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To: Roads End who wrote (208637)12/10/2002 9:57:00 AM
From: yard_man  Respond to of 436258
 
>>Believe it or not <<

Telcom is used to being semi-public -- why should we expect anything else. At some point the fiscal stimulus will go to high tech spending -- makes sense from a purely political POV -- there is no prospect for re-acceleration of capital investment in the industry unless lots of businesses are destroyed ... obviously not an option when we are smart enough to "fix" things.

That bridge / tunnel in Tokyo bay epitomizes the failure of capitalism in our generation -- it's been destroyed by its supposed friends, who never really believed in free markets to make any of the really big economic decisions.