Tuesday, May 20, 2014

Mergers & Acquisitions for Form Monopolies

The Sherman Anti-Trust Act served us well for many years but the Bush controlled Reagan Presidency was a coup for fascists striving for global control over every industry.

Listen to what Thom Hartmann has to say about mergers & acquisitions to form monopolies and think about all the consolidation that has occurred since the 80's in oil, banking, insurance, telecom, retail, consumer staples, clothing, etc.  They've hollowed out the American economy and replaced skilled labor manufacturing jobs with minimum wage service sector jobs.  Meanwhile personal debt has skyrocketed, small and medium size businesses get squeezed out of markets either by extreme price competition or government regulation that favors big business, or both.  Now we have 50,000,000 people on welfare, more people out of the work force than in it, and significant barriers to entry in small business manufacturing.

Good luck America.



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