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Re: I want to drive a Lincoln and spend my evenings drinking the very best Burgundy.
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Originally Posted by Greedy,Greedy,Greedy
I'm impressed you can say that with a straight face. So this is all for the public good, and not because they're greedy bastards who want to make a lot of money (NTTAWWT)?
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I very carefully didn't say that at all. They are clearly a bunch of bastards who want to make a lot of money, and don't mind disregarding the law. That doesn't mean they don't also have technology and a business model that "could" be better for the public than the current one. If they are unregulated, I'm not sure it will be. They have an obvious desire to monopolize and would like to capture all of the gains from their model as profits. But even the most rapacious monopolists might not be able to capture all of the upside.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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