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29191 Economist on the telecoms bust -- rank: 1000

In a piece on the telecoms disaster, The Economist (scooped by Nomi Prins in LBO) writes: >It is tempting--but wrong--to conclude that liberalisation was a mistake Of course. How could we think otherwise? Doug

Document Size:	4602
Author:	Doug Henwood
Date:	Mon Jul 22 16:54:35 PDT 2002

29192 stock market facts -- rank: 1000

Today's close in the S&P 500 is 46.3% off its 3/24/00 high. That's a hair behind the 10/3/74 low in the last serious bear market, -48.2%. It took 630 days to make the low in 1973-74, and 850 to get to today's. But there's a way to go before matching the low of 5/32 (using monthly rather than daily data): -82.3% The Nasdaq is 74.6% off its 3/10/00 high. The Dow is off a mere 33.6% from its 1/14/00 high. The bull market was a big political, social, and cultural phenomenon. The bear market prob ...

Document Size:	4855
Author:	Doug Henwood
Date:	Mon Jul 22 16:51:48 PDT 2002

29193 O'Neill sums up the secret to his genius -- rank: 1000

Brad DeLong wrote: >Would it be appropriate for me to say that now might be a good time >to offer yet another resounding "Thank You!!" to Ralph Nader? Would the Dow be any higher if Gore were president? I doubt it. And I'll bet lots of Dems are happy not to be presiding over this disaster, even though the bubble inflated during the Clinton/Rubin/Summers years. Doug

Document Size:	4987
Author:	Doug Henwood
Date:	Mon Jul 22 15:01:48 PDT 2002

29194 contradictions -- rank: 1000

Brad DeLong wrote: >How do I become an electronic subscriber? Paper is nice for reading >in the bathtub, but bits are more durable... easy - just ask Doug

Document Size:	4521
Author:	Doug Henwood
Date:	Mon Jul 22 14:58:42 PDT 2002

29195 Fwd: Public Opinion Watch by Ruy Teixeira: July 8-12 [POW} -- rank: 1000

Due to technical difficulties the dissemination of the latest edition of Public Opinion Watch that covers the time period of July 8-12, 2002 was slightly delayed. This edition and past editions of Public Opinion Watch are available in PDF and HTML formats on The Century Foundation's website at: <http://www.tcf.org/Opinions.> Public Opinion Watch is now available on the Tom Paine website, <http://www.tompaine.com.> ********************************************** Public Opinion Watch Ju ...

Document Size:	13457
Author:	Doug Henwood
Date:	Mon Jul 22 14:24:55 PDT 2002

29196 contradictions -- rank: 1000

Michael Pollak wrote: >On Mon, 22 Jul 2002, Doug Henwood wrote: > >> I'm working on a comparative history of bear markets for LBO #102 >> (which will, among other things, answer Steve Perry's questions). > >Did I miss #101? Or are you already working on #102 while #101 is still >in transit? 101 went out to electronic subscribers last week, and should be in the mail to print subscribers now. Doug

Document Size:	4792
Author:	Doug Henwood
Date:	Mon Jul 22 14:15:56 PDT 2002

29197 the ultimate conspiracy chart -- rank: 1000

<http://www.seyfried-berlin.de/diagram-1.htm>

Document Size:	4478
Author:	Doug Henwood
Date:	Mon Jul 22 09:33:48 PDT 2002

29198 busting (C) violators -- rank: 1000

Entertainment industry hunting down traders of online content Sat Jul 20, 1:21 AM ET By SIMON AVERY, AP Business Writer LOS ANGELES - Hoping to end the online trading frenzy that has plagued the music business, the movie industry is hunting down digital film swappers and getting their Internet service cut off. The action is part of intensifying efforts by the entertainment industry to control piracy. Those efforts include invasive technical measures. The Motion Picture Association of America use ...

Document Size:	9932
Author:	Doug Henwood
Date:	Mon Jul 22 09:32:19 PDT 2002

29199 Bush talks, stox tank -- rank: 1000

Washington Post - July 20, 2002 Bush's Economic Address, Suffering Slings and (Down) Arrows By Howard Kurtz When President Bush was speaking about the economy last Monday, Fox News and MSNBC blew up the size of their stock market tickers -- filling most of the screen with sinking numbers while reducing the president to a small box. As Bush talked about restoring investor confidence, he was dwarfed by the down arrows: Dow, down 285. Nasdaq, down 20. S&P, down 27. White House officials called ...

Document Size:	7725
Author:	Doug Henwood
Date:	Mon Jul 22 09:27:00 PDT 2002

29200 competing for homeless newspaper hawkers -- rank: 1000

Boston Globe - July 20, 2002 Street newspapers' dilemma: money vs. mission By David Abel, Globe Staff Like many hardened activists, Mora LaMountain yearned for a permanent soapbox, one that would give voice to the legions of homeless in Southern California. So, like a growing number of activists, the 41-year-old started a street newspaper called Making Change, a feisty quarterly sold by the homeless on the streets of Santa Monica. Then came competition. The Big Issue, a chain of weekly street ma ...

Document Size:	9444
Author:	Doug Henwood
Date:	Mon Jul 22 09:24:29 PDT 2002

29201 contradictions -- rank: 1000

These Yahoo breaking news alerts don't exmplify headline writing at its finest, but this one's a beaut: At 11:55 AM -0400 7/22/02, Yahoo! Alerts - Breaking News wrote: >WASHINGTON Bush seeks to reassure markets; backs Treasury Secretary O'Neill Yeah, W, that's the way to go about it - back the MIA idiot O'Neill. It's just hilarious to watch all these free marketeers demand reassurance from the government, and support for the market. If the damn thing was so right and beautiful going up, isn't ...

Document Size:	5004
Author:	Doug Henwood
Date:	Mon Jul 22 09:22:08 PDT 2002

29202 Katha Pollitt on her familiarity with Asians -- rank: 1000

Date: Sun, 21 Jul 2002 17:55:03 -0500 From: Katha Pollitt <kpollitt at thenation.com> Subject: you can post this if you like Dear Doug -- re asians. In the story, as I think is clear, I meant Asians as opposed to Asian-Americans. Ben was born and brought up in Manila, he is not a US citizen, his first language is Tagalog, then Spanish. His family still lives there and he is marrying a filipina.I have many Asian American friends, for example Rakesh, but alas none who grew up in say China ...

Document Size:	6281
Author:	Doug Henwood
Date:	Sun Jul 21 21:01:10 PDT 2002

29203 "the only Asian I know" -- rank: 1000

joanna bujes wrote: >Came back recently from a week in New York City and I can't say that >I remember seeing any Asians. Really? I can hardly step out the door without seeing Asians. Doug

Document Size:	4635
Author:	Doug Henwood
Date:	Sun Jul 21 21:02:16 PDT 2002

29204 O'Neill sums up the secret to his genius -- rank: 1000

Michael Pollak wrote: > I'm constantly amazed that anybody cares what I do. " > > TREASURY SECRETARY PAUL H. O'NEILL, the administration's main voice on > economic issues. Isn't that amazing? He's only the Treasury Secretary, which makes him one of the most important economic officials in the world. On the military/political side, we have a bunch of idiot warmongers, and on the economic side, a bunch of detached incompetents. Truly a fine staff to pilot the empire throu ...

Document Size:	5123
Author:	Doug Henwood
Date:	Sun Jul 21 12:43:29 PDT 2002

29205 Imagineer to head NSA R&D -- rank: 1000

Orlando Sentinel - July 17, 2002 Disney researcher joins spy agency By Richard Verrier | Sentinel Staff Writer LOS ANGELES -- Eric Haseltine is moving from one top-secret organization to another. Uncle Sam has plucked Walt Disney Co.'s chief of research and development to become head of research for the National Security Agency, which uses highly sophisticated technology to gather intelligence and break codes to protect sensitive government information systems. Haseltine worked for a decade at W ...

Document Size:	6689
Author:	Doug Henwood
Date:	Sun Jul 21 12:43:29 PDT 2002