Yes. The Federal Reserve orchestrated the bailout of the hedge fund Long
Term Capital Management, using $3.5 billion provided by the private sector.
See:
www.t-bird.edu/pdf/about_us/case_series/e06990020.pdf
Peter Fisher was the moving force behind Bush's Presidential Commission on
the U.S.
(Thanks to Richard H. for making me aware of this important article, which
every socialist should read; I have excerpted the important bits and
slightly edited it - JB)
This coming October 23 to 24, the United States will be sitting down with
rich creditor countries, the International Monetary
Well, that's about as succinct a presentation of the problem as I've
seen so far. What have we got? A recipie for war-lord imperalism:
1. Destroy/ravage/immiserate/traumatize a country through bombing,
economic sancations, and chemical warfareto soften it up and make it
a reconstruction
On Big Media
Bill Moyers
Truthout | Commentary
Friday 10 October 2003
If you've wondered why we have kept returning to the story of big
media on this broadcast, we have some answers this week. It's because
the big media companies keep getting bigger with more and more
power over our politics
joanna bujes wrote:
2. Reconstruct and liberate the country and pay for it by
appropriating all the wealth and natural resources of the country, which
you then sell off to those who are willing to bet that Iraq can be
reconstructed into a vast labor camp ...with lots of oil.
I doubt Washington or
Empires do die because something in human
nature either revolts or cannot thrive in this kind of environment.
I agree totally with your sentiments, but you may not be correct on this
point. Suppose that instead of getting people to revolt, you get them to
mutate in some way, let's think of a
In my previous post on Marxmail I left out one important point. This point
is, that in accounting for Iraq ONLY on the basis of assets and liabilities,
which is the Colin Powell argument, it is important to understand the
effects of revaluing assets in the account.
The christian fundamentalist
LA Weekly/OCTOBER 10 - 16, 2003
Pluggging the Latest Conspiracy Theory
Internet buzzes about the recall schemes of Arnold and Enron
by Howard Blume
Call it the most electric scandal yet to circulate about the governor-elect. As the
story goes, Arnold Schwarzenegger conspired with energy
As Eudora told me, the word Camejo was not found in this piece.
Why, if this was a not-unadmirable uprising, as Marc Cooper argues,
was there not more support for him (or Huffington)? Mike Davis'
explanation - that it was a right white nativist anti-immigrant
uprising fueled by talk shows - seems
obviously, Cooper doesn't like Camejo, for whatever reason. I thought, however, that
one of MC's points was that the progressive wing and ethnic-minority grassroots of the
DP (which are not the object of MC's derision here) sat out because Gray Davis was so
bad. And most of them -- and MC, I'd
Youssef's brother Redouane visited us tonight, and I had a conversation with
him in the kitchen, in bad German, telling him about the financial
accounting for war costs in Iraq was developing (Redouane has worked for
Moroccan banks implementing digitalised financial management systems) by
Yes, the Life is Beautiful argument. (That Italian movie where a
clownish man acts out in order to convince his son that a concentration
camp is not a concentration camp. I couldn't force myself to see it, but
apparently that was the plot)...or perhaps Schindler's List, where the
essential
But the Chicano vote was pretty evenly divided. Arnold drew on the
nativist impulses, but it was more complex.
On Sun, Oct 12, 2003 at 05:48:53PM -0400, Doug Henwood wrote:
As Eudora told me, the word Camejo was not found in this piece.
Why, if this was a not-unadmirable uprising, as Marc
Yes, the Life is Beautiful argument. (That Italian movie where a
clownish man acts out in order to convince his son that a concentration
camp is not a concentration camp. I couldn't force myself to see it, but
apparently that was the plot)...or perhaps Schindler's List, where the
essential
Your question:
Not arguing, just asking...how is primitive accumulation in Iraq
different from any sort of colonial rule and appropriation?
Well technically there is a legal difference, because Iraq is not legally
annexed as in the past, we just go there and take it over, and also there is
an
Turks will bring chaos, say Kurds
Michael Howard in Irbil
Monday October 13, 2003
The Guardian
The Bush administration is in danger of scoring a disastrous own goal with
its decision to bring Turkish peacekeeping troops into Iraq, a Kurdish
leader has warned.
Necirvan Barzani, prime minister of
I would like to take issue with parts of Doug Henwood's article,
specifically the free trade oriented perspective on agriculture proposed
for South Korea and others. Connected to this, I would like to raise
for discussion the proposal by the G-22 to end Northern subsidies on
agriculture.
I
US Soldiers Bulldoze Farmers' Crops
Americans accused of brutal 'punishment' tactics against villagers
by Patrick Cockburn in Dhuluaya
US soldiers driving bulldozers, with jazz blaring from
loudspeakers, have uprooted ancient groves of date palms as well as
orange and lemon trees in central Iraq
Policy made on the road to perdition
Larry Elliott
Monday October 13, 2003
The Guardian
There was a wonderful moment at the recent Cancun meeting where the
government wheeled out ministers from Britain's former colonies at a press
conference.
The hope was that Barbados, Ghana and Malawi would
My friend Jennifer Olmsted sent me the following. (We should also thank her for the
articles on starvation on the West Bank) -- Jim
Published on Sunday, October 12, 2003 by the lndependent/UK
US Soldiers Bulldoze Farmers' Crops
Americans accused of brutal 'punishment' tactics against
I think this is a pretty good piece. Of course since it was written
Scharzenegger has clearly stated his intention to depend on the free
market to take care of California's electric future. I. e. deregulation.
By the way, the biggest cost to California was from coordinated
withholding of
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