Re: Specific Questions

[Karl Denninger <karl@Mcs.Net>]

> 
> 
> 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

The point Perry is that with the fees being assessed there is no reason
for the limit on applicants.

With that kind of money to throw around you can easily manage a process
which DOES NOT NEED limits on the number of participants.

That is, if the IAHC is competent.

And even if it is not, for that kind of money you can hire a firm to manage
this that is.

--
-- 
Karl Denninger (karl@MCS.Net)| MCSNet - The Finest Internet Connectivity
http://www.mcs.net/~karl     | T1's from $600 monthly to FULL DS-3 Service
			     | 99 Analog numbers, 77 ISDN, Web servers $75/mo
Voice: [+1 312 803-MCS1 x219]| Email to "info@mcs.net" WWW: http://www.mcs.net/
Fax:   [+1 312 248-9865]     | 2 FULL DS-3 Internet links; 400Mbps B/W Internal