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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 632.08+0.5%Nov 3 4:00 PM EST

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To: Fred Gohlke who wrote (743)6/3/2002 4:07:55 AM
From: Savant  Read Replies (1) of 840
 
OT-NYTimes Sunday ed.,has an article proposing the theory that white collar crime is increasing.
Maybe, maybe not.
In answer to item 1, it helps their relatives or beneficiaries maintain a higher standard of living, sometimes. If someone is truly creative, I have no problem with their having control for some long time over their work. There are examples where that right is abused.
re: 2, The trip is supposed to be work related, and no, I don't feel the spouse should be entitled to a deduction, unless involved in the business.
To the best of my recollection, business has always held sway over the laws and lives of the common person. Capitalism is based on the premise of taking more than you are giving...it's called profit, I believe.
Seems to be the best (most viable) system for large economies out there, however.
The profit factor leads to inflation which leads to periodic corrections. Might be one of the influences in that 55 yr cycle that fellow noticed.
S.
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