[OPE-L:4812] Re: Re: Re: Re: Re: state ownership

From: Rakesh Narpat Bhandari (rakeshb@Stanford.EDU)
Date: Tue Jan 30 2001 - 06:51:32 EST

On state ownership of private assets, Chairman Greenspan is so 
fearful of it that he has overstepped his bounds and thrown behind 
tax reform to prevent the building up of governement surpluses which 
would have to be invested in private markets. So with Greenspan 
having spoken, substantial reductions in capital gains and estate 
taxes can now be expected. The US ruling class surely has a knee 
jerk, purely ideological reaction against any kind of state 
ownership--or so it seems to me.
Yours, Rakesh

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