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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Skeeter Bug who wrote (13668)9/15/2003 6:51:49 PM
From: Lizzie TudorRead Replies (1) of 306849
 
you know what I have been wondering about lately... whether laws that are passed that require certain minimum % approval for laws to pass in the future are constitutional. Doesn't seem like it, actually.

Say I pass a law today that says my law can only be overturned with 90% of the vote in the future. Doesn't sound legal, it gives the prior voters a larger stake in the future than they should have. Just a thought.

Re: options. I think I said to you once before, that I would support options expensing if a method was proposed that accurately reflected the "cost" to the company. The proposals on the table, which involve black-scholes do not in any way reflect true cost and any forensic evaluation of options expensing using these methods and companies like Cisco prove that easily. Just find a reasonable approach, where options expenses applied during the 90s proved to be true representations of cost. I think you'll be disappointed with the results though, most options these days granted to the rank and file are worthless. So these should result in *no* cost to the company in an accurate options expensing proposal. Not the millions black scholes estimates which later have to be backed out.
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