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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Len Roselli who wrote (66071)	10/8/1998 5:15:00 PM
From: Scumbria	Read Replies (1) \| Respond to of 186894

The only time we need an effective government is during war. In peace time, it's best that they fight with each other. Len, Six years ago the economy was being stifled by a massive budget deficit. The malaise caused by this deficit had far reaching impact on the economy. It was believed to be an intractable problem which could not be resolved in this millenium. I for one am extremely grateful for the successful efforts made by the President and Congress to correct this problem. "The price of freedom is eternal vigilance." Not eternal cynicism. Scumbria

To: Len Roselli who wrote (66071)	10/8/1998 5:27:00 PM
From: trouthead	Read Replies (1) \| Respond to of 186894

I am just curious, but which law on the books right now is stopping you from doing what you like? Thanks

To: Len Roselli who wrote (66071)	10/8/1998 5:30:00 PM
From: Ibexx	Respond to of 186894

Thread, From Bernie Schaeffer's website: "In the latest round of antitrust absurdity, the Justice Department has filed an antitrust lawsuit against Visa USA and Mastercard International, claiming that these two card behemoths restrain competition and limit customer choice. The suit charges that both cards are controlled by the same set of banks, and that member banks exclude the issuance of other cards like American Express and Discover. Mastercard and Visa currently account for 75% of the nation's credit-card sales. Are we missing something here? Doesn't every American man, woman, and child receive between three and five credit card-offers in the mail each week? How much more competition do we need? These days, it appears that the competition has reached a cut-throat level with low rates and no fees. On top of that, American Express, the primary whiner about being shut out of the credit-card business, charges a higher discount fee to merchants, which ultimately raises the prices of goods and services. Let's see if we can get this straight. Americans are losing out now because of limited choice, so let's change the rules so that other cards that charge higher fees and merchant discount rates can get a bigger market share. Sounds great, doesn't it? Why can't the government channel its efforts into something that will really benefit the American people … like digging up more dirt in the Lewinsky affair? Ibexx