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Editorial
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Title: A "Monopoly" is against US Law
Source: [None]
URL Source: [None]
Published: Mar 26, 2011
Author: me
Post Date: 2011-03-26 19:11:26 by Itistoolate
Keywords: None
Views: 271
Comments: 11

So how can the US Government be the "ONLY PROVIDER" of Health Care?

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#4. To: Itistoolate (#0)

The little-known truth is that when the government took Standard Oil to court in 1907, Standard Oil's market share had been declining for a decade. Far from being a "monopoly," Standard's share of petroleum refining was approximately 64% at the time of trial. Moreover, there were at least 147 other domestic oil-refining competitors in the market — and some of these were large, vertically integrated firms such as Texaco, Gulf Oil, and Sun. Kerosene outputs had expanded enormously (contrary to usual monopolistic conduct); and prices for kerosene had fallen from more than $2 per gallon in the early 1860s to approximately six cents per gallon at the time of the trial. So much for the myth of the Standard Oil "monopoly.

According to a socialist idiot I work with, prior to Medicare people just died on their 65th birthday. And beagles love being yanked off the ground by their ears.

Dakmar  posted on  2011-03-26   22:03:45 ET  Reply   Untrace   Trace   Private Reply  

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