Re: Re: For revolutionary factionalism notsectarian lunacy

2002-06-26 Thread miychi
Title: Re: [PEN-L:27211] Re: For revolutionary factionalism not sectarian lunacy On 02/6/26 09:29 AM, [EMAIL PROTECTED] [EMAIL PROTECTED] wrote: Adam Levenstein wrote: Sounds good, Louis. (Really.) Here's the million-kopek question: Are we actually going to set up such an

Re: Re: transportation

2002-06-26 Thread miychi
On 02/6/26 04:35 AM, Michael Perelman [EMAIL PROTECTED] wrote: Jim, if you are suggesting that the Amtrack subsidy should go to United Airlines, I suspect that you will get a friendly hearing from W. On Tue, Jun 25, 2002 at 12:06:17PM -0700, Devine, James wrote: If the U.S. government is

WSJ: US cotton subsidies lead to African misery

2002-06-26 Thread Louis Proyect
WSJ, June 26, 2002 U.S. Subsidies Create Cotton Glut That Hurts Foreign Cotton Farms By ROGER THUROW and SCOTT KILMAN Staff Reporters of THE WALL STREET JOURNAL KOROKORO, Mali -- After the first good rains of the season visited this West African village earlier this month, Mody Sangare hitched

Capitalist thievery inhibits capitalist recovery

2002-06-26 Thread Louis Proyect
Corporate Scandals Taking Toll On Markets By Steven Pearlstein Washington Post Staff Writer Wednesday, June 26, 2002; Page A01 A major accounting firm convicted of obstructing justice. A leading brokerage caught misleading its clients. Imperious chief executives falling like flies. Huge

London market down 4% in early trading

2002-06-26 Thread Louis Proyect
9.30am update (Guardian) London market slumps almost 200 points Mark Tran Wednesday June 26, 2002 The London market fell nearly 200 points in the first minutes of trading today, engulfed by the Wall Street

The invention of racism

2002-06-26 Thread Louis Proyect
Philadelphia Inquirer, Sun. Jun. 23, 2002 Carlin Romano | A brisk, incisive survey of ignorance. Racism: Precise definitions and historical sweep By Carlin Romano Inquirer Columnist Racism A Short History By George M. Fredrickson Princeton. 207 pp. $22.95 Like many terms rocketed into

1990's boom: smoke and mirrors?

2002-06-26 Thread Louis Proyect
With every passing day, it is becoming more apparent that the 1990s new economy was built on a house of cards. In particular, some of the high-flying tech stocks only reflected corporate acquisitions rather than the sort of real growth that took place in the 1950s, the last time that capitalism

Re: Capitalist thievery inhibits capitalist recovery

2002-06-26 Thread ravi
it is unfortunate that in this moment of truth, when we on the left can hold up these incidents to the general public as an example of the problems with the system, the collective attention is distracted by bush jr's war on the world and the recently fashionable but misplaced patriotic euphoria

castrating the bull

2002-06-26 Thread Michael Perelman
Prophetic quotation below: Sandberg, Jared. 2002. Bernie Ebbers Bet the Ranch -- Really -- on WorldCom Stock. Wall Street Journal (12 April): p. A 13. A deeply religious man, he starts his board meetings with a prayer and teaches Sunday school at the Easthaven Baptist Church in Mississippi. He

A strong economy

2002-06-26 Thread Eugene Coyle
Hey, is this a strong economy or what? What a great country. Here World Com announces a $3.8 billion accounting ?? error? And it knocks less than one dollar off the stock! Wow, talk about investor confidence. Gene Coyle

Re: BLS Daily Report

2002-06-26 Thread Gil Skillman
I'm sorry to hear this. This posting has been a reliable and informative aspect of PEN-L for a long time. Thanks, Dave. Gil is no more. There are apparently valid concerns here at BLS that prevent me from forwarding it, or any part of it, on a regular basis. I hope that it has been of

Re: castrating the bull

2002-06-26 Thread Dan Scanlan
Great catch. Prophetic quotation below: Sandberg, Jared. 2002. Bernie Ebbers Bet the Ranch -- Really -- on WorldCom Stock. Wall Street Journal (12 April): p. A 13. A deeply religious man, he starts his board meetings with a prayer and teaches Sunday school at the Easthaven Baptist Church

Organizing

2002-06-26 Thread Ian Murray
[full piece at:] http://www.prospect.org/print/V13/12/bacon-d.html Volume 13, Issue 12. July 1, 2002. The Kill-Floor Rebellion An alliance of a union and a community group may have found the way to reorganize the meatpacking industry -- and the Latino immigrant workers in small-town America.

Thirld World Migrants Face Fortress Euroup

2002-06-26 Thread Mohammad Maljoo
A piece on migration in counterpunch... http://www.counterpunch.org/behzad0624.html _ Chat with friends online, try MSN Messenger: http://messenger.msn.com

Forwarded from Nestor (murder in Argentina)

2002-06-26 Thread Louis Proyect
I don´t have all the facts checked to the last point, but it seems that during repression of a group of road blockers on the Pueyrredón bridge in Buenos Aires there has been a casualty. Although none of my cdes. was hit, so far as I know, there are other cdes. of sister and related organizations

Prozac Productivity

2002-06-26 Thread Eugene Coyle
A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising worker productivity. The suggestion is that the jump in prescriptions over the past years have resulted in a jump in productivity. And as the economy moves more toward service work, involving meeting customers, future gains

Re: Re: Capitalist thievery inhibits capitalist recovery

2002-06-26 Thread joanna bujes
since it seems true that the actions of enron, worldcom et al has affected many more lives than that of the al qaeda, perhaps we can call for a war on corporate terrorism? --ravi I think a war on corporate terrorism is usually known as a revolution. In order to avoid that, a clash

Jim Craven review of Economics as Religion (from Marxmail)

2002-06-26 Thread Louis Proyect
Economics as Religion: From Samuelson to Chicago and Beyond by Robert H. Nelson, Penn State Press, N.Y., 2001 When I bought this book it was shrink-wrapped to prevent examining its contents prior to purchase. I should have remembered my own axiom: If it is shrink-wrapped to prevent examination

Re: RE: G8 and Africa

2002-06-26 Thread Patrick Bond
Title: RE: [PEN-L:27187] G8 and Africa From: Devine, James At the seat of empire Africa is forced to take the blame for the devastation inflicted on it by the rich world George Monbiot Monbiot's work is great. But the emphasis here is mainly on Northern domination without

Re: Re: RE: G8 and Africa

2002-06-26 Thread Louis Proyect
Patrick Bond: More soon on why this is emblematic of the coming failure of the Jo'burg World Summit on Sustainable Development. Just heard an excellent talk by Wolfgang Sachs at Wits University this afternoon; his edited Jo'burg Memo is quite a good demolition job on the sustainable

Re: Re: RE: G8 and Africa

2002-06-26 Thread Ian Murray
RE: [PEN-L:27187] G8 and Africa - Original Message - From: Patrick Bond More soon on why this is emblematic of the coming failure of the Jo'burg World Summit on Sustainable Development. Just heard an excellent talk by Wolfgang Sachs at Wits University this afternoon; his edited Jo'burg

Martha Stewart's cabbage

2002-06-26 Thread Louis Proyect
Stewart Gets Sliced Up By Howard Kurtz Washington Post Staff Writer Wednesday, June 26, 2002; 8:50 AM She kept futzing with the stupid salad! Martha Stewart, under fire, under scrutiny, on the cover of Newsweek for Martha's Mess, goes on the CBS Early Show and – tries to do some cooking.

An explanation for new repression in Argentina?

2002-06-26 Thread Louis Proyect
NY Times, June 26, 2002 Blows Keep Coming for an Argentina Long in Crisis By LARRY ROHTER BUENOS AIRES, June 25 — The president says it may be impossible to reach any agreement with the International Monetary Fund, the head of the central bank is giving up and going home, and the economy

Another article on Martha

2002-06-26 Thread Sabri Oncu
What I found interesting in this article from the Mises Institute is the part that discusses insider trading and perfect competition. I included that part only. As some of you may recall, we had a discussion on related topics here a while ago. If you like to read the full article, the URL is

RE: Martha Stewart's cabbage

2002-06-26 Thread Max Sawicky
I don't watch Leno too often, but they had a great bit on this last night, intercutting the Stewart interview with shots of a knife mutilating the cabbage to the tune of Psycho background music. mbs Stewart Gets Sliced Up By Howard Kurtz Washington Post Staff Writer Wednesday, June 26,

Re: Indentured servitude at Wal-Mart

2002-06-26 Thread ScottH9999
Forgive me if my following comment has already been made by others, or if--indeed--it is really unnecessary to make it at all on this list. But the thing that I found most interesting about the article below, which Louis posted, was the outrage of the workers who objected to being forced to

a flash from the immediate past

2002-06-26 Thread Devine, James
Title: a flash from the immediate past [please tell me if the font is unreadable.] [In case anyone has forgotten, the U.S. recently destroyed the government of Afghanistan (where's that, Mr. Bush?) in a hail-storm of violence and didn't do much to replace it.] The west is walking away

Re: A strong economy

2002-06-26 Thread Doug Henwood
Eugene Coyle wrote: Hey, is this a strong economy or what? What a great country. Here World Com announces a $3.8 billion accounting ?? error? And it knocks less than one dollar off the stock! Wow, talk about investor confidence. Eh? 18-Jun-02 1.56 19-Jun-02 1.52 20-Jun-02 1.37

Re: Re: A strong economy

2002-06-26 Thread Eugene Coyle
My point. It went down less than a dollar from yesterday. Irony missed? Gene Coyle Doug Henwood wrote: Eugene Coyle wrote: Hey, is this a strong economy or what? What a great country. Here World Com announces a $3.8 billion accounting ?? error? And it knocks less than one dollar

Re: a flash from the immediate past

2002-06-26 Thread Michael Perelman
A bit bigger would be better. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Further turbulence in Turkey

2002-06-26 Thread Sabri Oncu
Friends, Add Turkey to the list of countries to watch closely in these days. On top of Argentina and Brazil, I see shock waves emanating from Turkey to hit the fan soon. Could this observation of mine be related to the celestial three body problem you once mentioned Ian? Prime Minister Bulent

Re: Further turbulence in Turkey

2002-06-26 Thread Michael Perelman
Brazil seems more shakey. The Repugs are brilliant in dealing with single issues, but weak on dealing with complexity. Clinton, for all his faults, was better in that respect. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL

Re: Jim Craven review of Economics as Religion (from Marxmail)

2002-06-26 Thread Michael Perelman
John Henry had a more positive review of the book, in that it showed the contradictory nature of neo-liberal thought. Individualism is supposedly good, but too much individualism is destructive. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel.

Re: Another article on Martha

2002-06-26 Thread Michael Perelman
Sabri's article on insider trading was humorous. Economists have been trying to justify the practice for a while, including my freshman econ. prof., Harold Demsetz. You might also enjoy Maremont, Mark and John Hechinger. 2001. Fifty Corporate Insiders Bailed Out Before the Slump and Made a

cotton subsidies

2002-06-26 Thread Michael Perelman
Thurow, Roger and Scott Kilman. 2002. U.S. Subsidies Create Cotton Glut That Hurts Foreign Cotton Farms. Wall Street Journal (26 June): p. A1. Cotton could be a key engine of poverty reduction for Mali and nearby states, according to a joint study by the World Bank and International Monetary

Re: Prozac Productivity

2002-06-26 Thread Michael Perelman
But he says that placebos work as well. You could read the article to support national health care. On Wed, Jun 26, 2002 at 10:53:47AM -0700, Eugene Coyle wrote: A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising worker productivity. The suggestion is that the jump in

Re: Re: Another article on Martha

2002-06-26 Thread Doug Henwood
Who loses from insider trading? Mostly richer people than the inside traders - e.g. institutional investors rather than the well-positioned individual. That's why it's prosecuted. And also to maintain the appearance of fairness - the whole racket is justified by identifying bad apples,

Next stop, Vietnam?

2002-06-26 Thread Ulhas Joglekar
Business Standard Tuesday, June 25, 2002 FOCUS Next stop, Vietnam? Rapid industrialisation, growing GDP, abundant natural resources - all these make the country an attractive investment destination, says Jesudas Bell Tree-lined streets, the peaceful Hoan Kiem lake around which old people

Re: Re: Prozac Productivity

2002-06-26 Thread Eugene Coyle
Jenkins did say that placebos work as well. But he used that as an attack on the FDA. He wants the FDA to approve drugs even if they can't be shown to work better than placebos -- because that would permit more placebos in the market. I missed how the column could be read to support

Re: Re: Re: Prozac Productivity

2002-06-26 Thread Michael Perelman
The support for national health care: Good health = higher productivity = higher profits. I hope that he has a bad night. On Wed, Jun 26, 2002 at 05:59:25PM -0700, Eugene Coyle wrote: Jenkins did say that placebos work as well. But he used that as an attack on the FDA. He wants the FDA to

Re: Another article on Martha

2002-06-26 Thread Tom Walker
I thought institutional investors included pension funds and mutual funds. Doug Henwood wrote, Who loses from insider trading? Mostly richer people than the inside traders - e.g. institutional investors rather than the well-positioned individual.

Re: Another article on Martha

2002-06-26 Thread Sabri Oncu
Doug writes: Who loses from insider trading? Mostly richer people than the inside traders - e.g. institutional investors rather than the well-positioned individual. Doug, In my view, given the current conditions of the game, it is us who lose from insider trading. Institutional investors

Re: Prozac Productivity

2002-06-26 Thread Tom Walker
This is what I was trying to tell Jim Devine about speed up -- post hoc ergo prozac. A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising worker productivity. Tom Walker 604 255 4812

Re: Re: Prozac Productivity

2002-06-26 Thread Carrol Cox
There was a fine science column in last Friday's WSJ -- on the way environment turns genes off and on. For example, if you've been without sex for awhile and are expecting to get some tomorrow your beard may grow faster: sexual activity triggers a flow of testosterone, but apparently even

G8 the corporate cancer

2002-06-26 Thread Ian Murray
The virtual reality G8 summit Our leaders indulge in denial as WorldCom's timebomb explodes Larry Elliott Thursday June 27, 2002 The Guardian T he timing was perfect. As the jets bringing the leaders of the G8 to their annual powwow were landing in Calgary, news was breaking that WorldCom was

trade promotion authority

2002-06-26 Thread Michael Perelman
I thought that this was supposed to have lots of trouble in the house. Snuck through again. Any thoughts? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Obituary: author of ANC Freedom Charter

2002-06-26 Thread Chris Burford
Well informed obituary in the Times of Rusty Bernstein. Illuminates issues of stages of struggle, legal and illegal work, and the relationship of vanguard and masses. Rusty Bernstein Exiled South African Communist who drafted the ANC's key document, the Freedom Charter Lionel “Rusty”