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<channel>
	<title>Salon.com > David Moberg</title>
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	<link>http://www.salon.com</link>
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		<title>Divorce, labor style</title>
		<link>http://www.salon.com/2005/07/26/labor_split/</link>
		<comments>http://www.salon.com/2005/07/26/labor_split/#comments</comments>
		<pubDate>Tue, 26 Jul 2005 16:30:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[The Labor Movement]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2005/07/26/labor_split</guid>
		<description><![CDATA[The breakup of the AFL-CIO may turn out to be a good thing, especially for workers.]]></description>
			<content:encoded><![CDATA[<p>With the Service Employees and Teamsters unions leaving the AFL-CIO at its convention in Chicago on Monday, taking away nearly a quarter of the federation's members and dues, the months-long debate over strategy for the labor movement finally turned into a full-fledged fracture. Two other unions are boycotting the 50th anniversary of the labor federation's founding merger, and there's a good chance for at least two more defections from the federation in the coming months. </p><p> As one of their major constituencies unravels, Democratic politicians are worried -- and with good reason. But even if it's obviously not good news for Democrats, the split might turn out to be a manageable problem, maybe even delivering some benefits in the long run. </p><p> The initial anxiety is well founded, however. Unions lopsidedly support Democratic candidates with money, troops for the political ground war and votes. Although only 13 percent of America's workforce are union members, exit polls showed that 24 percent of voters in the last election came from union households. And polls taken for the AFL-CIO, still the umbrella federation of most unions, showed union members to be far more Democratic than comparable voters with a similar profile -- even those members who were white males, gun owners and regular churchgoers. </p><p><a href="http://www.salon.com/2005/07/26/labor_split/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Battleground: Iowa</title>
		<link>http://www.salon.com/2004/10/26/iowa_18/</link>
		<comments>http://www.salon.com/2004/10/26/iowa_18/#comments</comments>
		<pubDate>Tue, 26 Oct 2004 20:51:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
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		<category><![CDATA[2004 Elections]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2004/10/26/iowa</guid>
		<description><![CDATA[They sparked Kerry's comeback in the primary season. Will Hawkeye State voters now put him in the White House?]]></description>
			<content:encoded><![CDATA[<p>Lloyd Pratt, owner of a fledgling Web design business, feels no affinity to either political party. At age 38, he has never voted before. But this year? "Most definitely, oh yes," he said, pausing from repair work on his home in a modest neighborhood of this Mississippi River town. "I totally disagree with the way Bush has managed our country." </p><p>Pratt, wearing a black Harley-Davidson T-shirt, ticked off a litany of reasons for his decision to plunge into electoral politics. First, he objects to the war in Iraq, undertaken simply to avenge President Bush's father, he believes. "Bush lied to the country and killed thousands, and nobody is talking of impeachment?" he said incredulously. "In my opinion, it's murder. He should have gone after the person who attacked our country." And by spending money on the war, Pratt said, the government has neglected needs at home, like healthcare. His wife, who runs her own small business, has had cancer, and neither can afford health insurance. Now they also worry about paying rising heating bills as winter approaches. The Bush tax cuts "didn't do me a lick of good," Pratt said, and Bush's "trickle-down" economic policies have meant that "it's impossible for us to operate our businesses. Nobody wants to spend money on new products." </p><p><a href="http://www.salon.com/2004/10/26/iowa_18/">Continue Reading...</a></p>]]></content:encoded>
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		<title>On, Wisconsin!</title>
		<link>http://www.salon.com/2004/10/07/wisconsin_8/</link>
		<comments>http://www.salon.com/2004/10/07/wisconsin_8/#comments</comments>
		<pubDate>Thu, 07 Oct 2004 21:34:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2004 Elections]]></category>
		<category><![CDATA[Wisconsin]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2004/10/07/wisconsin</guid>
		<description><![CDATA[The election ground game in the Badger State is a grinding door-to-door battle for every vote. 
]]></description>
			<content:encoded><![CDATA[<p>In the presidential battleground state of Wisconsin, West Allis is a political free-fire zone where a guerrilla campaign is being waged house to house. In this old, inner-ring suburb of Milwaukee, George W. Bush beat Al Gore in 2000 by just 184 votes out of 29,050 cast -- and some precincts were split precisely in half. West Allis is still starkly divided, and no issue is more divisive than the war in Iraq. </p><p>The suburb's residents are largely aging, white, working- and middle-class families, many of whom have bumped through long layoffs and wrenching job changes as global economic forces and unsupportive public policies have roiled the highly skilled manufacturing industries of southeast Wisconsin. While their economic interests and worries may tilt them toward the Democrats, concern about taxes, social conservatism (especially opposition to abortion) and now anxieties about war or terrorism tilt many to the Republicans. </p><p><a href="http://www.salon.com/2004/10/07/wisconsin_8/">Continue Reading...</a></p>]]></content:encoded>
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		<title>In Ohio, the war has already begun</title>
		<link>http://www.salon.com/2004/03/02/ohio_9/</link>
		<comments>http://www.salon.com/2004/03/02/ohio_9/#comments</comments>
		<pubDate>Tue, 02 Mar 2004 01:16:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2004 Elections]]></category>
		<category><![CDATA[Dennis Kucinich, D-Ohio]]></category>
		<category><![CDATA[Gay Marriage]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[John Edwards]]></category>
		<category><![CDATA[John F. Kerry, D-Mass.]]></category>
		<category><![CDATA[U.S. Economy]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2004/03/01/ohio</guid>
		<description><![CDATA[Super Tuesday might not bring much drama in the Buckeye state, but labor and other groups are mobilized for a fierce fight to defeat President Bush in November.]]></description>
			<content:encoded><![CDATA[<p> One clue to the outcome of the November presidential election could be found last Thursday afternoon on the east side of downtown Cleveland, in the windowless cubicle of a modest blue and gray storefront just across from the Board of Elections building. There were eight union members sitting in front of computers and telephone auto-dialers, talking into their headsets as they urged fellow unionists to vote for John Kerry in Tuesday's primary election. But the significance of this operation was not so much its boost for Kerry as what it reveals about a much broader campaign -- extending beyond the labor movement -- to block President George W. Bush from winning a second term no matter who the Democratic candidate might be. </p><p>Though Kerry and Sen. John Edwards will fight it out in a dozen states in this week's Super Tuesday presidential primaries, there's little drama in the vote. <a target="new" href=http://quote.bloomberg.com/apps/news?pid=10000103&sid=aymRI8WabWHM&refer=us>Polls</a> show Kerry leading his main challenger by 20 points or more in Ohio, California and New York. Far from being complacent, though, many here are already locked on to the fall campaign, certain that Ohio will be one of a handful of battleground states that could, in the end, determine the outcome of the race. </p><p><a href="http://www.salon.com/2004/03/02/ohio_9/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Big wins, hidden dangers</title>
		<link>http://www.salon.com/2004/02/08/michigan_8/</link>
		<comments>http://www.salon.com/2004/02/08/michigan_8/#comments</comments>
		<pubDate>Sun, 08 Feb 2004 18:33:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2004 Elections]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[Howard Dean]]></category>
		<category><![CDATA[John Edwards]]></category>
		<category><![CDATA[John F. Kerry, D-Mass.]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2004/02/08/michigan</guid>
		<description><![CDATA[John Kerry dominated Michigan and Washington on Saturday. But will it be possible to please both big industrial unions and environmentalists?]]></description>
			<content:encoded><![CDATA[<p>A steady stream of Democrats flowed into the caucus sites in Greenville, Mich., on Saturday, and when the polls had closed, the voters in this economically anxious small town of north central Michigan shared the strong consensus of voters from all parts of the state: Massachusetts Sen. John Kerry would be the best candidate to take on President George W. Bush in the fall. </p><p>"There were lots of anti-Bush comments and anger all day," said the Rev. Vince Lavieri, chairman of the party in Montcalm County, where Greenville is located. "But everybody seemed upbeat. They seemed to be thinking, now we're getting this process going. We're beginning to do something." Defeating Bush was clearly that something. </p><p>Yet as Kerry's solid victories in the caucuses in both Michigan and Washington consolidated his front-runner position, some political analysts worried that Kerry's support might prove to be a bubble that could be pricked, much like Howard Dean's early support, and that the damage might come after the primary season. Most voters are not very familiar with Kerry or his record, and the accelerated primary schedule and absence of a stiff challenge from a single leading opponent have let Kerry through without the kind of tough review that could test whether he really is the strongest candidate. </p><p><a href="http://www.salon.com/2004/02/08/michigan_8/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Michigan: Bad news for Bush</title>
		<link>http://www.salon.com/2004/02/08/michigan_9/</link>
		<comments>http://www.salon.com/2004/02/08/michigan_9/#comments</comments>
		<pubDate>Sun, 08 Feb 2004 00:22:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2004 Elections]]></category>
		<category><![CDATA[Dennis Kucinich, D-Ohio]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[Howard Dean]]></category>
		<category><![CDATA[John F. Kerry, D-Mass.]]></category>
		<category><![CDATA[U.S. Economy]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2004/02/07/michigan</guid>
		<description><![CDATA[The economy of Greenville, Mich., will be devastated when a big refrigerator factory moves to Mexico. Now residents here are getting ready to express their fear and anger at the polls.]]></description>
			<content:encoded><![CDATA[<p>The big election-year question for voters in this charming little town of 8,000 in north central Michigan was posed last year -- on Oct. 21, to be exact. That's when Electrolux announced that it would close the refrigerator factory that had been the mainstay of the local economy since 1877 and move its operations to Mexico. As a result, most of the plant's 2,700 workers would lose their jobs. </p><p>Until then, many local Democrats had been focused on the war in Iraq and the failure to find weapons of mass destruction, explains the Rev. Vince Lavieri, chair of the Montcalm County Democratic Party. But after the announcement, that changed, Lavieri says. "Everyone began thinking: Where am I going to find work?" </p><p>With the economy and the "jobless recovery" topping concerns of voters nationwide, it's no surprise that Michigan Democrats heading to their caucus polling sites this Saturday are overwhelmingly focused on their economic future. After all, Michigan is tied with Oregon for the second highest unemployment rate (7.2 percent, compared with 5.7 percent nationally), and the state has lost more than 300,000 jobs -- including nearly 200,000 in its crucial manufacturing sector -- over the past three years. This is a huge reversal from the late 1990s, when Michigan was actually adding substantial numbers of highly skilled, decently paid manufacturing jobs, and its jobless rate was well below the national average. </p><p><a href="http://www.salon.com/2004/02/08/michigan_9/">Continue Reading...</a></p>]]></content:encoded>
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		<title>The great left hope?</title>
		<link>http://www.salon.com/2003/10/18/kucinich_11/</link>
		<comments>http://www.salon.com/2003/10/18/kucinich_11/#comments</comments>
		<pubDate>Sat, 18 Oct 2003 18:54:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2004 Elections]]></category>
		<category><![CDATA[Democratic Party]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2003/10/18/kucinich</guid>
		<description><![CDATA[Many progressives are praising Dennis Kucinich for saying all the right things -- and then they're backing other Democrats. But the Cleveland populist says he's running to win.]]></description>
			<content:encoded><![CDATA[<p>Rep. Dennis Kucinich caught presidential fever about 20 months ago. He had quickly written an impassioned speech, "A Prayer for America," about the evils of the Bush administration and his own hopes for the nation, which he gave to a conference of the Southern California Americans for Democratic Action. Without his knowledge, ADA leader Lila Garrett began circulating the speech on the Internet. Within weeks Kucinich received more than 25,000 enthusiastic e-mails. Last February, precisely a year and many speeches later, he initiated his presidential campaign at a labor union conference in Iowa, promising to deliver "a government you can call your own, a people's government, a workers' White House." </p><p> This week, with more attention to his Cleveland roots in a poor, transient, blue-collar family, he gave speeches relaunching his campaign with an equally undiluted progressive message as he flew around the country. </p><p><a href="http://www.salon.com/2003/10/18/kucinich_11/">Continue Reading...</a></p>]]></content:encoded>
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		<title>No more street fighting man</title>
		<link>http://www.salon.com/2001/09/21/globalization/</link>
		<comments>http://www.salon.com/2001/09/21/globalization/#comments</comments>
		<pubDate>Fri, 21 Sep 2001 19:34:00 +0000</pubDate>
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		<guid isPermaLink="false">http://www.salon.com/news/feature/2001/09/21/globalization</guid>
		<description><![CDATA[In the wake of the terrorist attacks, the anti-globalization movement is trying to rein in violence -- and preparing for a hard road ahead]]></description>
			<content:encoded><![CDATA[<p>The terrorist attacks last week that ripped apart the lives of thousands of people, New York's financial center, the U.S. economy and Americans' sense of security have done collateral damage in an unexpected place: the anti-globalization struggle. </p><p>As the third hijacked plane plowed into the Pentagon, spokespeople for a broad coalition of corporate globalization critics were preparing for a press conference to formally announce a week of protests during the World Bank and International Monetary Fund meetings in the last week of September. The groups involved -- drawn from labor, environmental, religious, world anti-poverty and anti-corporate movements, including the AFL-CIO, Friends of the Earth, Oxfam, Rainbow Coalition, Feminist Majority and dozens of others -- had planned to detail their demands, including canceling the debts of poor countries, fully funding international efforts against AIDS and blocking "fast track" trade-negotiating authority for President Bush. </p><p><a href="http://www.salon.com/2001/09/21/globalization/">Continue Reading...</a></p>]]></content:encoded>
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		<title>The real enemies of the poor</title>
		<link>http://www.salon.com/2001/07/23/genoa/</link>
		<comments>http://www.salon.com/2001/07/23/genoa/#comments</comments>
		<pubDate>Mon, 23 Jul 2001 23:46:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[Globalization]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2001/07/23/genoa</guid>
		<description><![CDATA[G-8 defenders tried to depict Genoa protesters as affluent and out of touch, but the anti-globalization movement is wringing aid out of rich nations -- over Bush's shameful objections.]]></description>
			<content:encoded><![CDATA[<p>The needless point-blank police shooting of a protester was not the only outrageous official act as the leaders of the world's seven rich countries (plus Russia) met in Genoa, Italy, over the weekend. In a cynical ploy aimed at buttressing their own crumbling credibility and at isolating the growing ranks of protest against the emerging global economy, the leaders pretended that they were the champions of the world's poor, fighting on their behalf against the 50,000 to 100,000 people in the streets who were the real enemies of the poor. </p><p> "For those who want to shut down trade," Bush said before the G-8 meetings, obviously alluding to the expected protesters, "I say you are hurting poor countries." Echoing the theme, Thomas Friedman, the New York Times cheerleader for globalization, <a target="new" href="http://www.nytimes.com/2001/07/20/opinion/20FRIE.html">tried to divide the protesters</a> into two camps, one composed of anarchists and Marxists along with naive students duped by "protectionist" trade unions who simply oppose globalization, and another made up by environmentalists, anti-poverty groups and others who "understand that globalization, properly managed, can be the poor's best ladder out of misery." </p><p><a href="http://www.salon.com/2001/07/23/genoa/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Will free trade kill democracy?</title>
		<link>http://www.salon.com/2001/04/23/quebec_2/</link>
		<comments>http://www.salon.com/2001/04/23/quebec_2/#comments</comments>
		<pubDate>Mon, 23 Apr 2001 12:50:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
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		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2001/04/23/quebec</guid>
		<description><![CDATA[Thousands of protesters send out an SOS in Quebec: Governments are giving corporations free rein  to negotiate a hemispheric trade pact.]]></description>
			<content:encoded><![CDATA[<p>The capital's old walled city on a rocky bluff above the St. Lawrence River has long been a magnet for tourists, but the tourist attraction this weekend was a new wall. It's a two-and-a-half-mile, 10-foot-high chain-link fence that slashes through the old city and surrounds the Summit of the Americas, a gathering of 34 heads of state in the Western Hemisphere (excluding only Fidel Castro of Cuba). </p><p>The leaders came here to negotiate the <a href="/news/feature/2001/04/20/ftaa/index.html">Free Trade Area of the Americas</a> -- an agreement that would lift protections and tariffs on imports and exports among just about every country between Canada and Argentina, creating the world's largest free-trade zone. Wrapping up on Sunday a meeting that was more pomp than circumstance, they agreed to proceed with FTAA negotiations on schedule -- not at the accelerated pace President Bush had hoped for -- and to require that countries participating in future summits be democratic. But the real focus this weekend was on how well the anti-globalization movement has aged since its dramatic debut in Seattle less than two years ago. </p><p><a href="http://www.salon.com/2001/04/23/quebec_2/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Everything you know about the new economy is wrong</title>
		<link>http://www.salon.com/2000/10/26/wages/</link>
		<comments>http://www.salon.com/2000/10/26/wages/#comments</comments>
		<pubDate>Thu, 26 Oct 2000 08:00:00 +0000</pubDate>
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				<category><![CDATA[News]]></category>
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		<category><![CDATA[California]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[The Labor Movement]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2000/10/26/wages</guid>
		<description><![CDATA[In California, birthplace of the high-tech boom, the wage gap is growing, setting yet another national trend.]]></description>
			<content:encoded><![CDATA[<p><a href="/directory/topics/silicon_valley/">Silicon Valley</a> is home to some 65,000 millionaires, plus a bumper crop of billionaires. It's one of the richest regions in the country, and a driving force behind the nation's record economic boom. But it's also the setting for a vexing national conundrum: The gap between rich and poor is growing, and nowhere faster than in California, birthplace of the new economy. </p><p>Even if families work hard at multiple jobs, they often have a hard time making ends meet -- especially after paying for high-cost housing. Technology drives the area's economy, but the industry leaves many people behind. </p><p>Concepcion Garay, 49, lives in Silicon Valley. After 21 years of working in the factories of companies like Control Data, Sperry Univac, Amdahl and Fuji Optical -- most of which moved to Asia or Mexico -- she's now working for $8.40 an hour as a home healthcare aide. It's less than she was making years ago in the factory -- despite the big boost in pay and benefits that came after she and fellow aides organized into a union. </p><p><a href="http://www.salon.com/2000/10/26/wages/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Silencing Joseph Stiglitz</title>
		<link>http://www.salon.com/2000/05/02/stiglitz/</link>
		<comments>http://www.salon.com/2000/05/02/stiglitz/#comments</comments>
		<pubDate>Tue, 02 May 2000 16:00:00 +0000</pubDate>
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		<guid isPermaLink="false">http://www.salon.com/news/feature/2000/05/02/stiglitz</guid>
		<description><![CDATA[The World Bank cuts its ties to the economist who became an unlikely hero to world trade protesters.]]></description>
			<content:encoded><![CDATA[<p><b>A</b>fter World Bank chief economist Joseph Stiglitz quit his job last November in order to speak more openly about his disagreements with policies of the bank and the International Monetary Fund, the bank still retained the distinguished economist as a special advisor to  president James D. Wolfensohn.</p><p>But Stiglitz's criticism finally proved too much for the powerful global financial institutions, especially after they endured raucous protests last month at their spring meetings.  Last week, even as he was traveling to drought-stricken Ethiopia on a bank mission and his replacement had not yet taken office, the World Bank announced that he would no longer serve as special advisor.</p><p>Defenders of the IMF and World Bank could denigrate the credentials of some protesters, but it has been hard to attack the widely published former Stanford professor who also served as chairman of President Clinton's Council of Economic Advisors. His candor made him an unlikely intellectual guru to the world trade protest movement.  But while his criticism enhanced the credibility of the protesters, it also prompted new pressure -- some of it from the U.S.  Treasury Department -- to quiet him, he told Salon, even as the global financial institutions were promising critics they would be more open and transparent.</p><p><a href="http://www.salon.com/2000/05/02/stiglitz/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Carrying justice</title>
		<link>http://www.salon.com/2000/03/01/deathpenalty/</link>
		<comments>http://www.salon.com/2000/03/01/deathpenalty/#comments</comments>
		<pubDate>Wed, 01 Mar 2000 17:00:00 +0000</pubDate>
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				<category><![CDATA[Arts]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Academia]]></category>
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		<category><![CDATA[College]]></category>
		<category><![CDATA[Hurricanes]]></category>
		<category><![CDATA[Natural Disasters]]></category>

		<guid isPermaLink="false">http://www.salon.com/books/it/2000/03/01/deathpenalty</guid>
		<description><![CDATA[Why is the job of overturning wrongful death penalty convictions being left
to a handful of students and academics?]]></description>
			<content:encoded><![CDATA[<p><b>M</b>erely finishing college or graduate school is enough of an accomplishment for most students.  Now a very few can also claim their studies helped to save someone's life. In recent years, students in a handful of law school and journalism programs have dug into potential miscarriages of justice, not only freeing innocent people from death row, but also altering the climate of public opinion.  If it weren't for the hard work of a small group of academics and their students, the governor of Illinois might not have declared his recent moratorium on executions in the state.  That suspension has catalyzed proposals for a halt to executions in other states and at the federal level, as America begins to rethink its nearly quarter-century-old resurrection of the death penalty and the human price of tough-on-crime politics.</p><p>The Illinois moratorium, imposed by Republican Gov. George Ryan at the end of January, largely resulted from the extraordinary exoneration of 13 men sentenced to die after Illinois reinstituted the death penalty in 1977. (It had been invalidated in 1972 as a result of a United States Supreme Court decision in a Georgia death case.)  During the same period, 12 men were executed. All 13 overturned convictions resulted from campaigning by people outside the criminal justice system, with seven cases involving academic and student investigators.</p><p><a href="http://www.salon.com/2000/03/01/deathpenalty/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Second-guessing the Fed</title>
		<link>http://www.salon.com/2000/01/25/stocks/</link>
		<comments>http://www.salon.com/2000/01/25/stocks/#comments</comments>
		<pubDate>Tue, 25 Jan 2000 17:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[U.S. Economy]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/2000/01/25/stock</guid>
		<description><![CDATA[Why should people who never benefited from the stock market boom pay the price for its having gotten out of hand?]]></description>
			<content:encoded><![CDATA[<p><b>I</b>t's hard to find any expert who doesn't think the Federal Reserve will raise interest rates slightly when it meets next week. It is harder still to find agreement on why the Fed should make that move. After all, the core inflation rate in December -- one-tenth of a percent -- was the lowest in a generation. Besides, the nation's central bankers usually ratchet up the cost of borrowing to control or even to try to head off inflation.</p><p>The economy's problem isn't inflation in general, but prices could be out<br />
of control in one sector: the stock market. If that's true, it makes sense for the Fed to try policies that more precisely dampen the "irrational exuberance" of some stock speculators, rather than end the good times just when more people are beginning to feel the benefit. One place to start: Make it harder to borrow money to speculate on stocks by raising what's called the margin requirement.</p><p>Nobody knows the mixture of mania and solid performance that underlies the stock market. But there's reason to be concerned about whether the boom will continue when people start to borrow heavily to buy shares in the expectation that the market will keep rising indefinitely, then using their stock gains to underwrite more borrowing and buying, which in turn drives up the market. Such borrowing "on margin" helped to fuel the rise and crash of the stock market in the 1920s.</p><p><a href="http://www.salon.com/2000/01/25/stocks/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Bare breasts, green condoms and rubber bullets</title>
		<link>http://www.salon.com/1999/12/01/wtoprotest/</link>
		<comments>http://www.salon.com/1999/12/01/wtoprotest/#comments</comments>
		<pubDate>Wed, 01 Dec 1999 14:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/12/01/wtoprotest</guid>
		<description><![CDATA[The WTO has united labor and the radical, countercultural left in a way the anti-war movement never could.]]></description>
			<content:encoded><![CDATA[<p><b>U</b>nited Steelworkers of America secretary-treasurer Leo Girard was busy explaining to a group of foreign delegates to the <a href="/news/feature/1999/11/29/wto/index.html">World Trade Organization</a> why they couldnt get through the human blockade of protesters sitting in and milling about the streets of Seattle. "Were starting the revolution in America here today," he explained matter-of-factly, a big smile beneath his moustache.</p><p>It was easy to understand the hyperbole as the <a href="/news/feature/1999/11/30/protest/index.html">protests</a> unfolded Tuesday morning, preventing the opening of formal WTO activities. Ten years ago, who would have thought that Teamsters and kids in dreadlocks would be marching together, let alone under the banner of "fair trade"? The WTO has united labor and the radical, countercultural left in a way the anti-war movement never could.</p><p>Things turned uglier Tuesday night, when police charged protesters who refused to disperse after Mayor Paul Schell declared a 7 p.m. to dawn curfew in the city. Many of the trained non-violent protesters and labor activists who'd descended on Seattle had left for dinner, or a well-attended WTO debate featuring Ralph Nader.</p><p><a href="http://www.salon.com/1999/12/01/wtoprotest/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Everything you need to know about the WTO</title>
		<link>http://www.salon.com/1999/11/29/wto/</link>
		<comments>http://www.salon.com/1999/11/29/wto/#comments</comments>
		<pubDate>Mon, 29 Nov 1999 18:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[2000 Elections]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/11/29/wto</guid>
		<description><![CDATA[While thousands of protesters gather outside, there&#039;s plenty of disagreement inside, too.]]></description>
			<content:encoded><![CDATA[<p><b>A</b>ll this week, <a href="/news/feature/1999/11/30/protest/index.html">protesters</a> will besiege the World Trade Organization with<br />
rallies, marches, teach-ins, street theater and civil disobedience as the<br />
top trade officials from its 134 member countries meet in Seattle. But while the conflict<br />
outside the meeting may be more entertaining, there is plenty of division within the group, which has become the main global body promoting and enforcing<br />
free trade rules. And some of the arguments inside the WTO mirror those<br />
being made on the streets.</p><p>The WTO is under wide-ranging attack for <a href="/news/col/cona/1999/11/30/labor/index.html">sins of omission and commission</a> -- from<br />
neglecting poor countries and worker rights to endangering old forests and<br />
sea turtles and trampling on democracy. But there's serious disagreement  on a wide range of issues among WTO member countries themselves. Despite months of talks at the WTO's sedate headquarters in Geneva, leaders could not agree on a pre-conference statement of intentions for a new round of negotiations to reduce tariffs and change trading rules, for instance. Now even this new round of talks -- which the big economic powers all endorse in some form -- is in jeopardy.</p><p><a href="http://www.salon.com/1999/11/29/wto/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Workers vs. WTO</title>
		<link>http://www.salon.com/1999/11/16/china_9/</link>
		<comments>http://www.salon.com/1999/11/16/china_9/#comments</comments>
		<pubDate>Tue, 16 Nov 1999 17:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Al Gore]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Democratic Party]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/11/16/china</guid>
		<description><![CDATA[Will China&#039;s entry into the World Trade Organization soften labor support for Al Gore&#039;s presidential bid?]]></description>
			<content:encoded><![CDATA[<p><b>T</b>he tentative trade agreement forged over the weekend between China and the<br />
United States is likely to pave the way for China's entry into the World<br />
Trade Organization, but not without lots of gnashing of teeth and shedding of<br />
political blood beforehand.</p><p>The deal, on the basis of preliminary information, opens up market<br />
opportunities for U.S. high-technology and business consulting firms as well<br />
as American agriculture on terms that appear slightly improved from those<br />
the Clinton administration rejected last spring.   With those concessions in<br />
hand, the Clinton administration can more easily ask Congress to OK<br />
China's entry into the WTO, thereby granting China the equivalent of<br />
permanent "most favored nation" (MFN) status.</p><p>Most business groups applauded the deal and the prospect of China entering the<br />
WTO.  Peter Morici, senior fellow at the Economic Strategy Institute, a<br />
think tank that promotes the interest of American export firms, argued that<br />
the trade deal "should create many more opportunities for Americans than for<br />
Chinese," especially in high technology, logistics, software, business and<br />
legal consulting, and telecommunications services.</p><p><a href="http://www.salon.com/1999/11/16/china_9/">Continue Reading...</a></p>]]></content:encoded>
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		<title>But does it matter?</title>
		<link>http://www.salon.com/1999/10/14/labor/</link>
		<comments>http://www.salon.com/1999/10/14/labor/#comments</comments>
		<pubDate>Thu, 14 Oct 1999 17:10:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Al Gore]]></category>
		<category><![CDATA[Democratic Party]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/10/14/labor</guid>
		<description><![CDATA[Al Gore gets the nod from the AFL-CIO. But will it translate into strong support from the union rank and file?]]></description>
			<content:encoded><![CDATA[<p><b>W</b>hen Steelworkers President George Becker arrived here for the biennial convention of the AFL-CIO, he remained<br />
undecided about whether to join a growing number of fellow labor leaders<br />
in endorsing Al Gore for president.</p><p>"Nobody has had more problems with trade than the Steelworkers union,"<br />
lamented Becker, a tenacious and intense crusader on behalf of industrial<br />
workers. Becker had been deeply disappointed with the Clinton<br />
administration's policies on trade. He would have been a strong supporter of<br />
House Minority Leader Dick Gephardt if he had decided to run, but despite a<br />
half-dozen meetings with the vice president in recent months, Becker had<br />
not been persuaded by Gore's labor pitch. "We were prepared to sit this one<br />
out," Becker said. "That's not my nature or the Steelworkers' nature."</p><p><a href="http://www.salon.com/1999/10/14/labor/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Puffy and the pontiff</title>
		<link>http://www.salon.com/1999/10/09/jubilee/</link>
		<comments>http://www.salon.com/1999/10/09/jubilee/#comments</comments>
		<pubDate>Sat, 09 Oct 1999 16:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Bill Clinton]]></category>
		<category><![CDATA[Bono]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/10/09/jubilee</guid>
		<description><![CDATA[A worldwide movement to wipe out debt for poor countries is getting some star-studded support this weekend.]]></description>
			<content:encoded><![CDATA[<p><b>A</b>mid the current budget showdown in Congress, Republicans and Democrats are finding little common ground. Yet for all their tooth-and-nail scrapping over domestic priorities and overall lack of interest in spending to help foreign countries, there's a very good chance that they will reach agreement on one surprising initiative -- allocating nearly $1 billion to reduce or write off debts owed by some of the world's poorest countries.</p><p>The idea has caught hold with some of the most conservative members of Congress as well as with the most liberal. Much of the credit goes to a loosely knit, grass-roots global campaign based primarily in churches and anti-poverty groups.</p><p>Operating under the banner of Jubilee 2000 -- recalling religious traditions of "jubilee" years when debts are wiped out -- these citizen campaigns have argued that enforcing payment of the heavy debts of very poor countries is immoral. In many cases the debts were incurred by illegitimate governments, like Mobutu's dictatorship in Zaire or South Africa's apartheid regime, and they are paid at a price of great human suffering by people who never benefited from them. They argue that it's bad economics. There is no way that countries can grow or reduce poverty if they are sending so much of their income -- typically 30 percent of the national budget -- to rich creditors. Finally, nearly everyone realizes that the debts are not collectable. If the countries were businesses, they would have declared bankruptcy years ago, and creditors would have written off the loss.</p><p><a href="http://www.salon.com/1999/10/09/jubilee/">Continue Reading...</a></p>]]></content:encoded>
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		<title>Capital crusader</title>
		<link>http://www.salon.com/1999/09/25/imf/</link>
		<comments>http://www.salon.com/1999/09/25/imf/#comments</comments>
		<pubDate>Sat, 25 Sep 1999 16:00:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://www.salon.com/news/feature/1999/09/25/imf</guid>
		<description><![CDATA[The World Bank&#039;s Joseph Stiglitz is articulating a new philosophy for global economic reform, and ruffling feathers at the International Monetary Fund.]]></description>
			<content:encoded><![CDATA[<p><b>S</b>ince their inception in the waning days of World War II, the World Bank and the International Monetary Fund have served as the fraternal twins of global finance. They were supposed to work hand-in-hand but with separate tasks -- the IMF to stabilize short-term currency crises, the Bank to spur economic development in poor countries. As they convene for their annual meeting in Washington this weekend, however, the twin institutions are showing signs of disagreement with one another, discreetly squabbling over their management of the world economy.</p><p>The string of economic crises over the past two years in Asia, Russia and Brazil pushed the IMF into the spotlight and provoked waves of criticism, not simply from angry workers and students in the streets of some crisis countries but also from high-powered economists -- like Jeffrey Sachs at Harvard and Paul Krugman at MIT -- think tanks on both the left and right and nongovernmental watchdog groups.  Even more surprising, criticism also came from the World Bank itself, especially senior vice president and chief economist Joseph Stiglitz.</p><p><a href="http://www.salon.com/1999/09/25/imf/">Continue Reading...</a></p>]]></content:encoded>
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