1994-07-19 - RE: Federal Control of Financial Transactions

Header Data

From: Blanc Weber <blancw@microsoft.com>
To: frissell@panix.com
Message Hash: 4c40d5ad460d2c2b581381c0d2edaf46642a4d0145bc5c286bb199599fbfb1e9
Message ID: <9407191918.AA12833@netmail2.microsoft.com>
Reply To: N/A
UTC Datetime: 1994-07-19 19:18:15 UTC
Raw Date: Tue, 19 Jul 94 12:18:15 PDT

Raw message

From: Blanc Weber <blancw@microsoft.com>
Date: Tue, 19 Jul 94 12:18:15 PDT
To: frissell@panix.com
Subject: RE: Federal Control of Financial Transactions
Message-ID: <9407191918.AA12833@netmail2.microsoft.com>
MIME-Version: 1.0
Content-Type: text/plain


Some comments on Duncan's post:

All of the arguments which he proposes against reasons why the 
government can't succeed are true and accurate; however, it is one of 
those things where "you know and I know, but *they* don't know"......

The examples which you relate of government failures from inefficiency, 
etc. have been proven time and again in history, but in that case why 
does history keep repeating itself, in slightly different variations.

"......why doesn't Clinton impose wage and price controls, exchange controls,
tariffs, and a full-blown industrial policy?"

If he can succeed in implementing the Health Plan, and if the National 
ID were accepted, that would probably next on his agenda (if he were to 
be re-elected  [2 more years]).
One saving grace from all the discussions which are going on of the 
above projects is that they presently are just discussions, and if they 
could just be kept discussing these things, none of them will ever be 
accomplished.  By the time the discussions are finished, everyone will 
have version 10.x of every computer app and all companies will be "virtual".

Blanc






Thread