Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (180464)	1/14/2004 1:10:48 AM
From: Amy J	Read Replies (2) \| Respond to of 1575446

Hi Tejek, RE: "As for tax cuts, the rich see it as their due." I disagree with this statement. Even Bill Gates' Dad was talking publicly a couple of years ago about how he was against cuts. I think there are rich people that are quite a bit disgusted. The issue is more about people's philosophies. Sure, some people operate under the greedy-b philosophy - but it's not guaranteed these are only wealthy folks - maybe they are also unwealthy folks who perceive they can't afford to contribute. Also, most people who are wealthy do not seem to associate themselves as wealthy - simply because there's always someone wealthier. There's this one VC who was complaining to me about how he had to stop the cranes from building goodness-knows-what when the stock market crashed and hurt his personal finances. I am by nature an empathetic person and could see he was in pain, but on hindsight, I'm thinking geez. Some people feel that private charities can operate better than the government, which is true, but my belief is there are too many holes and gaps that get created. The gov't should revamp the entire system and make all citizens (including kids) participate in community service to drive down costs. It seems foolish not to have mandatory volunteering in the schools and for everyone else, in order to drive costs down. Too bad stock options on this country couldn't be created & handed out for mandatory volunteering, tied to the GDP growth. If costs go down, GDP goes up and options go up? What's the financial instrument of an option on a country? If bonds are debt, what's the equity structure of an option on a country? Hm. RE: "Reagan had cut off funding for mental hospitals, some welfare, medical benefits etc, and suddenly, all these misfits were let onto the streets." That was the worst move. One really strange thing about the Bay Area, for an area that is generally more sensitive, it treats the mentally ill not so good. Agnews gets kicked out, etc. A lady I know had to fight to maintain her handicapped child in one of the schools here, she created a law a decade ago so it wouldn't happen to others. It's funny how this area can be really nice, and yet not so nice to the handicapped people. Regards, Amy J