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34951 Soaring US budget surplus -- rank: 1000

Chris Burford wrote: >I gather that the trend for the US government to run a budget >surplus is so strong that it may be possible to pay off the national >debt by 2012. > >I understand the USA is still running a substantial trade deficit. > >Could someone spell out if there is any relation at all between a >budget surplus in the accounts of a national government and, on the >other hand, a trade deficit. Evidently there isn't. Doug

Document Size:	4963
Author:	Doug Henwood
Date:	Wed Jun 28 11:28:15 PDT 2000

34952 Univer$ity of Phoenix -- rank: 1000

jason rice wrote: >who charge "inefficiency" and to generate state revenue to appear >"profitable". I will be writing an article about this topic in a >magazine a friend is publishing on campus next semester, can anyone >point me to some resources concerning states systems and/or similar >trends going on elsewhere? University Business <http://www.universitybusiness.com/>, published by Lingua Franca, is worth a look. Doug

Document Size:	4916
Author:	Doug Henwood
Date:	Wed Jun 28 11:30:08 PDT 2000

34953 unemployment: how low is too low? -- rank: 1000

Wall Street Journal - June 28, 2000 Economists' Report Says Jobless Rate Of 4.5% Is Ideal to Avoid Inflation By YOCHI J. DREAZEN Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- A new study by three respected economists is fueling debate inside the Federal Reserve while bringing to a head an academic argument that has been brewing for five years. The subject: How low can unemployment go without triggering inflation? Some members of the Federal Reserve's Federal Open Market Committee, whic ...

Document Size:	12075
Author:	Doug Henwood
Date:	Wed Jun 28 10:42:01 PDT 2000

34954 religion, US vs UK -- rank: 1000

Jim heartfield wrote: >This is the original home of agnosticism, and more than a few CofE >theologians will happily tell you that they do not believe in God, other >than as a metaphor for man's wonder. A friend of mine who spent some time in an Episcopal seminary said pretty much the same thing of the faculty there, and at most other such places. Doug

Document Size:	4737
Author:	Doug Henwood
Date:	Tue Jun 27 14:26:49 PDT 2000

34955 Nader -- rank: 1000

Alex LoCascio wrote: >Yup, but a lot of anarchoids seem to cavalierly throw the term around. > >To be fair, a lot of Trotskyists are also prone to denouncing each other as >"petit-bourgeois." I'm not a Trot, nor do I play one on TV, but I use the term petit bourgeois. I think it's very useful. Ralph Nader is p-b. The International Forum on Globalization is p-b. Objectively speaking, I'm p-b. Doug

Document Size:	4757
Author:	Doug Henwood
Date:	Tue Jun 27 14:10:20 PDT 2000

34956 Nader -- rank: 1000

Alex LoCascio wrote: >Besides, "bourgeois" isn't an insult, except to the more infantile sectors >of the left community. Isn't it bohemians, often rebel offspring of the bourgeoisie, to whom "bourgeois" is an insult? Doug

Document Size:	4477
Author:	Doug Henwood
Date:	Tue Jun 27 12:27:20 PDT 2000

34957 [PEN-L:20748] Crappy Organizers -- rank: 1000

Charles Brown wrote: >CB: Excuse the immodesty, but we just organized the hell out of the >BRC Organizing Conference in Detroit. What happened? Do tell more. Doug

Document Size:	4632
Author:	Doug Henwood
Date:	Tue Jun 27 12:25:34 PDT 2000

34958 RES: Korea's blessing -- rank: 1000

Seth Ackerman wrote: >Doug Henwood wrote: > >> And of course there was the snotty Economist cover, with a picture of >> Kim waving to the world, with the headline "Greetings, Earthlings." >> > That was pretty funny, though. Yes, it was. Their photo captions are often hilarious, though nasty. > I wish that kind of humor could be >found on the covers of magazines with better politics. Years ago, at an URPE summer camp, Alex Cockburn picked up a copy of ...

Document Size:	5622
Author:	Doug Henwood
Date:	Tue Jun 27 11:36:31 PDT 2000

34959 Nader -- rank: 1000

Brad De Long wrote: >Then how come I'm not on it? What's the use of making deals with the >devil if he doesn't deliver? Hmm, Harvard PhD, Berkeley professor, stint in Clinton administration, co-editor of prestigious economics journal. Perhaps not central committee yet, but in a few years.... Doug

Document Size:	4535
Author:	Doug Henwood
Date:	Tue Jun 27 11:19:21 PDT 2000

34960 Fwd: Fishing with Fidel -- rank: 1000

Carrol Cox wrote: >There is obviously a deep generalized unconscious human need to bite >one's fingernails, only it is repressed in those who don't bite >their fingernails >and instead is expressed by a tendency to curl one's toes while thinking. > >Who can say nay to this? > >And those who do not bite their fingernails but deny curling their toes >while thinking are obviously in deep denial. This is almost too silly to respond to, but I can't resist. Carrol, do you kn ...

Document Size:	5419
Author:	Doug Henwood
Date:	Tue Jun 27 11:24:49 PDT 2000

34961 Monetary policy -- rank: 1000

Marta Russell wrote: >This has probably been discussed before - >but were the signs of inflation that prompted Greenspan to slow the growth >of the economy at levels comparable to times in the past when he raised >interest rates? There are very few explicit signs of inflation right now. The NYT article you cited <http://www.nytimes.com/library/financial/fed/062700fed-interest.html> is unusually frank about the real issue: >And even if the economy is cooling, the Fed will hav ...

Document Size:	30380
Author:	Doug Henwood
Date:	Tue Jun 27 11:00:30 PDT 2000

34962 RES: Korea's blessing -- rank: 1000

JKSCHW at aol.com wrote: >Apropos of nothing in particular, the Guardian Weekly had an article >on the younger Kim, in the context of recent negotiations, calling >him "rational" and "charming,' which is news to me, but what I know >except what I read in the papers. And of course there was the snotty Economist cover, with a picture of Kim waving to the world, with the headline "Greetings, Earthlings." Doug

Document Size:	4915
Author:	Doug Henwood
Date:	Tue Jun 27 11:04:01 PDT 2000

34963 Fwd: [fc.network] FC Daily for Tuesday, June 27, 2000 -- rank: 1000

Date: 27 Jun 2000 10:12:09 -0000 From: "The FC Network" <fc.network-owner at listbot.com> The FC Network - http://www.fuckedcompany.com Hey, 43 point-earning fucks today -- I shit you not. I am also proud to announce that FC has published what just might be the best fuck ever. Stop me if you've heard it already -- this one spread fast -- but if you haven't, check it out: The founder and CEO of Pixelon, a funded-to-the-fucking-neck video streaming company, and my new personal her ...

Document Size:	5997
Author:	Doug Henwood
Date:	Tue Jun 27 10:32:57 PDT 2000

34964 Wolfie on Stiggy -- rank: 1000

Financial Times - June 26, 2000 British academic faces stern test at World Bank The World Bank has hardly been a haven of sweetness and light in recent years. But Nick Stern, the British academic who takes over as its new chief economist in a couple of weeks' time, must be wondering what he let himself in for. On Monday, at the bank's annual development economics jamboree in Paris, bank president James Wolfensohn was in feisty mood. Fresh from a dispute with his own board over whether the bank s ...

Document Size:	5886
Author:	Doug Henwood
Date:	Tue Jun 27 10:23:30 PDT 2000

34965 Nader -- rank: 1000

Michael Pollak wrote: >BTW, does anyone know much about the Green candidate for Senate in New >York? Isn't Al "Grandpa" Lewis running? Doug

Document Size:	4384
Author:	Doug Henwood
Date:	Tue Jun 27 10:00:22 PDT 2000