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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.16-4.2%Jan 16 9:30 AM EST

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To: pjd777 who wrote (18268)10/23/2000 2:39:22 AM
From: dwight martin  Read Replies (1) of 29987
 
Reading the linked article by George "Rising Gorge" Gilder reminds me of McLuhan thirty years ago, or Gingrich more recently. Smoke. Feather in his cap. Bullshit. Only occasional pieces of substance.

Let him stick to his knitting. For instance, calling a spectrum auction a "tax," when in reality it is a one-time payment for the sale to private persons of a public asset, is like calling the sale price for surplus federal land a "tax." Forgetting for a moment the Western state ninnies who feel that they should get all the federal land in their states for nothing, no one would argue that the federal government should give away what the public owns and may use to someone merely because the giveaway would occasion some new economic development.

So why should the spectrum (another public asset) be given away? If it is given away for nothing, I, as a representative US citizen, lose the potential right to use that spectrum as I see fit. Shouldn't I get something of value back? Don't tell me I will gain the right to use a cell phone, maybe I don't have one and don't want one.
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