Re: Re: U.S. Monetary Policy; Operation Twist?

2000-03-19 Thread Edwin Dickens
Barnet Wagman wrote: > > Operation Twist? What does that refer to? During the Kennedy Administration, the Treasury and the Fed tried to "twist" the yield curve, or "invert" it as we say today, by purchasing long bonds and selling short ones. The idea was to stimulate domestic aggregate demand

Re: Boeing Strike Agreement Reached: Why?

2000-03-19 Thread Barnet Wagman
The settlement that Boeing has (finally) offered appears to be a least a bit better than SPEEA's initial demands. That raises the question of why on earth Boeing triggered the strike and was so recalcitrant (as of a week ago, I'm told Boeing wasn't even negotiating). I suppose the conventional w

Re: U.S. Monetary Policy; Operation Twist?

2000-03-19 Thread Barnet Wagman
Operation Twist?   What does that refer to? Edwin Dickens wrote: The Treasury has purchased $2 billion in long term government bonds in the last month.  It appears prepared to buy long bonds at an accelerating rate through November.  And the Fed seems prepared to go along by trying to protect the

U.S. Monetary Policy

2000-03-19 Thread Edwin Dickens
The Treasury has purchased $2 billion in long term government bonds in the last month. It appears prepared to buy long bonds at an accelerating rate through November. And the Fed seems prepared to go along by trying to protect the dollar from the Treasury's purchases with a higher Federal funds

Re: Re: RE: Re: RE: Re: Pro-ITN Libel Suit Post

2000-03-19 Thread Michael Perelman
It is hard to believe that anyone here would still want to defend the Clinton/NATO policy any more. We have been through that many times now. If we want to see the depths of US humanitarianism, I suggest that we look in the direction of Baghdad. Doug Henwood wrote: > Nathan Newman wrote: > > >

Re: RE: Re: RE: Re: Pro-ITN Libel Suit Post

2000-03-19 Thread Doug Henwood
Nathan Newman wrote: >Come on, Jim. Those of us who have supported intervention have been >denounced as "imperialists" while folks like LM have been praised for being >"anti-imperialist." 1) The U.S. government and NATO are two of the most important institutions of imperialism in existence. 2

Re: Re: "Free" Speech & Democratic Anti-Racist Discipline...

2000-03-19 Thread Carrol Cox
Jim Devine wrote: > [snip] > Yoshie responds: > > Practice precedes thought. > > And thought precedes practice, as part of a dialectical process. > [Aside: This exchange between you and Yoshie seems to be making progress, but I want to focus just on this exchange in isolation.] Yes and no. I

Re: Re: "Free" Speech & Democratic Anti-RacistDiscipline (was ...

2000-03-19 Thread JKSCHW
In a message dated 00-03-19 13:31:46 EST, you write: << I meant "free-thinking" in three senses: (a) secular, (b) self-governing, & (c) freer from the ruling ideas. >> I was using it in the sense of "able to think for oneself." And I won't overstate how much that was true of OSU students, wh

Re: Re: Re: Re: Re: Post-Secondary Education & JamesO'Connor

2000-03-19 Thread Jim Devine
At 06:21 PM 03/19/2000 -0500, you wrote: >Jim. You are looking at the problem from an American centric position. All >of the >major industrial countries went through the same process. All had a huge >deficeit. >All "solved" the problem at the same time. The particulars of the American >situation

Re: Re: "Free" Speech & Democratic Anti-Racist Discipline (was Re: ...

2000-03-19 Thread Jim Devine
>Maybe Jim & Justin were made to conform to George Orwell's brand >of anti-conformity in high school I don't get this. (Why this personal attack?) Anyway, I wasn't forced to read Orwell. In fact, I think it was in Junior High that the teacher yelled at me for reading _1984_ rather than p

Re: "Free" Speech & Democratic Anti-Racist Discipline...

2000-03-19 Thread Jim Devine
I wrote: > >As for tolerating racist speech amongst rank-and-file leftists, the > point is not to _shut up_ the racist-leaning leftist, but to argue > against his or her point of view. If you respect the individual enough to > use the label "leftist," this seems the only path to take. (This is

Re: Spinoza, Freedom, & Necessity (was Re: Baruch and Hobbesy,freedom of speech, etc.)

2000-03-19 Thread Gar Lipow
A side note: Steven Brust (as far as I know the only openly Trotskyite fantasy writer consistently carried in all major chain bookstores) has co-written (with Emma Bull) a Hegelian fantasy called "Freedom and Neccesity" exploring (in a light-hearted way) the dialectics of this particular oppositio

Re: Re: Re: Re: Post-Secondary Education & JamesO'Connor

2000-03-19 Thread Rod Hay
Jim. You are looking at the problem from an American centric position. All of the major industrial countries went through the same process. All had a huge deficeit. All "solved" the problem at the same time. The particulars of the American situation are incidental. Rod Jim Devine wrote: > At 01

Spinoza, Freedom, & Necessity (was Re: Baruch and Hobbesy,freedom of speech, etc.)

2000-03-19 Thread Yoshie Furuhashi
Angela sent an excerpt from Spinoza: >But I suspect an additional stake here -- other than that of Spinoza's >rejection of the cogito (epistemological reign) -- that would explain the >preference for Hobbes in light of recent discussions on freedom of speech. >So, a citation from Spinoza: > >"Whoe

Re: "Free" Speech & Democratic Anti-Racist Discipline (was Re: ...

2000-03-19 Thread Yoshie Furuhashi
Carrol: >Frankly I would rather be right than original. But if one wishes to explore >this subject in depth one should also explore the sheeplike approval of >such equatiions as "rigid purity = bad"; "independent mind = good." >And anyone who differs in the least from the overwhelming consensus >o

Re: Re: Re: "Free" Speech & Democratic Anti-RacistDiscipline (was Re: ...

2000-03-19 Thread Carrol Cox
Jim Devine wrote: > At 09:58 AM 03/19/2000 -0500, you wrote: > > > >"Free thinking" is the last way I'd describe Antioch students as a group. My > >experience of them is that of a fairly uniform PC party line. Frankly I > >thought that my students at OSU were more open minded. --jks And M

Re: Women and Lists Re: Solidarity & "Humanitarian" Imperialism(was Re: Yoshie's dearth of female contributors)

2000-03-19 Thread Yoshie Furuhashi
Carrol: >Please read the entire subject line. It tells a tale. We (marxism, lbo, >pen-l, and L-I) simply cannot keep a thread on women going. Humanitarian >Imperialism is a vital subject, and I've had much to say about it in the >past and will in the future. But I think the quick mutarion into >s

Re: "Free" Speech & Democratic Anti-Racist Discipline (was Re: ...

2000-03-19 Thread Yoshie Furuhashi
>From Jim Devine to Justin: >><< The >> poor Antioch students were made fun of in the mass media during the >> anti-"PC" hysteria, but in fact you'll find them to be among the most >> left-wing, free-thinking, & politically active students in Ohio (and >> probably in the USA). >> >> >>"Free t

"humanism"

2000-03-19 Thread Jim Devine
>It seems to rest on a peculiar definition of the word 'humanist'. Now I >don't doubt >that there are those, including some Marxists, who deal only in the abstract. >(There is an old joke about the communist who loved humanity but hated >people) But >surely they are a minority. My understanding

Re: Re: "Free" Speech & Democratic Anti-Racist Discipline (was Re: ...

2000-03-19 Thread Jim Devine
At 09:58 AM 03/19/2000 -0500, you wrote: >In a message dated 00-03-19 04:38:25 EST, you write: > ><< The > poor Antioch students were made fun of in the mass media during the > anti-"PC" hysteria, but in fact you'll find them to be among the most > left-wing, free-thinking, & politically active

Re: Re: Re: Post-Secondary Education & James O'Connor

2000-03-19 Thread Jim Devine
At 01:08 AM 03/19/2000 -0500, you wrote: >The so-called fiscal crisis of the state in the 1980s and early 1900s had >absolutely nothing to do with government spending or taxes. It was caused and >solved purely by monetary policy. High interest rates turning a same operating >deficit into a large o

Re: RE: Re: RE: Re: Pro-ITN Libel Suit Post

2000-03-19 Thread Jim Devine
Nathan had written: > >>For that reason, we should all be a bit less ready to denounce allies > as enemies over such issues, and a bit more cautious in embracing > traditional enemies just because of short-term convergence on policy<< I wrote: > > who was embracing whom? and who was denounc

Re: Re: Post-Secondary Education & James O'Connor

2000-03-19 Thread Rod Hay
Not at all a whim. But rather a dedicated policy of controlling and disciplining a working class that was demanding increased wages. Yoshie Furuhashi wrote: > Hi Rod: > > >The so-called fiscal crisis of the state in the 1980s and early 1900s had > >absolutely nothing to do with government spendi

Women and Lists Re: Solidarity & "Humanitarian" Imperialism (was Re: Yoshie's dearthoffemale contributors)

2000-03-19 Thread Carrol Cox
Please read the entire subject line. It tells a tale. We (marxism, lbo, pen-l, and L-I) simply cannot keep a thread on women going. Humanitarian Imperialism is a vital subject, and I've had much to say about it in the past and will in the future. But I think the quick mutarion into something else

Re: "Free" Speech & Democratic Anti-Racist Discipline(was Re: ...

2000-03-19 Thread JKSCHW
In a message dated 00-03-19 04:38:25 EST, you write: << The poor Antioch students were made fun of in the mass media during the anti-"PC" hysteria, but in fact you'll find them to be among the most left-wing, free-thinking, & politically active students in Ohio (and probably in the USA). >>

Re: Post-Secondary Education & James O'Connor

2000-03-19 Thread Yoshie Furuhashi
Hi Rod: >The so-called fiscal crisis of the state in the 1980s and early 1900s had >absolutely nothing to do with government spending or taxes. It was caused and >solved purely by monetary policy. High interest rates turning a same operating >deficit into a large one. And low interest rates solve

"Free" Speech & Democratic Anti-Racist Discipline (was Re:Kosova/o)

2000-03-19 Thread Yoshie Furuhashi
Jim D. wrote: >Well, I am making such a qualification, a qualification I see as necessary. > >As for tolerating racist speech amongst rank-and-file leftists, the point >is not to _shut up_ the racist-leaning leftist, but to argue against his or >her point of view. If you respect the individual eno