Politics for Pros- moderated 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.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KLP who wrote (405996)	1/22/2011 3:38:35 PM
From: Bearcatbob	8 Recommendations Read Replies (1) of 794309

"He also made the comment that if Aviation business ever had the guts to charge that much money for such a small, and mass produced item, that the CEO's would all be in jail because the Government would put them there. " I have some experience with costs of protecting ourselves from the predator lawyers in stuff like what you describe. The cost per item to manufacture may be small - but the paper work to validate the design and document the quality trail is horrific. There is a lot popular venom about the $100 hammer and such - but that is from people who do not understand the government procurement process - especially for very sensitive stuff like medical and space flight equipment. If Obama wanted to attack cost he would have attacked the lawyers - but - oops - they own him and the rest of the Democratic party. From Obama we have health care reform without addressing the lawyers and we have Fin Reg reform without addressing Freddie and Fannie. That is all you need to know about the morality of the Obama administration. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next