tag:blogger.com,1999:blog-6966265797906043497.post2680630894954617842..comments2024-03-26T16:39:21.906-07:00Comments on Very Dumb Government: How To Punk a SocialistUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6966265797906043497.post-76186776995992009172012-05-24T14:38:17.584-07:002012-05-24T14:38:17.584-07:00Let's take a hypothetical story (this principl...Let's take a hypothetical story (this principle occurs in business all the time) London Co is a large steel mill. They have been in business for 500 years and are filthy rich.<br /><br />Boston Co. gets a bunch of investors and build a new steel mill with all the latest equipment. London Co. keeps any eye on them and learns how much Boston Co precise costs are. Boston Co starts to do very well. London Co. has lots of money and lowers the price of steel below production costs. Boston Co. can't survive. London Co. comes in and buys Boston Co. for pennies on the dollar. Then they cut the worker's wages to 1/4 and tell them be grateful they have a job. <br /><br />Radical "free markets" is one of the main causes of the American Revolution. "Free markets" are not fair markets, and in the end the winner will always be the most ruthless SOB on this planet. Free markets build businesses so powerful that they influence and take over governments. This is in essence FASCISM. This is were we stand today. Banksters have (through congress) taxed us beyond our ability in order to bail out their idiocy.<br /><br />This is why Ron Paul's policies will utterly fail. He is in essence a fascist and so is Austrian economics. But then explaining this to Paul supporters is like Lincoln trying to reason with a southern plantation owner.<br /><br />American system economics placed tariffs to protect our physical productive capacities from raiders like London Co. They also had inheritance laws designed solely for the rich to prevent and break up monstrosities such as Du Pont, Dulles, Bush, Monsanto, Bunge, ADM, Cargil, Pillsbury and give the small man opportunities to safely start up new enterprises.<br /><br />Here is a case in point, this happened to some friends of mine. They went into the mushroom farming business. Montery Mushooms then (its the biggest agricultural producer profit wise in California. Montery Mushrooms cut the costs below production for 2 years and they bankrupted virtually every mushroom producer in the western USA.<br /><br />Now they have doubled the prices and are sitting very pretty and we the consumers are shafted.<br /><br />I truly hate it when I hear the term "free markets" and idiotic Rand and Ron Paul followers spouting their sophistry. (Ron Paul is not pushing this out of ignorance)<br /><br />Stephen ColemanAnonymousnoreply@blogger.com