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Re: [RT] sp500/nasdaq top



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I was a died in the wool capitalist for my entire working life. In fact, I 
spent most of my working life as an entrepreneur and formed, from 
scratch, a total of 7 businesses, including 2 which grew to employ over 100 
men and women before I sold them. I have been up and down the economic 
scale (several times) from poverty (living for a year in a 10x10 YMCA room 
for $10 a week in NYC while working and going to college at night) to very 
comfortable.
 
My current belief is that the capitalist system has been corrupted beyond 
belief by the concentration of power and wealth among a few very large global 
corporations and the politicians, from both political parties, which they own. 
Consider that today fewer than 100 global corporations account for 80% of global 
business. This is not an environment in which capitalism, entrepreneurship, and 
a healthy partnership between capital and labor can flourish. Just my 
opinion!
 
Earl
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Brendan 
  B. Boerner 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Monday, March 08, 2004 7:56 
AM
  Subject: RE: [RT] sp500/nasdaq top
  
  <SPAN 
  class=975323014-08032004>One of my brothers and I worked for Texas State govt 
  (the University of Texas @ Austin) at separate times and places.  He went 
  on to be a research scientist @ Mobil, I went to Novell for a # of 
  years.  I've friends who've worked for British Petroleum, IBM, Microsoft, 
  etc.
  <SPAN 
  class=975323014-08032004> 
  <SPAN 
  class=975323014-08032004>From my experiences and that of my brothers / friends 
  I conclude that while I wouldn't quite phrase it as Dave did, the belief that 
  private enterprise as instantiated in corporate america is more efficient than 
  big govt is not the truism that l-f capitalists believe it 
  is.
  <SPAN 
  class=975323014-08032004> 
  <SPAN 
  class=975323014-08032004>Cheers,
  <SPAN 
  class=975323014-08032004>Brendan







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