SI
SI
discoversearch

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.
Gold/Mining/Energy : Naxos Resources (NAXOF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kim W. Brasington who wrote (8658)1/28/1998 5:25:00 AM
From: GOGI  Read Replies (1) of 20681
 
OFF TOPIC:

Kim, you're right. It's not minor.

Governments, until now, have not had to run their affairs in an efficient manner like their corporations have had to do.

The real problem is that the upper echelon in Japan, Indonesia, Korea, etc. have too much regulatory power over large corporations and banks in their countries. I can't think of any entity less qualified to run large corporations and banks than inefficient governments. The Finance Ministries in Japan, Indonesia, and Korea have great power over the banks in their countries and thus, indirectly, and inefficiently, control the activities of corporations in those countries.

It's too bad that government officials get paid whether or not they do a good and efficient job of looking out for their people and the institutions that they depend on. I don't mind paying taxes but I mind when the governments that collect those taxes misspend that money and then borrow more than they collected in tax receipts to spend some more that we can't afford.

GOGI

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext