Re: [sixties-l] Re: Vietnam War Memorial

From: William Mandel (
Date: Mon Jun 19 2000 - 05:59:35 CUT

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    The greatest creation of capital in the history of the world has
    been in Silicon Valley in the past thirty years. That has been by
    people of the Vietnam generation, and in the last couple of
    elections they have jumped with both feet into national politics.
    However, the oil industry, which in capital now ranks below
    computers and dot.coms, has a longer and more ramified history of
    lobbying, bribing and the rest, and still governs policy in such
    respects as the endless punishment of Iraq, the extremely
    dangerous effort to take the Caspian oil fields away from Russia,
    which developed them, and the like.
                                    William Mandel

    monkerud wrote:
    > >Simply a matter of fact. The World War II generation is not in
    > >power. Neither Clinton nor Gore. Clinton is younger than you,
    > >Joe. There may still be a couple of WW II-age people on the
    > >Supreme Court, but a minority. Also a few Congressional Committee
    > >heads, very few. Likewise, industry and the banks and
    > >transportation and the army are all run by post-WW II people. Bill Mandel
    > While there was another post pointing out the WWII thinking and mind set
    > that continues to rule the country, there's another aspect that intrigues
    > me and someone must have done work on?
    > Some claim the economy is being run for the interest rates and stock market
    > capitalization and for dividends. The WWII generation is the one that
    > controls the wealth, although they are starting to die off and leave it to
    > their children. How much of the economic interests of the country is being
    > run to protect this wealth? To lead to a favorable climate so the interest
    > and dividend payments can keep the nest feathered? Or am I off base here?
    > best, Don Monkerud

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