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Pastimes : THE COFFEE SHOP--A place to discuss Minute Subjects

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To: Mephisto who wrote (23271)8/23/1999 6:46:00 PM
From: Ish  Read Replies (1) of 24894
 
<<I don't believe government can commandeer the US's biotechnology market. If they tried, no one would invest in new products.>>

Yep, they can. Remember March, 1993. Hillary called the manager of the Clinton's "blind" trust and the trust went from 100% long to 100% short on bios? They next day Hillary announced that there would be an Executive Order regulating the price of new drugs. Investment in the bios dropped by 80% making money for the shorts. The EO never happened but .... it could.
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