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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (10502)	2/1/2006 1:46:05 PM
From: TimF	Read Replies (1) \| Respond to of 543803

Because the regulation is very generic and regulates the stock not the person holding the stock. That means there are no means tests, nor differing income ratios, nor offsetting tax credits nor any other boon to the accountants. Just a simple return of principal from the shares. There are none of those things now. Your system may be less intrusive then other possible systems, but it is more intrusive than what we have now. I suppose your arguing that changes along the lines you mention are inevitable if your program is not initiated, and so in the long run you think installing your program will resulting in less intrusion. That is an argument I can understand, but I don't think that your plan is either necessary or sufficient to prevent the other changes. Or to put it another way I don't think that means tests ect. are an inevitable part of stock ownership, and should such ideas gain a lot of support I don't think your idea would necessarily prevent them from being enacted. Tim