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


To: Les H who wrote (75813)2/13/2000 8:43:00 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I appreciate the link, although after viewing it first my Netscape crashed, then Windows crashed, and then my whole computer got hung up. So I don't think I will look at it again.

It is an odd feeling to sit watching an entire financial system--which could be an excellent set of arrangements--drift into catastrophe.

I just hope the really hard-working people--those who are milking the cows, pounding nails in the two-by-fours, teaching third-graders, refinishing floors, pouring concrete, directing traffic, putting out fires (which I have done), and so forth, do not suffer too much because of the collapse of all the imaginary wealth.



To: Les H who wrote (75813)2/13/2000 10:26:00 PM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
Les, I have read these two. The only thing I dislike about this guy is that when I hear his name, I think of a disease I'm glad I don't have. <g> But he is right on the money with his analysis.



To: Les H who wrote (75813)2/14/2000 11:24:00 AM
From: Thomas M.  Respond to of 132070
 
Great articles, keep 'em coming.

I have trouble believing this:

Twenty percent of all books purchased on the net are returned.

This, on the other hand, is no surprise:

AOL capitalized marketing expense for five years and showed a profit. It then wrote off its capitalized marketing expense; the write off exceeded its cumulative reported prior five-year profit by fivefold.

Tom