Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.69

+0.6%

Nov 26 3:59 PM EST

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To: James R. Barrett who wrote (4952)	10/28/1999 10:49:00 PM
From: Demetre Deliyanakis	Read Replies (1) of 6439

There was an excellent editorial about the federal suit in The Economist magazine a few weeks ago. They said that the federal government actually benefits from smoking in two ways. (1)Smokers willlingly pay heavy taxes on the cigarettes that they buy. (2) Many smokers die before they are able to drain the medicare and social security system. They joked that MO should sue the government since the government is unfairly benefitting from the product they sell. I don't think the federal suit will get anywhere with an election next year. We need Bush to win as well as a republican controlled house.

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