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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (75295)	2/6/2000 2:26:00 AM
From: Don Lloyd	Read Replies (2) \| Respond to of 132070

Bill - [...A great deal if malinvestment takes place, much of which is just wasteful, but some of which will provide benefits to all--at the financial expense of the overwhelming majority of early investors.]] Good point. My support of the bumbling schemes of NASA is based on the hope that its sunk costs will someday pile up high enough to provide a short step into orbit for the private sector. Failure is an essential part of our economy. Regards, Don