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


To: James R. Barrett who wrote (4952)10/28/1999 7:09:00 PM
From: md1derful  Respond to of 6439
 
Perhaps..if Bush is elected, and I agree he has got to start engaging the competition, the tob suit disappears, I believe....interesting about tob content regulation..hadn't thought of that angle
doc



To: James R. Barrett who wrote (4952)10/28/1999 10:49:00 PM
From: Demetre Deliyanakis  Read Replies (1) | Respond to of 6439
 
There was an excellent editorial about the federal suit in The Economist magazine a few weeks ago.

They said that the federal government actually benefits from smoking in two ways.

(1)Smokers willlingly pay heavy taxes on the cigarettes that they buy.

(2) Many smokers die before they are able to drain the medicare and social security system.

They joked that MO should sue the government since the government is unfairly benefitting from the product they sell.

I don't think the federal suit will get anywhere with an election next year.

We need Bush to win as well as a republican controlled house.