Monopolies, Reality, OPEC And The FTC

It is interesting the OPEC Nations and the cartel, which affects the quality of our daily lives, personal success, the number of people who can enter our middle class, and all of our businesses and industries including your job.

In our country we have rules about monopolies that we enforce on every large super heavy weight business in every industry. A recommended read would be the book on Rockefeller. If you have already read that book then you understand the remaining points and why we bring up the importance of flow and we are discussing it and comparing it to OPEC.

Rockefeller was beholden to the market place and the supply and demand issues of the day. If his price got too far out of line, then others would jump into the game. OPEC constantly screws with our supply, much worse than the anti-trust issues of yester year.

If it is okay today for OPEC to play these games then certainly Rockefeller did nothing wrong, as a matter of fact, I have never heard of such an important concept such as Anti-Trust, which has so little reality based thinking and has undergone so few changes in the past 200 years. With all the ridiculous patch work within is regulations it throws out the entire idea of capitalism and competition.

The laws are vague, utterly preposterous and reward the weak. The notion that bigness is automatically evil, dangerous to the welfare of free men or bad for the society as a whole makes no sense in a free market economy. The attack on Gates Microsoft, by the FTC, after the people choose them and bought their products and continually wait until the next windows upgrade is beyond me. People vote with their dollar, they chose a company that fulfills their desires, purchase products and services from that company and this is bad?

It appears that the FTC only attacks the visionaries and market winners. Well it must be something like that. Competitors who lose in the market place (Sand Box) go crying to momma or the liberal teacher of academia and liberal media?

Then at the same time when companies want to merge to share costs and use the efficiencies to get maximum use of the economies of scale they are forced into a box of questionable divestitures, all of which end up making the merger less of a good deal as it would have been and all these costs are past onto the consumer who would have had the greatest benefits in the long run. Yes that is right the very consumer that the FTC is sworn to protect.

I give this example due to all the Tiger Marts, which closed after the Chevron Texaco merger. All the jobs lost and the hardship of customers to find a place to fuel up causing longer lines and therefore more demand and therefore higher prices, check the statistics if you disagree. Great so now you have high fuel prices, long lines and you are to thank the FTC for protecting you? From what, they caused it.

The theory that Monopolies, which started small and grew big due to the consumer choosing them over the competition is a testament of a strong free market system with tough competition forcing the best athlete forward for the gold metal and is merely survival of the fittest. It is about the most natural thing mankind has created.

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