tag:blogger.com,1999:blog-30495100.post2229206035150293772..comments2024-01-29T17:58:00.974-05:00Comments on Galileo Blogs: The Europeans Punish Success, AgainGalileo Blogshttp://www.blogger.com/profile/02592692929747610846noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-30495100.post-44381921663287383812009-05-24T16:58:04.430-04:002009-05-24T16:58:04.430-04:00For that to be effective, Intel would have to full...For that to be effective, Intel would have to fully understand that it has an unconditional right to its property. That would include a complete understanding of how antitrust violates its rights.<br /><br />With that knowledge it could withdraw from Europe as a protest, if it publicly and proudly named the reason why it did that.<br /><br />But I still doubt that it would work to their self-interest. I could imagine the Europeans actually confiscating Intel's patents on the grounds that Intel's customers have the "right" to Intel's products. There would only be too many other firms (perhaps AMD) who would then gladly make those chips using the stolen patents.<br /><br />Yet, it would be exciting to see Intel try it. But first they need the knowledge, which they don't have, as far as I know. Needless to say, they can start by reading Ayn Rand's books, including articles she wrote or sponsored on antitrust.Galileo Blogshttps://www.blogger.com/profile/02592692929747610846noreply@blogger.comtag:blogger.com,1999:blog-30495100.post-48862493962184448602009-05-24T15:41:57.826-04:002009-05-24T15:41:57.826-04:00If I were Intel, I would close up operations in Eu...If I were Intel, I would close up operations in Europe, stop selling my CPUs and other tech products there, and let the EU just rot. That'll teach 'em. If every company did the John Galt response, these regulators would soon find themselves with nothing left to regulate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30495100.post-40535231136288390792009-05-14T18:19:00.000-04:002009-05-14T18:19:00.000-04:00We are going to have dismal topics to write about ...We are going to have dismal topics to write about for quite some time. But, in writing about them, we name them for what they are, and that is fighting back.<br /><br />In that vein, I saw that even Treasury Secretary Geithner gave passing acknowledgment to the Fed's role in causing this economic crisis by setting artificially low interest rates for years. Those low rates stoked the housing bubble.<br /><br />We cannot expect someone like him to turn around, but the fact that he acknowledged this is a testament to everyone who has publicly identified the Fed's role in causing this crisis.<br /><br />Fighting back is a way to partially cure the depression.Galileo Blogshttps://www.blogger.com/profile/02592692929747610846noreply@blogger.comtag:blogger.com,1999:blog-30495100.post-85013752278325843492009-05-13T20:57:00.000-04:002009-05-13T20:57:00.000-04:00Thanks for reporting this, GB. The news has been s...Thanks for reporting this, GB. The news has been so depressing as of late.DarkWatershttps://www.blogger.com/profile/05148630809538552374noreply@blogger.com