More iceing for the cake,
Mike B)
***
Whose Human Rights is the Occupation Defending
by David Bacon; April 17, 2004
The disaster that is the occupation of Iraq is
much more than the war that plays nightly across U.S.
television screens.
On Sixty Minutes
last night , B. Woodward claimed that when asked what history will "think" of
Bush's war on Iraq, Bush responded that we will all be dead when history makes
it's judgment.
http://www.nytimes.com/2004/04/19/politics/19CONS.html?ei=5062en=3ead1edf3c2212ddex=1082952000pagewanted=printposition=
April 19, 2004
Lack of Resolution in Iraq Finds Conservatives Divided
By DAVID D. KIRKPATRICK
April 18, 2004/New York TIMES
ECONOMIC VIEW
Two Countries, Two Tales of Jobs
By EDMUND L. ANDREWS
ASHINGTON
FOR more than a year, economists have been perplexed by the startling
contrast between the nation's economic growth and its weak pace of job
creation.
But an equally puzzling contrast
Title: RE: [PEN-L] mixed economic signals
On Saturday, April 17, 2004 2:11 PM, Michael Perelman wrote:
Will we have to take stagflation out of the closet again?
I think it's safe to keep our inflationary expectations in the closet. Even with skepticism about recent productivity gains
Title: RE: [PEN-L] mixed economic signals
if the Fed
does raise rates, it could pop the housing bubble.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
-Original Message-From: Dickens, Edwin
[mailto:[EMAIL PROTECTED]Sent: Monday, April 19, 2004 11:01
AMTo:
I'm not as sure as you about the certainty of closeting inflation. If
you mean manufacturing costs, there certainly declining. If you include
resource costs, then the uncertainty creeps in. Water -- most of the
West is suffering from drought -- petroleum, some agricultural
commodities.
[EMAIL PROTECTED] 04/19/04 10:14 AM
On Sixty Minutes last night , B. Woodward claimed that when asked what
history will think of Bush's war on Iraq, Bush responded that we will
all
be dead when history makes it's judgment.
bush belongs to apocalyptic christian sect that believes war and
April 15, 2004 * Issue 78
_
INSTITUTE INDEX * Taxing Times
Percent by which audits of largest corporations have dropped since 1992: 20
Percent of IRS tax audits in 2001 that targeted the working poor: 55
Estimated amount of federal revenue lost annually from corporate tax shelters, in
So let me get this straight...all these people that have been buying 1/2
million $$ condos/bungalows in the Bay area lately, have mortgages based
on variable rates? They expected interest rates to stay low forever? Was
it not possible to get a low fixed-rate mortgage? Or was it just about
The Pentagon as Global Slumlord
By Mike Davis
The young American Marine is exultant. It's a sniper's dream, he tells a
Los Angeles Times reporter on the outskirts of Fallujah. You can go
anywhere and there so many ways to fire at the enemy without him knowing
where you are.
Sometimes a guy will
Title: Impeach
"Dirty pool," says Kerry
Kucinich of Ohio Launches
Impeachment Bill in House
Several House Republicans join effort,
say shame is "too much to carry"
WASHINGTON - The United States House of Representatives was
thrown into a flurry of scrambled activity today when Rep. Dennis
Title: [pen-l] mixed economic signals
Scrap metal and other raw material prices top my list of resource costs that may raise the spectre of inflation. But much the same argument used to argue for a real estate bubble can be used to argue for commodity price bubbles, no? If so, then the risk
Dickens, Edwin
If so, then the risk of disinflation still
outweighs the risk of inflation, in the sense
that it's unclear that the economy can sustain
positive real short-term interest rates.
It's the free money, in real terms, that feeds
the carry trade underlying the run-up in
commodity
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