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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Hal Rubel who wrote (8692)6/26/1998 2:42:00 PM
From: miraje  Read Replies (3) of 74651
 
The Republican Party's so called Conservative wing, in particular, seems so completely sold out to special interests that they do not really qualify for the noble title "Conservative". I think of them more as "Torys" and "Whigs" from a by-gone age when the purpose of government was based on a spoils system.

Conservatives and Liberals are both corrupted labels. The only thing that qualifies for "noble title" these days is the principle of Libertarianism, IMO.

What they promote seems to be Free Enterprise for the public and Socialism for the privileged.

Corporate welfare, in all its manifestations, is disgusting and should be abolished.

I am especially galled by the mantle of "technical innovation" so often used to justify cloaking Microsoft from the hustle and bustle of a free market.

????? Microsoft has achieved its prominence in a free market. They received no government welfare or regulatory assistance in besting the competition. And they ask for none. There are plenty of other companies that could learn a valuable lesson from them in this regard.

Being a corporate citizen in a public policy minded democracy will eventually catch up to Microsoft. If the breaks can not be put on Microsoft's "folding-in" assault on the computer related economy, then regulators will be forced to resort to actually dividing up Microsoft into competing entities along functional lines in the public interest.

Microsoft makes products and sells them to whoever wishes to purchase them. If they do this better than their competitors, then good for them. Forcing, regulating, or breaking up a company, due to its success, should be viewed with alarm by anyone who values the principles upon which this country was founded.

JB
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