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Sent: Thursday, February 05, 1998 2:15 PM
To: LABOR-L; Progressive Economists' Network
Subject: Today's "free" market -- lobster salad socialism?
The Los Angeles Times Sunday, December 28, 1997
THE BAILOUT BUBBLE
The American public has been cleaning up the financial messes of
the investor class--from Lockheed to South Korea--since the '70s.
Will 1998 be the year they refuse to pay?
=========================================
The latest scuttlebut is that the House Dems are ready to roll
over on this one, namely funding the IMF. Rubin and Summers
gave 'end of the world' speeches so the Dems decided the
Prez needed a little victory.
MBS
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