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Modern Monopolies

from The Sultan Knish, Daniel Greenfield: Government Power is an Economic Inequality [1]

HMO’s were created by the government. Banks fed off Fannie Mae [2] and Freddie Mac’s subsidized mortgages like vultures. Do we really need to go into insurance companies, defense contractors or Sallie Mae. AT&T is considered one of the worst companies [3] in America, and it’s also one of the biggest political donors [4]. Is there a connection there? Only that companies close to the government don’t need to worry as much about what the public thinks of them.

Hate the airlines? They’ve both been overregulated and subsidized into incompetence. Airlines have been bailed out and protected from competition too many ways to count, because of the unions riding on their coattails.

And those unions are destroying airline after airline, while the non-union airlines prosper.

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