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31786 FOMC release -- rank: 1000

<http://www.federalreserve.gov/BoardDocs/Press/General/2001/20010320/default.htm> Release Date: March 20, 2001 For immediate release The Federal Open Market Committee at its meeting today decided to lower its target for the federal funds rate by 50 basis points to 5 percent. In a related action, the Board of Governors approved a 50 basis point reduction in the discount rate to 4-1/2 percent. Persistent pressures on profit margins are restraining investment spending and, through declines in ...

Document Size:	6193
Author:	Doug Henwood
Date:	Tue Mar 20 12:46:32 PST 2001

31787 Brown students trash Horowitz -- rank: 1000

Yoshie Furuhashi wrote: >No one but media junkies (which most Americans -- unlike LBO-talkers >-- are not) will remember the Horowitz incident, the Dartmouth >affair, etc. "Playing into the hands of conservatives" doesn't seem >to be worth worrying about. By that standard, most of the things you care about are irrelevant too. Most Americans don't give a damn about Lenin or Bataille. But is that really the right standard? Doug

Document Size:	4928
Author:	Doug Henwood
Date:	Tue Mar 20 12:27:36 PST 2001

31788 Free Speech -- rank: 1000

Justin Schwartz wrote: >For example, the Dennis case, upholding the conviction of the CPUSA >leaders for (I am not kidding) conspiring to advocate the overthrow >of the government (really! but this would pass muster under the Brit >antiterrorism law) is still technically good law; it has never been >expressly vacated or overruled. But no court in the country would >allow such a conviction to stand today. Especially now that the CPUSA does little more than shill for Democrats! D ...

Document Size:	4831
Author:	Doug Henwood
Date:	Tue Mar 20 08:00:15 PST 2001

31789 Volatility and Race -- rank: 1000

Daniel Davies wrote: > Now in its fifth year, the annual survey shows that >the percentageof Blacks who own stocks or stock mutual >funds climbed from 57% in 1998 to 64% last year, while >White stock ownership remained flat atabout 81%. I assume these percentages refer to the over-$50,000 universe, because otherwise they're thoroughly implausible. The median black household has financial wealth (assets less debts, excluding primary residence and its mortgage) of $1,200, and 27% ha ...

Document Size:	5112
Author:	Doug Henwood
Date:	Tue Mar 20 07:29:08 PST 2001

31790 song (and more songs) -- rank: 1000

Jim Westrich wrote: >I have not heard the track Doug put out on Napster. I'll take his >word it is bad. It's deeply bad, and has to be heard to be believed. But aside from its appeal to what an old friend called connoisseurs of crud, it says a lot about the sensibility behind Mark Crispin Miller's shallow, moralizing media criticsm. It's up there now: Mark Crispin Miller, Queen of the Forest (filename: MC Miller - Queen.mp3). >The tracks can be most easily located by searching for Old ...

Document Size:	5250
Author:	Doug Henwood
Date:	Tue Mar 20 07:20:09 PST 2001

31791 Paris swings left for first time in over 100 years -- rank: 1000

Chuck0 wrote: >Wake me up when they start burning down the American stores. Why are they worse than the French ones? Are they run on anarcho-syndicalist principles? Doug

Document Size:	4824
Author:	Doug Henwood
Date:	Mon Mar 19 15:27:05 PST 2001

31792 news from the margins -- rank: 1000

>Evangelical Christian Gays >By Paul Varnell >http://www.indegayforum.org/articles/varnell54.html

Document Size:	4570
Author:	Doug Henwood
Date:	Mon Mar 19 15:06:35 PST 2001

31793 reparations & exploitation -- rank: 1000

LeoCasey at aol.com wrote: >Interesting, but I wonder: >(a) if it is only full-time college and university teachers, so that the >part-time adjunct is removed from the equasion, thus inflating the figure; Yes, it's fulltime only. If you included the part-timers, I doubt it would bring the median down to the level of janitors. >(b) how much the pre-K and K teacher salary is undercut by the inclusion of >very low wage child care workers who work outside of a school setting; I doubt ...

Document Size:	6261
Author:	Doug Henwood
Date:	Mon Mar 19 14:49:51 PST 2001

31794 reparations & exploitation -- rank: 1000

Catherine Driscoll wrote: >you are seriously contending that the majority of cleaners are better >off economically than the majority of academics. MEDIAN WEEKLY WAGES, U.S., 1999 all women men Teachers, college and university 953 859 1038 Teachers, kindergarten and pre-K 440 442 * Maids and housemen 296 289 330 Janitors and cleaners 324 293 351 --- *too few to provide a statically reliable es ...

Document Size:	5005
Author:	Doug Henwood
Date:	Mon Mar 19 14:20:01 PST 2001

31795 WBAI weblink -- rank: 1000

A few people have asked what happened to the WBAI webcast. The entity that was handling it, Porus, went under; you can now get it through <http://www.2600.com/offthehook/hot2.ram>. Doug

Document Size:	4571
Author:	Doug Henwood
Date:	Mon Mar 19 14:01:11 PST 2001

31796 Joey Ramone sick -- rank: 1000

<http://www.nydailynews.com/2001-03-16/News_and_Views/Daily_Dish/a-103537.asp> Ramone's Battle for Health One of New York's original punk rockers is fighting for his life. Joey Ramone, 49, lead singer of the Ramones, a band out of Forest Hills that spearheaded the downtown punk scene in 1974, is in a New York-area hospital battling lymphoma. The group, which Joey formed with Marky, Dee Dee and Johnny - all of whom adopted the same last name as the band - broke up only five years ago. But t ...

Document Size:	5404
Author:	Doug Henwood
Date:	Mon Mar 19 13:55:16 PST 2001

31797 Brown students trash Horowitz -- rank: 1000

Chris Kromm wrote: >Sadly, I'm sure Horowitz is loving every minute of this. Yeah, and it probably wins him allies. I don't think destroying copies of a newspaper that runs an ad you disagree with is a very wise policy, but I guess I'm just a wimpy liberal. Doug

Document Size:	4705
Author:	Doug Henwood
Date:	Mon Mar 19 11:55:14 PST 2001

31798 Anti-Semitism and Anti-Globalization -- rank: 1000

Lisa & Ian Murray wrote: >Mike and Lori are east coast liberal internationalists. Coastist! Doug

Document Size:	4600
Author:	Doug Henwood
Date:	Mon Mar 19 11:01:30 PST 2001

31799 BoJ gets aggressive -- rank: 1000

[source not given] BOJ guides interest rates to near zero March 19, 2001 Web posted at: 6:25 PM HKT (1025 GMT) By Staff and wire reports TOKYO, Japan -- Amid growing alarm about the state of its economy, Japan's central bank has decided to guide down interest rates to near zero. The Bank of Japan (BOJ) said at a Monday meeting it will inject more money into the economy by raising bank reserves by 1 trillion yen. That effectively pushes interest rates back to zero in an attempt to revive economic ...

Document Size:	7729
Author:	Doug Henwood
Date:	Mon Mar 19 07:17:46 PST 2001

31800 Brown students trash Horowitz -- rank: 1000

Chronicle of Higher Education - web daily - March 19, 2001 Newspaper Ad Challenging Reparations for Slavery Ignites a Debate About Free Speech at Brown U. By ANDREW BROWNSTEIN Providence An advertisement attacking the idea that black Americans should be paid reparations for slavery led student activists at Brown University on Friday to trash roughly the entire press run of the campus newspaper in which the ad appeared. The action capped tense days of protests, meetings, and demands that are like ...

Document Size:	10452
Author:	Doug Henwood
Date:	Mon Mar 19 07:14:47 PST 2001