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Date: Tue, 9 Oct 2012 09:18:14 -0700 (PDT)
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Subject: Re: High Gas Prices
From: jon_banquer <jonbanq...@yahoo.com>
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On Oct 9, 9:06=A0am, Richard <cavel...@earthlink.net> wrote:
> On 10/9/2012 10:31 AM, F. George McDuffee wrote:
>
>
>
> > What I proposed is not to eliminate the "free market" but to
> > make it work, at the point of a gun if necessary.
>
> > At a minimum the "free market" requires two things to make
> > it function:
> > (1) People have to know what the total cost of their options
> > are to make rational decisions. =A0Paying some of the price
> > now "at the register," and then paying some more [generally
> > much more] later in your taxes doesn't cut it.
> > (2) There must be enough participants on both sides of the
> > trades [i.e. both buyers and sellers] that no single entity
> > or a few entities can control availabity/demand and prices.
>
> If an industry can buy political power to make favorable regulations
> for itself it is NOT a free market.
>
> If an industry is subsidized by the government, it is NOT a free market.
>
> If lobbyist from other industries (specifically corn in this case) can
> buy political power to cut itself in, it it NOT a free market.
>
> Hells bells, kids.
> There is NO free market in the united States anymore - except for the
> many various black markets...
>
> So, who is handing out Kool-Aid here?

"There is NO free market in the united States anymore..."

Agree. There is no "free trade" either.