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13 Responses to “Open Post”

  1. shockwaver on February 4th, 2010 3:02 pm

    http://www.google.com/hostednews/afp/article/ALeqM5im7AzPBsRb2Q_qT0FXa8DxrjjLwA
    i thought yes, even before i read this article.
    you cannot have a stable industry with some companies privately owned and some owned by the government. the government will always use it’s legislative and regulatory powers to advantage the companies they own at the expense of the privately held ones.

    also, unions will favor companies that are owned by the government since the government is likely to give better access to the largess of the companies.

    the latter has already happened with the unions (uaw) allowing gm & chrysler certain relaxation of contract requirements and denying those same opportunities to ford.

    this whole fiasco is economic fascism and it does not work. but we plow ahead.

  2. Rhoda Klapp on February 4th, 2010 3:45 pm

    It is not totally unknown for private companies to get together with legislators to tilt the playing field in their own favour using environmental or safety rules in order to eliminate smaller players who endure a disproportionate cost impact. Yes, even under what looks like a right-wing capitalist society. Special interests never go away, and their main aim is to capture lawmakers. There is no left/right issue here.

  3. Ronnie on February 4th, 2010 4:24 pm

    ‘It is not totally unknown for private companies to get together with legislators’

    Interesting turn of phrase Rhoda. You mean ‘pay’ or ‘buy’. Don’t you?

  4. Rhoda Klapp on February 4th, 2010 4:35 pm

    yep. They work so well together. And invariably against the interest of the public.

    And here is Adam Smith on a similar tack:

    People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

  5. An American on February 4th, 2010 6:29 pm

    Rhoda,

    Its true that private business does try and sometimes succeed in its quest to do their competition in…but I have to agree with shockwaver that the government definitely has the more powerful upper hand. That’s why they should never have access to a buy-in of any privately owned business. No one has a bigger bandstand to destroy that the government.

  6. shockwaver on February 4th, 2010 9:37 pm

    rhoda
    my comment was more in the spirit of right/wrong than right/left.

  7. Ronnie on February 5th, 2010 7:55 am

    Wow! You guys have really been brainwashed.

    The primary task of private companies is to maximise revenue by selling their products and services within the most favourable market conditions possible, including removing the competition as quickly and effectively as possible. Thus increasing shareholder value and, fundamentally, surviving and growing.

    Favourable market conditions do not just fall out of the sky, they have to be created by hard work and the utilisation of good solid contacts wherever you can find them, by whatever means. This includes close government connections if required.

    How do I know this? I’ve been doing it for the past 20 years.

    The private sector is not some kind of perfect, law-abiding Sunday school. It is war.

  8. Original Tony on February 5th, 2010 1:10 pm

    I went to a seminar on the diversity and equality bill yesterday and learned two things.

    A. If you are a white, physically well, heterosexual male you will soon be extinct.
    B. Americans are the 3rd biggest immigrant group in the UK…come on over AA (but sorry, leave hubby behind ‘cos of item A above).

  9. Ronnie on February 5th, 2010 2:12 pm

    I wish I’d gone with you OT, I’d pay a lot of money to see that :-) .

    Did you have to stand up and tell them your name? ‘Hi, I’m OT and I’m nearing extinction.’

  10. shockwaver on February 5th, 2010 2:21 pm

    ronnie

    The primary task of private companies is to maximise revenue by selling their products and services within the most favourable market conditions possible, including removing the competition as quickly and effectively as possible. Thus increasing shareholder value and, fundamentally, surviving and growing.

    i agree. however, the car business is not “private” companies going at it. government motors uses my tax dollars in this fight. that is why i called it economic fascism and that is why i object.

  11. Ronnie on February 5th, 2010 2:26 pm

    Well shockwaver, I don’t disagree with you. My tax pounds help pay for Trident missiles which I could happily do without.

  12. An American on February 5th, 2010 3:10 pm

    Ramirez is a genius…I’ve written him a fan letter that he replied to and sent me one of his signed cartoons. This is today’s cartoon….Enjoy!http://cagle.com/politicalcartoons/PCcartoons/ramirez.asp

  13. Original Tony on February 5th, 2010 8:22 pm

    Ronnie…good one…lol :)

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