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

To: Mary Cluney who wrote (13018)	2/22/2006 11:40:43 AM
From: epicure	Respond to of 542945

I see no point in taking this further.

To: Mary Cluney who wrote (13018)	2/22/2006 1:00:49 PM
From: wonk	Read Replies (2) \| Respond to of 542945

…Government will always try to get involved in business where they do not belong. Government is where bureaucrats hole up…. Business has only one purpose, maximize returns to owners. Everything else is irrelevant. Government has a different imperative, to maximize the well-being of the citizenry. Sometimes the two are congruent. More often they are not. If – for example - a port operator can increase investor returns by cutting security they will do so. In fact, Management has a fiduciary responsibility to do so. The only limitation on a business cutting cost in such a manner is for the Government to say it can’t. Inevitably, once the Government regulates, business will come back and say the regulation is overly burdensome. The issue is not government intervention versus none, regulation versus no regulation. The issue is good regulation versus bad regulation. ww