Posted by Rick Denney on February 20, 2004 at 16:27:35:
In Reply to: Re: Re: Re: Barenboim Leaving CSO posted by Dan C. on February 20, 2004 at 16:16:06:
What he means is that pouring money into the arts might not improve the arts, because the problem is the demand, not the supply. There is already an over-supply. Thus, pouring money into the supply side would produce a bunch of art nobody wants, lower the price for the art that is now being produced, and lower the general quality of all art.
Nearly all the money in question was taken from people who bought stock in Enron. Nothing of actual value was pissed away, because Enron was a trading company. What actual stuff they owned got sold for what it was worth. I have to say that most of the people who bought stock in Enron did so because they thought they would get rich in a hurry, and were not being terribly prudent. That doesn't excuse fraud, of course, but it lessens my sympathy. I have far more sympathy for manufacturing workers whose jobs have been outsourced.
Rick "whose retirement fund os NOT filled with his own company's stock" Denney