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To: John Valentine

“What I don’t like is his insistence on government control over disposition of private assets.”

This is news to me. Could you tell me a bit more about this?


46 posted on 10/13/2007 8:45:03 PM PDT by daylilly
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To: daylilly

The question was asked about investors from Dubai buying shares in NASDAQ, and Hunter said he would not permit such a thing as he “Didn’t trust them.” Presumably, he would be willing to use the power of government to prevent such sales, as that was the tenor of the question.

NASDAQ is a private company that owns and operates the NASDAQ share market in the Unites States and has major interests in share markets in several other countries, including the London Stock Exchange. Shares in NASDAQ are publicly traded.

If I owned shares in NASDAQ, I would want to be free to sell them to whoever I durn well please, whether it pleases Duncan Hunter or not. And I don’t want any more government interference in my financial dealings than the minimum required to collect taxes and protect national security.

I see Hunter’s easy acceptance that government ought to be able to control the disposition of private assets as very disturbing and contrary to conservative principles.


47 posted on 10/13/2007 8:54:41 PM PDT by John Valentine
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