Posted on 06/08/2009 6:52:11 AM PDT by PeterL
No comprende.
Arise ye russian people, Sergei Prokofiev
Anti trust legislation having teeth again (I am very big on this, monopolies are NOT good for the market) AND preventing corporate America from buying our government (you can see it now with Wall St owning the 0 administration and how much funny money of ours he has poured into the bank)
Yes, I agree with your assertion that market forces are the answer. However corporations do not wish to exist within those market forces (see Pharma companies and the fact they face no competition from foreign competitors, see the fact that supplies of oil are high and demand low yet prices are rising again very fast)
Why do these market failures happen? Simple, because big business BUYS big government and pushes the big government to prop itself up when it fails due to its inefficiences.
We have seen hundreds of examples from TARP to GM being chapter 11 as opposed to chapter 7, the 0 administration discarding the sanctity of contracts and the amount of tax payer money that went to businesses which we complete 100 percent failures and should have failed and wiped out the wealth of the board, the CEOs and the management
Again, what big business now does is PREVENT market forces from acting in the rational way that it should act, and big business does hit by owning big government.
If we truly had market forces acting, many of these zombie companies would be 100 percent dead, and trillions of our dollars wouldn’t have been wasted on them
Looks like a Blog-Pimp!
If you supported 0bama, couldn’t happen to a nicer guy.
Next time vote free market instead of communism.
Troll?
Then to imply that others should stop being so selfish and greedy so HE can get back to his retirement is also ridiculous.
I personally think it sucks that many who have worked so hard and earned a happy retirement have to return to work. But I resent somebody in that circumstance telling me that I'M partly to blame because I work hard trying to achieve and obtain things for myself and for my family.
Psst!
PeterL is a libtard troll. Evidence:
My advice to PeterL to get his career back on track is to advise him to seek a job for which he is qualified. Read this book, Petie:
Warning: the job can involve lots of standing over counters. Not good for geezers with bad backs!
I think troll is the name of this poster.
And I will give you one more example, today, of big business mixing with big government to prevent the free market from operating correctly.
In a true market system there would be NO “mandate” for individuals to buy health insurance. This push does one thing and one thing only, put money in the pockets of insurance companies, whose flawed models have been part of the rise in premiums. These are not the rules of a free market
Private health insurance faces a bleak future if the proposal they champion most vigorously — a requirement that everyone buy medical coverage — is not adopted.
The customer base for private insurance has slipped since 2000, when soaring premiums began driving people out. The recession has accelerated the problem. But even after the economy recovers, the downward spiral is expected to continue for years as baby boomers become eligible for Medicare — and stop buying private insurance.
Insurers do not embrace all of the healthcare restructuring proposals. But they are fighting hard for a purchase requirement, sweetened with taxpayer-funded subsidies for customers who can’t afford it, and enforced with fines.
Such a so-called individual mandate amounts to a huge booster shot for health insurers, which would serve up millions of new customers almost overnight.
FULL ARTICLE:
http://www.latimes.com/features/health/la-fi-healthcare...
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