"Dan J.S." wrote in message
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"Doug Kanter" wrote in message
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"Dan J.S." wrote in message
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"Doug Kanter" wrote in message
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"HarryKrause" wrote in message
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Just what rec.boats needs, another anti-intellectual idiot.

What do you expect when the Lord in Chief and his minions frown on
learning?


I got my MBA from Northwestern University, and the teachers there were
all hands on. Anyone that is educated and makes good money is either a
republican or a libertarian. The few that are democrats have another
agenda, like politics and power. You can bash Bush all the time, but in
the end it's all about paying less in taxes. Something the republicans
promise and deliver.

Have you ever dealt with the financials for a company that intentionally
lowers its income (perhaps by lowering prices due to competition), and at
the same time announces a new expenditure that it will only describe as
"a lot", and cannot give any estimate of when the expenditure will cease?
Instead, it says "We can always issue more bonds".

Would you buy stock in a company like that? Even better: Would you like
to be the spokesman at the shareholders meeting, shortly after these
financial antics were announced?


Sounds like the company wants to go bankrupt - and wants to give
preference to the bond holders by sucking out the cash. Keep in mind, last
3 years of corporate corruptions have put in place rules that will
effectively protect shareholders from this.


You're right. The company wants to go bankrupt. Now: Why are you comfortable
with our government doing this? And, please don't say "lowering taxes
increases revenue at the other end", because there's no linear connection
between the two. Correlation, maybe, but you don't make financial plans
based on correlation, just as you don't invest money in stocks if you must
have the cash in a year without any risk.