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32161 John Makin, AEI -- rank: 1000

Ken Hanly wrote: >But wouldnt institutional investors and mutual funds take a more >conservative stance to investing. In fact in some cases woudnt they be >required to do so? Is there the same bubble in mutual funds indices? There were dot.com mutual funds. The industry is highly segmented, with small and large funds specializing in all kinds of things, from highly targeted to broadly diversified. An S&P index fund isn't off *that* badly; I'm sure Munder's 100%-pure Internet Net Net ...

Document Size:	6893
Author:	Doug Henwood
Date:	Sat Jul 14 10:39:36 PDT 2001

32162 John Makin, AEI -- rank: 1000

Yoshie Furuhashi wrote: >Why the doubling? Because of the rise of 401k plans? Yes, certainly that, and the bull market itself. It's not just that new buyers make prices rise; rising prices bring in new buyers. Demand is often most fervent just before a peak. Doug

Document Size:	4567
Author:	Doug Henwood
Date:	Sat Jul 14 10:26:06 PDT 2001

32163 John Makin, AEI -- rank: 1000

Carrol Cox wrote: >Doug Henwood wrote: >> >> >> Forget the Dow - try the Nasdaq .... one of >> the great bubbles in financial history, now burst. This is much more >> representative of first, the mass psychology, and second, the average >> individual investor's portfolio. > >What are we talking about when we speak of "the average individual >investor"? Also, how "mass" is that mass"? Well, 50% of U.S. households have s ...

Document Size:	6035
Author:	Doug Henwood
Date:	Sat Jul 14 08:52:39 PDT 2001

32164 comment on Zionism discussion -- rank: 1000

teds wrote: >To Mr. Henwood, your truck with the opposing-Zionism >-is-rooted-in-anti-semitism view is curious. Nothing but a Stalinist-style >smear, in my view. Fuck you, pal. I didn't say that. I said that some people use anti-Zionism as a cover for anti-Semitism, and that it's important to keep the two separate. I said that partly because I think it's true and partly because as the moderator of this list, I wanted to make clear what I thought the limits of permissible speech in this ...

Document Size:	5189
Author:	Doug Henwood
Date:	Sat Jul 14 07:09:07 PDT 2001

32165 John Makin, AEI -- rank: 1000

Ken Hanly wrote: > The market indices have levelled and no doubt for some of the >reasons that Makin gives. But as yet there does not seem to be any >disastrous downturn in market indices as a result of a peak being reached. >The present indices are not all that far from the original peak. >ttp://quote.yahoo.com/q?s=^DJI&d=c&t=5y&l=on&z=b&q=l Forget the Dow - try the Nasdaq <http://finance.yahoo.com/q?s=^IXIC&d=c&t=5y&l=on&z=b&q=l ...

Document Size:	5233
Author:	Doug Henwood
Date:	Sat Jul 14 06:53:22 PDT 2001

32166 zionism -- rank: 1000

Max Sawicky wrote: >In the Middle East, it's not quite as funny, since there >is a small but positive chance that the Jews of Israel >could be driven into the sea. How would that happen? The Israeli army would kill anyone who tried, and anyone who looked like there was a remote chance s/he'd try. It's this sort of fantasy of vulnerability that's used to justify all kinds of repressive horrors. Doug

Document Size:	4761
Author:	Doug Henwood
Date:	Sat Jul 14 06:43:28 PDT 2001

32167 Fw:NaderHatersUSA -- rank: 1000

Brad DeLong wrote: >I thought Nader said that Gore lost West Virginia because of his >Greenness--and that he was a fool for talking about the >environment?... Eh? It's very difficult to believe that Nader said anything like that. Doug

Document Size:	4595
Author:	Doug Henwood
Date:	Sat Jul 14 06:38:36 PDT 2001

32168 Radosh, the Rosenbergs and DSA -- rank: 1000

Does Ron Radosh have any redeeming characteristics, or is he just a low apologist for U.S. imperialism? Doug

Document Size:	4547
Author:	Doug Henwood
Date:	Fri Jul 13 20:29:41 PDT 2001

32169 UNITE in NYC -- rank: 1000

New York Daily News - July 10, 2001 Union's Best Years Have Come and Gone Garment factories routinely trample laws and contracts By BOB PORT Daily News Staff Writer The Union of Needletrades, Industrial and Textile Employees, the labor advocate for exploited garment workers, has lost its bargaining power and is unable to stop abuses suffered by its own members. While UNITE has an active "Stop Sweatshops" campaign, in New York it cannot guarantee all its members the minimum wage. The Ne ...

Document Size:	13894
Author:	Doug Henwood
Date:	Fri Jul 13 20:22:57 PDT 2001

32170 John Makin, AEI -- rank: 1000

Brad Mayer wrote: >Although I hope to return to the colonialism (on which Mr. Newman >got the Oxford dictionary definition _exactly_ wrong), US/Israel >question, on a different subject, this guy John Makin of the AEI has >been popping up in the press recently. Any take on Makin here? > >URL: http://www.aei.org/eo/eofront.htm He seems fairly sensible, at least the last 3 or 4 issues of his commentaries I read were sensible. Which is another way of saying that I agree with his l ...

Document Size:	5008
Author:	Doug Henwood
Date:	Fri Jul 13 12:28:29 PDT 2001

32171 Teamsters, Hoffa Jr. and Rank Opportunism On The Left -- rank: 1000

Max Sawicky wrote: >I agree w/everything in your post. > >My own beef is the inordinate prejudice >against the IBT, Junior Hoffa and all, relative >to other unions, by many on the left. Just look >at DH's distortion-by-quotation of the IBT article. >Outrageous. Don't I recall Junior buddying up to Pat Buchanan at some point last year? Oh yeah, and wasn't there something about an audience of 5,000 Teamsters "heatedly cheering" <http://www.salon.com/politics2000/ ...

Document Size:	5563
Author:	Doug Henwood
Date:	Fri Jul 13 10:04:07 PDT 2001

32172 Probably a stupid question about consumers -- rank: 1000

Michael McIntyre wrote: >Where can you find the time series data on this? Has anyone taken >up Eisner's suggestion and developed time-series estimates for how >much of "G" has been govt. consumption and how much govt. investment? The NIPA revisions of a couple of years ago started reporting government consumption and investment. You can get the NIPA tables at <http://www.bea.doc.gov/bea/dn/nipaweb/>. Scroll down to section 3 for the government tables. Doug

Document Size:	5159
Author:	Doug Henwood
Date:	Fri Jul 13 09:37:37 PDT 2001

32173 Probably a stupid question about consumers -- rank: 1000

Kevin Robert Dean wrote: >A recent article on CNNFI.COM stated that consumer >spending accounts for 2/3rds of the economy--I am >under the assumption that by "consumer", CNNFI means >the American consumer. > >Am I wrong in this assumption? Or do economists count >foreign trade differently? Are foreign conumers >included in this number? If not, can we actually >believe that American conumers by themselves acount >for the 2/3rds? Yup. Personal consumption ...

Document Size:	5664
Author:	Doug Henwood
Date:	Fri Jul 13 07:33:27 PDT 2001

32174 Halle, elected official -- rank: 1000

[from Sam Smith's Progressive Review] NEW HAVEN REGISTER: John Halle pulled off an upset in the 9th Ward when he became the first member of the Green Party to win a seat on the New Haven Board of Aldermen. Halle, 41, will finish the term of Democrat Gerald Garcia, who resigned to take a job in New York . . . "This is a very unusual thing," Halle said, shouting over victory party cheers at his home. "I think it might be an indication of things to come."

Document Size:	4813
Author:	Doug Henwood
Date:	Thu Jul 12 16:59:34 PDT 2001

32175 Teamsters, Hoffa Jr. and Rank Opportunism On The Left -- rank: 1000

Brad DeLong wrote: >Ah. But if you blame it on NAFTA and the WTO you don't have to >confront how much was lost on the environmental front by the >replacement of Gore and Browner by Cheney and Whitman, and how much >will be lost on the union front by the forthcoming >Republican-dominated NLRB... Though if you blame Cheney & Whitman, then you don't have to confront how much damage their predecessors did. Doug

Document Size:	5164
Author:	Doug Henwood
Date:	Thu Jul 12 13:16:51 PDT 2001