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My Recent Comments
The Occupy Wall Streat Movement is representative of the 99% of Americans who are rightfully angry and upset with the current state of affairs in America. With multi-national corporations buying off our congressional representatives, on both sides of the isle by the way, and paying for their campaigns, the majority of our citizens can no longer count on legislation that will move the Country in a direction that will benefit all.
The U.S. has a capitalistic system of commerce run amuck. When they threw out the Sherman Antitrust Act and allowed corporations to merge and grow to cut out competition, which is one of the basic tenants of capitalism, we now have banks and oil companies, insurance companies, and car makers " too big to fail".
There are now only 5 major banks, and 3 major airlines and a handful of major ITcompanies in the U.S. now. There are many more examples.
The government needs to reinforce the Sherman Antitrust Act and break up these large conglomerate companies, so that competitiveness can return to the market. This break-up will also allow the smaller businesses that were bullied out of the market place to come back to compete. And yes, the prices will then come down, and more jobs will be created here in America.
[smile]Oct 20, 2011