has the potential of destroying the human race. maggie
coleman [EMAIL PROTECTED]
In a message dated 99-01-29 17:24:25 EST, you write:
f the Weimar/Russia analogy holds, we should expect fascism to rise to the
top in Russia soon.
Jim Devine [EMAIL PROTECTED]
Jim, haven't a number of fascists already won significant numbers of votes in
Russian elections? I can't
In a message dated 99-01-26 10:54:00 EST, you write:
Also isn't consumer debt reaching levels where increasing consumption
further will be difficult, at best?
Bill
What will make consumer debt even more dangerous is the bills wending their
way through Congress which will end
In a message dated 99-01-26 09:13:10 EST, you write:
China's Keynesian
pump-priming strategy is faltering as both credit rating and currency come
under immense pressure. A devaluation is suddenly on the cards.
While I haven't read a whole lot about the closing of Ditic and other
At 09:53 PM 1/20/99 EST, Maggie wrote:
... What is also most interesting is Alan Greenspan has now opposed the
investment of social sec. in the stock market. ...
Then Jim Define says:
I wonder who appointed Greenspan to criticize economic policy _in general_.
I thought he was only in
In a message dated 99-01-21 10:06:43 EST, you write:
P.S.: Anyone care to try to translate Butler's award-winning paragraph into
reasonably idiomatic English?
Ah, Brad, the question is, Is it worth translating into "reasonably idiomatic
English?" maggie coleman [EMAIL PROTECTED]
In a message dated 99-01-20 10:19:31 EST, max says, amongst many other things,
about the transfer of funds from social security to the stock market:
This transfer is pretty comical. It goes like this:
{and Max describes an unnecessarily complicated transfer process}
I think the transfer
The problem with knocking Clinton is that -- as sleazy as the man is -- he
still looks good next to the Republicans. Good and bad are relative terms and
by comparison, slick willy is coming up smelling like a rose. Now, if he can
just keep it in his pants for the duration
What's really the
In a message dated 99-01-19 12:19:47 EST, you write:
It's really too bad that when they do these Bad Writing Contests,
mathematical writing is not included in the hopper.
I agree with Jim Devine on this. So, here's my proposal -- let's hold our own
contest. Anyone who is interested
In a message dated 99-01-17 18:14:25 EST, you write:
Michael Perelman wrote:
At the time, beer was considered to be essential nutrition during times of
hard
work.
At the time? You mean it isn't anymore? I've been living my life under a
delusion then!
Doug
Hey all you historical
To me junk science is the fact that the National Institute of Health, paid for
in part with my tax dollars, has only recently begun the first study of women
and heart disease -- interesting since women have as many heart attacks as
men, and die of them at a much greater rate. Further, the NIH
In a message dated 99-01-18 08:09:19 EST, you write:
The upshot of
such an attitude is that the health of women is best assured through
maintaining the health of the men who, as hubbies, must pay their way.
Such bureaucrats should be obliged to start their tenure with a week
on the campus
In a message dated 99-01-18 12:12:49 EST, Peter Dorman writes in part:
But I'm not getting to the point. What I found utterly surreal about
this article is that its author {Shleifer} is under a cloud for having
personally
misappropriated public funds. So he is really modeling himself,
In a message dated 98-09-23 14:03:11 EDT, you write:
The resolution
cites a '"fivefold increase" in the number of striking
enterprises since the beginning of 1998 but notes that many
Communist Party raion and city organizations have "little
influence" on local labor collectives.
yes,
generally, the down turns in the stock market have nothing to do with what is
going on in the rest of the economy. maggie coleman [EMAIL PROTECTED]
In a message dated 98-09-03 14:44:18 EDT, you write:
This period, as was the case with the 'post-communist', etc.
efforts of globalising libearlism, will be the new ideology of the
status quo; 'post-liberalism' will be its name and normality will be its
game. Until, of course, those who such
Correct me if I'm wrong, but six months ago, didn't Samuelson say on National
TV that deep depressions were history in the current advanced capitalist
markets? Or am I thinking of someone else?
maggie coleman [EMAIL PROTECTED]
In a message dated 98-05-05 00:14:59 EDT, Jim Devine writes in response to
Valis:
do you really think that "propaganda of the
deed" (to use the old anarchist phrase) works? do you think that the media
couldn't easily put a reactionary spin on the sabotage of a TV relay tower,
especially
Jason; I'm glad to hear an updated version of Economics Today is coming out.
Is it going to be both macro and micro or just macro? The reason I ask is
that I am teaching macro in the fall.
maggie coleman [EMAIL PROTECTED]
In a message dated 98-05-04 14:21:01 EDT, you write:
1. Name all women Nobel prize winners in Economics.
Ans: none
2. In 110 years of existence, how many women Presidents have there been
of the A.E.A.?
Ans: One, but I can't remember her name
3. Name at least three female editors
In a message dated 98-05-04 12:43:00 EDT, you write:
Pot growing seems to have replaced moonshining in many rural
counties in the south. Friends who do rock-climbing have told me that in
some areas of West Virginia and Kentucky, locals admonish them to stay on
the trails so they don't
Rob, thanks for the history review. I remembered the gist of the history, but
not the particulars. It's easy to forget the explosive nature of these
holidays -- and you know the bourgeoisie doesn't forget, which is why they are
always trying to rewrite them. Cheers to downunder for
In a message dated 98-05-02 00:24:00 EDT, you write:
It seems rather unfair to tar students in any
generic sense with a brush
i did not talk about students in general -- i spoke about my 30 or so
students. i never said they were representative -- it is you taking my
particular and making
In a message dated 98-05-02 15:57:12 EDT, you write:
I get questions like this all the time, and never know what to answer. Any
advice?
I purchased your "Wall Street" and I find myself lacking substantially
enough economics background. I was wondering if you could recommend to me,
an
There have been several newsprogram reports lately about the extensive
marijuana cultivation in the deep south: Georgia, Alabama, etc. Does anyone
know exactly how true these reports are? I wonder if, now that the
conservative farmers are making ends meet with marijuana cultivation, the weed
Below this current message is the valis/maggie exchange on marijuana.
Valis, interesting quotes. However, they interviewed farmers in one southern
county where they had voted out the old sheriff who used federal money to
harrass the shit out of weed growing farmers, and elected a new sheriff
In a message dated 98-04-29 21:32:47 EDT, you write:
Hmm, really? My own recent tours of campuses, and conversations with
academics, combine to present a less pretty picture of the U.S. college
population. They seem, for the most part, poorly educated and don't seem to
give a fuck about much
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In a message dated 98-04-21 19:34:38 EDT, Bitburg1 writes:
Subject:Virus Warning
Friends:
If you receive an Email with the subject line "Badtimes" delete it
IMMEDIATELY, WITHOUT READING IT. This is the most
In a message dated 98-04-10 17:10:37 EDT, max writes:
Feel free
to regale him with your pet nostrums of vegetarian
leninism ([EMAIL PROTECTED]).
ah, but can we regale him with vegetarian stalinism? inquiring minds want to
know. maggie coleman [EMAIL PROTECTED]
so 'globalisation' has destroyed diversity, which is an alternative way of
saying capitalism demands conformation and destroys individuality. maggie
coleman [EMAIL PROTECTED]
In a message dated 98-04-10 11:36:29 EDT, Barkley Rosser writes:
As someone who spends a lot of time in Wisconsin and
actually used to live there, let me note that one factor in
Wisconsin's "success" on this matter has been an
exceptionally low unemployment rate. The surge of jobs has
In a message dated 98-04-09 18:03:49 EDT, you write:
Again, this is part and parcel of a wrong-headed approach to the whole
problem. Capitalist livestock breeding is not just cruel to the animal, it
creates all sorts of environmental and health problems that ultimately can
kill us. The
I am not disputing that many plant species are dieing. However (not really
knowing shit about botany) it was my understanding that new species are also
created on a regular basis. Is this true? ALSO, is the current RATE of
specie disappearance greater than it was say 10-20-30 years ago? If
In a message dated 98-04-07 23:02:42 EDT, nathan newman writes:
I'm less excited than interested in it as a piece of evidence on the
conservative divisions that are growing and paralyzing much of the rightwing
agenda.
I also happen to think that Buchanan is one of the more honest
They can afford to increase welfare -- I potentially see it as another slush
fund a/la the social security trust fund. They increase the monies available,
but get rid of the eligible population, so the money is there for the use of
the politicians. cute. maggie coleman [EMAIL PROTECTED]
In a message dated 98-04-08 12:39:55 EDT, michael perelman writes:
MScoleman [DID NOT WRITE THIS -- SOMEONE ELSE DID] wrote:
I also happen to think that Buchanan is one of the more honest
conservatives,
however lothesome his beliefs. He has become no less conservative, just
evolved
Dear Pen-lers;
I need a few references. If anyone can help, reply to me direct at
[EMAIL PROTECTED]
1. I know that the Republicans have recently tried to attach anti-abortion
riders to UN funding and IMF bills. Does anyone have a newspaper clipping
with a dated reference -- preferably
gee, what do they pay adjuncts? maggie coleman [EMAIL PROTECTED]
In a message dated 98-04-06 14:49:59 EDT, Louis Proyect writes:
It is not unusual to see hardware
engineers in their 50s and 60s in places like Rte 128 near Boston or in
Silicon Valley, but software engineers get burned out at an alarming pace.
I have two friends who write software -- one
In a message dated 98-04-05 16:19:00 EDT, you write:
I thought economists of their school
were grown in Petri dishes!
Dear Valis, flaming petri dish growth is simply unacceptable net behavior.
maggie coleman [EMAIL PROTECTED]
(for anyone who didn't get it, this is intended to be a
In a message dated 98-04-04 11:34:11 EST, Jim Devine writes:
BTW, for the life of me, I can't remember talking about "evening out" or
being snapped at for it. But that simply indicates the bizarre nature of my
brain processes.
Aha! We could call that synapization-a-snappa. (snicker)
In a message dated 98-04-04 13:35:50 EST, you write:
I reread your comments to which I responded, and read my whole response
(rather than the two introductory sentences you quote below) in context.
I'm not sure what you found patronizing.
Michael Eischner, It is possible I over reacted --
In a message dated 98-04-04 11:51:11 EST, Doug Henwood writes:
It's often surreal to hear Americans talk about globalization - a country
that was founded on a massive act of transnational appropriation, whose
early growth was funded by London finance, and which has run riot over the
outside
I think one of the problems with 'globalization' is the implication that
industrialization is moving into otherwise non-industrial countries. In fact,
that may not be true. Alot of 'emerging' nations are not industrializing,
they are simply being stripped. F'rinstance, the development of
At 11:32 AM 4/2/98 -0800, Jim Devine wrote:
Last night, I went to my neighborhood's "homeowner association" meeting,
which was a response to a recent gang slaying at the neighborhood park's
basketball court (luckily a very rare event). Despite the mixed ethnic and
religious character of
Aside from the problems within unions once people are organized and the
problems with organizing new members (all this stated well in other messages)
I think that the other primary thing missing is the overall political
'movement' atmosphere needed to organize anything. During the height of
60 Minutes has done several slots on the low pay of the military -- you might
give them a call and get transcripts. Also a newspaper search on government
employees not getting paid at all for months at a time should be productive, I
know I've read a couple of Times articles to that effect.
My next door neighbor is a union organizer for 32B/32J national -- which for
the uninitiated is the union that "made" John Sweeny and carried him to win
the election of the AFL/CIO. Oh, did I mention that my neighbor is African
American, male, and way left of center? He was hired by Sweeny
In a message dated 98-03-29 10:34:50 EST, you write:
The article also suggests that US professors who are heads of
departments earn at least $200,000. Can this be true?
Mark
sure it can be true -- because they exploit the almost slave like conditions
of adjuncts. maggie coleman [EMAIL
In a message dated 98-03-27 19:53:40 EST, Honorable Mediator (H.M.) Perelman
writes:
I would like to get some feedback about the net impact of the Soviets on
World History.
Here are some variables that I would consider:
The threat of the Soviet Union caused the U.S. and other capitalist
I have printed my initial statement and Tom Kruse's response below. Tom, I
don't disagree with you at all, but my statement was meant to be a sarcastic
commentary on military involvement IN the drug trade, not a comment on the
generosity of the drug fighting budget. [basically, this is a great
In a message dated 98-03-23 14:08:33 EST, bhottivista writes:
I occurs to me that illicit drugs should be considered as well. If
one could control for "supply shocks" like changing governments, transient
eradication efforts, etc. It would seem that something like planted domestic
acreage
In a message dated 98-03-20 17:06:27 EST, Doug writes:
Is this a blip, shortly to be squashed by Alan Greenspan, or a real
reversal of the downtrend in real hourly earnings that began in 1973?
if we're voting, i vote for blip. Also, I was thinking about why they
increase in real wages
In a message dated 98-03-20 12:40:19 EST, Doug writes:
Speaking of indicators, The Nation has asked me to put together a set of
economic/social indicators, to be published quarterly, that would be
revealing, interesting, and against the grain of conventional thinking.
Yeah -- previous
It was my understanding (admittedly, shaky at best) that these earnings
reports are real earnings which do not measure up to expected earnings. So,
is the slow down in earnings really a slow down or just a let down of
expectations??
inquiring minds want to know. maggie coleman [EMAIL
ILS, that's good, has a certain, je ne sais quoi.
I would also like to propose an indicator -- the HQI. Or, the Head Queen
Index. As the head queen, I would look at the red sector, then the white
sector, then reverse them in the looking glass, THEN I would say brilliant
things like; 'retail
In a message dated 98-03-14 05:06:03 EST, Dennis writes:
Also, for a country were half the population in the early Fifties lived in
non-urban areas, and where women were largely confined to familial jobs
and brutalized by fearfully medieval gender ideologies, this expansion of
the low-wage
In a message dated 98-03-14 11:56:56 EST, Doug writes:
I thought I was pretty unshockable, but a recent report from the U.S.
Bureau of Justice Statistics shocked me. Based on present incarceration
stats, a black male born today faces a 1 in 4 lifetime chance of doing
prison time. Prison,
In a message dated 98-03-14 13:06:44 EST, you write:
At 05:40 AM 3/14/98 EST, you wrote:
Maggie:
Certainly Germany is more unionized than the USA, but since the fall of
the
wall labor there has been under tremendous attack. As to Japan, the
benefits
accruing to labor have accrued
In a message dated 98-03-14 01:24:56 EST, Paul Meyer writes:
Sorry Maggie, for being anonymous but I am lazy about signing my name.
(ie Paul Meyer)
No problem, I was just curious as to who you are. As to the triumphalism of
the business press, some stations have taken steps to moderate this
In a message dated 98-03-12 23:06:59 EST, you write:
Even if you did throw the prison population into the stats, how much
would effect the official unemployment rate? 1 or 2 per cent?
The person who sent this comment didn't sign their message, and their email
address was no clue -- however
valis:
Your immense admiration for the German and Japanese systems suggests
to me that their judicious compromise between stalemated capitalist and
SD forces is the best we can hope for, there or here. Is that so?
Redmond:
Admiration? Hardly. They're capitalist, planet-raping bastards,
In a message dated 98-03-13 11:07:42 EST, you write:
So I've got a couple of Canadian dollar checks drawn on Canadian banks.
Piece of cake in this era of globalization, eh? No. My bank, Chase
Manhattan - not exactly a mom pop operation - says it'll take weeks to
collect 'em and the fee will
In a message dated 98-03-11 14:23:09 EST, you write:
At 12:12 PM 3/11/98 -0600, Bill wrote:
On Wed, March 11, 1998 at 09:20:07 (+0800) Anthony D'costa writes:
... in today's
highly competitive world economy.
Doesn't this imply
In a message dated 98-03-11 09:36:51 EST, Mark writes (amongst other things):
Anglo-Saxon world dominion has
lasted for almost three centuries and will probably last as long as
capitalism.
Mark
It depends on how you define Anglo-Saxon. maggie coleman [EMAIL PROTECTED]
Amongst other things Jim Devine writes:
Another reason for the US boom has increased consumer indebtedness. This,
partly caused by relatively stagnant real wages, has allowed consumer
spending to do relatively well.
Good point. Now a question about the relation of consumer debt to
In the midst of making many other interesting points, Louis Proyject writes:
What it will take to reverse these trends is a strengthening of the labor
movement, which is already beginning. Alex Cockburn's column in the same
digital edition of the Nation reports on the struggle of Oakland
In a message dated 98-03-09 14:32:22 EST, Arvind Jaggi asks:
Greetings. Could you point me to books/studies on the subject of
unemployment in academe. Specifically, I am interested in the work on the
broad phenomenon that covers the rise of adjunct and visiting faculty, and
the proliferation
In a message dated 98-03-09 12:10:58 EST, Michael Perelman writes:
I would like to start a dialogue on why the (U.S.) economy has been
doing as well as it has over the past few years. We know about the
problems, inequities , but why has the house of cards stayed up as
long as it has.
In a message dated 98-03-06 11:12:05 EST, Michael writes:
Be careful about this. It could be used much more often against the left
than the
right. Remember how Bruce Church's suit against the Farm Workers almost
destroyed
the union. With Rico, it would have been even easier.
--
I agree.
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