Talk of The Villages Florida - View Single Post - Why Obama Scares me
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Old 06-10-2009, 11:48 AM
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Originally Posted by rsetterlund View Post
All of the links are interesting. But all I see is ideas that might have worked say 50 years ago when times were simpler and companies were smaller. Then there was competition and free markets worked. Today one company supplies and sets the price of vast numbers of products. Companies do not build market share by offering better products are lower prices, they buy market share by buying the competition. How about the deal that most wholesales tell the retailers the price they can sell something at or the retailer will not have items to sell. Where is the competition in that. I also see what has happened to the Banking industry when left to their own devices. We are all paying for the cleanup. There have been a number of independent studies that have proven that deregulation of anything ends up costing consumers in higher prices. It has not promoted competition.
What about Fannie May? What good is regulation when the Barney Frank's of the world are watching it?