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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: M31 who wrote (8215)6/1/1998 11:29:00 PM
From: Daniel W. Koehler  Read Replies (1) | Respond to of 74651
 
m31

I think we have flourished because we have had, until recently, LESS government, relatively speaking than other countries. Or, by way of an apt analogy, our parasites were less enervating than the parasites our our enemies

Giving government credit for this success is like saying that the New York Yankee dynasty was due to the fact that they had better batboys, concessionaires, security guards and ground crew than other teams.

Your analogy is a bit too mock epic-ish, imo.

Daniel

Ciao, Daniel



To: M31 who wrote (8215)6/2/1998 3:50:00 AM
From: Mick Mørmøny  Respond to of 74651
 
Speaking of the best government in the world, Louis Rukeyser in his June 1998 edition of the Louis Rukeyser's Wall Street, said, Oh, don't misunderstand me: the pooh-bahs of government-knows-best have not lost a shred of their traditional arrogance. We see this, for example, in their remarkable decision to wage all-out legal war on Microsoft, which apparently has committed the unforgivable crime of serving the American consumer too well. It's the latest of many recent evidences of the continuing demagogic war on success and the successful in America, based as usual on the implausible notion that government -- which can't manage its own vast revenues even at the intelligence level of a bright 18-month-old -- knows better than the marketplace what should be going on there. That there has never been any visible evidence of such governmental competency has never been a drawback to the political overreachers.

His words, not mine. What I would like to see is the reversal of the government's intrusive powers.

==============================================
I'm not a fan of big government, its monstrosities (such as the ~$5.5 trillion national debt), or unnecessary government intervention. But I do believe that in the microsoft case, the government is on track. I also believe that, despite its problems, it's the best government in the world. Do you think that this country would have flourished as it has under any other government (all else being equal)?

M31