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24481 [lbo-talk] Debt write offs and GDP -- rank: 1000

cian wrote: >Does anyone one know how debt write offs affect GDP? They don't. GDP covers only current production, and incomes generated by current production. "Finance" doesn't enter the picture at all, which is why the Fed publishes a separate set of flow of funds accounts. If debt writeoffs somehow stimulate or depress current spending, they can indirectly enter the GDP accounts. But only that way. Doug

Document Size:	4958
Author:	Doug Henwood
Date:	Fri Oct 31 08:30:54 PST 2003

24482 [lbo-talk] HOW THE ANTI-WAR MOVEMENT IS BLOWING IT: REVISITED -- rank: 1000

dave dorkin wrote: >I dont know about anyone else, but the pathology I run >into most on the left such as it is in the US is the >politics of difference and micro-resistance (ie >ordering a Whopper at McDonalds) taken to the nth >degree and not some sort of commie fatalism. What Doug >describes inst very prevalent in my experience on >campuses or in unions. Which left do you mean, Doug? Hmm, well, many Trots ("the death agony of capitalism"). Patrick Bond. Boris Ka ...

Document Size:	5465
Author:	Doug Henwood
Date:	Fri Oct 31 08:19:46 PST 2003

24483 [lbo-talk] how Fox News works -- rank: 1000

<http://poynter.org/forum/?id=letters#foxnews> "The Memo" is the bible at Fox News 10/29/2003 4:46:23 PM Posted By: Jim Romenesko From CHARLIE REINA: So Chris Wallace says Fox News Channel really is fair and balanced. Well, I guess that settles it. We can all go home now. I mean, so what if Wallace's salary as Fox's newest big-name anchor ends with a whole lot of zeroes? So what if he hasn't spent a day in the FNC newsroom yet? My advice to the pundits: If you really want to know ...

Document Size:	10588
Author:	Doug Henwood
Date:	Thu Oct 30 15:44:59 PST 2003

24484 [lbo-talk] U.S. Economy Grew 7.2% in 3Q, Fastest Pace in 20 Years -- rank: 1000

Max B. Sawicky wrote (responding to Chuck0): >Oh really? > >http://www.epinet.org/content.cfm/webfeatures_econindicators_gdppict > > > > >It is a sustainable trend, one which should prompt those of who have >been anticipating a long period of economic stagnation to reconsider our >analysis. 7.2% is not sustainable. The U.S. is not China today, or S Korea 10 years ago, or Japan 20 years ago. The question is whether we can sustain the 4-5% necessary to bring back job ...

Document Size:	5837
Author:	Doug Henwood
Date:	Thu Oct 30 15:30:57 PST 2003

24485 [lbo-talk] yahoos threaten poco studies and more -- rank: 1000

From Michael Bednar Department of History The University of Texas at Austin Congress Moves to Regulate Postcolonial Studies (fwd) Oct. 20, 2003 Friends, As many of you who know me well will soon realize, I have become a political activist for the first time in my life. I am not here to rant, but to inform you on current legislation that is being debated in the House of Representatives. The legislation in question, H.R. 3077, will rewrite the Title VI legislation that has provided FLAS money to m ...

Document Size:	13141
Author:	Doug Henwood
Date:	Thu Oct 30 15:06:05 PST 2003

24486 [lbo-talk] 30 years later -- rank: 1000

Joseph Wanzala wrote: >On a Tuesday afternoon in October 1973, a motorist in the New York area >tuned his radio to WBAI-FM and heard a 12-minute monologue by comedian >George Carlin called "Filthy Words." And despite the FCC's recent ruling that it's ok to use the words as long as they don't refer directly to sexual or excretory activity - isn't that a beautiful distinction? it's the signified not the signifier that counts! - WBAI policy is not to use the words. Station manage ...

Document Size:	5048
Author:	Doug Henwood
Date:	Thu Oct 30 14:32:58 PST 2003

24487 [lbo-talk] FW: Help Defeat Question 3 -- rank: 1000

Wojtek Sokolowski wrote: >Can anyone explain why exactly the nonpartisan primaries favor Repugs >over Democrats? Here's what my pal Ken Sherrill of the Hunter poli sci department had to say on the subject in the summer 1998 issue of Social Policy. I interviewed Sherrill on this on my July 31, 2003, show; you can listen at <http://www.leftbusinessobserver.com/Radio.html>. The dangers of non-partisan elections to democracy Kenneth Sherrill [...] The overwhelming consensus among politic ...

Document Size:	15926
Author:	Doug Henwood
Date:	Thu Oct 30 14:08:17 PST 2003

24488 [lbo-talk] more e-vote leakage -- rank: 1000

Wired News - 05:00 PM Oct. 29, 2003 PT <http://www.wired.com/news/privacy/0,1848,61014,00.html> Software used by an electronic voting system manufactured by Sequoia Voting Systems has been left unprotected on a publicly available server, raising concerns about the possibility of vote tampering in future elections. The software, made available at ftp.jaguar.net, is stored on an FTP server owned by Jaguar Computer Systems, a firm that provides election support to a California county. The sof ...

Document Size:	13726
Author:	Doug Henwood
Date:	Thu Oct 30 12:44:57 PST 2003

24489 [lbo-talk] Bush contributors clean up -- rank: 1000

[of course this is from Agence FRANCE Presse...] Study links US reconstruction deals in Iraq, Afghanistan to Bush backers WASHINGTON (AFP) - Firms doing US government-funded business in Iraq (news - web sites) and Afghanistan (news - web sites) donated more to President George W. Bush (news - web sites)'s 2000 election campaign than they gave any other politician in the past 12 years, said a new study. Researchers at Washington-based watchdog group the Center for Public Integrity said US contrac ...

Document Size:	7848
Author:	Doug Henwood
Date:	Thu Oct 30 11:58:56 PST 2003

24490 [lbo-talk] U.S. Economy Grew 7.2% in 3Q, Fastest Pace in 20 Years -- rank: 1000

Brad Mayer wrote: >How about doubting U.S. economic statistics, especially from the Commerce >Dept.? There's no reason to. The people who put these numbers together are honest, competent, and completely open about what they do. I talk to them a lot, and their counterparts at the BLS. > Doesn't "feel" like 7% growth here in S.V. Do these statistics >distinguish between multinationl activity and the domestic U.S. economy? Do you know the definition of GDP? Doug

Document Size:	5357
Author:	Doug Henwood
Date:	Thu Oct 30 10:55:57 PST 2003

24491 [lbo-talk] HOW THE ANTI-WAR MOVEMENT IS BLOWING IT: REVISITED -- rank: 1000

Carrol Cox wrote: >Doug Henwood wrote: >> >> >> >> Lots there too. People who are constantly expecting capitalism to >> crash & burn have little incentive to think or organize. As if it >> would all fall into their waiting arms, too. >> > >There are fewer of these people around than there are single-taxers. > >Warring against invisible opponents is the politics of fools. What planet are you on? There are few people on the left who t ...

Document Size:	5540
Author:	Doug Henwood
Date:	Thu Oct 30 10:39:44 PST 2003

24492 [lbo-talk] U.S. Economy Grew 7.2% in 3Q, Fastest Pace in 20 Years -- rank: 1000

Chuck0 wrote: >And on the employment front, I've noticed a big increase in the >number of jobs being advertised in the past month. Tell the Conference Board. Their Help Wanted indicator, released this morning, was unchanged from the previous month, and is stuck at a very low level. Doug

Document Size:	5129
Author:	Doug Henwood
Date:	Thu Oct 30 09:31:20 PST 2003

24493 [lbo-talk] Kucinich? Come on! -- rank: 1000

Seth Ackerman wrote: >Yeah, but in the US, 'fiscal conservatism' is usually a code for restraining >spending and cutting entitlements. In the 90's, Dean supported the atrocious >proposal to cut the Social Security COLA by 1% a year. The deficit-hawk Dems >are against cutting taxes for the rich, but not usually for raising taxes on >them, and certainly not for dramatically expanding social spending. Yup, Dean is no social democrat, but I was disputing Max's love for red ink. Doug

Document Size:	5014
Author:	Doug Henwood
Date:	Thu Oct 30 09:29:44 PST 2003

24494 [lbo-talk] HOW THE ANTI-WAR MOVEMENT IS BLOWING IT: REVISITED -- rank: 1000

John Adams wrote: >To what extent does this strategic error come from the tactics of >community organizing? In the U.S., a lot. It's led to a fragmented pragmatism that has accomplished almost nothing. >I'm also curious about the role of apocalyptic thinking in creating >this error. Lots there too. People who are constantly expecting capitalism to crash & burn have little incentive to think or organize. As if it would all fall into their waiting arms, too. Doug

Document Size:	5295
Author:	Doug Henwood
Date:	Thu Oct 30 08:32:07 PST 2003

24495 [lbo-talk] HOW THE ANTI-WAR MOVEMENT IS BLOWING IT: REVISITED -- rank: 1000

uvj at vsnl.com wrote: >A very large section of the Left seems to have a one point >programme, viz. Oppose the US. RIght. And, as that very fine piece from the World Socialist Web Site a couple of years ago, that's the anti-imperialism of fools. Doug

Document Size:	5101
Author:	Doug Henwood
Date:	Thu Oct 30 08:28:58 PST 2003