From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Wed Sep 03 2003 - 17:22:54 EDT
Compiled by Les Schaffer on marxmail.org: Headlines in the last week: (mainly US news, how the rest of y'all making out???) 1.) Poverty levels are rising: Census Shows Ranks of Poor Rose by 1.3 Million By LYNETTE CLEMETSON WASHINGTON, Sept. 2 -- The number of Americans living below the poverty line increased by more than 1.3 million last year, even though the economy technically edged out of recession during the same period, a Census Bureau report shows. http://www.nytimes.com/2003/09/03/national/03CENS.html 2.) People are working longer hours: New Workplace, Old Fight Workers Struggle for Overtime Pay as Firms Seek to Boost Productivity While Cutting Costs By Kirstin Downey Washington Post Staff Writer Sunday, August 31, 2003; Page F01 http://www.washingtonpost.com/wp-dyn/articles/A2979-2003Aug30.html ... though our rulers say we are being more productive: Report Says U.S. Workers Top World's Productivity From Reuters U.S. workers topped the world's productivity for 2002, with annual output having risen much faster than in Europe and Japan in recent years, according to a United Nations study to be released today. http://www.latimes.com/la-fi-labor1sep01,1,2770358.story cf: http://www.nytimes.com/2003/09/02/business/02WIRE-MANU.html 3.) Meanwhile, emergency rooms, which are the frontline for health care of poor in this country (US), are being told they can turn people away (per Bush): http://www.nytimes.com/2003/09/03/politics/03HEAL.html ... While the EPA is allowing sale of PCB-tainted sites (per Bush): http://www.latimes.com/news/nationworld/nation/la-na-pcbs3sep03,1,5527177.story?coll=la-home-todays-times 4.) No-one in gov't or leaders of industry wants responsibility for power failures: Utilities Point Their Fingers at Each Other Over Blackout By MATTHEW L. WALD and CARL HULSE WASHINGTON, Sept. 2 -- Five electricity organizations involved in the Aug. 14 blackout have sent letters to the chairman of the House Energy and Commerce Committee seeking to implicate one another, to varying degrees, in the cascading failure. http://www.nytimes.com/2003/09/03/politics/03ENER.html cf. http://www.nytimes.com/2003/09/03/politics/03CND-ENER.html?hp 5.) All the while, the cappie class purports to clean a little laundry in public: Mutual Funds Allowed Fraudulent Trading, Spitzer Says By LANDON THOMAS Jr. Just six months after reaching a settlement with investment banks over tainted research, Eliot Spitzer, the New York attorney general, said today that major mutual fund companies had engaged in fraudulent after-market trading practices with privileged institutional investors. http://www.nytimes.com/2003/09/03/business/03CND-FUND.html?hp OKLAHOMA CITY -- Former WorldCom chief executive Bernie Ebbers pleaded innocent today to the first criminal charges brought against him in the long-distance company's $11 billion accounting scandal. http://www.latimes.com/business/la-090303ebbers_wr,1,162027.story?coll=la-home-leftrail Energy Dept. Probing Jump in Gasoline Prices By REUTERS Filed at 2:01 p.m. ET WASHINGTON (Reuters) - The U.S. Energy Department is investigating a recent spike in gasoline prices to a record high, Energy Secretary Spencer Abraham said on Wednesday. http://www.nytimes.com/reuters/news/usreport-energy-gasoline-price.html 6.) Bush pretends to be an internationalist: Powell: U.S. to introduce U.N. resolution Proposes U.N.-sponsored force under U.S. command Wednesday, September 3, 2003 Posted: 2:08 PM EDT (1808 GMT) http://www.cnn.com/2003/WORLD/meast/09/03/sprj.irq.main/index.html Poland Takes Control in Central Iraq By REUTERS Filed at 4:31 a.m. ET BABYLON, Iraq (Reuters) - U.S. Marines handed over control of a patch of central Iraq on Wednesday to a Polish-led multinational force in a ceremony in ancient Babylon. 7.) And finally, what can one say???: "Things are getting better," Mr. Bush told a subdued crowd here. quoted in: Bush Defends Tax Cuts and Announces Jobs Post By DAVID E. SANGER RICHFIELD, Ohio, Sept. 1 -- Since the last time President Bush addressed a Labor Day picnic -- with carpenters in Pennsylvania -- the economy has lost 700,000 jobs, most of them in manufacturing. http://www.nytimes.com/2003/09/02/politics/02BUSH.html les schaffer
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