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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (23540)	8/28/1998 4:57:00 PM
From: derek cao	Respond to of 70976

Off topic: akidron, I agree with your post. There is inherited difference of risk perception between the money people put into the bank and the money invested by the bank. That is why US has the FDIC system to close the gap. But as in free market, bank can choose to join or not as long as they disclose their status. I think the keys here are both free to choose and disclosure. There are always risky business such as new product and new business. Without those risky investment, innovation will slowed and society suffer. As long as the investor can afford the losses, I do not have any problems. If anyone invests someone's retirement money into risky business without telling the owner, that is a CRIME. IMHO, Free market should also prevent monopoly. If we look back the history, we will see that majority of "free market believers" are against monopoly naturally born or government sponsored. Derek