reply to post by Stewie
Actually if there is more than one company offering the same product and services, that is not a monopoly, rather if it is a few, then it is an
oligarchy. I mentioned De Beers corporation in specific, as it is really one of the last monopolies around the world, and up until the 1980’s
controlled 100% of the diamond market and mines, in all other countries except the United States, and even here, they have an influence over the
diamond market. They are the best modern day example of what a monopoly is, where they control the mine, the cutting and the selling of diamonds in a
majority of the countries around the world, to include how many they release to the open market.
The reason for the too big to fail, is cause when you have a bank, that is very large, international, it holds the assets of many in one institution,
this is similar to the old saying, don’t put your eggs in one basket.
Many banking and financial institutions, along with the public did not diversify when it came to choosing a bank, or financial institution, thus
creating that monstrosity. We went off of opinion and what the rich and investment firms were saying as to where they were banking. So here you have
the problem in a nut shell, a financial institution that is holding a large percentage of the holdings and assets of the country in its vaults, and it
starts to buckle. Would you have preferred it fail taking with it the economy and fortunes of the country in the process, and do you trust that the
federal government is going to move quickly to help those people get back what they lost in the process? That could have taken years and years, and
the people who needed the help and repayment would have been last to receive any help and it would ultimately go to their children and grand children
who would benefit from such.
Now I do not disagree that the Unions at one time were good for the worker and society. Many of the labor and safety laws came about as a result of
their actions. That is not disputed nor should it be. However, when they grow and take in millions and start to get into politics, they cease to be
a part of the solution and start to be part of the problem, getting away from their primary goal and becoming the special interest and in bed with the
politicians. Take the politics out, take out being a lobbyist and keep a low profile, give to the demands of taking cuts, and they would end up
looking better in the eyes of the public than they do now.
Make no mistake about that, if the public did not agree with the unions when they got started, it would have failed from the get go. The general
public knows what is right and wrong and knows what is fair and is not.
Right now, everyone is hurting, and having to make cuts, and it is neither fair nor appealing that where a person who is not in a union has to take
that pay cut, while someone who is in another state, gets a pay raise. It only aggravates the situation. Combined with the different regulations,
states and businesses are left with a very difficult choice. Best case example of this happened in another state, where the entire teaching staff was
terminated, why cause they failed to meet the demands of not only the state but also the federal governments standards, on the No child left behind
laws. It bound the state to take that action, or face fines and penalties from the federal government. And when unions, these days, go into an
industry, they neither play fair, or give the options for people to be a member or not, often forcing those who do not want to be associated with or
wanting to be a part of that kind of organization, to join or look for another job. Many of the strikes, when it comes down to why the workers are
striking, and what all they are asked, more times than not, it have the reverse effect of what they desire in the eyes of the public. The best case
that I know of was the last time in southern California the grocery workers went on strike. It came out that the grocery chains were wanting to have
the employees be more flexible on their schedules, and to pay a higher portion of their health insurance. Now you may think this is bad, until you
find out that a cashier with 5 years of experience was making 18 to 25 dollars an hours, where as managers of convince stores in the same area, with
the same amount of experience were making 12 dollars an hours, how do you think that the public was going to react, very poorly.
There is an old saying: To prepare for war, a country must prepare for peace. To prepare for peace, a country must prepare for war. The military
only does as it is directed, and has to follow the chain of command. A military can not fight without equipment and training, and sometimes on the
battle field, the difference between winning a battle or not boils down to the moral of the soldier, the will of the people and the technology that is
being used. In the aspect of the global age and competing countries, the drive for newer, better and more efficient means to kill the other person is
what keeps most militaries moving and going forward. Alliances between countries, results in one having the bigger military and the other having the
luxury of spending that part of the budget elsewhere. If anything about history has shown us, perhaps it is time the US takes a step back from being
active in the military area and focus on other areas, letting the rest of the world deal and fight with itself. Too often, it is the US that jumps
right in and too often it gets involved where it should not, as cold as it may seem, that means we would have to ignore the genocides and human rights
problems of all other countries, and turn our backs on all natural disasters that hit third world counties. But we don’t, when ever one hits, the
US is the first ones in, and normally it is the military there to ensure the safety and health of the civilian population first and the aid to flow
in. What mucks that up is the governments of a the country receiving aid. Combine that with nations that are aggressive in voice and policy toward
other nations, and the military industry has a market for which it is going to provide services and exploit.
The situations did not grow out of control or too big over night and not all at once, and all of the blame is not solely on one group or another, it
is on all of us. From the people who vote and vote the same line for the same candidate every election, to the politicians who are wanting to further
their own careers, to the very nature of the industry trying to make money, it is a very nasty triangle, the modern day rum triangle.