Sunday, December 19, 2010

Corporations

Corporations are a target of the left/Hollywood. Even some kids games such as ToonTown really dump on companies. As usual, they call them evil.

The truth.

Who drills for crude oil, moves it half way around the globe, refines it, and has some one on every corner selling it? Exxon. Sure they make a good deal of money, but they employ many people and serve many more.

Remember the stories of bread lines from the USSR. Capitalism is way better. We can get darn near anything to eat at a grocery store, and staying away from prepared foods, pretty inexpensively too.

Could the bureaucracy that provides public housing do that well. No way.

Corporations, think about life without them. It would be pretty bleak.

3 comments:

  1. Mr. Webster defines "curmudgeon" as a crusty, ill-tempered person, usually an old man. From what I see on your blog, you don't fit that. Rather, you are someone with political, economic and social concerns, and with fairly well-formed views on those issues. That's good! We need more people to get involved in the process of running America because the biggest problem in our nation, bar none, is the ignorance and apathy of the electorate. That has allowed career politicians to hijack the government and turn taxpayers into economic slaves serving them.

    So stay with what you're doing. It is a healthy attempt to correct much that is wrong with America. Personally speaking, I see America declining in civility, morality and patriotism. It has been going on for at least five decades. So "fixing" it won't happen overnight. But the fact that you are involved to the extent you can is praiseworthy. Welcome to the arena of public discourse and freedom of expression.

    A. T. Partier
    aka John White

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  2. The problem with corporations is where they intersect -- purchase -- Washington. Look no further than Hank Paulson letting his competitor, Lehman, fail... while giving a backdoor bailout to his former firm, Goldman Sachs, via the well-known AIG Bailout.

    Corporations that buy Washington pols to increase the barriers to entry to their market are not really the problem. They're simply taking advantage of the problem: Washington. And there's one good way to fix that: the voting booth.

    But I do think big corporations are often part of the problem. From what I recall, BP was literally in bed with the MMS. That needs to stop.

    I do agree though that our system works way better than most. We just need to clean house from top to bottom.

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  3. There are some bad apples, but I do not want to flush the whole system. Reference the Pencil article http://www.econlib.org/library/Essays/rdPncl1.html
    CTC

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