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To: Chipata
Freedom includes the freedom to make mistakes. It's one thing to sell a company stock by lying about the numbers in the financial statements, or by moving office furniture from one warehouse to another so it falsely looks like you have a dozen warehouse full when you only really have one. Those a clear and outright frauds. And in all fact, hardly need an SEC, for civil and criminal redress for such fraud was on the books long before the nanny-state "reformers" muscled in on the market place with the SEC and other regulators, before whom all must now bow. Or -- dance their abritrary tune at gun point, so to speak.

It's another to offer an opinion, an informed opinion, to market that *opinion*, to make "forward-looking" claims as to the value of that opinion. There a great deal of subjectivity enters, is unseperably part of the mix.

The tyranny here is that the SEC is clamping down on unapproved opinions, or unapproved marketing claims for such opinions.

Petty tyrants, con-men, and smarter socialists are fond of acheiving the goals by making false divisions on deluded, yet reasonable-sounding, passable terms. For example they often divide "political" speech from other forms of speech -- as you do. By such arbritray and petty classification they divide and conquer.

One example is "non-profit " speech enshrined in the 501c3 tax exemption. We have -- very sadly and with great harm to liberty -- come to accept a disctintion with regards to free speech protections as to "religious" speech and "political" speech. In that tyrannical construction of speech restriant, we allow a clergyman to speak of some obtuse "religion" ideas and instances, but not to any "political" or instances thereof, for fear not only of crossing into non -tax exempt territory, but also of a more general (and harmful) sense of impropriety that has come to develop because of such arbitrary division of ideas, ideations and instance of ideas and ideals. The Founding Fathers did NOT seperate the pulpit from the political arena -- in those generations leading up the Revolution and after it the pulpit, the religious metting were intimately part of politics!

So to it is with commercial speech -- with the market. In fact with the absence of the pulpit from our political lives, from participation in political speech, commericial speech is that much more important to POLITICAL expression. You cannot restrain commercial speech in the realm of ideas and subjective constructs without causing harm to Liberty.

19 posted on 05/01/2003 6:20:51 AM PDT by bvw
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To: bvw
"So to it is with commercial speech -- with the market. In fact with the absence of the pulpit from our political lives, from participation in political speech, commericial speech is that much more important to POLITICAL expression. You cannot restrain commercial speech in the realm of ideas and subjective constructs without causing harm to Liberty."

No doubt you also enjoy yelling "Fire!" in a crowded theater.


22 posted on 05/01/2003 6:27:45 AM PDT by Chipata
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