From: Mike Lorrey (mlorrey@datamann.com)
Date: Tue Jan 22 2002 - 08:38:58 MST
Harvey Newstrom wrote:
>
> Randy Smith wrote,
> > We the corporations of The United States, in order to make more money,...snip
>
> Why do you call this "Extropian"? It seems to be the opposite.
Don't mind him, Harvey. While socialists love to trumpet the occasional
failure of a corporation gone bad, they refuse to acknowledge that in
such cases, absolutely nobody is shot in firing lines, sent to
concentration camps/gulags/reeducation camps, or killed from carpet
bombing, gas attacks, rocket attacks, invasions, naval artillery
bombardments, assassinated, lynched, mobbed, tortured, purged,
anonymized, etc. while such is pretty much par for the course when
socialist organizations fail so miserably from failed ideas.
What I find so immensely odd about the Enron debacle is that it was
designed to fail: all successful companies use their offshore
subsidiaries to hide profits from the tax man, not to hide losses from
the stock man. Where, exactly, were they expecting those losses to
eventually end up? To quote an Enron tv commercial "Why?"
Another thing we find out is that the national socialist government of
India seems to have had a hand in the failure of Enron, in that they
have refused to pay a $64 million debt to Enron for the development of
an oil refinery.
Mike Lorrey
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