[lbo-talk] Brenner quoted by JEC

Doug Henwood dhenwood at panix.com
Mon Jul 14 11:07:11 PDT 2003


A footnote in a new report by the U.S. Congress' Joint Economic Committee:


>"Between 1996 and 2000, [telecommunications firms] took on $800
>billion in bank debt and issued $450 billion in bonds.... In 2000,
>no fewer than six U.S. companies were building new, mutually
>competitive, nationwide fiber-optic networks. Hundreds more were
>laying down local lines and several were also competing on
>sub-oceanic links. All told, 39 million miles of fiber-optic line
>now crisscross the United States...." Robert Brenner, "Towards the
>Precipice," London Review of Books (February 6, 2003).

Don't they know he's a commie?

Doug



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