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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (8433)4/28/1998 10:33:00 AM
From: Juraj (Yuri) Krajci  Respond to of 10836
 
Charred: Your selective morality is starting to run water up my nose. If you're so concerned about the unemployed people of Venezuela, why don't you help them out directly by selling your computer and portfolio and donating the proceeds and all the time that you're spending here with pompous, hypocritical preaching? Last time I checked, saints don't have email accounts . . .



To: charred who wrote (8433)4/29/1998 11:00:00 PM
From: E. Charters  Respond to of 10836
 
You are quite right to take the side of the local people who are the victims of corruption and delays in getting the benefits of industria to the barria.

I wish it was our problem to solve. Crystallex employs many Venezuelan people and no doubt will employ many more. That is there stated intention. It is not their plan to hold people up from rightful employment. I think it is quite the reverse.

Venezuela is not alone in needing to clean its house in order for an industrial, land use, development and property rights policy in place in order for business to employ its citizens. If Nicaragua, Honduras, Peru, Argentina and yes, Canada had better policies then there would be far fewer people "on the streets".

Nobody is going to start a mine, a car plant, or a farm if there is a labyrinth of law that will tie a company up in a choking maze of taxes, bribes and uncertainty of business climate and title to property.

The reason the States is so rich is that it had a free market for business, development, and a reasonably free land use policy.

The reason Europe is so stifled is it has had the equivalent of a feudal business policy and limited availability of land and resources
for new business to develop.

echarter@vianet.on.ca

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