[PEN-L:32861] Re: Re: Re: Re: 'Neill goes, Bono stays

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Both grandfathers made lots of $$$ working with the Nazis.  Ravi, what is
the law you mentioned a couple of days ago with respect to the Nazis and
discussion?

On Sat, Dec 07, 2002 at 01:07:06PM -0800, Eugene Coyle wrote:
> I think it can be said that Bush's money comes out of Wall Street before
> oil.  His grandfather, Prescott Bush was a partner (while in the Senate)
> at Brown Brothers Harriman, 59 Wall St., a commercial bank AND member of
> the NYSE.  Brown Brothers Harriman was, early in its life, an
> entreprenurial gang.  The Bush money (maternal as well) is Wall St. money.
>
> Doug Henwood wrote:
> > Chris Burford wrote:
> >
> >>  But what sector of capitalism did he represent if it was not finance
> >> capital?
> >
> >
> > Are you using this term in Hilferding's sense, as the unity of industry
> > and finance on the mystical model of the Holy Trinity? I don't think
> > things are so seamlessly joined. O'Neill came out of fairly traditional
> > heavy industry and always expressed hostility towards Wall Street - and
> > they returned the favor. They never trusted his dedication to a strong
> > dollar policy, one issue that divides manufacturers and financiers. Wall
> > Street wants a markets guy at Treasury - we'll see if they get what they
> > want.
> >
> > Doug
> >
> >
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx