X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00 autolearn=unavailable version=3.2.2 Sender: -2.6 (spamval) -- NONE Return-Path: Received: from newman.eecs.umich.edu (newman.eecs.umich.edu [141.213.4.11]) by boston.eecs.umich.edu (8.12.10/8.13.0) with ESMTP id l7TI6hnd004797 (version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-SHA bits=256 verify=FAIL) for ; Wed, 29 Aug 2007 14:06:44 -0400 Received: from jeffrey.mr.itd.umich.edu (mx.umich.edu [141.211.14.132]) by newman.eecs.umich.edu (8.14.1/8.14.1) with ESMTP id l7TI68lv009007 for ; Wed, 29 Aug 2007 14:06:16 -0400 Received: FROM newman.eecs.umich.edu (newman.eecs.umich.edu [141.213.4.11]) BY jeffrey.mr.itd.umich.edu ID 46D5B582.565F7.15467 ; 29 Aug 2007 14:05:54 -0400 Received: from oshkosh.eecs.umich.edu (oshkosh.eecs.umich.edu [141.212.113.86]) by newman.eecs.umich.edu (8.14.1/8.14.1) with ESMTP id l7TI5Ols008800 (version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-SHA bits=256 verify=NO); Wed, 29 Aug 2007 14:05:25 -0400 Received: from oshkosh.eecs.umich.edu (localhost.eecs.umich.edu [127.0.0.1]) by oshkosh.eecs.umich.edu (8.13.8/8.13.0) with ESMTP id l7TI5jQd025417; Wed, 29 Aug 2007 14:05:45 -0400 Received: from localhost (klochner Æ localhost) by oshkosh.eecs.umich.edu (8.13.8/8.13.8/Submit) with ESMTP id l7TI5jJh025414; Wed, 29 Aug 2007 14:05:45 -0400 In-Reply-To: Message-ID: References: <93EC811F-946D-4EA2-ADE3-5D43B46EA65E Æ umich.edu> <4CE28F9E-2B6E-4834-B3FA-1C3FBF2E7341 Æ umich.edu> <02548635-1F0E-4244-847D-8FA54DACAD4B Æ umich.edu> <1acf35a70708221835o75734aa2waa72f00b69632a18 Æ mail.gmail.com> <78195003-0498-4DB5-A1CE-CAA5605DE533 Æ umich.edu> MIME-Version: 1.0 Content-Type: TEXT/PLAIN; charset=US-ASCII; format=flowed X-Spam-Checker-Version: SpamAssassin 3.2.2 (2007-07-23) on newman.eecs.umich.edu X-Virus-Scanned: ClamAV version 0.91.2, clamav-milter version 0.91.2 on newman.eecs.umich.edu X-Virus-Scanned: ClamAV version 0.91.2, clamav-milter version 0.91.2 on newman.eecs.umich.edu X-Virus-Status: Clean Date: Wed, 29 Aug 2007 14:05:45 -0400 (EDT) To: Dave Morris cc: improvetheworld Æ umich.edu, Steven Reeves , reeves-hayos Æ umich.edu, reeves-kalkman Æ umich.edu From: Kevin Lochner Subject: Re: mind the gap On Wed, 29 Aug 2007, Dave Morris wrote: > How about establishing the environmental protection agency? - not obviously true, but the EPA was started to compensate for the known missing market in pollution externalities. The emission markets, imo, are a better way of handling this. > All the national museums in downtown DC? - again, not obviously true and could be privately funded if true > Abolishing slavery? - controversially, i'd say this also is not obviously true > The CEO who got rich destroying the non-profit research company was a snake > oil salesman at every step of the way. He preached benefit and utility and in > the end delivered the hollow shell of what used to be an effective company. > The stock values of the companies involved provided additional indirection > and possibilities of get rich quick schemes which facilitated the process > more than a direct sale could have. He created the illusion of value, while > decreasing that value in the process, got rich while the illusion lasted, and > now is in California on the beach and people here are looking for new jobs. > Same thing. Unethical, but legal. Encouraged supported and enabled by the way > the stock market works. OK, wtf is the name of the company so we can all judge for ourselves based on the public record?