As Dot-Coms Go Bust in the U.S., Bermuda Hosts a Little Boomlet

[Jim Burnes]

On Wednesday 10 January 2001 05:29, Ken Brown wrote:
...
> The sun still doesn't set on the British Empire (not while we have
> Pitcairn!), London is still the heart of darkness, it is is still the
> place where the money is (most of the money in the world, by orders of
> magnitude, is in meaninglessly large dollar accounts in databases owned
> by London banks, representing currency trades), and if you think you can
> trust these guys to do anything other than act in the interests of their
> own profits you are making a big mistake.

Their interests are in making capital grow and prosper.  These
are diametrically opposed to the interests of high taxation and socialism.
I don't think the Bermuda dot-coms are worried about these guys acting in 
their own interests.  I think they are banking on it....

jim

-- 
Sometimes it is said that man can not be trusted with the government of
himself. Can he, then, be trusted with the government of others? Or have we
found angels in the forms of kings to govern him? Let history answer this
question.	-- Thomas Jefferson, 1st Inaugural