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To: afraidfortherepublic

This doesn’t surprise me. I once read where Big Oil fund extreme environmental groups. The idea is that if they get stiff regulations past against them, this in turns drives up prices and profits. If they were to really compete for oil and natural gas, this would lower their profits.

The middle class is stuck holding the bag.


3 posted on 12/14/2013 3:27:03 AM PST by HarleyD (...one of his disciples, whom Jesus loved.)
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To: HarleyD

Looking at that list, it instead looks more like the ol neighborhood protection racket. Progressives stopping by on a regular basis to pick up their “contribution” to keep the progressive thugs away.


21 posted on 12/14/2013 4:28:47 AM PST by X-spurt (CRUZ missile - armed and ready.)
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To: HarleyD

Regulations don’t drive up prices and profits directly. But they do repress competition because it’s harder for the little guys to comply plus it prevents new entries into the marketplace.

Many would be entrepreneurs look at all the regs and compliance issues and costs and say never mind, it’s too much trouble.

It’s the lack of competition that drives up prices.


47 posted on 12/14/2013 10:10:07 AM PST by Valpal1 (If the police can t solve a problem with brute force, they ll find a way to fix it with brute force)
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