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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: md1derful who wrote (4099)7/5/1999 5:37:00 PM
From: Theo Karantsalis  Read Replies (2) | Respond to of 6439
 
Rocky Mountain News

At least part of the state's $2.7 billion bonanza over the next 25 years is based on future tobacco sales, Coffman said.

How, he asked, can Colorado attempt to safeguard public health while depending on annual payments from companies that manufacture a product that kills its citizens?

Coffman said it is a conflict of interest for states to devise programs dependent upon tobacco-settlement money and, at the same time, regulate the tobacco industry.

"The government now has a vested interest in keeping tobacco companies afloat," he said.