Anti-Trust Laws Help Lose Jobs and Hurt Consumers

There always is a debate about what actually is a monopoly. Many on the left consider size alone as the deciding factor, when in the past, the competitive effect on the consumer was always important.

The bottom line as to whether there is a monopoly or not should be the effect on the consumer. If the corporate situation being investigated helps the consumer, then there is no monopoly. The whole intent was the interest of the public.

What is telling is this administration’s position and the support of lawyers, who are always ready to sue. But such plaintiffs do not always have the consumers’ interest at heart.

What about jobs? Any such effects of strict leftward action will be negative as a result. (See the Earl J Weinreb NewsHole® comments.)

Faulty Do-Gooders Doing Business Mischief Overseas

The Foreign Corrupt Practices Act or FCPA has been in existence since 1977. Under the legislation, American companies are not permitted to bribe overseas government officials to get business. It’s to show our morality when our competitors have their pocketbooks open.

Now, however, FCPA is being more strictly enforced by Uncle Sam, in the midst of the American deep recession.

But it’s not jut a matter of following the law. It’s an impracticality, morality aside.

Supervising massive numbers of managers overseas is difficult. And the expense of supervision is extremely costly for large and small businesses operating overseas.(See the Earl J Weinreb NewsHole® comments.)

Demagoguery: Politicians' Relations to Banks

Blame banks for everything. Making loans too easy to get when political policy is to make mortgages available for all. With little chance of repayment.

Then penalizing the banks for facilitating the processing of such loans.

Then suing the banks at state levels when federal suits are exhausted.

Thereby taking needed capital while blaming banks for not having enough capital for safety. (See the Earl J Weinreb NewsHole® comments.)

Frequent Franchisee Disappointments

Surprising to hear of franchisee associations suing for not enough promised marketing help?

Happens all the time, whether franchisees are making money or not. They are usually giving up about half their profits, if any. (See the Earl J Weinreb NewsHole® comments.)

Business Risks for Bosses and Employees

Four types of business risks are:

Knowing what the possible risks are.

The size, types and pitfalls of accounts receivables.

Salary excesses, their fringe costs and how they can be controlled.

Existing and potential production problems and where they can be regulated .

These problems in many companies, large and small, are compounded by the inability to recognize them early on. And to monitor them, while managing their potential risks on an ongoing basis. (See the Earl J Weinreb NewsHole® comments.)

For-Profit-Schools Are Better?

For-profit-schools don’t burden themselves and students with expensive tenured professors who do little teaching.

They are not stuck with prestige goals of old alumni. Who keep them financed more than tuition alone.

Some poor schools have gotten full attention in the past. They have to generally do a good job, however, or won’t survive in the long run. They will. (See the Earl J Weinreb NewsHole® comments.)

College Debt Burdens

What about college-imposed debt?

The numbers on this subject from the College Board are for the average students. The estimates do not take into account a list of important factors, not only student debts racked up in going to college.

They ought to include debts of their parents, that weigh down college advantages. Interest on the debts are also huge and add to problems associated with those debts. (See the Earl J Weinreb NewsHole® comments.)