Re: The Hong Kong peg?

1998-01-16 Thread Doug Henwood
Tom Walker wrote: Erdman's logic sounds convincing. Can anybody explain why Erdman's scenario _won't_ happen or how the global money fixers will smooth it over if it does? Financial columnist Paul Erdman wrote It could happen that way for sure. But Erdman has predicted 3 out of the last 0

A saw off?

1998-01-16 Thread Tom Walker
07:55 INDONESIA RUPIAH FALLS 7% TO 8400. 07:22 INDONESIA STOCKS UP 6.9%. Regards, Tom Walker ^^^ Know Ware Communications Vancouver, B.C., CANADA [EMAIL PROTECTED] (604) 688-8296

Re: Lost in nostalgia

1998-01-16 Thread Sid Shniad
What's really entertaining is listening to the PR folks trying to come up with a scientific explanation for the choice. Sid 12:02 NASA CONFIRMS SEN. JOHN GLENN TO GO INTO SPACE AS PAYLOAD SPECIALIST. Couldn't have anything to do with nostalgia, could it? What does it say about the

BLS Daily Reportboundary=---- =_NextPart_000_01BD2261.2F109570

1998-01-16 Thread Richardson_D
This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- =_NextPart_000_01BD2261.2F109570 charset="iso-8859-1" BLS DAILY REPORT, THURSDAY, JANUARY 15, 1998: __Prices of goods imported into the United

Re: The Hong Kong peg?

1998-01-16 Thread James Devine
Tom Walker wrote: Erdman's logic sounds convincing. Can anybody explain why Erdman's scenario _won't_ happen or how the global money fixers will smooth it over if it does? Financial columnist Paul Erdman wrote Doug replies: It could happen that way for sure. But Erdman has predicted 3 out

Re: Lost in nostalgia

1998-01-16 Thread Max B. Sawicky
From: [EMAIL PROTECTED] (Tom Walker) 12:02 NASA CONFIRMS SEN. JOHN GLENN TO GO INTO SPACE AS PAYLOAD SPECIALIST. Couldn't have anything to do with nostalgia, could it? What does it say about the public relations of the space program -- until now the epitome of futurism -- when

Re: Anarchist Cookbook for 21st Century

1998-01-16 Thread Thomas Kruse
If Christ were alive today, the Christians would crucify him. If Marx were alive today, the marxists would give him advice on what agency to apply to for a project grant to write Das Kapital. Tom Walker Hmmm. And a non-PC thought: with a bit o' funding maybe he would have lost fewer children

Asian crisis hits Canadian banks

1998-01-16 Thread Sid Shniad
The Globe and Mail Friday, January 16, 1998 BIG SIX BANK STOCKS TUMBLE CIBC, Scotiabank hardest hit by Asian troubles; Soros rumoured to be shorting shares By Susanne Craig, Investment Reporter After two years of record gains, bank stocks spiralled

Joseph Kennedy on the School of the Americas

1998-01-16 Thread Sid Shniad
January 12, 1997 SOA Graduates' Fingerprints On Mexico's Chiapas Policy Dear Colleague: As the investigation into the December 22 Chiapas massacre continues, published reports link School of the Americas (SOA) graduates with the Mexican Government's failed Chiapas policy.

Business advisory council criticizes MAI negotiations

1998-01-16 Thread Sid Shniad
JOURNAL OF COMMERCE January 16, 1998 OECD advisory panel slams proposed investment treaty By John Maggs A committee of advisers has delivered a scathing verdict on a proposed treaty to protect international investment, further endangering a pact that

The Hong Kong peg?

1998-01-16 Thread Tom Walker
Erdman's logic sounds convincing. Can anybody explain why Erdman's scenario _won't_ happen or how the global money fixers will smooth it over if it does? Financial columnist Paul Erdman wrote, "Next to go will be the peg linking the Hong Kong dollar to the U.S. dollar at HK 7.74. This for two

Re: The Hong Kong peg?

1998-01-16 Thread Dennis R Redmond
On Fri, 16 Jan 1998, Tom Walker cross-posted From Erdman: "Next to go will be the peg linking the Hong Kong dollar to the U.S. dollar at HK 7.74. This for two reasons. As a result of Asian devaluations now averaging almost 50 percent, Hong Kong's competitive position in export markets where

BLS Daily Reportboundary=---- =_NextPart_000_01BD22A5.474F4ED0

1998-01-16 Thread Richardson_D
This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- =_NextPart_000_01BD22A5.474F4ED0 charset="iso-8859-1" BLS DAILY REPORT, FRIDAY, JANUARY 16, 1998 RELEASED TODAY: In July through September of

Re: Lost in nostalgia

1998-01-16 Thread Tom Walker
Max Sawicky wrote, Once again, your grip on the zeitgeist is wanting. My grip on the zeitgeist is vise like. Regards, Tom Walker ^^^ Know Ware Communications Vancouver, B.C., CANADA [EMAIL PROTECTED] (604) 688-8296

Strong Encryption and Transaction Taxes

1998-01-16 Thread Gar W. Lipow
I've always favored Doug Henwood's position on strong transaction taxes on bets placed in the global and national casinos. But as a tech type, I've also kind of reflexively opposed the restrictions on strong encryption. You know, when secret codes are outlawed only outlaws... (In case one or

Re: Asian crisis hits Canadian banks

1998-01-16 Thread Doug Henwood
Sid Shniad wrote: Scotiabank, which bills itself as the most international of Canada's banks, has the largest exposure to the Asia-Pacific region, including Japan. A friend of mine who was a leveraged buyout specialist for an insurance company back in the 1980s interviewed with Citibank for

Re: The Hong Kong peg?

1998-01-16 Thread Tom Walker
Doug Henwood wrote, It could happen that way for sure. But Erdman has predicted 3 out of the last 0 depressions. Quantitatively that looks like a .000 average. But qualitatively it may still be better than predicting 0 out of the last 3 depressions. Regards, Tom Walker

Re: Lost in nostalgia

1998-01-16 Thread Eugene P. Coyle
Hey, they sent Jake Garn once, how do you explain that? Diod they want to find out what the effect on a limited IQ is? From: [EMAIL PROTECTED] (Tom Walker) 12:02 NASA CONFIRMS SEN. JOHN GLENN TO GO INTO SPACE AS PAYLOAD SPECIALIST. Couldn't have anything to do with

Re: Disarming the Markets

1998-01-16 Thread valis
Sid's friend Erin need not be shy about it; at least one other is ready to go public with confusion about current cliches taken for granted. This artificial world state is a power with no base in society. It is answerable instead to the financial markets and the mammoth business

Disarming the Markets

1998-01-16 Thread Sid Shniad
LE MONDE DIPLOMATIQUE December 1997 DISARMING THE MARKETS by Ignacio Ramonet The hurricane that has hit the money markets in Asia poses a threat to the rest of the world. The globalisation of investment capital is causing universal insecurity. It makes a mockery of

(Fwd) Error Condition Re: Re: The Hong Kong peg?

1998-01-16 Thread Max B. Sawicky
From: James Devine [EMAIL PROTECTED] . . . He's also a leader in the anti-Swiss movement which is currently so popular. He's anti-Swiss mostly because they threw him into jail for what he considers to be normal banking behavior. You can sign me up for this movement too.

Request for info on intra-company trade

1998-01-16 Thread Sid Shniad
Hi, Erin. Intra-company transactions comprise a huge part of what is called international trade. I'll forward your question to a list of leftie economists, where someone will have the precise answer to your question. On the larger issue, though, I think it's crucial to keep in mind that what

Re: Lost in nostalgia

1998-01-16 Thread valis
Sid: What's really entertaining is listening to the PR folks trying to come up with a scientific explanation for the choice. Tom: NASA CONFIRMS SEN. JOHN GLENN TO GO INTO SPACE AS PAYLOAD SPECIALIST. Couldn't have anything to do with nostalgia, could it? What does it say about

The Parallax view

1998-01-16 Thread Tom Walker
I'll call this post "the current economic crisis in historical perspective in historical perspective." The doubling of historical perspective is not a typo. The May-June, 1981 issue of Socialist Review carried an article by Thomas Weisskopf titled, "The Current Economic Crisis in Historical

Lost in nostalgia

1998-01-16 Thread Tom Walker
12:02 NASA CONFIRMS SEN. JOHN GLENN TO GO INTO SPACE AS PAYLOAD SPECIALIST. Couldn't have anything to do with nostalgia, could it? What does it say about the public relations of the space program -- until now the epitome of futurism -- when it begins to recycle its relics? Regards, Tom