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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Liatris Spicata who wrote (7595)	11/24/1998 1:45:00 PM
From: dave rose	Respond to of 9980

<<<<<<As to "why not give it a try", well I think there are several good reasons. First, it is morally wrong. It is wrong to use the coercive instruments of the state to tax the waitress making $5.00 an hour (or the basketball star making millions, for that matter) to rescue highly paid auto workers, their managers, and their shareholders/bondholders. It would be no more ethical to issue a Treasury bond- and so incur a debt on people not yet born. It is simply not a legitimate exercise of government power, which people of my persuasion believe is there to protect the shores, maintain a police force, and maintain a judicial system.>>>> Larry: What a wonderful response!!!! Your essay should be studied and discussed in every high school and college class in the world. Maybe we could bring sanity back to our economic system. Thanks again. daverose