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30286 Greenspan, thinking -- rank: 1000

Micheal Ellis wrote: >please excuse my ignorance but how did greenspan attain his position anyway? >i know he wasn't elected......was he appointed? Members of the Fed board of governors are appointed by the president & confirmed by the Senate. AG himself was a Wall Street economic consultant of no particular distinction who was long involved in Republican politics before Reagan appointed him Fed chair. Doug

Document Size:	4776
Author:	Doug Henwood
Date:	Thu Apr 18 06:13:38 PDT 2002

30287 Greenspan, thinking -- rank: 1000

A scary photo of Alan Greenspan: <http://www.washingtonpost.com/wp-dyn/articles/A534-2002Apr17.html>. Doug

Document Size:	4502
Author:	Doug Henwood
Date:	Wed Apr 17 14:51:15 PDT 2002

30288 West: Summers=Sharon -- rank: 1000

Michael Perelman wrote: >West's words might not have been chosen well, but it sounds unseemly for a >professor to be rebuked for supporting the wrong candidate in a political >race. > >Maybe he could package his rap CD with Ashcroft's singing. I haven't heard West's CD. Adolph Reed says it's awful, but he's probably not the most objective of sources. Anyone else heard it? >What might be more troubling is that Harvard might not want to spend big >$$$ for Black Studies and the ...

Document Size:	5572
Author:	Doug Henwood
Date:	Wed Apr 17 14:17:10 PDT 2002

30289 rate of return on capital -- rank: 1000

Carrol Cox wrote: >Or put another way, since returns on investment in the "First World" is >so much greater than investment in the "third world," why is there any >investment whatever in the latter. Why do _some_ capitalist firms invest >in those areas that offer lower returns? Hope springs eternal? There's a lot of investment in some Third World countries, like China and Mexico. But aside from oil-producing countries like Nigeria, there's almost no FDI in Africa, ...

Document Size:	5608
Author:	Doug Henwood
Date:	Wed Apr 17 14:11:09 PDT 2002

30290 One Moore stupid white man -- rank: 1000

Michael Perelman wrote: >The author of Arming America is about to get a similar treatment. > >On Wed, Apr 17, 2002 at 03:28:37PM +0000, Justin Schwartz wrote: >> >> Does anyone remember David Abraham? He was a left wing Princeton asst prof >> of History who was essentially run out of the profession by a cabal of right >> wing Germanists who objected to his thesis that Hitler had the support of >> the German capitalist class. His book contained a number ...

Document Size:	5448
Author:	Doug Henwood
Date:	Wed Apr 17 13:19:42 PDT 2002

30291 rate of return on capital -- rank: 1000

Ulhas Joglekar wrote: >From: Doug Henwood <dhenwood at panix.com> >> Carrol Cox wrote: >> >It is also why capital (if not destroyed) will destroy the human >> >species. >> >> The only thing wrong with this quasi-syllogism is that the marginal >> return in the developed nation is >0%, which is why about 2/3 of FDI >> goes to developed countries (and the remainder is concentrated in >> only about 10 "developing" cou ...

Document Size:	5423
Author:	Doug Henwood
Date:	Wed Apr 17 12:25:26 PDT 2002

30292 West: Summers=Sharon -- rank: 1000

Brad DeLong wrote: >>"Larry Summers strikes me as the Ariel Sharon of American higher >>education," Dr. West said today. "He struck me very much as a bull >>in a china shop, and as a bully, in a very delicate and dangerous >>situation."... > >Ah. A return to an old tradition: University Professors at Harvard >calling people dirty jews. A tradition that I had thought had died >out brought to life once again... Perhaps you should ask your nei ...

Document Size:	5026
Author:	Doug Henwood
Date:	Wed Apr 17 12:13:16 PDT 2002

30293 PS: poll breakdown -- rank: 1000

[Here's a breakdown of the latest Gallup poll on U.S. sympathies] Sympathies in the Middle East are with: Palestinian No Israeli Israelis Arabs Difference advantage Overall 50 15 35 35 Party Republicans 67 8 25 59 Independents 43 16 41 27 Democrats 45 21 33 24 Ideology Conservatives 59 10 31 49 Moderates ...

Document Size:	5125
Author:	Doug Henwood
Date:	Wed Apr 17 11:15:25 PDT 2002

30294 US popular support for Israel -- rank: 1000

[Gallup has converted some stuff to subscription only. Since I'm subscribed, and sign-in is via cookie, I don't know if the full analysis is available to all.] <http://www.gallup.com/poll/releases/pr020417.asp> POLL ANALYSES April 17, 2002 Republicans, Conservatives More Supportive of Israelis than Democrats, Liberals Pattern has persisted for at least the past decade by David W. Moore GALLUP NEWS SERVICE Send to a Friend Printable Version Message to the Author PRINCETON, NJ -- Recently so ...

Document Size:	7214
Author:	Doug Henwood
Date:	Wed Apr 17 09:40:07 PDT 2002

30295 Dollar Embargo -- rank: 1000

pms wrote: >Anybody know what MOF is? Ministry of Finance. Though there are lots of MOFs in the world, when used alone & unmodified, it refers to Japan's. Doug

Document Size:	4460
Author:	Doug Henwood
Date:	Wed Apr 17 09:36:37 PDT 2002

30296 rate of return on capital -- rank: 1000

Carrol Cox wrote: >Why is it counter-intuitive? I would assume that colonial profits have >_never_ been higher in absolute terms than profits at "home" -- they are >simply a requirement for the absorption of capital that otherwise would >not be active at all. > >Return in Developed Nation: X % > >Return on additional investment in developed nation: 0 % > >Return on Investment in Colony: X/2 %. Better than nothing. > >This is why imperialism is _not_ ...

Document Size:	5586
Author:	Doug Henwood
Date:	Wed Apr 17 06:45:35 PDT 2002

30297 Charybdis writes... -- rank: 1000

This came from someone on another list using the name Charybdis: <http://www.no-god.com/game/wrath.swf>.

Document Size:	4487
Author:	Doug Henwood
Date:	Tue Apr 16 17:59:23 PDT 2002

30298 US less indebted? -- rank: 1000

[the paper is at <http://www.federalreserve.gov/pubs/ifdp/2002/722/default.htm>] Wall Street Journal - April 16, 2002 New Federal Reserve Study Reports U.S. Debt May Be Overestimated By TYLER LIFTON DOW JONES NEWSWIRES NEW YORK -- The U.S. may not be nearly as big an international debtor as generally thought, because official data overstate how much it owes to foreigners, a Federal Reserve study has found. Capital-flow data may substantially overstate the number of U.S. bonds foreigners ho ...

Document Size:	7736
Author:	Doug Henwood
Date:	Tue Apr 16 15:15:54 PDT 2002

30299 "millions" in Italian general strike -- rank: 1000

Matthew Snyder wrote: >Doug Henwood writes: >> [can we please have one of these?] > >*Could* we (Americans) have one of these? Is it possible in >a country this large? Certainly it could be done in large >cities if the right essential services were on board (public >transportation, schools, banks...), but I'm having trouble >figuring out the logistics of organizing a national general >strike. Italy's not a small country. It's more a matter of ideology & insti ...

Document Size:	5344
Author:	Doug Henwood
Date:	Tue Apr 16 14:22:32 PDT 2002

30300 Meta-pomo Science -- rank: 1000

Brad DeLong wrote: >You "suffer" from the "belief" that "words" "mean" "something," and >that what "issues" from "George W. Bush's" "mouth" "ought" to have >"some" "consistency"--"as if" there were "actually" a "mind" back >there, as opposed to a bunch of speechwriters churning out >platiturds... [that was a genuine typo, but I'm going to leav ...

Document Size:	4960
Author:	Doug Henwood
Date:	Tue Apr 16 13:22:23 PDT 2002