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Tuesday, October 27, 2009


Sparkie Econ - First Course

Updated competition laws are what we need.

Enforced and updated that is. This is a non-partisan issue - Updated and enforced anti-trust/competition are a necessary measure to maintain and protect the market.

If we discuss compensation of CEOs we are missing the point. Get out the hatchet. In an environment when neither the government or the companies involved have incentive to properly assess value, the least we can do is update and enforce our competition laws. Without accurate information, access to the market is pointless. It merely becomes a venue to get robbed. Competition laws, and serious ones, will prevent the sort of inefficiencies and theft that accompany large government or sector domination by a single private entity or two.

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