Search LBO-Talk Archives

30121 FOMC: rate same, bias towards ease -- rank: 1000

Nomiprins at aol.com wrote: >It would have been spinned to link to the stock market (since >Greenspan characterized the economy as 'resilient' just last month) >evoking remarks from Bush & co. about the positive combined impact >of harsher corporate fraud penalties (a useless afterthought) and >supportive monetary policy. But, the erosion in stock market value >over the past two years, and more spectacularly over the past couple >months, was due to the discovery that all ...

Document Size:	6305
Author:	Doug Henwood
Date:	Tue Aug 13 14:57:38 PDT 2002

30122 New Model Armey -- rank: 1000

New York Press - August 14-20 2002 Hill of Beans Christopher Caldwell New Model Armey Every election season piles up more evidence that the Cold War party structure has become meaningless. Not just "more fluid," or "harder to read"-meaningless. Our parties are coming to resemble sports teams in the era of free agency-they have fans who remain loyal, even if the squad has nothing in common with last year's. "Liberal" Bill Clinton abolished welfare and pursued a more ...

Document Size:	9003
Author:	Doug Henwood
Date:	Tue Aug 13 13:50:55 PDT 2002

30123 FOMC: rate same, bias towards ease -- rank: 1000

Nomiprins at aol.com wrote: >Greenspan did the right thing How? Why? Whaddya mean? Doug

Document Size:	4643
Author:	Doug Henwood
Date:	Tue Aug 13 13:48:59 PDT 2002

30124 unions -- rank: 1000

Carrol Cox wrote: >Doug Henwood wrote: >> >> Carrol Cox wrote: >> >> And how did she provide capital for production by buying bonds or stocks? >> > >Why do you think this a releveant question? > >I wouldn't have the slightest idea -- she simply bought a share of >surplus value. Same with Mrs. Dodge 66 years ago. Her husband left her >with $50 million (quite a lot in 1935). She put it all in tax-free >municipal bonds, but she sure as hell di ...

Document Size:	5762
Author:	Doug Henwood
Date:	Tue Aug 13 12:57:48 PDT 2002

30125 FOMC: rate same, bias towards ease -- rank: 1000

<http://www.federalreserve.gov/boarddocs/press/monetary/2002/20020813/> Release Date: August 13, 2002 For immediate release The Federal Open Market Committee decided today to keep its target for the federal funds rate unchanged at 1 3/4 percent. The softening in the growth of aggregate demand that emerged this spring has been prolonged in large measure by weakness in financial markets and heightened uncertainty related to problems in corporate reporting and governance. The current accommod ...

Document Size:	5801
Author:	Doug Henwood
Date:	Tue Aug 13 12:08:44 PDT 2002

30126 unions -- rank: 1000

Carrol Cox wrote: >Doug Henwood wrote: >> >> That >> makes her the opposite of a capitalist in some ways - an >> old-fashioned rich person who enjoyed hoarding and/or spending, but >> not throwing her capital into the M-C-M' circuitry. >> > >Yes she was. She didn't live off principal. I suspect but off of >dividends, interest, etc. She was a rentier. And how did she provide capital for production by buying bonds or stocks? Doug

Document Size:	4808
Author:	Doug Henwood
Date:	Tue Aug 13 10:50:17 PDT 2002

30127 unions -- rank: 1000

billbartlett at dodo.com.au wrote: >Well it happens. I saw somewhere that the widow Onassis took a job >in a publishing firm for a while. She would have had to be >considered a full member of the capitalist class no matter how you >cut it. She was rich, no doubt about that. But was she a capitalist in the same sense that her late husband Ari was, as a tanker magnate, or her previous late husband, as CEO of the world bourgeoisie? Gore Vidal said that Jackie loved money and publicity a ...

Document Size:	5037
Author:	Doug Henwood
Date:	Tue Aug 13 10:03:29 PDT 2002

30128 no wonder the NewsHour is so compelling -- rank: 1000

[from Romenesko's Media Daily] At 4:03 PM +0000 8/13/02, Poynter Institute wrote: >"NewsHour" host Lehrer likes to check eBay for cool bus-related stuff >Jim Lehrer checks the online auction site countless times daily, >looking for Greyhound badges, Trailways depot signs, toy buses or >bus ticket stubs to add to his collection, reports Linton Weeks. "I >would use the word 'concentrated,'" Lehrer says of his interest in >bus paraphernalia. "Not 'obsessiv ...

Document Size:	5404
Author:	Doug Henwood
Date:	Tue Aug 13 09:58:34 PDT 2002

30129 Greenspan = Chauncey Gardiner -- rank: 1000

Peter K. wrote: >Slow Recovery May Still Feel Like a Slump It's the early 90s all over again - a Bush in the WH, war with Iraq imminent, the recovery jobless.... Doug

Document Size:	4620
Author:	Doug Henwood
Date:	Tue Aug 13 09:40:52 PDT 2002

30130 "post-leftism" -- rank: 1000

gary butler wrote: > You people read to much, and worse than that >you do not understand what you are reading. Wake up >and smell the roses. Let me make it easy for you,if >your >on the right your wrong and if your on the left your >not right,but aware of whats wrong and you make >changes to oppose the right. Throw your books away and >start living it,deal with reality. If this is evidence of what comes from not reading, I think I'll stick with reading. Do you ha ...

Document Size:	4969
Author:	Doug Henwood
Date:	Tue Aug 13 09:35:56 PDT 2002

30131 bull's birthday -- rank: 1000

Today is the 20th anniversary of the birth of the now-deceased bull market in U.S. stocks. The Dow rose 1.4% to close at 788.10. Doug

Document Size:	4503
Author:	Doug Henwood
Date:	Tue Aug 13 09:22:36 PDT 2002

30132 anthrax doc failed lie test -- rank: 1000

New York Post - August 13, 2002 'ANTHRAX' DOCTOR FAILED LIE TEST By NILES LATHEM WASHINGTON - A month before the first anthrax-laced letters were mailed, the bio-warfare expert now at the center of the probe failed a CIA-administered polygraph test over questions surrounding his mysterious past with a secret commando force in Rhodesia, The Post has learned. Dr. Steven Hatfill, 48, the former Army bio-weapons expert publicly named as a "person of interest" in the federal anthrax probe, ...

Document Size:	7699
Author:	Doug Henwood
Date:	Tue Aug 13 09:02:49 PDT 2002

30133 Nickel & Dimed - the TV version -- rank: 1000

FOR IMMEDIATE RELEASE A SPECIAL WORLD PREMIERE PRESENTATION INVESTIGATIVE REPORTS WAGE SLAVES: NOT GETTING BY IN AMERICA MONDAY, AUGUST 26,9-11PM ET/PT Inspired by the book Nickel and Dimed by Barbara Ehrenreich New York, NY, August 8, 2002 - How does anyone survive earning sixto seven dollars an hour? They are called "the working poor," but what exactly does that mean? Best-selling,National Book Critics Award winning author Barbara Ehrenreich, author of Nickel and Dimed, decided to f ...

Document Size:	8123
Author:	Doug Henwood
Date:	Tue Aug 13 08:58:26 PDT 2002

30134 unions -- rank: 1000

Dddddd0814 at aol.com wrote: >In a message dated 8/11/2002 5:54:24 PM Eastern Standard Time, >dhenwood at panix.com writes: > >> >There are three >>>classes in the U.S. >>> >>>Capitalists >>>Workers >>>Petty Producers >>> >>>The term "middle class" is an infallible giveaway of moralistic or >>>otherwise muddled political thinking. >> >>Feeling rather ex cathedra today, are you? >&g ...

Document Size:	7286
Author:	Doug Henwood
Date:	Tue Aug 13 08:26:57 PDT 2002

30135 unions -- rank: 1000

billbartlett at dodo.com.au wrote: >This is muddled thinking, you are equating economic class with the >trade or skills of an individual. It is impossible to determine >whether a medical doctor, or a manager, is from the capitalist or >working class without some additional information. It is not whether >they have a certain trade or qualification, but whether they own >capital, that makes the difference. > >Likewise, being "boss or bossed" is completely irrelev ...

Document Size:	6223
Author:	Doug Henwood
Date:	Tue Aug 13 08:18:16 PDT 2002