Rockefeller, a good robber baron

Discussion in 'History' started by Dinosaur, Nov 27, 2013.

  1. Peregrine Registered Member

    Messages:
    90
    This is preceisely my point.

    I do think it is worth it. I do think a free market is beneficial.

    You are forgetting that people can get very pissed off at a monopolist and kill him. That is a factor in a free market.

    Your last statement of "monopolists are the antithesis..." I disagree with that statement. A monopoly is only a monopoly for the time that it is. Sure it may be 50 years, but at some point, someone figures something out that is better than what previously exists.

    In free markets, consumers rely on consumer protection groups, such as Consumer Reports.

    Anyways, I hope we can shift the discussion.
     
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  3. joepistole Deacon Blues Valued Senior Member

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    22,908
    Well I don’t know about kill, but they destroy the monopoly. The unregulated monopoly is ultimately an unstable institution because at some point the abuses come home to roost (e.g. unions, antitrust legislation, etc.). Monopolies have historically led to economic and social disruptions.

    While the monopoly exists, it is the antithesis of free market competition by definition. If markets were free and competitive, there wouldn’t be a monopoly. Monopolized markets are not free and not competitive. But as previously mentioned there are instances where monopolies make sense (e.g. public utilities) with appropriate oversight and regulation.

    And government regulation.
     
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  5. Billy T Use Sugar Cane Alcohol car Fuel Valued Senior Member

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    23,198
    No need to as your lying. I never stated that the Fed said that. Admit your lying or give link to post where I said that. I did quote two independent sources, which you say are not "creditable," as saying that IN CONTRAST, YOU MORE THAN 16 TIMES HAVE REFUSED TO PRODUCE THE BLOOMBERG LINK YOU CLAIMED TO QUOTE.
    Yes I did speculate that IF the Fed had unencumbered gold (not lent to others) then four C-17s, of which the US has 223, could deliver all 300 tons of the Germany gold back to Frankfurt in less than 12 hours. (It is only a seven hour flight, including the takeoff & landing times.) There must be some reason why Germany has had to wait nearly a year now after asking for its gold back. I also asked you to speculate why the US is stalling.
    Another lie. I said that I did not know if the fox had audited the hen house or not. I, Ron Paul, and everyone informed, including even the Fed its self, knows that the last audit that even had outsiders participating, was six decades ago in 1950.

    When members of Germany's audit committee came (twice) to NYC the were the first time not even taken to the vault. The second visit they did get to look thru an open door, but were not allowed to touch one ounce of gold. I.e. They could not state or confirm it was anything other than hollow thin-walled gold bricks for show.
    Typically you don't give link to your source, but I always do. I gave two, you none. Two are more creditable than none. Since were in this thread, I'll join Dinosaur in asking you for some support for your claim JD raised the price of kerosene. It has been demonstrated then he dropped the price by about a factor of three.
     
    Last edited by a moderator: Dec 17, 2013
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  7. joepistole Deacon Blues Valued Senior Member

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    One credible source to back up your conspiracy claims Billy T, and unfortunately for you your words speak for themselves. And unfortunately for you conspiracy web sites are only credible to conspiracy nuts. There is no indication that the Fed doesn't have Germany's gold. There is no credible evidence the Fed told Germany it would have to wait to get its gold deposits back. There isn't even evidence Germany asked for all of its gold back immediately.
     
  8. Billy T Use Sugar Cane Alcohol car Fuel Valued Senior Member

    Messages:
    23,198
    Certainly that is the POV of horse and buggy industry. I. e. JD and his Esso etc and cars were very big "social disruptions." Please support your claim another historic example.

    You will need to explain to me why stating the FACT that Germany asked for it Gold back nearly a year ago is a "conspiracy claim" - It is just as statement of FACT.
    I have documented in great detail in another thread that all 300 tons of Germany's gold could be flown to Frankfurt with about four (<2% of the US's 223 ) C-17s in less than 12 hours.
    See http://www.sciforums.com/showthread...e-worse-news&p=3143609&viewfull=1#post3143609 and prior post 653 plus 658 also. Here is part of that post 654:
     
    Last edited by a moderator: Dec 17, 2013
  9. joepistole Deacon Blues Valued Senior Member

    Messages:
    22,908

    Unless and until you can provide credible proof of your claims about the Federal Reserve, its gold deposits and Germany, this is a dead issue. Stalking me around Sciforums, reposting your material ad nauseum, and trying to revise your previous posts, isn't' going to change things.
     

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