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39076 Solomon,Smith,Barney -- rank: 1000

Henry C.K. Liu wrote: >A SSB trader told me that the instruction from Weil was to keep as much funds >in the firm for as long as possible before having to return it to clients or >the market. According the Weil, that is the sercret of financail success >for a >financial institution. Doug, want to build a new economic theory around a >street smart notion? But that's theoretically impossible! Everyone knows they're just intermediaries!! Doug

Document Size:	4861
Author:	Doug Henwood
Date:	Fri Jan 15 11:37:13 PST 1999

39077 The anthropic principle & Rakesh -- rank: 1000

Carl Remick wrote: >This can be argued either way. The fact that Marxism is rooted in >materialism would seem to indicate that it is a sharp departure from >Judaism, Christianity and Islam. On the other hand, there is much about >Marx himself that falls squarely within the Abrahamic prophetic >tradition. I believe there was an Episcopal bishop who argued that line >of thought during the 1920s and was ex-communicated. At the Marxist Literary Group's conference this past June, ...

Document Size:	5438
Author:	Doug Henwood
Date:	Fri Jan 15 11:25:08 PST 1999

39078 net madness, part 458 -- rank: 1000

Headline of the week, from TheStreet.com: >Brazil's Woes No Threat to Internet MarketWatch.com went public about two hours ago at a price of 17; last trade, 106, off the high of 130, when the stock was about 40 minutes old. See <http://quote.yahoo.com/q?s=MKTW&d=1b> for the latest. This is truly nuts. Doug

Document Size:	4737
Author:	Doug Henwood
Date:	Fri Jan 15 11:19:59 PST 1999

39079 Jesse Jackson & the Big Cigars -- rank: 1000

Rkmickey at aol.com wrote: >I noticed the following article in today's Wall St. Journal. >Has anyone been following Jesse Jackson's efforts to break into the ranks of >the big cigars on Wall St.? Is there any other group which analyses the >foreign investment policies of US-based capital as based on "snobbish >elitism"? Is Jesse Jackson going toward Pat Buchanan? Anthony Arnove did a story on Jackson's Wall Street project in LBO #83. This is classic Jackson. Doug

Document Size:	5099
Author:	Doug Henwood
Date:	Fri Jan 15 11:06:52 PST 1999

39080 Solomon,Smith,Barney -- rank: 1000

Tom Lehman wrote: >Anyone caught the Solomon,Smith, Barney TV ad in which one of the takes >suggests "futures" in professional athletes? What's next futures in >race horses? How about a future on who wins the Super Bowl? Why not? Doesn't classical market theory suggest that problems with markets can be solved by creating new ones? That the only problem with the market system is its incompleteness? If we could sell a future against the possibility of heartburn after my Vietnam ...

Document Size:	5461
Author:	Doug Henwood
Date:	Fri Jan 15 10:57:33 PST 1999

39081 health/social issue polls -- rank: 1000

[This got caught by the spam filter, but it could be interesting.] Date: Thu, 14 Jan 1999 15:11:11 -0500 To: lbo-talk at lists.panix.com From: Kff hosting account <kff at superfly.onlinemagic.net> (by way of pms <laflame at mindspring.com>) Subject: What's New on the Kaiser Family Foundation Web site Mime-Version: 1.0 Content-Type: text/plain; charset="us-ascii" Dear Interested Party: Health issues rank high on the voters' list of top priorities for the new Congress, accord ...

Document Size:	6728
Author:	Doug Henwood
Date:	Thu Jan 14 14:53:56 PST 1999

39082 Query re: Local Layoffs -- rank: 1000

eskwire wrote: >When companies have "bad quarters", are there >alternatives to sticking it to lowest workers? Can stock-holders >or hi/lo management eat some of loss too? When a company says, >we must fire you because of "the stock-holders" ---- do >companies have actual contractual agreements to keep >profits at a certain level? With whom? If so, what are the >additional consequences for a "bad quarter"? Last night, Eastman Kodak announced to ...

Document Size:	5688
Author:	Doug Henwood
Date:	Thu Jan 14 09:23:43 PST 1999

39083 The Virtual Senate and Brazil -- rank: 1000

Brad De Long wrote: >try to encourage inflows of foreign direct investment--for inflows of >foreign direct investment are one of the best ways to transfer technology >from the industrial core to the periphery, and the technology gap between >the industrial core and the periphery is now wider than it has ever been >before. ...as FDI flows have increased. What evidence is there for real tech xfr through FDI? Korea was very restrictive about investment inflows, and developed consider ...

Document Size:	5252
Author:	Doug Henwood
Date:	Thu Jan 14 09:10:48 PST 1999

39084 Economy and Inebriation -- rank: 1000

Marta Russell wrote: >A while back there was a discussion about social causes of alcoholism. >Alec, I think you raised the question. There is an article in the LA >Times this morning, "Economy, Inebriation Linked in Mongolia" >(Associated Press), making a direct link between increased use of >alcohol in Mongolia and the transition from communism to capitalism. >It's terribly sad what is happening there, poverty and unemployment have >soared. > > I don't have ...

Document Size:	10146
Author:	Doug Henwood
Date:	Thu Jan 14 09:03:06 PST 1999

39085 some stuff -- rank: 1000

rc&am wrote: >http://www.culture.com.au/scan/boomalli/blakkweer/essay.html > >http://members.aol.com/Slantgirl/index.html > >http://members.aol.com/Slantgirl/experiment.html > >http://www.leeds.ac.uk/ics/theory-r.htm ...and this link from one of Slantgirl's pages: <http://www.redpets.com/GLAMmanifesto/GLAM_Manifesto.html>. Doug

Document Size:	5022
Author:	Doug Henwood
Date:	Thu Jan 14 08:51:13 PST 1999

39086 why Ivan(a) doesn't rebel -- rank: 1000

Russia: Analysis From Washington -- Why Don't Russians Rebel? By Paul Goble Washington, 13 January 1999 (RFE/RL) -- Russia's enormous economic and political difficulties over the past several years have prompted many there and elsewhere to ask -- why don't more Russians go on strike or engage in political demonstrations? A new U.S. Information Agency report, "Who Protests in Russia," both reports how few Russians have taken part in such protests and provides at least part of the answer ...

Document Size:	9366
Author:	Doug Henwood
Date:	Thu Jan 14 07:39:52 PST 1999

39087 Malcom and Judy -- rank: 1000

kirk wrote: >Doug: > >I agree that the "stop signs and dog shit" approach has its limits, if there >is no braoder vision. But it may have prevented an 80's invasion of Central >America. It may have saved countless lives in terms of drinking water >contamination. It may have kept some semblance of education in some school >districts. Probably the most unsung lefty efforts come from those few in >rural and suburban areas that are inspired by their church belie ...

Document Size:	5912
Author:	Doug Henwood
Date:	Thu Jan 14 07:29:00 PST 1999

39088 Rakesh sez... -- rank: 1000

Rakesh says he needs a break & unsub'd for a while. He asked me to send this: >I am sorry about the typos. The Mattick family did NOT have the income to >sponsor the Strasser tour. >Rakesh Doug

Document Size:	4546
Author:	Doug Henwood
Date:	Thu Jan 14 06:12:27 PST 1999

39089 Tom Metzger -- rank: 1000

James Farmelant wrote: >As I understand it doesn't neo-Nazi, Thomas Metzger take a >quasi-socialist line? If it wasn't for the fact that whenever >he refers to the working class, he always specifies the >"white working class," you could almost mistake him >for a Marxist. Yes, he takes an explicitly anticapitalist line sometimes, amidst his ravings about LA becoming a Turd World city. I used to call his WAR Update hotline every now & then; its number was 760-723-899 ...

Document Size:	4909
Author:	Doug Henwood
Date:	Wed Jan 13 14:06:57 PST 1999

39090 Meltdown-First Wave -- rank: 1000

Enrique Diaz-Alvarez wrote: >Intel made $6 billion in profits last year. It spent $6.7 billion buying >back stock, so that it actually has less cash than it did a year ago. >Dell, one of the most profitable companies in America, actually borrows >money every year to buy back stock. In effect, the management is looting >their companies to keep up the ridiculous stock prices. And these are >two real companies with real businesses that make real money. I shudder >to think what' ...

Document Size:	5365
Author:	Doug Henwood
Date:	Wed Jan 13 12:10:52 PST 1999