Re: The mutation is complete

2002-09-30 Thread pms
Whee-doggy. That's gotta be the hardest workin' whore in Babylon. > HITCHENS: WE MUST FIGHT IRAQ > > By Christopher Hitchens > > http://www.mirror.co.uk/news/allnews/page.cfm?objectid=12227453&method=full&; siteid=50143 > > > Louis Proyect > www.marxmail.org >

Re: oilism redux

2002-09-30 Thread pms
Yup. As I've been saying on LBO for several years, War with a Real Country. It's in the cards. The oil card is clearly a factor in the current tug-of-war between Baghdad, Washington and key members of the U.N. Security Council that oppose the Bush administration's push for a military move on I

Re: Re: Advice Please

2002-09-30 Thread pms
All this is the kind of advice I want to follow and never get around to doing. What worked for me was switching to a smaller provider called hawk communications. I only switched cause it cost less than half of my old provider, Earthlink. Earthlink, which merged with my original provider Mindspr

Re: telecom market madness

2002-09-29 Thread pms
The capacity will not remain a glut in a globalized, digital economy. It will be aquired for next to nothing having been paid for by investors duped by the Grubman's. It will work out nicely for some factions. The only question I have is will it have only been a happy accident for those factio

Death for Labor

2002-09-28 Thread pms
Dow Jones Business News Train Operator Killed In Trial Run Of NYC Airport Train Friday September 27, 11:17 pm ET NEW YORK (AP)--A train operator was killed Friday when the train derailed during a test of a new light rail system designed to link John F. Kennedy International Airport with public t

So what do ya'll think of Japan?

2002-09-25 Thread pms
Reuters Business Report Speculation Rises on Japan Cabinet, Banks Thursday September 26, 12:47 am ET By Linda Sieg TOKYO (Reuters) - Speculation swirled Thursday that Japanese Prime Minister Junichiro Koizumi will replace his top financial regulator as a prelude to adopting a more aggressive po

Oh. That is SO typical.

2002-09-25 Thread pms
Reuters Market News W.House's Hubbard-U.S. economic recovery "typical" Wednesday September 25, 11:24 pm ET (Adds detail, quotes) NEW YORK, Sept 25 (Reuters) - White House Council of Economic Advisers Chairman Glenn Hubbard on said Wednesday the U.S. economic recovery was proceeding at a "typical

Re: Germany: Election results

2002-09-22 Thread pms
Schroeder, whose outspoken defiance against war with Iraq was credited with giving him a late-push in the tight campaign, said he won't back down. He has insisted he would not commit troops for a war even if the United Nations ( news - web sites) backs military action. (do they usually send tro

Econ-ster alert: Congress needs help with taxes

2002-09-20 Thread pms
Anyone got a better interpretation of the current situation? A Civil War Within a Trade Dispute By EDMUND L. ANDREWS ASHINGTON, Sept. 19 - What began as an obscure trade dispute between Europe and the United States has turned into a political brawl over $100 billion in corporate tax breaks t

Re: Re: RE: military ricardianism

2002-09-20 Thread pms
- Original Message - From: Ian Murray <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, September 20, 2002 12:34 AM Subject: [PEN-L:30396] Re: RE: military ricardianism > > - Original Message - > From: "Drewk" <[EMAIL PROTECTED]> > To: <[EMAIL PROTECTED]> > Sent: Thursda

Re: lula, soros and hobsbawm

2002-09-19 Thread pms
> In former times, a Lula victory would certainly have been viewed in Washington > as a signal to push Brazil into outer darkness. But Brazil is Latin America's > largest economy and its collapse, on top of Argentina's, could not be ignored. > Washington may be forced to accept Lula - even to supp

Re: ABS troubles ahead?

2002-09-19 Thread pms
> ``NextCard cost us $300 million-$400 million,'' says David Barr, a spokesman for > the Federal Deposit Insurance Corp., which guarantees U.S. bank deposits. The > FDIC stepped in to keep NextCard's asset-backed securities from paying out early > by injecting money into NextCard. Most of the comp

Banking group joins chorus of gloom over Japan

2002-09-11 Thread pms
http://www.forbes.com/newswire/2002/09/11/rtr718275.html Other than having tax payers bail banks, who will be the winners and how will that happen? Is this is a necessary prelude to the sell-off of Japanese assets at cheap prices?

Re: RE: double dip

2002-09-10 Thread pms
So, 38.5-78.5 billion dollars less domestic demand? Is that what you're looking for here Max? I have a hard time with decimal points and stuff. - Original Message - From: Max B. Sawicky <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, September 10, 2002 3:16 PM Subject: [PEN-L:

Re: Re: When they say 'no need to panic', it's time topanic

2002-09-09 Thread pms
I've never heard that but every time the G7 would get together in the last coupla years as I've been obsessing over the market I noticed they always said they didn't discuss currency rates. I'm talking about just the short announcement that might make it into a YahooFinance news brief. Made me

Re: EU vs. the Swiss

2002-09-08 Thread pms
> Some EU member states have said they would give up their own banking secrecy > only if Switzerland and five other financial centres outside the EU - the United > States, Andorra, San Marino, Liechtenstein and Monaco - were to do the same. > How is the US like these places? And how are they dif

Teach your children well

2002-09-06 Thread pms
http://www.non-sequitur.com/archives/

Re: citigroup

2002-09-04 Thread pms
Gee. Why do I keep coming back to this paragraph? Currency manipulation, monetary inflation, bubble. All in the past, eh? > > > Both men are long gone from the firm: Mr Meriwether quit to set up the Long-Term > Capital Management hedge fund that caused near chaos during the 1998 emerging > mark

Oil skirmish

2002-09-04 Thread pms
Oil gains on renewed threat of war By Myra P. Saefong, CBS.MarketWatch.com Last Update: 11:43 AM ET Sept. 4, 2002 NEW YORK (CBS.MW) -- A rise in petroleum futures prices picked up speed Wednesday as comments from President Bush indicated the likelihood of a war with Iraq. Free! Sign up h

Bechtel, Bolivia and Water

2002-08-29 Thread pms
Home | Newswire | About Us | Donate | Sign-Up Thursday, August 29, 2002 Home > Progressive Community > NewsWire > For Immediate Release Share This Article With Your Friends FOR IMMEDIATE RELEASE AUGUST 29, 2002 1:06 PM CONTACT: Earthjustice Martin Wagner, Earthjustice, Oakland, 510 550

Re: Re: Re: Varian quotes Marx

2002-08-29 Thread pms
Blaming Raygun's de-reg rag and Enron's criminal behavior on the commies. Does the Admin have a hard-working pr machine or what? - Original Message - From: Michael Perelman <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, August 29, 2002 12:32 PM Subject: [PEN-L:29964] Re: Re

Re: national question again

2002-08-28 Thread pms
Ok.  I don't mind sounding dumb.  Who's "the other guy"? But, then again this question have been debated by generations of Marxist and observed and recorded over a long period of time. I think I might be among a handful of people left who keep the original Comintern documents (the 1

Right down to the real nitty-gritty

2002-08-25 Thread pms
Reuters Company News Thai credit providers spurn rich for noodle vendors Monday August 26, 12:49 am ET By Dominic Whiting BANGKOK, Aug 26 (Reuters) - Thai credit providers are focusing more on noodle vendors, taxi drivers and factory workers because they believe such clients are more reliable bo

Word-out: Borrow a trillion to privatize SS

2002-08-18 Thread pms
I gotta get cable. Social Security borrowing urged By Joyce Howard Price THE WASHINGTON TIMES White House economic adviser Lawrence B. Lindsey says it would be worth borrowing $1 trillion to implement President Bush's plan to allow workers to devote part of their Social Security taxes to s

Re: PK on current events

2002-08-16 Thread pms
Title: PK on current events My boss has been buying property.  He thinks because there are foreclosures in the nice neighborhoods the bubble has burst and this is a safe place to put his money.  He still has a ton of silver coins he bought in the last PM bull.  But he thought I was silly to b

The Greedy Bunch

2002-08-15 Thread pms
http://www.fortune.com/insiders/companies.html

Re: Stiglitz

2002-08-10 Thread pms
Holy guacamole Michael, don't stop now! What were the real reasons? - Original Message - From: Michael Perelman <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Saturday, August 10, 2002 7:48 PM Subject: [PEN-L:29328] Stiglitz > I am 40% through Stiglitz's new book. Not nearly as muc

Bringing Detroit to it's knees

2002-08-09 Thread pms
TRAVERSE CITY, Mich., Aug 9 (Reuters) - The chief executive of a U.S. automotive supplier urged peers at an industry conference this week to rise up against price pressures from auto makers and steel tariffs even if it meant "bringing Detroit to its knees". http://biz.yahoo.com/rc/020809/autos_su

Re: RE: Re: Re: Re: Re: War Question

2002-08-09 Thread pms
Title: RE: [PEN-L:29309] Re: Re: Re: Re: War Question Cynthia for one, is running an incredibly bad campaign in a bid for re-election.  I don't know who's doing a better job of assuring her defeat, the Repugs, the state Dem-repug-wannabees, or her campaign manager.  It's very sad. - Or

Re: Re: Re: Re: War Question

2002-08-09 Thread pms
> > This is the second instance recently in which Mr. Armey has > challenged White House policy. Mr. Armey objected to an > administration proposal to encourage taxi drivers, cable-television > installers and other workers who jobs routinely take them through the > nation's neighborhoods to repor

Market Cap in Mutual Funds

2002-08-09 Thread pms
Folsom's Market Watch 8-9-02 Analysts who look for comparisons to today's bear market invariably reach back to 1973-74, when the declines shaved as much as 45% from the Dow Industrials and 48% from the S&P 500. What we've seen since March 2000 is in the same league on a percentage basis, but in a

Getting ready for the real world.

2002-08-03 Thread pms
Friday August 2, 3:19 pm Eastern Time Dow Jones Business News New Mellon HBV Arbitrage Fund Pursues Worldwide Mandate By By John Shipman, Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- A new global risk-arbitrage hedge fund launched by Mellon Financial Corp.'s HBV Alternative Strategies unit i

Re: RE: Big Income Gains? Comment?

2002-08-02 Thread pms
Title: RE: [PEN-L:29042] Big Income Gains? Comment? Right.  I didn't think it was a good thing.  Small fodder for the perma-bulls maybe.  I thought it was interesting, and probably tied up with the factor you mention, that the rise in after-tax income was higher than the general rise in incom

Big Income Gains? Comment?

2002-08-02 Thread pms
Friday August 2, 9:11 am Eastern Time Reuters Business Report Consumer Spending Up on Big Income Gain WASHINGTON (Reuters) - U.S. consumer spending rose solidly in June as income advanced at the fastest pace in nearly two years on the back of big pay gains, helping cash registers ring out the sec

Is this what Stagflation looks like?

2002-08-01 Thread pms
Thursday August 1, 12:14 pm Eastern Time Reuters Business Report Manufacturing Growth Nearly Halts in July By Ross Finley NEW YORK (Reuters) - U.S. manufacturing growth nearly ground to a halt in July, a report said on Thursday, showing the economy has cooled significantly from earlier this year

Credit market

2002-07-31 Thread pms
[anyone know what they mean in the last sentence, "reduced supply" of what? "wider spreads" with between corp bonds and treasuries? I just read today that spreads had tightened. I assume this announcement means the 30-yr will be back pretty soon. US Treasury has no plans to resume 30-yr bond;

Goldman makes large call buy ahead of upgrade in semis

2002-07-29 Thread pms
Optionetics Articles INDEX INTELLIGENCE: SMH-Suspicious Trading Surrounds Semi HOLDRS By Frederic Ruffy, Optionetics.com 7/29/2002 12:30:00 PM Sunday's New York Times ran an interesting story on the front page of the Monday & Business section ("Trust Shattered, Wall Street Can't Afford Coincid

"new international lending opportunities" for Sudan

2002-07-29 Thread pms
July 29, 2002 Peace in Sudan opens window of oil opportunities The Sudanese government and rebel groups in control of the country's south signed an interim deal last week that is hoped to bring an end to a 20-year civil war that has cost two million lives. Following the signing of the agreement,

US Energy companies due for wave of bankruptcies

2002-07-28 Thread pms
Debt fuels US gas and power bankruptcy fears By Julie Earle and Gary Silverman in New York and Sheila McNulty in Houston Published: July 28 2002 21:53 | Last Updated: July 28 2002 21:53 US and European banks and bondholders lent an estimated $500bn to the crippled US gas and power sector, new re

Re: Pope prays for peace in Iraq...

2002-07-27 Thread pms
Gee. Ya gotta wonder if this isn't why all those all-hot, all-the-time priests are suddenly in the news. It's not like the victimes of abuse have been listened to when they've spoken out in the past. Kinda reminds me of the of the Reparations for Blacks thing.. Been around for years I presume.

Dr. StrangeDick's Magic Band coming to your neighborhood.

2002-07-27 Thread pms
Is this the same Mellon-Scaife paper someone posted with that Vince Foster intrigue? I seem to see this Judicial Watch everywhere lately. From the right aren't they? I love the way they suddenly throw in troop movements and such, as though they had anything to do the deep penetration of dangero

Re: the great bet

2002-07-26 Thread pms
Isn't it too soon to say it was too low? - Original Message - From: Michael Perelman <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, July 26, 2002 12:42 PM Subject: [PEN-L:28556] the great bet > Some time ago, Mark Jones, who has not returned made a bet with Max that > the sto

Re: RE: Vandana Shiva

2002-07-26 Thread pms
Title: RE: Vandana Shiva Isn't this kinda related to a question I think should be put to US citizens, ie, who decided that it was a good idea to get rid of all those industrial jobs for better higher-value jobs.  Isn't that the argment and rational behind GATT, WTO and the who neo-lib economi

Citibank seeks control of Argentine newspaper

2002-07-26 Thread pms
Friday July 26, 12:07 pm Eastern Time Dow Jones Business News Citigroup Seeks Control Of Argentine Newspaper - Report BUENOS AIRES -(Dow Jones)- Citigroup Inc. (NYSE: C - News) 's Argentina unit wants a 58% stake in and management control of SA La Nacion in exchange for the $100 million in overd

GS props up IPO of insolvent Hong Kong bank

2002-07-26 Thread pms
Friday July 26, 6:02 am Eastern Time Reuters Company News Underwriters prop up Bank of China HK again on day two By Alison Leung and Bei Bei She (Recasts, adds analyst quotes- and updates share price) HONG KONG, July 26 (Reuters) - Underwriters battled to shore up sagging Bank of China Hong Kong

Re: RE: Brad DeLong still upbeat

2002-07-18 Thread pms
That whole Cisco thing,(build a network from E-bay) got me wondering if the big slow-down in tech/telecom spending didn't help companies like Cisco, in a way. How much worse would they have looked if the bottom hadn't fallen out and they got stuck with a bunch of old technology without that cover

N-L:28114] Investors make beeline for Bank of China's IPO

2002-07-17 Thread pms
But the Hong Kong bank and its underwriters are thinking big, having printed three million IPO share applications for the city of just 6.8 million, hoping to strike a populist chord among Hong Kong residents Since Nixon went to China I've been mulling the jealousy our totalitarians must feel for

NYPD go global

2002-07-16 Thread pms
NYPD may post detectives in Toronto Anti-terror initiative Michael Friscolanti National Post Tuesday, July 16, 2002 The Associated Press A New York Police Department officer stands guard after the Sept. 11 terrorist attacks. The NYPD may assign officers to Toronto, Israel and select European

Re: what if?

2002-07-15 Thread pms
Title: what if? One reason they can't say a word is because they didn't spend the last 20 years attacking "anti-Communism" for the manipulative political shaft that it was.   Social welfare should always be seen as justly deserved reparations, not humane crime control or whatever the apologet

Re: Citizen Spys

2002-07-15 Thread pms
Oops. - Original Message - From: pms <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, July 15, 2002 8:19 AM Subject: [PEN-L:28040] Citizen Spys > US planning to recruit one in 24 Americans as citizen spies > By Ritt Goldstein > July 15 2002 > > >

Citizen Spys

2002-07-15 Thread pms
US planning to recruit one in 24 Americans as citizen spies By Ritt Goldstein July 15 2002 http://smh.com.au/articles/2002/07/14/1026185141232.html The Bush Administration aims to recruit millions of United States citizens as domestic informants in a program likely to alarm civil liberties gro

Re: Protest in Nigeria

2002-07-14 Thread pms
Ah. Women. - Original Message - From: ken hanly <[EMAIL PROTECTED]> To: pen <[EMAIL PROTECTED]> Sent: Monday, July 15, 2002 2:24 AM Subject: [PEN-L:28036] Protest in Nigeria > Women hold 500 oil workers captive > Associated Press > > > Escravos, Nigeria - Unarmed village women holding 7

Re: Re: Re: Iraq

2002-07-14 Thread pms
How about, Even when Saddam had plenty of help from Cheney's buddy Jim Baker, he couldn't fight his way out of a paper bag, so why are we going to kill all those innocent people? - Original Message - From: Gar Lipow <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Sunday, July 14, 2002 8:

Pretty official looking long-term bear

2002-07-10 Thread pms
http://finance.yahoo.com/q?s=^IXIC&d=c&k=c1&a=v&p=s&t=my&l=on&z=m&q=l (either cut and paste or go to max for years on chart) I don't know nothin' 'bout no chart analysis, butjust from a lookin'-at perspective, this chart is way broke and if it was a stock it would be time to move out. P

Basle II

2002-07-08 Thread pms
Basle accord set to change banking landscape By James Mackintosh and Charles Pretzlik in London Published: July 8 2002 20:14 | Last Updated: July 8 2002 20:14 The small Swiss town of Basle will this week play host to what could go down in financial history as a momentous event: agreement in prin

Globalization: Less poverty, more equality

2002-07-07 Thread pms
Sunday July 7, 7:36 pm Eastern Time Reuters Business Report Globalization Has Helped Poor, Study Says By Jeremy Gaunt LONDON (Reuters) - Far from creating poverty as critics claim, rapid globalization of the world economy has sliced the proportion of abject poor across the planet, according to a

ECRI Inflation data

2002-07-07 Thread pms
U.S. FIG Jumps July 5, 2002 NEW YORK, July 5 (Reuters) - As the nation's manufacturing sector continues to emerge in June from a year-and-a-half-long slump, rising industrial commodities prices fueled a sharp increase in inflationary pressures, a report showed on Friday. The Economic Cycle Resea

Re: Re: Compound interest

2002-07-06 Thread pms
Boy ya'll are confusing. But speaking of interest rates, as I've been watching the rise in the price of gold over the last 14 months or so I've been thinking about why gold might rise, The conventional wisdom always brings up inflation(which btw zoomed in June according to a coupla indicators re

Re: Re: RE: Test, test, and a big smooch to LP

2002-07-05 Thread pms
So remind me, what is URPE, said she, the non-econ. - Original Message - From: Doug Henwood <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, July 05, 2002 12:52 PM Subject: [PEN-L:27625] Re: RE: Test, test, and a big smooch to LP > Davies, Daniel wrote: > > >Bonus points if yo

Re: Re: Slaughter of dead labour ("dead already but not again, yet.")

2002-07-05 Thread pms
The explosive aspect of the mess we're in would seem to come from the eventual dependence in their golden years of white dead labour on BOTH the surplus value and the cheap commodities produced by brown and yellow living labour in some exotic location. When the day comes they have to reenter the l

Re: RE: Test, test, and a big smooch to LP

2002-07-04 Thread pms
Thank you dd., but if you remember me from the Doug's La-Bo-sters, you should know that I don't know nothin' 'bout no Marxism. (just make up my own stuff) I did just spend a lovely hour touring Cuba with Lippman. - Original Message - From: Davies, Daniel <[EMAIL PROTECTED]> To: <[EMAIL P

Test, test, and a big smooch to LP

2002-07-04 Thread pms
Yo Eco-freaks. Am I here yet? smooches Paula