Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (8016)	8/30/2001 6:48:44 PM
From: Don Lloyd	Read Replies (1) of 74559

Maurice - ...I'm as anti-government as the best of them, but if it's a public resource [spectrum] then government is the owner of it. There is no reason public value should be transferred without full payment, at what the market will bear, to private hands.... I disagree. At most, the government should be a trustee, not a owner. While the auction may be perfectly fine as an allocation device, allowing the government to be the recipient of the proceeds without cutting tax rates in response, or at least being required to reduce borrowing or pay down debt, is a mistake. It is possible that this is happening by default, but my suspicion would be that the only reason that the proceeds wouldn't end up in new government spending is that the politicians haven't woken up yet. Regards, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next