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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.59

+0.3%

Jan 23 9:30 AM EST

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To: RetiredNow who wrote (62359)	11/7/2002 8:38:04 PM
From: TigerPaw	Read Replies (3) of 77400

We have to preserve the dream of becoming rich, while ensuring that the system isn't so completely rigged in favor of the rich. In engineering terms you are describing a negative feedback arrangement, an important tool for stability in an amplified system. Simply put, once someone becomes rich it becomes increasingly more difficult to become richer. The current scheme is a positive feedback system where the rich get power, exclusivity, and lower overhead. One of the most direct and easiest negative feedback systems to implement and maintain is a progressive income tax. There are other methods, but they get increasingly complicated and easier to cheat on. TP

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