Thread: Omigawd!
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Joerg Joerg is offline
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Default Omigawd!

John Larkin wrote:

On Sat, 24 Mar 2007 13:19:31 -0400, "Stephen J. Rush"
wrote:


On Sat, 24 Mar 2007 10:00:04 -0800, John Larkin wrote:


On Sat, 24 Mar 2007 06:08:53 GMT, Anon bozo wrote:


Wait until you see what the Democrats are going to do ;-)

Probably return us to a business climate like the 8 years prior to the
current administration: budget surplus, markets booming, everyone making $$$.


Followed by a trillion dollars of losses and a spike of unemployment
as the bubble burst, beginning late '99. The only thing that remains
from the .com bubble and corporate scandals is the ratcheted up
government spending, which never ratchets down.


You forgot the expansion of the volume of law, which never contracts.
Every scandal and scare results in a new flurry of legislation, most of
which acts to burn more holes in the Bill of Rights without really
making us significantly safer. Was it Samuel Johnson who said "There is
not a man here who has not committed at least one act for which he could
lawfully be hanged"? The number of ways to get oneself lawfully hanged is
a lot smaller now than it was then, but the number of things for which one
can be fined or imprisoned is vastly greater. *Nobody* has read the
entire United States Code; there's too damn much of it. We all go on,
committing various offenses without ever becoming aware of it. Most of us
won't be arrested, because we're not worth (in terms of publicity, career
points or cash rewards) the effort for the enforcers, but making everybody
guilty of something is the second-oldest tyrant's trick in the book.




Another reason to never go public:

http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act


Which is why one of the VCs recently said that it can be advantageous to
go public on a foreign stock exchange where there is no SOX.

--
Regards, Joerg

http://www.analogconsultants.com