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New Rules, Enforce the Old Rules, Not One Antitrust Case 8 Years BushCo Pay to Play

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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Mon May-11-09 01:24 PM
Original message
New Rules, Enforce the Old Rules, Not One Antitrust Case 8 Years BushCo Pay to Play
New Rules, Enforce the Old Rules, Not One Antitrust Case 8 Years BushCo Pay to Play

Restoring Trust in Antitrust Enforcement

A Progressive Vision for the Antitrust Division of the Justice Department

The results in many markets are not surprising. A lack of merger enforcement has led to oligopolistic market structures, which foster coordination, higher prices, and diminished services. Moreover, the lack of merger enforcement has created many entities that are “too big to fail” and thus, candidates for government bailout. A lack of enforcement among dominant companies has led to less innovation and economic growth. The general lack of enforcement may lead business to believe the cop has left the beat, perhaps leading to greater efforts at coordination and price fixing as well as predatory conduct.

http://www.americanprogress.org/issues/2009/05/antitrust_enforcement.html

Mergers and Acquisition’s the bigger the better policy of the lawless bush regime. We would not be in this mess if it wasn’t for changing all the rules to fit domination of money and power. Like what the republicans call tax raises its just putting the things back to before the Bush administration of no rules for all whom pay to play.

Not one antitrust case in the 8 years of the Bush administration
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 01:55 PM
Response to Original message
1. New Admins 'new' policy;
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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Mon May-11-09 02:24 PM
Response to Reply #1
2. Diabolical
As the new administration tries to figure out the remedies of 8 years of open destruction in banking and business. The of people on Wall Street say they didn’t see this coming, well that’s a whopper of a lie.

Bush signs tougher bankruptcy bill into law 2005

WASHINGTON - President Bush signed the biggest rewrite of U.S. bankruptcy law in a quarter century on Wednesday, making it harder for debt-ridden Americans to wipe out their obligations.

http://www.msnbc.msn.com/id/7575010/

Now why did they change the bankruptcy law then the Credit Card Companies went public? knowing this mess was intentional. Like premeditated murder, thought up and implemented to steal as much money and gain as much power in 6-8 years rule, then hand it over to the next administration leaving the public barefoot and pregnant with dept.

Diabolical
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 02:26 PM
Response to Original message
3. This is really great. Another case of complete lack of oversight and regulation. nt
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 02:34 PM
Response to Original message
4. K&R+ "Politicizing the Justice Department, Bush takes a page from his father"
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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Mon May-11-09 02:46 PM
Response to Reply #4
5. Freeze all Think Tank Files and prosecute at will.
I would have a court order to freeze all think tank data, this was done by many think tanks doing different parts of the job, Why, so the right hand didn’t know what the left hand was doing.

Freeze all Think Tank Files and prosecute at will.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-11-09 05:08 PM
Response to Original message
6. We do not need new rules, we need enforcement of existing law and existing rules. nt
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