[bvw]

This distribution account is bad. Eliminate corporation taxes. Period. You want ALL companies to pay dividends, as they can. It keeps the ledgers honest. This little gimmick is a big invitation to all sorts of cheats and liars. I con't even begin to plumb the schemes it will generate -- deep sh!t!

[OK]

I agree with you. This is a gimmick to prop up an overvalued stock market bubble. How would Enron stockholders have benefitted from this? I guarantee you that if we have two more years of sideways to down markets, nobody will want to own stocks that don't pay dividends. I wouldn't buy any mature company that doesn't pay dividends.