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26251 A Wall of money? -- rank: 1000

Chris Burford wrote: >Isa it true that there is over a trillion dollars waiting to move >onto Wall Street when investors are convinced the time is right? > >Where does it come from? There's always money somewhere. It could come out of the bond market, the real estate market, bank accounts, money market funds, T-bills, whatever. A number of companies are having to put actual cash (ultimately from profits) into their pension funds, because they're now underfunded as a result of the bea ...

Document Size:	4883
Author:	Doug Henwood
Date:	Fri Jan 10 13:56:45 PST 2003

26252 Popular culture -- rank: 1000

Jonathan Lassen wrote: >>Doug: Who do you think produces the stuff that Sony et al market? > >Most cds are manufactured by a handful of Taiwanese companies, >either in Taiwan, or increasingly in China. If they're coming out of >Taiwan, chances are it's migrant workers who are actually running >the machines. Dunno where the cds are burned. Are they sent back to >be imprinted in the imperium, or does the semi-periphery get to burn >the center's popular toys? Ditto for th ...

Document Size:	4993
Author:	Doug Henwood
Date:	Fri Jan 10 13:31:13 PST 2003

26253 Deleuze & Guattari, Zizek on Arendt (More from Brennan) -- rank: 1000

Todd Archer wrote: >No, I was reacting primarily to Doug's offhand remark. He seemed to >be privileging pop culture products (and their study) over and above >analysis of what's behind them ("forces of production"). Heavens no. Me? I've spent the last 16 years writing about finance, labor markets, capital flows, and all that other base-ish stuff. But that doesn't mean that I think it's the only important thing around. But anyone who wants to change the relations of production ...

Document Size:	5603
Author:	Doug Henwood
Date:	Fri Jan 10 12:35:22 PST 2003

26254 goodnews in today's Guardian -- rank: 1000

Chris Burford wrote: >And even better in yesterday's Telegraph was a report from a highly >placed Downing Street source that the British government was asking >the US to put off an invasion till the autumn to allow time for the >weapons inspectors to do their work. A friend of mine recently heard the same tale from a former Clinton admin official. Doug

Document Size:	4826
Author:	Doug Henwood
Date:	Fri Jan 10 12:31:37 PST 2003

26255 the New York Press's new owners -- rank: 1000

[There's a lot that's awful about NY Press, but I read it every week - unlike the Voice, which I almost never look at anymore. So this is distressing news.] Village Voice - January 8-14, 2003 Selling the 'New York Press' Hype Dreams [by Cynthia Cotts] When Russ Smith launched the New York Press back in 1988, he dreamed of making it the city's number one alternative weekly. With the secret backing of his brother Randy Smith, Russ was going to huff and puff and blow the Voice down. But now he seem ...

Document Size:	7149
Author:	Doug Henwood
Date:	Fri Jan 10 12:30:35 PST 2003

26256 More on Hardt & Negri from Brennan -- rank: 1000

Chris Burford wrote: >It is weak on the old rhetoric of class struggle and against US hegemonism. It's a weird charge that autonomists should we weak on the class struggle, but let's leave that aside for now. Lots of people have taken the Bush admin's unilateralism, particularly its war drive on Iraq, to be decisive refutation of Empire's disperson of power hypothesis. But I think the jury's still out on this one. Bush has had to go to the UN, against his wishes, and even Tony Blair is now te ...

Document Size:	10229
Author:	Doug Henwood
Date:	Fri Jan 10 12:25:02 PST 2003

26257 The Texas populist take on the tax cut -- rank: 1000

Jordan Hayes wrote: >I know I'm probably atypical on this list for actively managing >my finances Does that mean trading stocks actively? Unless you're a very rare person, and you may be, you're almost certainly worse off trading than just buying & holding. This is one of the best-established empirical truths in all of finance. Doug

Document Size:	4883
Author:	Doug Henwood
Date:	Fri Jan 10 12:00:35 PST 2003

26258 Popular culture -- rank: 1000

Chuck Grimes wrote: >Good point Yoshie. The name "popular culture" obscures the difference >between the work of artists ...(and).. culture produced by mass >marketing... > >...Likewise, if someone is critical of the culture >created by mass marketing, it would not be accurate to accuse them of >elitism.... Joanna > >----------- > >I prefer to look upon mass culture as `official' culture, that >produced by the establishment for the masses. It has esse ...

Document Size:	5532
Author:	Doug Henwood
Date:	Fri Jan 10 11:57:00 PST 2003

26259 The Texas populist take on the tax cut -- rank: 1000

Molly Ivins wrote: > it is not the country we want and for which we are asked to sacrifice. Sacrifice? We're supposed to fight the terrorists by shopping! This is sacrifice? Doug

Document Size:	4710
Author:	Doug Henwood
Date:	Fri Jan 10 08:54:10 PST 2003

26260 Luntz & Watts -- rank: 1000

Washington Post - January 9, 2003 Watts, Luntz Form Partnership Former GOP congressman J.C. Watts Jr. of Oklahoma is going into business with conservative pollster Frank Luntz to do market research. The new company will be called Watts-Luntz Communications. Watts and Luntz couldn't be more in love, according to a release from Watts announcing the partnership. "J.C. Watts is the best pure communicator in America," Luntz is quoted as saying. "Frank is probably the best language arti ...

Document Size:	5642
Author:	Doug Henwood
Date:	Thu Jan 9 16:19:56 PST 2003

26261 Color of Anarchism Re: Protest ISO... -- rank: 1000

Chuck0 wrote: >I think we have a long way to go till we are as out of touch as >alt.politics. socialism trotsky. ;-) No contest there. That fever swamp is in a class by itself. Doug

Document Size:	4697
Author:	Doug Henwood
Date:	Thu Jan 9 12:41:56 PST 2003

26262 Deleuze & Guattari, Zizek on Arendt (More from Brennan) -- rank: 1000

Catherine Driscoll wrote: >how, i might add, can a very assertively professed Marxist settle for 'oh it's >only popular culture, not important' >i have never understood that at all Because pop culture is only concerned with what hundreds of millions, nay billions, of people think and dream about, when the real action is around the forces of production. I'm shocked you had to ask. Doug

Document Size:	5146
Author:	Doug Henwood
Date:	Thu Jan 9 12:22:24 PST 2003

26263 Deleuze & Guattari, Zizek on Arendt (More from Brennan) -- rank: 1000

Yoshie Furuhashi wrote: >At 9:50 PM -0600 1/8/03, Jeffrey Fisher wrote: >>in what ways have they actually been counterproductive? > >A waste of time, first of all. But the people who've made the most fuss about it here are the ones complaining about it. Who is wasting whose time? Doug

Document Size:	5060
Author:	Doug Henwood
Date:	Thu Jan 9 12:01:13 PST 2003

26264 Self-determination -- rank: 1000

Miles Jackson wrote: >On Wed, 8 Jan 2003, Doug Henwood wrote: > >> The U.S. was about the >> only rich country where real wages fell over a sustained period >> (1973-95), but they've been rising for the last 7 years. > >Median household income's been declining since 2001, according to >historical data at the U. S. census web site. I know household >income is not the same thing as wages, but I think it's a much >better indicator of the economic well bein ...

Document Size:	5747
Author:	Doug Henwood
Date:	Thu Jan 9 11:43:38 PST 2003

26265 Time, Bush, & Cheney -- rank: 1000

City Paper (Washington) - January 10-16, 2003 Cover Stories By Erik Wemple The distinction of being Time magazine's Person of the Year in 2002 fell to three persons who were unknowns in 2001: whistle-blowers Cynthia Cooper of WorldCom, Coleen Rowley of the FBI, and Sherron Watkins of Enron. "Who are these women?" the introduction to their profiles asked. "For starters, they aren't people looking to hog the limelight." The same apparently can't be said of a more familiar figur ...

Document Size:	10810
Author:	Doug Henwood
Date:	Thu Jan 9 09:19:38 PST 2003