At 08:41 PM 8/4/98 -0700, Michael P. wrote: >Robert Naiman's note on the IMF is a perfect example of what I was referring to >in my earlier post on socializing the downturns and privatizing the booms. this seems to be a dynamic version of Norman Thomas' phrase "socialism for the rich, capitalism for the poor." in pen-l solidarity, Jim Devine [EMAIL PROTECTED] & http://clawww.lmu.edu/Departments/ECON/jdevine.html