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29206 390/4.87% -- rank: 1000

Nathan Newman wrote: >True-- although the basic dynamic remains that there is that demographic >expansion and money looking for investments. Stocks may overshoot on the >downside but if they stabilize for any period of time, I bet money >relatively quickly inches back in and pushes it back to a more "reasonable" >level. Why should this money go into stocks? Chile's stock market has had a terrible few years despite all the privatized pension money going into it. I'm very ...

Document Size:	4944
Author:	Doug Henwood
Date:	Sun Jul 21 12:43:29 PDT 2002

29207 "the only Asian I know" -- rank: 1000

Ulhas Joglekar wrote: >I can't say anything about Ms. Pollitt, but North American Left does seem >rather clueless about Asia. Obviously, there are some exceptions and some N. >American Leftists are well informed about Asia. But they are exceptions. Asia's a very big place (and what *is* the history of the concept of Asia? how did Indonesia and Japan get grouped together?). What don't we know that we should? Doug

Document Size:	4920
Author:	Doug Henwood
Date:	Sun Jul 21 11:33:11 PDT 2002

29208 WSJ visits the Brecht Forum, discovers THE Woman -- rank: 1000

Michael Pollak wrote: >Still, pretty nice profile (and pretty high-powered company, even if the >reporter was oblivious to that fact). But I have a question about a >recurrent Henwood/Featherstone theme: > >> Josh, a graduate student, said that the lives of the protesters were >> shot through with what Marx referred to as the fetishism of commodities. >> Their love of organic food, he implied, was greater than their love of >> the oppressed who grow it. M ...

Document Size:	7670
Author:	Doug Henwood
Date:	Sat Jul 20 12:06:12 PDT 2002

29209 390/4.87% -- rank: 1000

Peter K. wrote: >Whoosh, unawares I was at a bar and someone mentioned >the Dow dropped 400 today. Huh? And narry a comment on LBO-list. It's interesting. Previous downdrafts have typically been greeted in left circles as the onset of the Big One. This time, the mood seems less excited. Maybe this is a new kind of contrary indicator - the relative absence of catastophist discourse where it had previously been endemic might be symptomatic of a mass psychology that underestimates the serious ...

Document Size:	5238
Author:	Doug Henwood
Date:	Sat Jul 20 12:06:12 PDT 2002

29210 390/4.87% -- rank: 1000

Nathan Newman wrote: >Stocks are going to find the bottom where that skepticism meets some >more reasonable standard of stock valuation. That's optimistic. They could well overshoot the "reasonable" on the downside, just as they did on the upside. Doug

Document Size:	4537
Author:	Doug Henwood
Date:	Sat Jul 20 12:06:12 PDT 2002

29211 goosip -- rank: 1000

joanna bujes wrote: >I read Pollitt's piece last night and, I have to admit, I was very >disappointed. The one virtue of anonymity is that when your sweetie >dumps you, you dont have to embarrass yourself all over the New >Yorker. It was also an act of revenge, and a very successful one, I'm guessing. News that Paul M dis'd his current g/f as a twit is probably not playing well in the new household. Doug

Document Size:	4682
Author:	Doug Henwood
Date:	Fri Jul 19 09:53:20 PDT 2002

29212 dollar, euro, Russia -- rank: 1000

ChrisD(RJ) wrote: >What I find really ironic in teh contemporary economic world, by the by, is >that capital is leaving the US, worried by corruption in the US economy, and >flooding into Russia, due to confidence in the increasing professionalism in >Russian business. This is too rich for words! Hey, it's change at the margins that moves the markets! But is this perception of Russia wrong? Doug

Document Size:	4819
Author:	Doug Henwood
Date:	Fri Jul 19 09:40:48 PDT 2002

29213 WSJ visits the Brecht Forum, discovers THE Woman -- rank: 1000

Wall Street Journal online - July 19, 2002 My Summer School By BRIAN MCGUIRE In summer 1931, the journal Class Struggle noted an educational triumph: "The classes of our workers school have been unusually successful. More than 30 workers attended the class in volume one of Marx's Capital, the most popular of them all." The tradition continues. This past week, the Brecht Forum, on 27th Street in Manhattan, offered its 24th annual "intensive study" in Marxism -- for workers and ...

Document Size:	11831
Author:	Doug Henwood
Date:	Fri Jul 19 09:24:50 PDT 2002

29214 bottom nearing? -- rank: 1000

Calls from reporters, some of them mainstream, have been picking up. So by that indicator, the markets may be close to a bottom. But if this is really a long-term bear market (which I think it is), that indicator, discovered during a great bull market, may not work as well. As for Brad's assertion that mass psychology has turned bearish enough to expect an upturn, here's some evidence to the contrary, from the new ish of Grant's Interest Rate Observer (edited by the smart and witty but often wro ...

Document Size:	5333
Author:	Doug Henwood
Date:	Fri Jul 19 09:10:23 PDT 2002

29215 Martha rally fizzles -- rank: 1000

New York Post - July 19, 2002 PRO-MARTHA RALLY A BIT UNDERDONE By GILL SMITH A rally for embattled domestic diva Martha Stewart was more of a bust than a boost yesterday - when only four people bothered to show up. Organizers expected more than 50 fans to gather outside the CBS studios on Fifth Avenue, where Stewart has been a no-show for a weekly slot on the "Early Show," offering cooking and decorating tips. Stewart hasn't been on the show since a disastrous interview on June 25, whe ...

Document Size:	5716
Author:	Doug Henwood
Date:	Fri Jul 19 08:29:59 PDT 2002

29216 [-|-] Militant Radical Islam and Anti-Judaism -- rank: 1000

Kevin Robert Dean wrote: >Oh great...here comes the P-News spammer. May I >recommend quickly unsubscribing this idiot? Done. Doug

Document Size:	4757
Author:	Doug Henwood
Date:	Fri Jul 19 08:26:14 PDT 2002

29217 [-|-] Militant Radical Islam and Anti-Judaism -- rank: 1000

Chaim-Tevya wrote: >Israel has the right of self-defense. Arafat's "land for peace" is only >the first step to destroying all of Israel. Arafat, when his feet are held >to the fire, says he is for peace in English all the while in Arab calling >for more homicide bombings. Only recently did he declare his opposition to >the bombings - but he never renounced his "phased plan" to destroy all of >Israel nor is peace the intent of political Islam. > >Inten ...

Document Size:	5474
Author:	Doug Henwood
Date:	Fri Jul 19 07:49:20 PDT 2002

29218 goosip -- rank: 1000

pms wrote: Her fifth post of the day. Would you like to join Michael Pugliese on his vacation? Doug

Document Size:	4316
Author:	Doug Henwood
Date:	Thu Jul 18 15:29:46 PDT 2002

29219 goosip -- rank: 1000

joanna bujes wrote: >At 07:17 PM 07/17/2002 -0400, you wrote: >>Pollitt >>admits she "never once woke him up with" a particular sexual act, >>"despite being told many times that this was what all men wanted . > >Just want to be clear on this: all men want to be woken up with a blow job? So claimed Paul Mattick Jr. I hadn't heard that before, but I'm often a bit out of touch. Doug

Document Size:	4705
Author:	Doug Henwood
Date:	Thu Jul 18 11:23:57 PDT 2002

29220 media games -- rank: 1000

<http://www.washingtonpost.com/wp-dyn/articles/A22440-2002Jul17.html> Washington Post - July 18, 2002 Enron-N.Y. Times Co. Deal Highlights Media's Dilemma By Howard Kurtz When Enron collapsed amid spectacular scandal, the New York Times repeatedly assailed the company in editorials for its tangled finances. Five years ago, it turns out, the New York Times Co. struck a "newsprint swap agreement" -- a financial deal in which no physical assets changed hands -- with the very same Ho ...

Document Size:	5381
Author:	Doug Henwood
Date:	Thu Jul 18 11:21:02 PDT 2002