Thursday, January 15, 2009

NEW RULE

Strength suffocates competition.

On Tuesday, Morgan Stanley and Smith Barney merged. You may not care. You may not invest. Unfortunately, mergers affect everyone. Mergers eliminate choices. Mergers reduce options. Strength may increase corporate profits. However, strength monopolizes industries. Monopolies impair consumers. For President, Americans enjoy multiple choices. In all other industries, they should also.

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