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Old November 10, 2000, 11:28 AM
Dien Rice
 
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Default Business, politics, and CHAOS....

Hi Diane!

I agree with you....

The candidates search for customers.... They try to find what's in *demand* to give the people the product that they want....

What do they want?

What will get them the vote?

And the candidate with the most "paying customers" end up in the lead....

Those who *say* that they would buy the product, but who end up not getting out and buying it -- don't count when you look at the bottom line....

And sometimes there are pay disputes.... they may say "I didn't charge that to my credit card!"

And sometimes mistakes are genuinely made....

Sometimes the customer accidentally orders the wrong product, because of a confusing order form....

They may weep, yell, and stamp their feet in anger!

A dispute can get heated! They may even take it to court....

They may have a point, and they might not.... (That's for the courts to say, I guess....)

Hmmm.....

It's not really all that different.... :)

Politics and business can be quite alike in some ways....

I agree with you very much about the need for a good system.... To me, this is like the rules that may govern a business, to protect both the consumer and the businesses....

Without this, things can be cryptic, confusing, and chaotic!

And it's also true in the stock market -- which is really just a list of businesses you can invest in....

For example, I would like to invest in the stocks of companies in some of these "emerging markets" -- such as in some of the up-and-coming Asian countries....

The thing that prevents me from doing so is that many of these countries DON'T have standard accounting practices. Without that, it's harder to tell the "real" facts about a business from their reports.... And it's these facts that I base a lot of my decisions to invest on....

*If* they got standard accounting practices, things would be clearer, and things would probably run more smoothly....

It's like having a good set of rules to prevent chaos, as you said....

Thanks Diane -- you made some great points! :)

Dien Rice
 


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