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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: IceShark who wrote (32050)10/28/2000 1:02:43 PM
From: Perspective  Read Replies (2) of 436258
 
I suppose that wonderful idea comes from the Bush side. I've become so disillusioned with Federal politics that I pretty much have it on "ignore". While that might be a reasonable idea if instituted properly, it opens Pandora's box. And I certainly don't trust the Feds to implement something with that much potential for abuse responsibly. I think the biggest problem is that Wall Street clearly can't be trusted to manage increasing amounts of money responsibly. Throw in a flood like that and the rats will be running off with huge chunks of the flows.

I also don't like the idea of adding even more positive feedback to the economic system. The more positive feedback you add to a control system, the less stable it becomes, and the less correlation the output has to the inputs.

BC
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