Most citizens agree that we need the Federal Trade Commission to protect us from Corporate Greed. However any such citizen who believe a government agency will help you in anyway or improve your quality of life is indeed amongst the bottom tier of intellectual capacity. In fact the Federal Trade Commission in their slow response time to pretend to monitor mergers and aquistions have probably single handedly caused more job losses and stock losses then Osama Bin Laden. In fact recently in a Think Tank Conversation it was discussed that the Federal Trade Commission's Anti-Trust Department may in fact work closely with Osama Bin Laden.
Such debate is typical amongst think tanks when discussing the run away over regulation, puffery, self-aggrandizement of such agencies. Some say the SEC also works for OBL, others are convinced that Elliot Spitzer, who is running for New York Government has the same objectives as Osama Bin Laden; to tear down our economy and reduce the power of American Corporations, but, why; to transfer power and wealth out of America?
If we look at the recent mergers in corporate America and the stock price drop while the Federal Trade Commission was collecting and analyzing all the data, we see losses in the 500 million dollar ranges, wow? So, since the FTC caused this when are they going to cut a check to the consumers and investors who lost money, who potentially could have gained from the merger? In reviewing the letters from the FTC to such merging corporations of what was asked for the information was completely irrelevant to anti-trust laws or predatory pricing. As a matter of fact such mergers would open the door for competition and lower prices to consumers, while allowing for some pretty nifty short-term stock price gains to investors.
The truth is the FTC does not know what they are doing, is too caught up in political whims and has way too much power for their abilities and knowledge. The Federal Trade Commission is completely UNFIT TO LEAD and it needs to be shut down for the benefit of consumers and investors both foreign and domestic immediately. If the FTC was required to pay back some of their ill-gotten gains or pay for a few of their mistakes in real losses to investors and consumers the number would supercede ten times their annual budget in my humble economic statistical opinion. Let's do America a favor, a gift to our citizenry; reduce the FTC or close it completely and give America back her right to free contract while reaping the rewards of free enterprise and free markets. Think on this.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
house refresh service Morton Grove ..Prosecutors with political ambitions are known to modify the truth... Read More
Many believe Al-Qaida already has nukes in the United States... Read More
Compulsory-attendance laws force parents to send their children to public... Read More
I. OVERVIEWIn the wake of the September 11 terrorist attacks... Read More
As more and more cities and states set up websites... Read More
We can all see the issues involved in the cloning... Read More
There is something egregiously wrong about a government that will... Read More
America must implement a policy on Election Reform that is... Read More
De-classification of official documents have been a routine practice in... Read More
IN A DAY AND AGE where one voice screaming among... Read More
Former Governor of Alaska, Jay Hammond, died at age 83,... Read More
The Federal trade Commission has a rule, which says that... Read More
Sizing up North Korea is important for a war there.... Read More
Why are intelligent people so afraid of the idea that... Read More
The official working week is being reduced to 35 hours... Read More
Often we see protests at the sites of global leader... Read More
PolicyFederal Fair Housing accessibility requirements for new multifamily buildings should... Read More
An interesting conversation that I thought I must share with... Read More
It is time for a change. A change in philosophy,... Read More
Legislation was introduced into Congress this week that would establish... Read More
Just as everyone has breathed a sigh of relief at... Read More
A. THE PHILOSOPHY OF COMPETITIONThe aims of competition (anti-trust) laws... Read More
I would like to discuss a few issues we have... Read More
Having been to every city in the country over the... Read More
Our Airports have excess capacity, which is not being used... Read More
cleaning service near Mundelein ..The most damaging factor to our economy today is the... Read More
I'm getting a little tired of being lectured by that... Read More
User BaseThe non-US and non-English Web segments have been boosted... Read More
As I read the papers and watch the news day... Read More
Visible remnants of the world's eldest democracy can be seen... Read More
The NSA failed the American people and allowed the attack... Read More
Kudos goes out to the George Walker Bush's Administration and... Read More
Every conflict has its economic moments and dimensions. The current... Read More
Is Ohio Manufacturing Sector really unable to compete in the... Read More
Richard Nixon was by far a most fascinating and colorful... Read More
The Connecticut Conference of Municipalities (CCM) is interested in the... Read More
I would like to discuss a few issues we have... Read More
We have seen an increase in Snowbirds from Northern States... Read More
The man on the tape raised his hand, pointing a... Read More
Well many have complained that the FBI and CIA dropped... Read More
Everyone knows the United States Government often falls down in... Read More
Mexico the country of Salsa, Tortillas and Corruption; I first... Read More
Which companies are most affected by fuel? Who really bears... Read More
The UnbornWith all this cloning in the news one can't... Read More
Judgment and detective work requires thinking about possibilities. One of... Read More
Absolute power corrupts absolutely. Men desire power. Give power to... Read More
The RSS is getting feedback from its 140 pracharaks or... Read More
The Iranian elections are certainly interesting indeed. The ruling party... Read More
Conventional warfare is getting to its limits. Soon wars will... Read More
What has really changed in the housing market with regards... Read More
Political |