From: Alex F. Bokov (alexboko@umich.edu)
Date: Mon Oct 22 2001 - 09:34:08 MDT
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On Sun, 21 Oct 2001, Zero Powers wrote:
> Paypal is skirting the edges of being a "bank" but not having to comply with
> all the onerous banking regulations that apply to real banks. They know
> that they are already on the government radar screens and could easily be
> shut down if some bureaucrat decides tomorrow that they have been running a
> bank in violation of the regulations. Paypal has a lot to gain from staying
> on Big Brother's good side. Not only that, they don't need any hassles from
> the man while they are planning to go public. Wired magazine ran a pretty
> informative article about Paypal a while back. You can get it at:
...so remember, potential entrepreneurs: incorporate offshore!
The former republic known as the United States is a politically
unstable, economically troubled region headed by a corrupt government
of dubious legitimacy which is increasingly eager to assume
dictatorial powers and socialize the economy, not to mention its
reckless foreign policy adventures that are putting the citizens and
businesses supposedly under its protection in harm's way.
- --
* I believe that the majority of the world's Muslims are good, *
* honorable people. If you are a Muslim and want to reassure me and *
* others that you are part of this good, honorable majority, all *
* you need to say are nine simple words: "I OPPOSE the Wahhabi cult *
* and its Jihad." *
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