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39391 China defaults -- rank: 1000

[Henry, anyone - how serious is this?] Wall Street Journal - February 1, 1999 MORE GUANGDONG FIRMS DEFAULT ON BOND PAYMENTS By Craig S. Smith And Karby Leggett Staff Reporters of the Wall Street Journal GUANGZHOU, China -- At least six state-owned companies in southern China's Guangdong province have defaulted on domestic bond issues, extending the recent string of defaults that have burned foreign bankers and international bondholders. While the total amount of debt involved -- apparently less ...

Document Size:	9487
Author:	Doug Henwood
Date:	Mon Feb 1 10:24:35 PST 1999

39392 inequality site -- rank: 1000

[These aren't the clearest, most self-explanatory of graphics, but still.... URL in last line.] The University of Texas Inequality Project is a small research group comprised predominantly of Ph.D. students at the LBJ School, with representation from the Government Department and GSLIS as well as continuing participation from several LBJ graduates and outside faculty. Our mission is to measure changes in industrial earnings and wage inequality, and to develop new ways to measure and evaluate ind ...

Document Size:	6228
Author:	Doug Henwood
Date:	Mon Feb 1 09:16:38 PST 1999

39393 Dear Doug & Max -- rank: 1000

Rakesh Bhandari wrote: >Doesn't America's recent growth spurt have a lot to do with the assumption >of rather unbelievably huge amounts of debt by America's leading corps at >the end of last year for the purposes of business investment more so than m >& a activity. I just threw away my old Wall Street Journals but there were >some rather troubling numbers in the money and finance section in the last >month or so. The problems with this debt driven investment are that the &g ...

Document Size:	6326
Author:	Doug Henwood
Date:	Mon Feb 1 08:54:33 PST 1999

39394 [Fwd: [BRC-ALL] CBS Evening News Attacks Us] -- rank: 1000

rc-am wrote: >carrol, anyone, have any ideas about slavery (or slave-like forms of >work) in the US today? Immigrants from places like China, India, and Mexico, are frequently brought to the U.S. and the forced into indentured servitude to pay off the debts to the smugglers who brought them here. For example, I've heard several stories about rich Indian professionals in the NYC area who advertise in India for maids, promising all sorts of goodies; when the women arrive here, their passport ...

Document Size:	5481
Author:	Doug Henwood
Date:	Mon Feb 1 08:08:23 PST 1999

39395 Yeltsin immunity -- rank: 1000

[from JRL] Yeltsin granted immunity from prosecution: Kremlin MOSCOW, Dec 31 (AFP) - Acting president Vladimir Putin signed a decree Friday granting Boris Yeltsin immunity from criminal prosecution, a Kremlin statement said. It added that Yeltsin cannot be arrested, searched or questioned by prosecutors under any condition. Yeltsin and his family have been accused of illegal business practices, and his aides of money laundering. Many journalists and analysts say Yeltsin stayed in the Kremlin to ...

Document Size:	4973
Author:	Doug Henwood
Date:	Fri Dec 31 13:01:12 PST 1999

39396 State and Democracy (was Re: Who Killed Vincent Chin?) -- rank: 1000

Yoshie Furuhashi wrote: >What do "strong nation-states" -- their character, effects of their >presence, effects of their absence, etc. -- exactly mean _in concrete >terms, outside the capitalist core_? And I was also referring to a very elitist view of the world that underpins the strong state - Keynes's well-born technocrats on the National Investment Board, or HCKL's friends in the Chinese CP, planning on behalf of the masses. Keynes at least had the excuse of writing in 193 ...

Document Size:	5409
Author:	Doug Henwood
Date:	Fri Dec 31 12:34:21 PST 1999

39397 State and Democracy (was Re: Who Killed Vincent Chin?) -- rank: 1000

Yoshie Furuhashi wrote: >What do "strong nation-states" -- their character, effects of their >presence, effects of their absence, etc. -- exactly mean _in concrete >terms, outside the capitalist core_? I was referring very specifically to Nazi Germany and the present Chinese regime. Doug

Document Size:	5035
Author:	Doug Henwood
Date:	Fri Dec 31 12:27:16 PST 1999

39398 Kosovo: "intimate acts of barbarity rather than mass murder" -- rank: 1000

Wall Street Journal - December 31, 1999 DESPITE TALES, THE WAR IN KOSOVO WAS SAVAGE, BUT WASN'T GENOCIDE By Daniel Pearl and Robert Block Staff Reporters of the Wall Street Journal TREPCA, Yugoslavia -- When the blanket-covered trucks rolled toward the mining complex near this northern Kosovo town in April, Bexhet Kurti didn't give them much thought. The Yugoslav army had a military base there, after all. It was in July, after the fighting ended and Mr. Kurti returned to battle-scarred Trepca, t ...

Document Size:	19180
Author:	Doug Henwood
Date:	Fri Dec 31 10:22:39 PST 1999

39399 Yeltsin's text -- rank: 1000

[from Johnson's Russia List] FULL TEXT-Yeltsin's resignation statement MOSCOW, Dec 31 (Reuters) - Following is the full text of Boris Yeltsin's televised statement announcing his resignation as Russian president on Friday, translated by the British Broadcasting Corporation and Reuters (Eds: about 750 words): Dear friends, my dear ones, today I am wishing you New Year greetings for the last time. But that is not all. Today I am addressing you for the last time as Russian president. I have made a ...

Document Size:	8654
Author:	Doug Henwood
Date:	Fri Dec 31 11:33:36 PST 1999

39400 Marino May Face Last Game -- rank: 1000

Emilio Costa Manso forwarded: >Marino May Face Last Game I'm happy to see all kinds of things discussed on this list, but just what was the point of sending this? Is there a great unmet hunger for football-related discourse out there? Doug

Document Size:	4692
Author:	Doug Henwood
Date:	Fri Dec 31 11:24:54 PST 1999

39401 Naderites Craft "Fix It or Nix It" Campaign -- rank: 1000

Michael Pugliese quoted: >The Naderites explain their relationship with Milliken simply as smart >politics, a "tactical alliance" no different from Senators John McCain and >Russ Feingold working together on campaign finance reform. When I asked Wallach about this for The Nation's WTO forum, here's what she said: >In some of these trade fights, there have been strange coalitions >between presumably leftish forces and right-wing Republicans and >reactionary businesspeo ...

Document Size:	6141
Author:	Doug Henwood
Date:	Fri Dec 31 11:14:31 PST 1999

39402 Who Killed Vincent Chin? (was Barkley on WTO, etc) -- rank: 1000

Yoshie Furuhashi wrote: >My question concerned whether you and Doug weren't suggesting that while >Henry's political sympathy is suspect, Keynes is above suspicion. Actually they strike me as fairly similar in their elitism and nationalism. What makes me evaluate them a bit differently is that HCKL professes to be a Marxist, while Keynes was militantly anti-Marxist. But their shared admiration for Nazi economic policy suggests a similar fondness for strong nation-states and a lack of fondn ...

Document Size:	5409
Author:	Doug Henwood
Date:	Fri Dec 31 11:04:26 PST 1999

39403 Tax breaks and WTO -- rank: 1000

Max B. Sawicky wrote: >But this could all be academic if taxation of corporations >at source (i.e., the U.s. corporate income tax) is junked >altogether and replaced with the VAT. So Max, or anyone, what's your sense of the "incidence" of a corporate income tax - does capital pay it, or is it passed along to final consumers? My guess is that they wouldn't spend all that money on lobbyists if they could fully pass it along, but the issue is still controversial in the economics ...

Document Size:	4907
Author:	Doug Henwood
Date:	Fri Dec 31 09:34:17 PST 1999

39404 Must capitalism be racist? -- rank: 1000

Jim heartfield wrote: > >Peace of mind, of a sort. As in, "I may have a crappy job and not a > >pot to piss in, but at least I'm not black!" > >And this is supposed to be an advantage? Some people reportedly perceive it as such. Doug

Document Size:	4733
Author:	Doug Henwood
Date:	Fri Dec 31 09:22:23 PST 1999

39405 Naderites Craft "Fix It or Nix It" Campaign -- rank: 1000

Patrick Bond wrote: > Doug, for instance, is so transparently green >with envy when he posts Cockburn's pieces is that as close as he >often gets, he just cannot match the cheekyness that always >ensures good, busy people read and notice and eagerly await >Counterpunch. Do you have any idea how much of Counterpunch AC actually writes? Doug

Document Size:	4997
Author:	Doug Henwood
Date:	Thu Dec 30 23:31:49 PST 1999