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||[Sep. 11th, 2008|12:20 am]
Senator Herb Kohl rules:|
That's awesome, we need more senators like him.
Wisconsin has awesome senators - Russ Feingold
has had some fairly major contributions in the last few years, notably opposition to the USA PATRIOT act.
2008-09-11 06:38 pm (UTC)
It is, however, yet another repudiation of the entire Capitalist model, which is that competition drives prices down. Apparently the geniuses who envision a Capitalist society never considered the notion that once the competition was wittled down to just a few big guys, they might actually all get together and say "Hey, why work against each other when we can just all raise our prices together, making none of us any better than any other, and that way we all get paid?" It's what the Recording Industry did with CDs, and why they rose to being $18 each before the government stepped in and body-checked them.
Come to think of it, isn't that theory of staying out of each other's way what John Nash proposed? At least, that's the way it was explained in "A Beautiful Mind"...
That has nothing to do with capitalism, which is an economy based on the lending of money for interest.
Your opposition is to an unregulated free market.
Or to correct myself, really in order for what you're complaining about to be Capitalism whole, you would have to also be talking about private ownership of business and the investment system, though I suppose the definition has gotten a bit vague over time.
But anyhow, I just realized I'm probably starting some sort of thing that I don't want to be in, so that's all I have to say. :-)
Of course it's BS. This is the United States Government we're talking about! We pay them trillions of dollars a year to talk a lot and give our money to military contractors.
i'm not at all impressed when politicians bitch about gas prices, solely when they propose viable alternatives to everyone driving alone in their cars. very few situations truly require driving alone