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


To: tejek who wrote (195660)7/24/2004 3:12:38 PM
From: i-node  Read Replies (2) | Respond to of 1572764
 
While you are at it, why don't you discuss how the city of Santa Monica, a public entity, took a moribund shopping street with a vacancy rate of over 30% and through creative planning turned it into a major revenue producer for the city with some of the highest rental rates in the country.

Sure, I wouldn't mind reading it. But this is the exception, not the rule, and it is inconsequential. Goverment programs are horrible failures in most instances. I have spent years dealing with the Internal Revenue Service, Medicare, Medicaid, and Social Security -- ALL OF WHICH are largely incompetent in the jobs they do.

And then discuss how INTC spent billions for years on a chip in which they will never recoup their expenses.

The nature of breaking new ground. Everyone does it. I've just discarded a projected we have 30 months in because there are now better alternatives, and better projects for us to make money on. Microsoft has thrown away innumerable projects which were partially completed. Not because they're incompetent, but because technology changes rapidly.

A powerful argument can be made that one of government's greatest failings is its inability to adapt to changing circumstances.



To: tejek who wrote (195660)7/24/2004 7:49:42 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1572764
 
Ted, While you are at it, why don't you discuss how the city of Santa Monica, a public entity, took a moribund shopping street with a vacancy rate of over 30% and through creative planning turned it into a major revenue producer for the city with some of the highest rental rates in the country.

A great example of pushing more and more government projects to the state and local levels?

And then discuss how INTC spent billions for years on a chip in which they will never recoup their expenses.

Hey, I resemble that remark! But that's just the nature of the free market. Intel is spending the rewards of its past successes on future product ideas. Not all of them may pan out, but at least Intel is better off spending that money than, say, AMD or Cyrix. Or the federal government for that matter. ;-)

Tenchusatsu

Stupid legal disclaimer: I work for INTC, so I'm obviously paid to be biased against AMD and Cyrix. Of course, I'm also biased against liberalism, but I'm still waiting for my check from the "vast right-wing conspiracy." ;-)