Antitrust = Fair "Competition" Law

The Antitrust law started way back in Roman Times.  They set laws in place to protect the grain traffic.  People were fined if they stopped or interfered with grain traffic.

Antitrust laws were put in place to keep the market place open to anyone -- and -- free to sell their product.  --> Open competition.  So if you were a small mom and pop oil company, you could sell your oil along with Standard Oil.

People who say they are Against Government Regulation are saying:
-- They are OK with REPRESSION of the free market caused by CARTELS.
-- They are OK to COLLUSION among business communities to prevent any one else competing.

I found this graft interesting.  It is the economist's depiction of deadweight loss (inefficiency) to efficiency that monopolies cause.

There comes a point when monopolies create a loss of people buying their products due to "Lack of competition." 

When you have a favorite brand of ice cream say "X" ice cream, you tend to buy only that brand, but you do buy others occasionally. 
     Another ice cream business, say "R" ice cream, wants "X's" customers to buy "R" ice cream.  Instead of making a better product, they buy out the competition, X. 
     Does R make ice cream like X?  No, that's too expensive and they have to cut costs because it cost so much to buy up all X's stock so the company's board would sell the company -- and  then "R" had to pay for "X's" company after that.  So now you are left with only R's ice cream that had to cut quality to cut costs.  
     How is that creating open competition? It didn't.  It wasn't meant to.  That is Reducing the Market.  Now we are left with lousy ice cream, so we just stop buying it.

After all, if you worked at the "X" ice cream factory, you've lost your job and can't afford to buy any ice cream.

The Ayn Rand Business Community running the government

I was just reading about how the Founding Fathers REQUIRED all businesses to contribute to the Country's needs.  They helped with roads, and buildings.  It was an agreement with the business communities to help the country.--Payment

In 1935 when the homeless were roaming the country looking for jobs and food, once again it was the business community who work WITH Pres. Roosevelt to establish ways to get people back to work.  Yes the business community.

Now we have the Ayn Rand's business community.  Rand believes in Self-love and Self-interest.  The poor are Evil.  (Look at the posted 1950 interview with Mike Wallace)

If the Legislators from the Ayn Rand's business community looks at people with disgust because they want, we will NEVER be the country our founding fathers wanted. (Just read Common Cause--We CAN'T go it alone.)

Cutting everything and taking food off people's tables to protect the Ayn Rand Business community will lead to the same RIOTS in 1933-1934.... (Just look at the word Community --> Common + unity  A community includes residents and schools and businesses.)

I have Ted Gaines for State Senator and his wife for State Assembly.  They own and operate a Insurance Brokerage business in Sacramento.

Why can't the Gaines think about the people they are suppose to represent instead of the profits they can accumulate with gutting the government's protect to you and me?  Where are their ideas for JOBS?  To make this country STRONG again?

WI Sup Court told Lawmakers before court acted

When the Wisconsin Supreme Court Justice writes a 2nd paper saying that he supports the GOP.... How can this be anything BUT Political??

Email suggests lawmakers knew court would act - WKOW 27: Madison, WI Breaking News, Weather and Sports

Why Labor Unions?

Why labor Unions? 1932 --> People were fighting for jobs and food.

NIRA (National Industrial Recovery Act) of 1933 --> Roosevelt worked WITH businesses to fix prices and production to HALT deflationary trends. Violent price cutting and wage cutting which led to riots in the streets. (Schlesinger pg 162)

It granted labor to bargain collectively.  US Supreme court struck NRA down--States can't bargain.... Each Business had to bargain with its workers.... Business power = Worker power.... That's how you solve problems...

Oppression never solved problems...only creates problems... Maybe that's why FOREIGN businesses WANT a labor union...clears up safety, worker disputes.... Greed never does...

Lies to scare people again

Sen Pete Sessions said, "Our nation's Social Security Trust Fund is depleting at an alarming rate."

That is a FALSE statement...

Social Security is collected from those making less than $109,000............Every dime OVER $109,000 does not have anything pulled out of it for Social Security nor does it collect any Medicare $$$ after $109,000.

The money collected used to pay the Social Security payments for this year. The money left over..... YES, there is money left over, is put in a BOND and held for years when the funds fall short.

The trust fund is not depleting unless he is talking about the times the federal government BORROWED $$$$ from the bonds.

House Republicans propose Social Security opt-out - The Hill's Floor Action

Supreme Court: Halliburton Class-Action Lawsuit Can Proceed

Wow, the Supreme Court Chief Justice said that Shareholders did NOT have to prove a loss BEFORE proceeding....
That is so Un-Republican.... I thought it was.... Too bad to the middle class....and protect "Cheney's" Haliburton at all costs....

Supreme Court: Halliburton Class-Action Lawsuit Can Proceed

Face The Nation slams Pelosi....

Wow, Nancy Pelosi the MINORITY leader of the house has MORE control over what happens than Boehner or last week's guest Cantor??? WOW....

Also look at the ### of jobs generated in 2005 compared to 6-months of 2011.... OH, I see, it was her fault in 2005.... that the CORRECTED ###s ended up to be a loss-in-jobs....WOW, that sure makes her more powerful than any other Legislator....

So if we say she is "Lying to the Nation" about the Boehner's NO-JOB-Agenda and calling "Health Reform" Obamacare..... It will cover up the fact that insurance companies (29% gain in profits in 2010) had to hire 200,000 new jobs to process the paperwork...(to stop the run on emergency rooms).

WOW, she really is powerful...No wonder Bob jumped in her S%@# about stopping the HOUSE from getting anything done.... Good thing he didn't ask Boehner...it would've made him cry...

http://www.cbsnews.com/stories/2011/06/05/ftn/main20069093.shtml