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28576 lbo-talk-digest V1 #6119 -- rank: 1000

ChrisD(RJ) wrote: >Doug wrote: > >But during the perestroika days I met a few >shock-therapy type economists who were passing through NYC (who >seemed, by the way, quite convinced that a few years of their magic >would turn Russia into a prosperous Third World country; they were >completely uninterested in the story of mass poverty in NYC) >----------- > >Never underestimate the ability of the Russian intelligentsia to ignore >reality. And, of course, I meant &qu ...

Document Size:	5218
Author:	Doug Henwood
Date:	Thu May 9 08:24:33 PDT 2002

28577 A lurch to the Right will be good for business-Kaletsky -- rank: 1000

RangerCat67 at aol.com wrote: >Center-right commentary from the Times of London. Enjoy. > >http://www.timesonline.co.uk/article/0,,482-290960,00.html Hmm. I got to know Kaletsky a bit when he was with the FT's New York bureau in the late 1980s. He was something of a social democrat then - as was his good buddy George Soros, according to Kaletsky's account. Now he reads like a right-wing corporatist. Funny how times change. Doug

Document Size:	5251
Author:	Doug Henwood
Date:	Thu May 9 08:13:28 PDT 2002

28578 Welfare State -- rank: 1000

Max Sawicky wrote: >there is no decline of the Welfare State. In the U.S.? What about AFDC->TANF? Doug

Document Size:	4400
Author:	Doug Henwood
Date:	Thu May 9 08:01:30 PDT 2002

28579 Fisk on Israeli version of PA docs -- rank: 1000

Independent (London) - May 9, 2002 Israel's black propaganda bid falters as documents reveal an impotent leader not a terrorist mastermind Israel's "Book of Terror" purporting to show Arafat's role in suicide attacks is 'riddled with omissions and falsehoods' By Robert Fisk in Ramallah Israel's so-called Book of Terror -- designed to prove that Yasser Arafat is a master of terror involved in suicide attacks on Israel is riddled with errors, omissions and deliberate misinformation. The ...

Document Size:	14406
Author:	Doug Henwood
Date:	Wed May 8 22:01:04 PDT 2002

28580 ad spending -- rank: 1000

I was just looking at Robert Coen's figures on ad spending <http://www.mccann.com/insight/bobcoen.html>. By his lights, the U.S. is responsible for 51% of the world total - that's about twice the U.S. share of world income, and of greenhouse gas emissions too. Doug

Document Size:	4784
Author:	Doug Henwood
Date:	Wed May 8 17:50:22 PDT 2002

28581 Another one re: Sweden/US -- rank: 1000

Max B. Sawicky wrote: >http://www-cpr.maxwell.syr.edu/faculty/smeeding/papers/irpconf.pdf Which says, among other things, that the welfare system makes a big difference, and that after taxes and transfers, most non-English speaking rich countries have lower poverty rates than the U.S. using the U.S. poverty line. Doug ---- Table 1. Absolute Poverty Rates for OECD Nations in 1994 and 1995 Using the United States Poverty Line per capita GDP, 1995 poverty -------------------- year rate ...

Document Size:	5817
Author:	Doug Henwood
Date:	Wed May 8 17:25:03 PDT 2002

28582 China -- rank: 1000

[kind of cheating for the list moderator to dissent from a post at the top, but hey... so how'd the U.S. become an empire by this logic? are we not democratic after all?] Date: Wed, 8 May 2002 10:17:02 -0700 To: lbo-talk at lists.panix.com From: Bradford DeLong <jbdelong at uclink.berkeley.edu> Subject: Re: It's Official: Oiligarchy Really Is Nuts >On Tue, 7 May 2002, Doug Henwood wrote: > >> Why are they so obsessed with these pipsqueak "rogue states" when the > ...

Document Size:	7197
Author:	Doug Henwood
Date:	Wed May 8 10:30:41 PDT 2002

28583 Bernanke -- rank: 1000

[Brad, address oddities striking again] Date: Wed, 8 May 2002 10:16:16 -0700 To: lbo-talk at lists.panix.com From: Bradford DeLong <jbdelong at uclink.berkeley.edu> Subject: Re: new Fedsters coming Content-Type: text/plain; charset="us-ascii" ; format="flowed" >>I never thought of Bernanke as a Repug. Is that new? > >Dunno. My guess was that he was a Clintonish Dem. But what does that >mean these days? Greenspan, echt Republican, has presided over one &g ...

Document Size:	5349
Author:	Doug Henwood
Date:	Wed May 8 10:29:11 PDT 2002

28584 BOOK REVIEW: THE LENIN CULT -- rank: 1000

Michael Pollak wrote: > >On Wed, 8 May 2002, ChrisD(RJ) wrote: > >> They cost three (3!) rubles a pack, or about 10 cents, as opposed to 10 >> rubles for Soyuz-Apollon or Russkii Stil or 30 rubles for Marlboros. > >Wow. You can buy Marlboros in Russia for $1? They're over five bucks a >pack in New York City. (Soon to go up to almost $7.) I feel like eternal >verities have been reversed. > >> By the way, I have heard from the horse's mouth that the ...

Document Size:	6399
Author:	Doug Henwood
Date:	Wed May 8 09:51:26 PDT 2002

28585 Novartis abandons Europe for New England -- rank: 1000

[hey Dennis Redmond, Novartis hasn't heard the the EU is on the rise and the US is washed up!] Financial Times - May 8, 2002 COMMENT & ANALYSIS: Seeking freedom in New England: The decision by Novartis to move research to Boston is the latest step away from Europe by a big pharmaceutical By DANIEL DOMBEY and VICTORIA GRIFFITH In his three years as chairman of Novartis, the Swiss pharmaceuticals group, Daniel Vasella has missed few chances to claim that European regulation stifles his industr ...

Document Size:	11303
Author:	Doug Henwood
Date:	Wed May 8 09:37:28 PDT 2002

28586 new Fedsters coming -- rank: 1000

Michael Perelman wrote: >I never thought of Bernanke as a Repug. Is that new? Dunno. My guess was that he was a Clintonish Dem. But what does that mean these days? Greenspan, echt Republican, has presided over one of the easiest monetary regimes ever. Doug

Document Size:	4612
Author:	Doug Henwood
Date:	Tue May 7 20:34:25 PDT 2002

28587 Bomb in Rishon L'tsion...too close for comfort -- rank: 1000

Gordon Fitch wrote: >Let us assume that Palestinians are as smart as we are. Then >that must be the desired effect. Who knows? Smartness may have nothing to do with it; people feel and act differently if they're in the midst of something than they do from afar. Suicide bombers could think that they're going to wear down their enemies, who will eventually give up. Doug

Document Size:	5004
Author:	Doug Henwood
Date:	Tue May 7 18:36:23 PDT 2002

28588 new Fedsters coming -- rank: 1000

Bush to Nominate Bernanke, Kohn to Fed Board Tue May 7, 4:47 PM ET By Arshad Mohammed WASHINGTON (Reuters) - President Bush (news - web sites) will announce his decision to nominate monetary economists Ben Bernanke of Princeton University and Donald Kohn of the Federal Reserve (news - web sites) staff to the U.S. central bank's board on Wednesday, a Bush administration official said on Tuesday. Analysts said Bernanke, who is one of the world's leading academic authorities on monetary policy, and ...

Document Size:	9964
Author:	Doug Henwood
Date:	Tue May 7 16:10:20 PDT 2002

28589 Bomb in Rishon L'tsion...too close for comfort -- rank: 1000

Bryan Atinsky wrote: >So, the fact that this bombing took place during Sharon's 'victory' >meeting with Bush, after Sharon's government has been boasting how >they have taken a big bite out of the 'Palestinian terrorist >infrastructure', and in a location that was symbolically considered >one of the last vestiges of a secure haven in Israel (not to mention >that Rishon L'tsion means 'First to Zion' and is one of the first >Zionist yishuvim, established in 1882, I think), thi ...

Document Size:	5591
Author:	Doug Henwood
Date:	Tue May 7 15:42:08 PDT 2002

28590 useless Buffett -- rank: 1000

[apropos Warren Buffett...] Financial Times - May 7, 2002 COMMENT & ANALYSIS: Rich beyond reason: Warren Buffett is to be admired - but his fortune bears no proportion to his social or economic contribution, argues Tony Jackson By almost any measure, these are the golden years for Warren Buffett. He has emerged from the rubble of the technology bust as the world's foremost investor. He dispenses wisdom on the auditing lessons of Enron and the insurance lessons of September 11. At 71, he is A ...

Document Size:	9606
Author:	Doug Henwood
Date:	Tue May 7 14:43:26 PDT 2002