To: xzins
"My memory of history classes (near ancient by now) says that anti-trust legislation first came about to control John D. Rockefeller and Standard Oil."
For political reasons. He had too much money, and *progressives* didn't like it. The same *progressives* are with us today, either the Mother Jones leftists or the Pat Buchanan *populists* on the right(which differ only superficially). All are anti-capitalists.
555 posted on
11/11/2005 6:39:11 AM PST by
CarolinaGuitarman
("There is a grandeur in this view of life...")
To: CarolinaGuitarman
I have no problem with Rockefeller having a lot of money. I have problems with any tactics he ever used that were intentionally designed to keep all others out of the oil market.
To the extent that he used goons to break kneecaps, lowball pricing to ruin others, and/or paid off politicians to prevent others, then I have a problem. That is not a free market.
It is clear in our day that extremely rich men draw a lot of attention to themselves when they try to influence politics. George Soros is an example.
I guess it is not possible for Soros to do ANYTHING at all with his own money that would be negative for the nation.
That's why everyone loves him so much.
561 posted on
11/11/2005 6:45:33 AM PST by
xzins
(Retired Army Chaplain and Proud of It!)
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