Re: Specific Questions

["Perry E. Metzger" <perry@piermont.com>]

Karl Denninger writes:
> > >Of course it is.  If there are 50000 applicants they won't even be 
> > >able to process the applications.  There is always some line where 
> > >you have to throttle things.
> > 
> > At $20,000 per applicant, I am positive that they can find the
> > temporary help to do the work.
> > 
> > I restate, there is NO reason to limit the number of initial entries.
> 
> Really.
> 
> 20,000 X 50,000 = 1 BILLION dollars (that's US billion, or one thousand
> million).
> 
> If they can't keep up with that much money in the coffers I know of a couple
> of national-sized firms that most certainly can.  IBM comes to mind.

Since the $20,000 only comes from the selected firms and the money
from everyone else is returned, the figures you cite are without
basis.

Perry