Posts: 69247
Threads: 3759
Joined: August 2, 2009
Reputation:
259
The Scourge of the US Economy
May 7, 2018 at 11:54 am
A problem that is not talked about.... probably because the article forgets to mention that most of our news sources are controlled by a handful of corporate criminal pricks, too.
Depressing article. You know the WLB and his republicunts won't do a damn thing about it.
https://www.rawstory.com/2018/05/one-big...t-nothing/
Quote:This is one of our biggest economic problems — and you’re hearing almost nothing about it
Quote:Why the Monopolization of America is a Huge Problem
The problem with all this consolidation into a handful of giant firms is they don’t have to compete. Which means they can – and do – jack up your prices.
Such consolidation keeps down wages. Workers with less choice of whom to work for have a harder time getting a raise. When local labor markets are dominated by one major big box retailer, or one grocery chain, for example, those firms essentially set wage rates for the area.
These massive corporations also have a lot of political clout. That’s one reason they’re consolidating: Power.
Antitrust laws were supposed to stop what’s been going on. But today, they’re almost a dead letter. This hurts you.
Posts: 9176
Threads: 76
Joined: November 21, 2013
Reputation:
40
RE: The Scourge of the US Economy
May 7, 2018 at 12:02 pm
Yeah, there are supposed to be laws against monopolies, but if no one is enforcing the laws, then they're worthless.
Posts: 69247
Threads: 3759
Joined: August 2, 2009
Reputation:
259
RE: The Scourge of the US Economy
May 7, 2018 at 12:05 pm
True of all laws, mon ami.
Posts: 30129
Threads: 304
Joined: April 18, 2014
Reputation:
92
RE: The Scourge of the US Economy
May 7, 2018 at 12:41 pm
Just last night on 60 Minutes I found out about these BASTARDS:
Express Scripts
22nd largest company in the country, and you've never heard of them.
The granting of a pardon is an imputation of guilt, and the acceptance a confession of it.
Posts: 69247
Threads: 3759
Joined: August 2, 2009
Reputation:
259
RE: The Scourge of the US Economy
May 7, 2018 at 12:44 pm
One of many.
Posts: 30129
Threads: 304
Joined: April 18, 2014
Reputation:
92
RE: The Scourge of the US Economy
May 7, 2018 at 12:48 pm
And Mallinckrodt Pharmaceuticals makes $1,000,000,000 in profit annually from a drug that used to cost $40 a vial that now costs $40,000 vial, and it's used by only 2000 babies.
Where are the peasants with pitchforks and torches ??
The granting of a pardon is an imputation of guilt, and the acceptance a confession of it.
Posts: 19789
Threads: 57
Joined: September 24, 2010
Reputation:
85
RE: The Scourge of the US Economy
May 7, 2018 at 12:53 pm
(May 7, 2018 at 12:48 pm)vorlon13 Wrote: And Mallinckrodt Pharmaceuticals makes $1,000,000,000 in profit annually from a drug that used to cost $40 a vial that now costs $40,000 vial, and it's used by only 2000 babies.
Where are the peasants with pitchforks and torches ??
Most likely than our peasants actually taking their own long term interests seriously, other countries will take advantage of our denial of science, equivacation between facts and propaganda, empowering professional hacks, and abandonment of our own global interests to put traitorous morons into our highest leadership positions.
Oh, wait.
Posts: 30129
Threads: 304
Joined: April 18, 2014
Reputation:
92
RE: The Scourge of the US Economy
May 7, 2018 at 12:54 pm
Starting to understand the pro lifers backing off after the kid is delivered, who the hell has that kind of money ??
God maybe, and He ain't sharing.
The granting of a pardon is an imputation of guilt, and the acceptance a confession of it.
Posts: 19789
Threads: 57
Joined: September 24, 2010
Reputation:
85
RE: The Scourge of the US Economy
May 7, 2018 at 1:55 pm
(May 7, 2018 at 12:54 pm)vorlon13 Wrote: Starting to understand the pro lifers backing off after the kid is delivered, who the hell has that kind of money ??
God maybe, and He ain't sharing.
The more children are forced into the world to endure hopeless misery and deprivated of proper education that would give them a grounding in reality and basis to improve themselves by enlarging the collective pie of mankind, the more the preachers and the unscrupulous already wealthy can take bigger shares of the smaller pie from docile herds of ever more moronic and desperate sheep.
Posts: 69247
Threads: 3759
Joined: August 2, 2009
Reputation:
259
RE: The Scourge of the US Economy
May 7, 2018 at 2:03 pm
A nun, ( of all people!) told off the republicunt shitheads the other day.
![[Image: 12047090_1004970076215108_62864122918884...1465614780]](https://images.dailykos.com/images/262083/large/12047090_1004970076215108_6286412291888440921_n.jpg?1465614780)
Naturally Pope Fuckface will have to get rid of her. Can't have some woman telling off republicunt men for hypocrisy!
|
