Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Ron Flanigan who wrote (48375)	2/20/1998 4:41:00 PM
From: Philip J. Davis	Read Replies (2) of 58324

Ron, >>When a hockey player gets 36 Million and a lunch bucket worker gets $25,000 there is something wrong with that scenario.<< Our political views are obviously very different. In my view, a hockey player gets 36 million because he can and the "market" deems it a fair price. A hockey player's skills are available to the highest bidder. As well they should be. In any case, how would you solve this monetary inequity? Even more progressive tax rates? Confiscation? Legislating maximum allowable pay? How about personal responsibility? The story of inequity is as old as civilization itself. As history has clearly shown, communism was a stark failure, for all its proletarian equality. All that was shared equally was poverty. Communism gives an individual no incentive to produce efficiently. Open and free markets, where individuals are free to market their skills to the highest bidder are the bounty of our economic system. Egalitarianism only goes so far. It explains inequity by attributing it to "social injustice", rather than personal failure, ineptitude and sloth. Philip

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