You can fool nearly all the people…

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Tag Archive for ‘Capitalism’

Medicare destruction initiated by Trump, sounds like Paul Ryan. Mr. President feeds us “fake news” to enrich healthcare industry

“As long as I’m president, no one will lay a hand on your Medicare benefits,” President Donald Trump told the seniors at The Sharon L. Morse Performing Arts Center. He was celebrating the October, 2019 signing of his executive order to allegedly “protect and improve” the program. Most of the audience clapped, but some had fallen asleep, and they were wiser for it. Since he sauntered down the steps of […]

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China’s companies win the race for producing employment giants, dwarfing American firms like GM, Apple or Exxon

When you don’t count Walmart, the largest employers in the world, are in China, not the United States. And the biggest firms in China are industrial and manufacturing companies, not a low-wage retailer China National Petroleum (1,636,532), China State Grid (913,546), Foxconn (803,126) and Sninopec (667,799) together employ 4,021,003 workers. Foxconn is well known in the U.S. for producing Apple phones in Longhua Town, Shenzhen, in the south of China. […]

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How the “free market” in toilet tissue tricked you

Sometimes you have to cringe when a Capitalism fan praises the wonder of the “free market.” For example, “free market competition lowers prices…” Sounds great, but visit a store and compare the price of batteries from various companies – each one is within a penny of the other. Listen to the CEO of a major airline who explains: “we no longer compete on price because that’s bad for profits for […]

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