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34336 China PNTR: it's about investment, not trade -- rank: 1000

Wall Street Journal - May 25, 2000 House Vote Primes U.S. Firms To Boost Investments in China By HELENE COOPER and IAN JOHNSON Staff Reporters of THE WALL STREET JOURNAL The China investment rush is on. Even before the first vote was cast Wednesday in Congress's decision to permanently normalize U.S. trade with China, Corporate America was making plans to revolutionize the way it does business on the mainland. And while the debate in Washington focused mainly on the probable lift for U.S. export ...

Document Size:	15633
Author:	Doug Henwood
Date:	Thu May 25 15:05:49 PDT 2000

34337 Sweeny after China -- rank: 1000

Statement by John J. Sweeney, President of the AFL-CIO Post-China Permanent NTR Vote News Conference May 25, 2000 While we are disappointed in the outcome of yesterday's vote, we emerge from the debate ahead of where we went into it, and focused on the work ahead of us. The debate showed the force of concerns over human rights and workers' rights and the environment when it comes to trade and investment agreements, and elevated those issues. I believe this vote will be seen as a turning point in ...

Document Size:	12994
Author:	Doug Henwood
Date:	Thu May 25 14:30:39 PDT 2000

34338 WB and IMF -- rank: 1000

James Baird wrote: >Speaking of Bob Fitch, is he planning on writing any >more books on NYC? "The Assasination of New York" was >great, but you got the impression it was only the tip >of the iceberg... Bob's writing a book called Sellout!, about unions in the USA. You can guess the drift of his argument from the title. Doug

Document Size:	4663
Author:	Doug Henwood
Date:	Thu May 25 13:56:06 PDT 2000

34339 Fwd: Imm - Kemp, other GOP supporting immigration -- rank: 1000

[a particuarly repellent piece circulated by the repellent folks at Negative Population Growth] Date: 23 May 2000 From: npg at npg.org To: population-news at npg.org Subject: Imm - Kemp, other GOP supporting immigration Sender: owner-population-news at mclean1.his.com Reply-To: population-news at npg.org Don Feder: By embracing liberal immigration policy GOP would commit suicide By Don Feder The (NH) Union Leader May 23, 2000 Former Congressman and vice presidential candidate Jack Kemp ó who has ...

Document Size:	9690
Author:	Doug Henwood
Date:	Thu May 25 13:19:10 PDT 2000

34340 WB and IMF -- rank: 1000

J. Barkley Rosser, Jr wrote: > The answer here seems to be that the WB should >get back to its core function of funding specific development >projects and get away from its involvement with the IMF in >the structural adjustment programs. This has been proposed >and may well be adopted. Though one reason it got into the policy business was that project lending in the 1970s led to unsustainable debt levels which led to the debt crisis which led to...more loans, only this time ...

Document Size:	4853
Author:	Doug Henwood
Date:	Thu May 25 13:12:40 PDT 2000

34341 WB and IMF -- rank: 1000

J. Barkley Rosser, Jr wrote: > But, there is also a lot of support for infrastructure >rebuilding after disasters and in quite a few cases, >support for maintaining social safety nets. It does not >all look so bad to me. Borrowing money after a disaster, well I guess there are worse things than that. But borrowing to support a social safety net seems demented to me - kind of like what New York City was said to have done in the run-up to its mid-70s fiscal crisis (though Bob Fi ...

Document Size:	4903
Author:	Doug Henwood
Date:	Thu May 25 13:10:44 PDT 2000

34342 WB and IMF -- rank: 1000

J. Barkley Rosser, Jr wrote: > So, the issue really is world capitalism. Would >it make a difference if the WB did grants rather than >loans? Grants, hmm, well... There's something patronizing about grants, though they're probably better than loans (and Meltzer & Co. agree). Reparations would be nice! > Also, I note that the only countries that can seriously >talk about economic development, even within a socialist >mode, without exporting (much) are very big c ...

Document Size:	5520
Author:	Doug Henwood
Date:	Thu May 25 12:29:44 PDT 2000

34343 Run on the Bank -- rank: 1000

Michael Yates wrote: >Also, congratulations are in order for the sharp questions posed >to Summers. Doug did his duty as a left journalist. Thanks. I obsessed a bit about whether to go up to him - shyness and all that. But then I realized I'd hate myself if I didn't take the opportunity to disturb his peace just a bit. Sometimes when you see the powerful in action they're a bit humanized; not Summers. Even the way he ogles women gives lust a bad name. Doug

Document Size:	4801
Author:	Doug Henwood
Date:	Thu May 25 11:57:11 PDT 2000

34344 China -- rank: 1000

Michael Hoover wrote: > > Well, PTNR passed. What next? >> Doug > >Read Zizek... Michael Hoover Someday I'll figure out what psychological role SZ plays for some people. In the meanwhile, atriple treat for all you fans out there - about to hit the stores from Verso: Contingency, Hegemony, Universality: Contemporary Dialogues on the Left, by the power trio Judith Butler, Ernesto Laclau, and Slavoj Zizek. Here's the intro... Doug ---- Introduction The three of us conferred ...

Document Size:	13186
Author:	Doug Henwood
Date:	Thu May 25 11:38:03 PDT 2000

34345 UAW -- rank: 1000

Anyone know how to get in touch with the UAW local that's striking against the Museum of Modern Art? Doug

Document Size:	4393
Author:	Doug Henwood
Date:	Thu May 25 11:41:58 PDT 2000

34346 China -- rank: 1000

Brad De Long wrote: >Yeah. But I remember the meeting at which Berkeley Provost Carol >Christ said that she thought it was *unfair* to charge Berkeley Law >and Business School students more tuition than Arts and Sciences >graduate students because then they had no post-school option other >than to go to work for the corporate sector. > >I nearly fell out of my chair. > >Pleas that income-contingent loans were even fairer fell on deaf ears... No inequities there that a ...

Document Size:	4887
Author:	Doug Henwood
Date:	Thu May 25 11:40:38 PDT 2000

34347 WB and IMF -- rank: 1000

Brad De Long wrote: >...and the second best by Lant Pritchett... Who was among the most vocal celebrants of Stiggy's departure. And the author of Summers' "toxic waste" memo. If he's one of the good guys, I'm afraid to hear about the bad guys. Doug

Document Size:	4534
Author:	Doug Henwood
Date:	Thu May 25 11:16:39 PDT 2000

34348 Cooper on SUVs -- rank: 1000

Jordan Hayes wrote: >I think that's true. But I don't think it's the perceptions that >are screwed up, it's just that people who are at the $100k/year >level typically are trying to live a $150k/year lifestyle, so they >have a crushing mortgage and have given themselves goals that are >slightly out of their reach and so they don't feel "wealthy" ... >and they aren't! Yes, they have a lifestyle that's unattainable >on $30k (at least for long :-), but no: they are ...

Document Size:	6010
Author:	Doug Henwood
Date:	Thu May 25 11:14:12 PDT 2000

34349 China -- rank: 1000

Brad De Long wrote: >Minimum wage? Unified child credit? Cheap AIDS drugs for Africa and >South Asia? Expanded foreign aid budget to fund technology transfer? >More student loan money? Screw the loans, free tuition! But otherwise, I'm with you (and tech xfr is one are where U.S. unions are very very bad). Much better to focus on a positive agenda than the eternal "No!" to trade deals. Doug

Document Size:	4655
Author:	Doug Henwood
Date:	Thu May 25 11:08:28 PDT 2000

34350 Social Security Econometric Help Needed -- rank: 1000

John K. Taber wrote: >And what validity is there in counting software as a "final >good"? Indeed, what does "intermediate good" mean? An intermediate good is one used in production. GDP counts only final sales. For example, a washing machine enters the GDP accounts at its final retail sales price; the steel, motor, lights, etc., used to make it don't appear separately; their value is incorporated in the retail sales price. The machinery used to make the washer, however, ...

Document Size:	5490
Author:	Doug Henwood
Date:	Thu May 25 09:55:00 PDT 2000