[PEN-L:6380] Re: Mergers and Acquisitions

1999-05-04 Thread MScoleman
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

[PEN-L:6381] Re: questions on modest proposals

1999-05-04 Thread Rod Hay
The clever Englishman was actually Irish and his name was Jonathan Swift. The modest proposal was that the Irish solve their food and population problem by eating their children. Second, way back when some clever englishman wrote an essay entitled "A modest proposal", which in similar

[PEN-L:6383] Re: Re: Re: Re: modernism

1999-05-04 Thread Doug Henwood
Yoshie Furuhashi wrote: Yes, you did put quotation marks around progress in your original post as well. What is striking about the present state of capitalist 'progress' is, though, that capitalism seems to be to a certain extent doing away with even the ideology of 'progress' for many parts of

[PEN-L:6385] Re: Re: Re: Re: partition?

1999-05-04 Thread Charles Brown
Unfortunately, the ruling class thinks as vulgarly and ruthlessly economically as your joke here. CB Jim Devine [EMAIL PROTECTED] 04/29/99 04:13PM At 03:14 PM 4/29/99 -0500, Ken wrote: ... I think the solution is simple. Milosoevic should use the southern sites as shields for tanks or guns.

[PEN-L:6387] Hedge-Fund Meltdown

1999-05-04 Thread Seth Sandronsky
Friends, I read the article below with much concern. A second Russian debt default could make the meltdown of the Long-Term Capital Management "hedge fund" look like a walk in the park, no? Seth Sandronsky Monday May 3 1999 HK issues US with hedge-fund warning

[PEN-L:6388] Re: FWD: Appendix B to Rambouillet Accord proposal; Kosovo's

1999-05-04 Thread Michael Hoover
IN THIS MESSAGE: Appendix B to Rambouillet Accord proposal; Kosovo's Glittering Prize Chapter 4a, Article I -- "The economy of Kosovo, shall function in accordance with free market principles." It is crystal clear whose interests are being advanced here: Kosovo has substantial mineral

[PEN-L:6389] Re: Hedge-Fund Meltdown

1999-05-04 Thread Doug Henwood
Seth Sandronsky wrote: I read the article below with much concern. A second Russian debt default could make the meltdown of the Long-Term Capital Management "hedge fund" look like a walk in the park, no? Come on, confess - you're not really worried about that, you'd kind of welcome it. No?

[PEN-L:6390] Re: Re: Re: Re: Ciao, Baby

1999-05-04 Thread J. Barkley Rosser, Jr.
I am one of the many on this list who has yet to figure out what on earth was racist about Max's original play on Henry's name. However, once it was clear that Henry objected for whatever reasons to having his name fooled around with, it was inappropriate for Max to do it some more.

[PEN-L:6391] Re: questions on modest proposals

1999-05-04 Thread Tom Walker
It's hard to say for sure, but reading Summers' concluding section does make it seem to me he _was_ being ironic and provocative, but in a most cynical way. The memo slyly acknowledges the inherently evil logic of liberalization but does so in order to ask, in effect, "how far can we go? how much

[PEN-L:6393] BLS Daily Report

1999-05-04 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MAY 3, 1999: More than half (57 percent) of all youths work at some time while age 14, mostly in freelance jobs, according to a new survey by BLS. The findings represent the first round of the National Longitudinal Survey of Youth 1997, a nationally

[PEN-L:6394] Re: Greenspan on Foreign Exchange Management

1999-05-04 Thread Henry C.K. Liu
The importance of Greenspan's utterances lie not in his wisdom but on the self-fulfilling impact his power. Greenspan allows: "The distributions of income that arise in unregulated markets have been presumed unacceptable by most modern societies, and they have endeavored, through fiscal policies

[PEN-L:6397] Free Trade Road Show

1999-05-04 Thread Robert Naiman
The Wall Street Journal Copyright (c) 1999, Dow Jones Company, Inc. Tuesday, May 4, 1999 Politics Policy Tour by Commerce Secretary to Sell China-WTO Deal Is Joined by Few CEOs

[PEN-L:6398] Re: FWD: Appendix B to Rambouillet Accordproposal; Kosovo's

1999-05-04 Thread Charles Brown
Sounds like part of a potential vulgar materialist motive for war. Charles Brown "Michael Hoover" [EMAIL PROTECTED] 05/04/99 11:42AM IN THIS MESSAGE: Appendix B to Rambouillet Accord proposal; Kosovo's Glittering Prize Chapter 4a, Article I -- "The economy of Kosovo, shall function in

[PEN-L:6399] FW: (mai) Two stories on the battle for WTO Director-General Position

1999-05-04 Thread Lisa Ian Murray
-Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf Of Margrete Strand-Rangnes Sent: Tuesday, May 04, 1999 9:06 AM Subject: (mai) Two stories on the battle for WTO Director-General Position BATTLE ROYAL FOR WTO LEADER'S POST By Martin Khor

[PEN-L:6400] Re: Re: FWD: Appendix B to Rambouillet Accordproposal; Kosovo's

1999-05-04 Thread J. Barkley Rosser, Jr.
We've already heard about the mines of Kosmet as an alleged material cause. It just does not fly. Is mining all that profitable these days? Why should European or US capitalists give a hoot and not just buy the stuff, given that prices have not been all that high lately? I'm sorry, but I

[PEN-L:6403] Re: Re: FWD: Appendix B to RambouilletAccordproposal; Kosovo's

1999-05-04 Thread Charles Brown
Ok lets eliminate that one. I would like to add to the list of eliminated explanations: humanitarian rescue, anti-fascism , muddling through not knowing what they are doing. having no economic master plan and no material motives whatsoever, free floating machoism, What is the DEFINITE

[PEN-L:6404] Re: (Fwd) A WAR AGAINST ALL OF THE SERBS

1999-05-04 Thread Ricardo Duchesne
From: [EMAIL PROTECTED] To:[EMAIL PROTECTED] Date: Sun, 2 May 1999 22:20:03 -0500 Subject: [PEN-L:6319] (Fwd) A WAR AGAINST ALL OF THE SERBS Priority: normal Reply-to: [EMAIL PROTECTED] --- Forwarded Message Follows --- Date sent:

[PEN-L:6406] BLS Daily Report

1999-05-04 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MAY 4, 1999: Today's News Release: "Productivity by Industry: Service Sector and Mining, 1997" reports on labor productivity changes in 1997 for selected industries in the service and the mining sectors of the U.S. economy. Labor productivity -- defined as

[PEN-L:6409] Re: Re: Re: FWD: Appendix B to RambouilletAccordproposal;Kosovo's

1999-05-04 Thread Wojtek Sokolowski
At 02:04 PM 5/4/99 -0400, Charles Brown wrote: Are you saying that this war has no material cause or combination of material causes whatsoever ? No main material cause or main combination of causes ? That its main cause is not material ? That it is random ? Charles, why is it so difficult to

[PEN-L:6408] Re: Re: Re: FWD: Appendix B to RambouilletAccordproposal; Kosovo's

1999-05-04 Thread Wojtek Sokolowski
At 12:50 PM 5/4/99 -0400, Barkley Rosser wrote: As for lignite, what a joke! The stuff is highly polluting and not particularly desired by anybody anymore, although it might be acceptable in poorer and more polluted countries like (Larry Summers would approve ). Exactly. DDR

[PEN-L:6411] Death of 'Progress' (was Re: modernism)

1999-05-04 Thread Yoshie Furuhashi
Doug wrote: Oh, but the protectorate would be in the name of "civilized Western values," because as everyone knows the people of the Balkans are only marginally white. And structural adjustment too is imposed in the name of progress. The bourgeoisie has been quite adept in rebranding 19th century

[PEN-L:6414] German documents reveal no genocide prior to bombing (fwd)

1999-05-04 Thread Michael Hoover
forwarded by Michael Hoover [www.IraqWar.org] Americans Against World Empire www.IRAQWAR.org Very important documents. German govt. reports state that no extensive persecution of Albanians in Kosovo was taking place prior to the Nato bombing. ( The German govt. nonetheless supported

[PEN-L:6416] Positions vs. Individuals (was Re: Ciao, Baby)

1999-05-04 Thread Yoshie Furuhashi
Barkley Rosser wrote: I accept that I mischaracterized Henry's position vis a vis Max. However, Henry certainly characterized one position as being "evil" even if he did not specifically list people who held it, although Max came closer to it than anybody on the list. Not too surprising

[PEN-L:6418] GDP before and after communism in selected Balkan countries

1999-05-04 Thread Ken Hanly
The source for this material is the European Bank for Reconstruction and Development--via a BBC news analysis. GDP in 3 selected years as percentage of GDP at the fall of communism (1989=100) Country1997 19981999 (est.) ALBANIA

[PEN-L:6419] Re: GDP before and after communism in selected Balkan countries

1999-05-04 Thread Ken Hanly
Sorry about the columns. The system reacted strangely to the data. I wrote it out in three neat columns from 97 to 99 using the tab key. The data is still under the correct columns. Cheers K. Hanly Ken Hanly wrote: The source for this material is the European Bank for Reconstruction and

[PEN-L:6420] Sanders v. progressives on NATO bombing; Crisis in Yugoslavia It's Relation to Global Fascism (long)

1999-05-04 Thread Michael Eisenscher
IN THIS MESSAGE: Sanders v. progressives on NATO bombing; Crisis in Yugoslavia It's Relation to Global Fascism (long) People interested in the response of Bernie Sanders political constituency (at a Sanders Town Meeting) to his pro-war stance on the U.S./NATO bombing of Yugoslavia might want

[PEN-L:6421] IMF ready to offer financial help, structural reforms to theBalkans - Javier Solana

1999-05-04 Thread Michael Eisenscher
The National Post Monday, May 03, 1999 NATO: UNITED TO SUCCEED The International Monetary Fund and Group of Seven industrialized countries stand ready to offer financial help to the countries of the Balkans. This help should go hand in

[PEN-L:6417] NATO Workshop on Political-Military Decision Making (was AppendixB to Rambouillet...)

1999-05-04 Thread Yoshie Furuhashi
Barkeley Rosser to Charles: Also, now that it is going, the US military-industrial complex is enjoying the higher earnings and saying "go go go," although they were not behind its initiation, I don't think, At the XIIth NATO Workshop on Political-Military Decision Making in 1995, Dr. Wolfgang

[PEN-L:6415] Re: Beneath Exploitation (was Appendix B toRambouillet....)

1999-05-04 Thread Jim Devine
At 05:05 PM 5/4/99 -0500, Yoshie wrote: I think that this war is, in an important sense, an expression of the fact that a huge part of the working class have become expelled from productive labor under neoliberalism. ... There is no currently legal profitable way to incorporate, for instance,

[PEN-L:6413] Re: Hedge-Fund Meltdown

1999-05-04 Thread Henry C.K. Liu
Despite convoluted denial by Greenspan and the NY Federal Reserve Bank, moral harzard has been increased with the Fed orchestrated bail-out of LTCM. Incidentally, while the crisis of LTCM was caused by the sudden impact of the Russian default on the normal paradigm of global interest rate parity,

[PEN-L:6407] Re: Re: Re: FWD: Appendix B to RambouilletAccordproposal; Kosovo's

1999-05-04 Thread J. Barkley Rosser, Jr.
Charles, Never said any such thing, only that it is complicated. And I did not reject all of those things you listed, certainly not that one about muddling through not knowing what they are doing. Some obvious ones that have been listed and not rejected include periphery pacification for

[PEN-L:6405] Re: Re: Re: Re: Re: Re: Ciao, Baby

1999-05-04 Thread J. Barkley Rosser, Jr.
I accept that I mischaracterized Henry's position vis a vis Max. However, Henry certainly characterized one position as being "evil" even if he did not specifically list people who held it, although Max came closer to it than anybody on the list. Not too surprising that he took offense.

[PEN-L:6402] Re: Re: Re: Re: Re: Ciao, Baby

1999-05-04 Thread Henry C.K. Liu
I really do not wish to spend more energy on this, but Barkley's claim that I called Max evil is not support by fact. I wrote before Max's "joke": "I never once attacked Max personally for taking a position I disagree with, much less accused him of being evil. Read my post. Max was not

[PEN-L:6396] Re: Hedge-Fund Meltdown

1999-05-04 Thread Charles Brown
But wouldn't that be good from the standpoint of making radical change of the capitalist system more likely ? How do you make an omelette without breaking eggs. ? Charles Brown "Seth Sandronsky" [EMAIL PROTECTED] 05/04/99 11:17AM Friends, I read the article below with much concern. A

[PEN-L:6395] Re: Re: Why Nato needs to destroy Serbia

1999-05-04 Thread Charles Brown
For one thing, the bourgeoisie do not do the dying in their wars. Just the internecine, working class mass murder is an enormous plus for interests of the bourgeoisie as far as any war is concerned. Charles Brown Yoshie Furuhashi [EMAIL PROTECTED] 04/30/99 05:01PM Charles to Wojtek:

[PEN-L:6392] Re: Re: questions on modest proposals

1999-05-04 Thread Mathew Forstater
also: Prowse, Michael, 1992: "Save Planet Earth--From Economists, _Financial Times_, February 10.

[PEN-L:6386] FWD: Appendix B to Rambouillet Accord proposal; Kosovo'sGlittering Prize

1999-05-04 Thread Michael Eisenscher
IN THIS MESSAGE: Appendix B to Rambouillet Accord proposal; Kosovo's Glittering Prize Date: Tue, 4 May 1999 11:55:56 +0900 From: Hendrik Subject: [NS] Interpreting the Rambouillet Accord proposal Here are some excerpts from the Rambouillet accord proposal interspersed with some comments.

[PEN-L:6384] Imperialist strategyforreconstructingtheBalkans

1999-05-04 Thread Charles Brown
late response Jim Devine [EMAIL PROTECTED] 04/29/99 04:45PM Charles: I can't tell if you are opposing the Marxist idea that capitalist wars are integral to the capitalist system; or whether you are saying that this war is an exception. neither. I was opposing crude economic determinism and

[PEN-L:6382] Re: questions on modest proposals

1999-05-04 Thread Doug Henwood
Thomas Kruse wrote: Lawrence Summers wrote, as you all know, a little memo on the logic of dumping toxics on poor people. Does anyone have the original citation, or report on the memo (I believe a write-up apperaed in the Economist)? and The Nation. See also excerpts from the memo tacked