Saturday, June 13, 2015

WHY HILLARY CLINTON SHOULD NOT BE ELECTED PRESIDENT...

Hillary Clinton recently claimed that prosperity is not just for CEOs and Hedge Fund managers.  She conveniently forgot that prosperity may not just be for Ex Presidents either.  

Furthermore, she doesn't bother to point out that if state governments, university endowments, unions and others did not give hedge funds their assets to manage, hedge fund managers would be making a lot less.

She said that democracy is not just for corporations. She left out almost everyone works for "corporations". Corporations are the basis of how we organize together for a substantial part of our lives. 

She conveniently left out that the entertainers and Hollywood people that support her are billionaires and millionaires  and CEOs.  To be more precise, she forgot to point out that almost the entire retirement and pension system is funded in one respect or another by our corporations.  She also left out that a significant portion of the wealth of the country is invested for the benefit of millions and millions of future retirees in the stocks and bonds of these corporations for which "most of us" work.  She also doesn't seem to care or know how the economy functions (for another time).

She should not be running for President because her campaign will be based on these kinds of deceptions and outright belief that the electorate is "stupid".

 

Wednesday, June 3, 2015

FIFA SUIT IS DUE TO RUSSIA, OIL AND GOOGLE..(ORIGINALLY PUBLISHED 9/22/11)...



If you want to be really disgusted with the functioning of the Justice Department, take a look at the extensive list of antitrust cases filed under the Department's website.

The Justice Department has brought cases against Alcoa; a company that's gone nowhere, Eastman Kodak; a company that is virtually out of business, Microsoft; as it came under intense competition, IBM; still around but not really ever growing, etc. Now they are finally attacking Google, as it's primacy in the Internet market comes under fierce attack.

I decided to just pull a case at random. It's hard to believe but in 1993 our Justice Department, yours and mine, actually filed a case against a company for attempting to maintain the retail price of HOCKEY SKATES WITH V2 BLADES. There is no more inept view of our country than the destruction brought to the business community by the insanity of having an antitrust case over hockey skates.

Another example of a government department that's overzealous, over sized and out of control.

THE BLOG IS BACK

I decided to put the website back up because so many people reached out and requested I do so.  Thank you to all of our loyal followers. 
 

Shepard Osherow. All Rights Reserved