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40396 Rubin interview -- rank: 1000

[from TheStreet.com] TSC TALKS WITH ROBERT RUBIN A sensible plan would 'get Japan back on track and growing as it did in the past 50 years, [so] it can again become an engine of growth for the rest of the world.' Editor's Letter: TSC Talks with Robert Rubin By Dave Kansas and James J. Cramer 9/22/98 8:37 AM ET (Editor's note: As you know, we do all we can to bring you top-flight news and information. That's why we are pleased to bring you an interview with Treasury Secretary Robert Rubin. A stea ...

Document Size:	15715
Author:	Doug Henwood
Date:	Tue Sep 22 11:49:37 PDT 1998

40397 Blair on reform of world finance. -- rank: 1000

David Walker wrote in The Guardian: >There, the other day, you had a successful European social democratic prime >minister not in office for very long focusing his mind on the world >financial crisis. No, it wasn't Tony Blair. This was the French leader >Lionel Jospin - and he wasn't invited to Hillary Clinton's confab. Nor was Carlos Menem of Argentina, who wanted to come but wasn't allowed. Clinton reportedly asked his fellow CEOs what the greatest domestic problem facing their cou ...

Document Size:	6013
Author:	Doug Henwood
Date:	Tue Sep 22 08:30:39 PDT 1998

40398 Doug on the Radio over the Internet -- rank: 1000

Michael Pollak wrote: >Doug can confirm whether this is true, but I just heard over WFMU that >he's appearing on Dave Mandl's show this Sunday, which airs live between 5 >and 7 pm. And for our our friends from out of town that keep asking what >he sounds like over the radio, WFMU (unlike WBAI) is available on Live >Audio at www.wfmu.org. Of course, Doug won't be the host, it's someone >else's show, but that probably means he'll get to talk more than he does >on his own show ...

Document Size:	5279
Author:	Doug Henwood
Date:	Tue Sep 22 08:04:13 PDT 1998

40399 Fed talk -- rank: 1000

[From TheStreet.com. This guy's pretty hawkish himself, so discount his spin as (if?) you read this.] The Invisible Mouth: Fed Easing More Likely in November By James Padinha Economics Correspondent Closer? JACKSON HOLE, Wyo. -- Chicago Federal Reserve Bank President Michael Moskow and Cleveland Federal Reserve Bank President (and current FOMC voter) Jerry Jordan both speak tomorrow, but that is the last we will hear from Fed members before they meet to vote on the funds rate next Tuesday. (The ...

Document Size:	9243
Author:	Doug Henwood
Date:	Tue Sep 22 07:31:41 PDT 1998

40400 WHAT THE THIRD WAY STANDS FOR: TONY BLAIR -- rank: 1000

[mush from the guy more known for blowdrys than blowjobs] THE GLOBE AND MAIL MONDAY, SEPTEMBER 21, 1998 WHAT THE THIRD WAY STANDS FOR: TONY BLAIR The British Prime Minister and Leader of the Labour Party lays out his blueprint for renewed social democracy This declaration was released to selected newspapers in North America to coincide with Mr. Blair's meeting today in New York with U S. President Bill Clinton and Italian President Romano Prodi, fellow Third Wayers. TONY BLA ...

Document Size:	11324
Author:	Doug Henwood
Date:	Mon Sep 21 14:07:16 PDT 1998

40401 aesthetics, bourgeois and otherwise -- rank: 1000

Alex LoCascio wrote: >James Baird wrote: >> The mind fairly boggles at the thought. What song would they use? "I >> Kill Children"? (A personal favorite...) Of course, I always thought >> "California Uber Alles" would have made a swell theme aong for >Governer >> Moonbeam's presidential canpaign... > >Right after Reagan's election, the DKs altered the lyrics to California >Uber Alles and re-titled it "We've Got Bigger Problems No ...

Document Size:	5432
Author:	Doug Henwood
Date:	Mon Sep 21 13:43:10 PDT 1998

40402 Boris in Boston -- rank: 1000

[this bounced] From: jeffrey sommers <jsommers at lynx.dac.neu.edu> Reply-To: jsommers at lynx.dac.neu.edu Organization: World History Center, http://www.whc.neu.edu X-Mailer: Mozilla 4.05 (Macintosh; I; PPC) MIME-Version: 1.0 To: lbo-talk at lists.panix.com Subject: Kagarlitsky References: <199809202242.SAA26739 at dont.panix.com> Content-Type: text/plain; charset=us-ascii; x-mac-type="54455854"; x-mac-creator="4D4F5353" Content-Transfer-Encoding: 7bit I noticed ...

Document Size:	5992
Author:	Doug Henwood
Date:	Mon Sep 21 06:53:32 PDT 1998

40403 foreign debt -- rank: 1000

Brad De Long wrote: >But if you are a country with a large national debt relying on >internationally-mobile foreign capital to finance a large chunk of it, that >seems to be the way it is. Is it your, or anyone's, sense that elite policymakers worry about 34% of Treasury debt being held by foreigners, up from just 21% in early 1995? Do they worry about a net foreign debt of $2 trillion, and a net international investment income slipping into the red? You used to hear about this in the 1 ...

Document Size:	4884
Author:	Doug Henwood
Date:	Sun Sep 20 10:03:50 PDT 1998

40404 Promoting mass purchasing power -- rank: 1000

Louis Proyect wrote: >A Marxist analysis of the Clinton presidency would focus on the ways in >which he is a continuation of Reagan and Bush. His attacks on minorities >and the environment are extremely reactionary. Clinton as the killer of Rickey Ray Rector, the signer of the end-of-welfare bill, and the launcher of cruises into Khartoum sure fits this bill, but why is he so damn popular among African-Americans, with an 80-90% approval rating? There are lots of ways in which Clinton is ...

Document Size:	5559
Author:	Doug Henwood
Date:	Sun Sep 20 09:50:06 PDT 1998

40405 Fed Hawks -- rank: 1000

Michael Cohen wrote: >How much of the US government debt is own by foreign holders? About 34% >How is this distributed around the world? Not really known. There's reasonably good data on who buys it initially - though purchases by an offshore hedge fund will show up as an offshore asset, even though the real owners may be in New York or Palo Alto - but as they're bought and sold, the holdings are reshuffled in ways no one knows for sure. You can bet that central banks of countries with big ...

Document Size:	4863
Author:	Doug Henwood
Date:	Sun Sep 20 08:39:10 PDT 1998

40406 Mandel and Keyens -- rank: 1000

bautiste at uswest.net wrote: >How is he or you right? All the marxist sells the worker is dreams of a past >that didn't happen and a future that might (but probably won't). Why should >they believe in your ghosts? And why or how should they think they are being >exploited? Maybe, when (if?) this precious crash of the stock market happens >then the worker will realize their exploitation? But then they will be working >so hard to make ends meet they'll think you're crazier than ...

Document Size:	5888
Author:	Doug Henwood
Date:	Sat Sep 19 15:10:59 PDT 1998

40407 Mandel and Keyens -- rank: 1000

Rakesh Bhandari wrote: >So Keynes is only prettifying what Grossmann discovered--that the >resumption of accumulation requires a higher rate of exploitation, however >accomplished. We know what we mean by the term exploitation, but try it out on an audience of working people in this glorious land we live in. If you tell them they're more exploited now, with unemployment around 4.5% and real wages rising, than they were a few years ago when it was 7% and real wages were falling, they'll ...

Document Size:	4903
Author:	Doug Henwood
Date:	Sat Sep 19 10:45:12 PDT 1998

40408 kagarlitsky testimony -- rank: 1000

Brad De Long wrote: >The image held by Krugman, Shleifer, Vishny, Boycko, and a host of others >(including me) of a *bourgeoisie*--of what happens when you depoliticize >the economy, and create a class of people who profit from market exchange >and economic growth--is a very old one. Brad, do you really think there's nothing political about a bourgeoisie? That there's no power relation hidden behind the money form? Do you deny that for a bourgeoisie to be a bourgeoisie it has to have ...

Document Size:	4970
Author:	Doug Henwood
Date:	Sat Sep 19 10:40:11 PDT 1998

40409 assets -- rank: 1000

"The greatest asset we have as Americans is our knees." --Rep. J. C. Watts to the Christian Coalition yesterday

Document Size:	4389
Author:	Doug Henwood
Date:	Sat Sep 19 10:29:39 PDT 1998

40410 Fed hawks -- rank: 1000

Michael Cohen wrote: >> Seriously, what does this mail-list think would happen to the >> unemployment rate in the U.S.A. if the Dow were to go to 3000, or even >> 5000? And how long do you think it would take before the layoffs began >> in earnest? >> >> Yours WDK - WKiernan at concentric.net > >Perhaps absolutely nothing. The last serious, extended bear market in the U.S. was 1973-74, which ran slightly ahead of the 1974-75 oil shock recession. Some re ...

Document Size:	6264
Author:	Doug Henwood
Date:	Sat Sep 19 09:57:00 PDT 1998