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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 244.41

+0.6%

Nov 7 3:59 PM EST

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To: KeepItSimple who wrote (66060)	7/2/1999 12:27:00 PM
From: X Y Zebra	of 164684

I'm no economist, but i have friends who are and they are quick to point out that Alan Greenspan in his previous life was just a manager of a mediocre savings and loan bank. When he was appointed to his position, there really wasnt a huge importance placed upon it. Only with a mania-level stock market is this guy a celebrity.. Nobel prize winning economist he isnt.. <sigh>.... Keep at it Inspector Gadget, your list of er... well, Simple[ton] posts keeps growing... ____________ FYI.... "The world of antitrust is reminiscent of Alice's Wonderland: everything seemingly is, yet apparently isn't, simultaneously. It is a world in which competition is lauded as the basic axiom and guiding principle, yet "too much" competition is condemned as "cutthroat." It is a world in which actions designed to limit competition are branded as criminal when taken by businessmen, yet praised as "enlightened" when initiated by the government. It is a world in which the law is so vague that businessmen have no way of knowing whether specific actions will be declared illegal until they hear the judge's verdict -- after the fact. In view of the confusion, contradictions, and legalistic hairsplitting which characterize the realm of antitrust, I submit that the entire antitrust system must be opened for review." ....... "The entire structure of antitrust statutes in this country is a jumble of economic irrationality and ignorance" ~ Alan Greenspan. <in Chapter 4 of: "Capitalism, The Unknown Ideal" --Ayn Rand>

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