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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (47466)	4/2/2003 4:34:54 PM
From: Larry S.	Read Replies (1) of 53068

tobacco money: Altria's current plight, rife with irony and contradiction, demonstrates how private and public interests can become entangled in surprising ways. The very states that won huge tobacco settlements in 1997 and 1998 became hooked on the money, which for many states is staving off budgetary catastrophe. The Illinois court order threatens the tobacco cash flow and has sent the states scurrying to switch sides. All of this has angered public-health activists and some of the attorneys general who were part of the settlements. "Certainly many of us never anticipated that states would become addicted to the tobacco money as a way to finance their operations," said Scott Harshbarger, who was attorney general of Massachusetts at the time of the settlements. "It's a perversion of the intention of the litigation, and it's very unfortunate, both as a matter of public policy and a matter of health policy." whats the old saying? " the enemy of our enemy is our friend"

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