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35416 Why Decry the Wealth Gap? -- rank: 1000

Nathan Newman wrote: >I understand the analytical point but the same argument goes for the fact >that older people usually make more than younger people, so even when >inequality is increasing, people poor at an earlier snapshot in time will >often on average be better off later - despite increasing inequality. (I >believe there have been a few studies to this effect, often misused by the >Rightwing to argue that everyone therefore has benefitted from growth.) True, a "you ...

Document Size:	5266
Author:	Doug Henwood
Date:	Tue Jan 25 08:11:28 PST 2000

35417 Why Decry the Wealth Gap? -- rank: 1000

michael at ecst.csuchico.edu wrote: >I have a hypothetical question, relating to some of Brad's comments on >China as well as this discussion. Suppose that a society had an equal >distribution of income. Real GDP per capital could increase X% by >throwing Y% into poverty. Much of the debate about globalization, the new >economy, .... seems to reflect thinking about this question. Eh? How could you throw Y% into poverty if you have an equal distribution of income? You mean per c ...

Document Size:	5165
Author:	Doug Henwood
Date:	Tue Jan 25 08:01:47 PST 2000

35418 Medicare fraud -- rank: 1000

M.Blackmore wrote: >How long before the American people realise that theirs is simply not a >civilised nation, but a collection of competing barbarities? Oh no, this is a shining city on the hill, a beacon unto the world, God's earthly instrument. And, as Bill Clinton says, what's wrong with America can be cured by what's right with America. We do not have time for naysayers, doubters, and carpers! Doug

Document Size:	4719
Author:	Doug Henwood
Date:	Tue Jan 25 07:46:41 PST 2000

35419 OECD on MNCs -- rank: 1000

[from the OECD's "What's New" service] OECD has issued a draft text of a New Version of the OECD Guidelines for Multinational Enterprises and is making it available for public comment: http://www.oecd.org/news_and_events/release/nw00-04a.htm

Document Size:	4614
Author:	Doug Henwood
Date:	Tue Jan 25 07:08:30 PST 2000

35420 capital flowing to Asia, LatAm -- rank: 1000

[such long memories in the capital markets!] Dow Jones - January 25, 2000 Capital Flows to Emerging Markets To Rise 30% as Confidence Rises By ALAN YONAN JR. Dow Jones Newswires WASHINGTON -- Private investors are expected to boost capital flows to emerging markets by about 30% this year as confidence in Asia and Latin America strengthens, the Institute of International Finance said. The IIF predicted that net private capital flows to emerging markets would rise to about $190 billion after hover ...

Document Size:	7556
Author:	Doug Henwood
Date:	Tue Jan 25 07:04:42 PST 2000

35421 Why Decry the Wealth Gap? -- rank: 1000

kayak3 wrote: >I'm going to record an interview with Cox in > > about 10 days for later radio broadcast; it's going to be fun to give him a > > hard time. > >Not living in broadcast range it would be be nice to have access to the >transcripts if it is possible. Believe it or not, the crack WBAI engineering staff screwed up the taping, so the interview was unplayable. By the way, the income mobility stuff from the 1995 Dallas Fed report was incorporated without any chang ...

Document Size:	5147
Author:	Doug Henwood
Date:	Tue Jan 25 06:56:40 PST 2000

35422 uncanny parallels, revisited -- rank: 1000

Brad De Long wrote: >We think that the dismantling of the communes in th elate 1970s was >followed by a near-doubling of peasant standards of living in China... Who's "we"? Doug

Document Size:	4631
Author:	Doug Henwood
Date:	Mon Jan 24 23:05:41 PST 2000

35423 Why Decry the Wealth Gap? -- rank: 1000

Brett Knowlton wrote, quoting Cox & Alm: > > Another non-nefarious cause of increasing income disparity may be > > our ever-higher immigration rates. Immigrants tend to cluster in > > low- and high-income groups. Thus it is no surprise that in the > > seven most unequal states -- New York, Arizona, New Mexico, > > Louisiana, California, Rhode Island and Texas -- about 13 percent > > of the population is foreign-born (in Califo ...

Document Size:	7776
Author:	Doug Henwood
Date:	Mon Jan 24 21:46:22 PST 2000

35424 Why Decry the Wealth Gap? -- rank: 1000

Stephen E Philion quotes Michael Cox and Richard Alm: > A 17-year study of lifetime earnings by the Federal Reserve Bank of > Dallas found that only 5 percent of people in the economy's lowest > 20 percent failed to move to a higher income group. In a similar > study by the Treasury Department covering 1979 to 1988, 86 percent > of Americans in the bottom fifth of income earners improved their > status. I'm a bit embarrassed to find myself quoting m ...

Document Size:	8018
Author:	Doug Henwood
Date:	Mon Jan 24 16:21:31 PST 2000

35425 weird rightwing stuff -- rank: 1000

[bounced bec of a taboo word] Date: Mon, 24 Jan 2000 14:38:37 -0800 From: Michael Pugliese <debsian at pacbell.net> Chip writes: ...>The warnings of a "Zionist Occupational Government" popularized in the 1970s and 1980s by the Posse Comitatus, Christian Identity, Aryan Nations, and other Christian Patriot groups are the heirs to this premise. For those with too much time on their hands and/or a fascination with the far right I "recommend" tuning in via your Real Audi ...

Document Size:	26047
Author:	Doug Henwood
Date:	Mon Jan 24 15:06:40 PST 2000

35426 Nation obit for VIL -- rank: 1000

[The Nation just posted this to its website <http://www.thenation.com/print/lenin>.] The Nation - February 6, 1924 V.I. Lenin dies on January 21, 1924. On February 6, this Nation editorial reflects on his life and looks forward to his legacy. Lenin Lenin is dead. A half million people are marching past his red-draped bier in Moscow, and all over the world men are mourning or exulting. What was the secret of his might? It is hard to analyze. No man of position in the world ever felt his pow ...

Document Size:	11935
Author:	Doug Henwood
Date:	Mon Jan 24 15:04:58 PST 2000

35427 Rudy, safety patrol dude -- rank: 1000

[from City Limits Weekly - to sign up, email Kat McGowan <mcgowan at citylimits.org>] HOW WE'LL REMEMBER RUDY City Limits Weekly readers were given an opportunity last week to choose the phrase from the mayor's State of the City address that best defined his legacy. Just like Hizzoner, the answer came in loud and clear. The winner: "You feel like a real big shot...This badge may have been the reason I like cops so much." --Mayor Rudolph Giuliani discussing his days in the schoo ...

Document Size:	4969
Author:	Doug Henwood
Date:	Mon Jan 24 14:27:07 PST 2000

35428 Fwd: Three Gorges Dam Hit by 600 Million-Dollar Graft Scam -- rank: 1000

[from the International Rivers Network] Date: Mon, 24 Jan 2000 13:06:55 -0800 (PST) From: owner-irn-three-gorges at netvista.net Subject: Three Gorges Dam Hit by 600 Million-Dollar Graft Scam Three Gorges Dam Hit By 600 Million-Dollar Graft Scam BEIJING, Jan 21, 2000 -- (Agence France Presse) Corrupt officials have embezzled five billion yuan (600 million dollars) set aside to relocate people out of the path of China's Three Gorges Dam project, state media reported Friday. "Five billion yua ...

Document Size:	6676
Author:	Doug Henwood
Date:	Mon Jan 24 13:42:15 PST 2000

35429 stocks boosted by stocks -- rank: 1000

Rob Schaap wrote: >Waddyareckon? It will fluctuate. Just ask Paul Krugman! Doug

Document Size:	4473
Author:	Doug Henwood
Date:	Mon Jan 24 13:19:18 PST 2000

35430 ZIG/ZOG -- rank: 1000

Chip Berlet wrote: >In 1962 the antisemitic four-page semi-monthly newspaper Common >Sense published by Conde McGinley hit a circulation high of 90,000 >with its message of the "Zionist Invisible Government" plotting to >establish a "World Government" under a "Red Dictatorship" led by >"Asiatic Marxist Jews," a racialized version of the Khazar myth. The >warnings of a "Zionist Occupational Government" popularized in the >1970 ...

Document Size:	5245
Author:	Doug Henwood
Date:	Mon Jan 24 12:58:11 PST 2000