Re:Washington Is Killing Silicon Valley
by quoderat on Tuesday December 23, 2008 @01:36AM
(#407345)
Pabulum for people who have Rand or Heinlein poisoning.
Saying that Bear Stearns and AIG were cash positive is absolutely meaningless, as if I just bought $5 million worth of stuff on my credit card, make $40,000 a year and haven't gotten a bill yet, I'm still cash positive.
It's a little different, and much more complex, but I don't think the article writer really cares to understand any of that -- he just wants to beat the dereg drum, no matter how much sense it makes or doesn't.
Saying that Bear Stearns and AIG were cash positive is absolutely meaningless, as if I just bought $5 million worth of stuff on my credit card, make $40,000 a year and haven't gotten a bill yet, I'm still cash positive.
It's a little different, and much more complex, but I don't think the article writer really cares to understand any of that -- he just wants to beat the dereg drum, no matter how much sense it makes or doesn't.