 sbrookPremium,Mod
join:2001-12-14
Ottawa
kudos:4
 ·TekSavvy Cable
·Rogers Hi-Speed
| reply to Minimal
Re: The Blood Letting for Consumers continues The companies became as large as they are because they were allowed to do so in the name of the free market.
Time after time, we see evidence of what happens when we open the door to a "free market". All those free market players in the US LD industry have vapourized. The VoIP industry rocks back and forth. The energy industry suffered Enron. GM's nearly bankrupt. Chrysler is now owned by Fiat because nobody can keep it afloat. Eastern Airlines bought and sold in pieces at the expense of the creditors while the owner sneaks away with millions.
Time after time self regulating industry fails itself due to greed.
The collapse of the banking industry in the US should show what is happening. Free market capitalism doesn't work due to people's greed. Our government is trying to recreate the US mess in Canada. |
