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38476 Galbraith/Banks -- rank: 1000

DANIEL.DAVIES at flemings.com wrote: >By the way, I thought that the Feds were wholly, not partly, owned by the >banks? The regional Feds are owned by their member banks, who name 2/3 of the board members of each branch; the Board in Washington is a government agency. Point of internet protocol: notice that all the regional Feds are in the .org domain, not .gov. The Board uses the .us suffix, ducking the issue, though their email addresses do have the .gov suffix. Doug

Document Size:	4924
Author:	Doug Henwood
Date:	Tue Jun 29 11:34:14 PDT 1999

38477 Operacija Potkovica claimed systematic -- rank: 1000

Seth Ackerman wrote: >I recently spoke with the State Department correspondent for Agence >France Presse. He told how on a plane trip with Madeleine Albright and >selected journalists in March, just before the bombing, a reporter kept >asking her to comment on what the Italians were saying. What, you might >ask, were the Italians saying? They were screaming and pleading with the >NATO leaders to consider the fact that bombing Serbia would create a >massive refugee crisis and ...

Document Size:	5467
Author:	Doug Henwood
Date:	Tue Jun 29 11:28:40 PDT 1999

38478 Green & brown -- rank: 1000

Ok, here's some background on the Green-neonazi connection I was tut-tut'ed for the other day. This is from an essay by Janet Biehl. It, and another essay by Peter Staudenmaier, can be gotten at <http://www.etext.org/Politics/Spunk/library/places/germany/sp001630/e cofasc.html>. Social Darwinist 'Ecology': Herbert Gruhl Bahro, let it be said, claims to look for the roots of the ecological crisis in the "sickness" in "white Nordic humanity." But the far right most often ...

Document Size:	17999
Author:	Doug Henwood
Date:	Tue Jun 29 09:24:20 PDT 1999

38479 Marxian vs. bourgeios categories [was Marx on Smith] -- rank: 1000

Rakesh Bhandari wrote: >In some ways, the big debate between Crotty/Henwood and Brenner can be read >as a profound entente, no? If one considers the policy implications that >follow from their causal theories of why the profit rate fell, leading to >stagnation and misery, The restoration of the profit rate has probably resulted in more misery than its fall. >it seems to me that Crotty justifies labor's >acceptance of great moderation in the wage struggle (something you have > ...

Document Size:	5956
Author:	Doug Henwood
Date:	Tue Jun 29 08:54:25 PDT 1999

38480 Marxian vs. bourgeios categories [was Marx on Smith] -- rank: 1000

Rakesh Bhandari wrote: >bility in the mfg sector even if unit labor costs rose there as >well. (Brenner's mark up theory of pricing has caused much consternation >since it seems to imply a market power theory of profit unhinged from the >actual surplus value pumped out in the production process--one would hope >that in the book version he clarifies his underlying theory of profit, >something to which Anwar Shaikh has already called attention. Brenner's book ms. has been sitting ...

Document Size:	5343
Author:	Doug Henwood
Date:	Tue Jun 29 08:50:15 PDT 1999

38481 Fed Up -- rank: 1000

Enrique Diaz-Alvarez wrote: >Yes, it is. Whoever said it should read the first couple of chapters of >Created Unequal, by Galbraith Jr. They make it clear that he understands >very well who the Fed works for. Then why did he forget all this in writing his Nation editorial? (It's not on their website; I scanned it and it's appended below.) No, let me refine that, he didn't forget it. He acknowledges whom the Fed works for only to act as if that didn't really matter. Why should such a sma ...

Document Size:	10564
Author:	Doug Henwood
Date:	Tue Jun 29 08:31:28 PDT 1999

38482 Bud -- rank: 1000

[This bounced because it had an attachment.] Date: Tue, 29 Jun 1999 07:59:28 -0400 From: Tom Lehman <uswa12 at Lorainccc.edu> For those of you who enjoy pr and spin here is how Budweiser is handling their Mexican bottle business. Tom Lehman From: Bud Central <BudCentral at Anheuser-Busch.com> To: "'uswa12 at lorainccc.edu'" <uswa12 at lorainccc.edu> Subject: RE: Bud Email 174-000043 Date: Mon, 28 Jun 1999 14:03:13 -0500 Thank you for taking the time to email Anheuser ...

Document Size:	8208
Author:	Doug Henwood
Date:	Tue Jun 29 06:50:35 PDT 1999

38483 Nixon and War on Poverty -- rank: 1000

Max B. Sawicky wrote: >Now I'm confused. I've learned here and on PEN-L that the liberals >and progressives are the real problem . . . No, Max, they're not *the real* problem, they're just a problem. Also depends on who's doing the talking. For some liberals and progressives, people who are critical of Bill Clinton are a problem, if you know what I mean. Doug

Document Size:	4786
Author:	Doug Henwood
Date:	Tue Jun 29 06:38:02 PDT 1999

38484 Marxian vs. bourgeios categories [was Marx on Smith] -- rank: 1000

JayHecht at aol.com wrote: >Well for one, the alledged "massive" productivity slowdown of 1973 is really >a load of bunk. Yes, productivity slowed somewhat, but not because of worker >stupidity (or too many women, blacks, etc). Why not worker indiscipline? The "productivity slowdown" rhetoric, like the "inflation" rhetoric, accompanied a variety of social disturbances of the 1960s and early 1970s - urban riots in the US, near-revolution in France and Italy ...

Document Size:	5478
Author:	Doug Henwood
Date:	Mon Jun 28 18:02:58 PDT 1999

38485 Zizek in Zeit -- rank: 1000

[Thanks to Anita Mage] http://www.ZEIT.de/tag/aktuell/199926.zizekii._.html Nr. 26/1999 Die Nato - die linke Hand Gottes? Über die Selbsttäuschung des Westens oder: Warum der Konflikt auf dem Balkan so bald kein Ende finden wird Von Slavoj Zizek Die Bombardierung Jugoslawiens durch die Nato ist vorbei. Es ist daher an der Zeit zu fragen, welche Bedeutung dieser Krieg hinsichtlich seiner ideologisch-politischen Folgen hat. Unlängst meinte Václav Havel in einem Essay (Das Kosovo und das Ende des N ...

Document Size:	14251
Author:	Doug Henwood
Date:	Mon Jun 28 10:26:32 PDT 1999

38486 tax cuts not popular -- rank: 1000

[from Gallup's weekly report] Tax Cuts Have a Generic Appeal, But Are Not Voters' Highest Priority Funding popular programs like education and retirement more important Republican leaders in the House are now developing a significant tax cut plan, which, according to press reports, will be unveiled in July and could entail as much as $778 billion dollars in tax savings over the next 10 years. The generic appeal of a tax cut is clear from a number of Gallup polls conducted over the last 20 years. ...

Document Size:	6779
Author:	Doug Henwood
Date:	Mon Jun 28 10:15:52 PDT 1999

38487 NYSE boss meets Colombian rebel -- rank: 1000

By the way, the Financial Times has a front-page pic of Grasso embracing FRAC's gun-toting Raul Reyes. Too bad it's not on their website, but it's worth a look. One of the best FT front-page photos since the great Peruvian bank nationalization shot of 1987, with bankers running away in panic from tanks. Doug

Document Size:	4752
Author:	Doug Henwood
Date:	Mon Jun 28 09:13:03 PDT 1999

38488 Pacifica hires armed guards -- rank: 1000

Wojtek Sokolowski wrote: >However, the question that puzzles me is how can that liberal shit in the >Pacifica foundation do their fifth-column work legally? After all, the >foundation is NOT thier private property, and there are laws on the book >that curb executive excesses is the stockholders decide to act. hence my >questions: 1. who are the "stockholders" of the Pacifica foundation? - in >other words, whose vote can bring the exec and the board down? or is it ...

Document Size:	6272
Author:	Doug Henwood
Date:	Mon Jun 28 08:48:58 PDT 1999

38489 Fwd: Re: class struggle -- rank: 1000

William S. Lear wrote: >On Saturday, June 26, 1999 at 23:13:08 (-0400) Doug Henwood writes: > >[I asked Jamie Galbraith about his Nation edit, and here's his > >response. He ok'd forwarding this. - Doug] > > > >From: "James K. Galbraith" <Galbraith at mail.utexas.edu> > >Subject: Re: class struggle > >... > > .... The game is really about reducing credit > >access at the low end; bankers do not like ma ...

Document Size:	5657
Author:	Doug Henwood
Date:	Mon Jun 28 08:23:01 PDT 1999

38490 how do you get people to commit Was: Americans' concerns -- rank: 1000

Carrol Cox wrote: >He fortunately had never read Adorno or been on a maillist >with nothing better to do than ask foolish questions. For guys who consider themselves Marxists, you & Lou Proyect sure bash intellectuals a lot. Last I checked, Marxism differentiated itself from many other kinds of left politics in giving a lot of weight to the importance of thought and analysis - the kind of "foolish" pursuits that "activists" and "populists" like to dismiss ...

Document Size:	5306
Author:	Doug Henwood
Date:	Mon Jun 28 08:04:52 PDT 1999