On Mon, 1 May 2017 15:25:46 -0700 (PDT), "Damon Hynes, Cyclone Ranger"
<
damon...@gmail.com> wrote:
>On Friday, April 28, 2017 at 2:36:28 PM UTC-5,
dotsla...@gmail.com wrote:
>> I'm so glad my company is private.
>>
>> Cheers.
>
>My previous company was public, but closely held--most of the shares were o=
>wned by the founder and his family, so it was essentially private and it wa=
>s wonderful.
>
>Once they retired and sold their shares, the bank that bought us wasn't hap=
>py with making a dollar if they could squeeze out $1.01. In doing so, they=
> rotenoned the pond and salted the earth. I understand that's what relentl=
>ess capitalism is all about, but it was so sad.
Capitalism is also about the Wal Marts moving into a niche created by
greedy capitalists - and them being followed by the ebays and Amazons.
Google happened to MS and Samsung to Apple. Bell South and ATT who?
The whole family no longer gathers arounf the old Philco to listen to
Little Jimmy and His Dad at 6 PM every night. On TV we can watch the
Lone Ranger surrounded by Indians hearing Tonto say, "Where do you get
that 'we', white man!"
That's competition and that's what capitalism is - at least IMO.