[8629] in Commercialization & Privatization of the Internet
Re: ANS and the CIX
daemon@ATHENA.MIT.EDU (Martin Lee Schoffstall)
Sat Nov 27 19:35:20 1993
To: "Tansin A. Darcos & Company" <0005066432@mcimail.com>
Cc: Everyone else lurking on Com Priv <com-priv@psi.com>
In-Reply-To: Your message of "Thu, 25 Nov 93 07:29:21 EST."
Date: Sat, 27 Nov 93 19:34:53 -0500
From: "Martin Lee Schoffstall" <schoff@psi.com>
Hate to break it to you Marty ol' boy, :) but the Federal Government has
given the Generally Accepted Accounting Practices and the rules set up by
the Accounting Board the force and effect of law. As it stands, the GAAP
and other rules are as much "involuntary regulation" as anything created
by a government agency.
Living down here beside Babylon on the Potomac there is a clear difference
The people who rule on GAAP are neither career nor politically appointed
bureaucrats
In addition they don't have a law enforcement section that totes M16's.
Marty
