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37711 Glass-Steagall -- rank: 1000

Patrick Bond wrote: >On 6 Nov 99, at 20:41, Doug Henwood wrote: > >Look, I think it's time that folks on the American left, such as it > >is, rethought their relationship to the inherited wisdom of populism, > >one of whose sacred tenets is that a fragmented financial system is a > >beautiful thing. This is supposed to encourage dispersion of > >ownership and power. Has it? > >Doug, surely the counterfactual - what would have happened >without Glass ...

Document Size:	7234
Author:	Doug Henwood
Date:	Sun Nov 7 08:20:56 PST 1999

37712 Fwd: Re: Glass-Steagall -- rank: 1000

[this was addressed to listowner rather than the list] From: "Patrick Bond" <pbond at wn.apc.org> To: Doug Henwood <dhenwood at panix.com>, owner-lbo-talk at lists.panix.com Date: Sun, 7 Nov 1999 06:35:56 +0200 MIME-Version: 1.0 Subject: Re: Glass-Steagall Reply-To: pbond at wn.apc.org Priority: normal On 6 Nov 99, at 20:41, Doug Henwood wrote: >Look, I think it's time that folks on the American left, such as it >is, rethought their relationship to the inherited wisdo ...

Document Size:	7575
Author:	Doug Henwood
Date:	Sun Nov 7 07:56:06 PST 1999

37713 Double Bubble Trouble -- rank: 1000

Rob Schaap wrote: >And does it matter that MS cops an adverse judgement e coupla days after it >gains entry to the Dow Jones? I mean, big waddage like MS, if it takes a >stock-hit in the morning, would affect the Dow meaningfully, no? The Dow is computed by adding up the prices of its 30 components and dividing by a divisor that DJ publishes, and which changes with changes in the components to maintain comparability over time. That divisor is now 0.19740463, so every one point change i ...

Document Size:	5185
Author:	Doug Henwood
Date:	Sun Nov 7 06:46:23 PST 1999

37714 France presses for independence from US -- rank: 1000

[Is there anything to this, or is it just posturing?] New York Times - November 7, 1999 FRANCE PRESSES FOR A POWER INDEPENDENT OF THE U.S. By Craig R. Whitney PARIS -- In a Europe that is increasingly concerned about unilateralism and resurgent isolationism in the United States, France seized the moment last week to urge the European allies to develop a more independent defense and foreign policy. President Jacques Chirac, speaking Thursday at an international conference, warned that a world wit ...

Document Size:	9533
Author:	Doug Henwood
Date:	Sun Nov 7 05:53:53 PST 1999

37715 Glass-Steagall -- rank: 1000

[bounced for an address conflict] Date: Sat, 6 Nov 1999 12:56:24 -0600 From: t-frank-3 at alumni.uchicago.edu (T. C. Frank) I think it was Doug who wrote, in regards to the recent repeal of Glass Steagall: >Look, I think it's time that folks on the American left, such as it >is, rethought their relationship to the inherited wisdom of populism, >one of whose sacred tenets is that a fragmented financial system is a >beautiful thing. This is supposed to encourage dispersion of >owner ...

Document Size:	9077
Author:	Doug Henwood
Date:	Sat Nov 6 17:41:59 PST 1999

37716 glass steagall -- rank: 1000

Max Sawicky wrote: >Zippo, and I don't mean the lighter. > >mbs > > >----- Original Message ----- >From: Tom Lehman <TLEHMAN at lor.net> >To: <lbo-talk at lists.panix.com> >Sent: Saturday, November 06, 1999 11:03 AM >Subject: Re: glass steagall > > > > Here's a question I have to ask, what did organized labor gain out of the > > demise of Glass Stegal? Any leverage? Any logs rolled in our favor? A > > couple of dog catcher j ...

Document Size:	5525
Author:	Doug Henwood
Date:	Sat Nov 6 09:28:20 PST 1999

37717 Retrofitting "Henwood before Butler" -- rank: 1000

Rob Schaap wrote: >The workers get told they no longer exist I read this sort of thing and always wonder - do you really think that workers in First World countries don't think of themselves as proletarians because a bunch of French eggheads told them so? Isn't there anything in people's daily experiences - what they see, hear, feel, do - that shapes their understanding of themselves? Is Derrida really more influential than Nike's ad agencies? Doug

Document Size:	5045
Author:	Doug Henwood
Date:	Sat Nov 6 08:00:21 PST 1999

37718 Despair & Utopia (was Re: "Post-Modernism") -- rank: 1000

Yoshie Furuhashi wrote: >The basic theme of late modernist culture is impossibility (of society, >knowledge, revolution, etc.), a theme in keeping with the age of the >retreat of the Left. So is this a false perception, a failure of will? Or are there real reasons to feel the impossibility of it all? Doug

Document Size:	4976
Author:	Doug Henwood
Date:	Sat Nov 6 07:46:25 PST 1999

37719 Moore worries about WTO -- rank: 1000

New York Times - November 6, 1999 World Trade Group's Leader Says Discord Threatens Talks By ELIZABETH OLSON GENEVA -- Frustrated by the World Trade Organization's apparent inability to agree on an agenda for its meeting barely three weeks away, the leader of the group has warned the 134 member countries that the meeting could end in failure. In a surprisingly blunt letter released today by the office of Mike Moore, director general of the organization, Moore said the preparations for the meetin ...

Document Size:	7661
Author:	Doug Henwood
Date:	Sat Nov 6 07:19:24 PST 1999

37720 MSFT -- rank: 1000

So how are all the Linux-heads reacting to the Microsoft decision (same day as Cobalt's mega-IPO, too)? If the Big Other takes a hit, does Linux lose some of its appeal? Doug

Document Size:	4446
Author:	Doug Henwood
Date:	Sat Nov 6 07:13:29 PST 1999

37721 New Jersey -- rank: 1000

/ dave / wrote: >What's the dirt on John Corzine? Jon, actually. Very rich, as any Goldman Sachs co-chief would be; claims to be very liberal. I was actually thinking of trying to snag him for a radio interview. Doug

Document Size:	4516
Author:	Doug Henwood
Date:	Fri Nov 5 16:33:46 PST 1999

37722 glass steagall -- rank: 1000

Dennis Breslin wrote: >I don't know about beautiful, but I don't quite understand your point. >Was glass steagal ever about dispersing power as opposed to risk or >about reducing social inequality? It emerges from a traditional preference for dispersion - institutional and geographical barriers to combination. It relates to lots of classic populist beliefs about localism, and even the "fetish of the grassroots" that came up here recently. >I assume eliminating the glass ste ...

Document Size:	5303
Author:	Doug Henwood
Date:	Fri Nov 5 15:40:38 PST 1999

37723 "Post-Modernism" -- rank: 1000

Sam Pawlett wrote: >guilty parties Who are the magistrates, applying which and whose laws? Doug

Document Size:	4553
Author:	Doug Henwood
Date:	Fri Nov 5 13:38:38 PST 1999

37724 glass steagall -- rank: 1000

Carl Remick wrote: >Yes, but that begs the question. Since there is no chance >whatsoever that oversight of financial capital will be tightened in >the current political climate, why recreate the seamless web of >institutionalized chicanery that existed in the 1920s? Look, I think it's time that folks on the American left, such as it is, rethought their relationship to the inherited wisdom of populism, one of whose sacred tenets is that a fragmented financial system is a beautiful t ...

Document Size:	5262
Author:	Doug Henwood
Date:	Fri Nov 5 11:57:21 PST 1999

37725 glass steagall -- rank: 1000

Max Sawicky wrote: > The S&L bailout was a foretaste of >what we could be in for after Glass-Steagall. Because the S&Ls were allowed, unsupervised, to do business in areas about which they knew nothing. I said it's how they're regulated that matters. Doug

Document Size:	4584
Author:	Doug Henwood
Date:	Fri Nov 5 11:33:48 PST 1999