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Re: [PLUG] [OT] Microsoft info: link to rant
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There are two routes to government/taxpayer bailout/corporate welfare:
Either be a monopoly provider of a service that we need (Amtrak in
fact; MS probably perceived so by the majority in Congress) or be so
big that it would have a huge ripple effect on the economy (Airlines,
Crysler). Probably one of the reasons to oppose mergers is to prevent
a company from getting into one of these categories, thereby insuring
that if managment gets greedy or screws up, the company will get bailed
out anyway. It was one of the arguments against the acquisition of
CoreStates by First Union. The fear was that FU failed, it would be a
disaster for the FDIC.
On Monday 01 July 2002 03:25 pm, Noah silva wrote:
> What you mean like the airlines? and amtrak? I start to wonder is
> this is a capitalist economy... I thought nonprofitable businesses
> were SUPPOSED to fail...
>
> --- noah silva
>
> On Mon, 1 Jul 2002, Kyle R . Burton wrote:
> > > very interesting read - if a little dated. also,i saw a short
> > > comparison of enron to MS (or vice versa) on that site.
> > >
> > > Perhaps the key to defeating MS is not in building a better
> > > product (since when does that matter) but in publicly exposing
> > > their (fraudulent?) accounting practices.
> > >
> > > Maybe the OSS movement needs to work on lobbying the political
> > > system to close loopholes that MS uses. It may even cause MS
> > > collapse ala Enron. Image how attractive alternative software
> > > would look to businesses if the IT managers couldn't be confident
> > > that MS would be available to provide support and updates (since
> > > they are the only ones that _really_ know their software). It
> > > seems to me, that MS's pyramid scheme, like all others, is bound
> > > to collapse sooner or later. Regardless of who is left holding
> > > the bag fiscally, how will MS products be supported if they were
> > > to be forced to layoff 80% of their work force.
> >
> > The Bush administration would step in and 'rescue' Microsoft from
> > any such collapse. They're too importiant to the economy (read:
> > 401k and pension plans of big-business).
> >
> >
> > This is of course just my opinion.
> >
> > Kyle
--
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Art Alexion
Arthur S. Alexion LLC
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