Saturday, March 23, 2024

What Have We Wrought

If you run a successful business, you best gird your loins. The DOJ is now investigating Boeing. It is likely outrageous fines will result. Trump’s businesses and real estate holdings are on the chopping block to pay up on the punitive monetary findings levied against him in the liberal court system in New York. The US Attorney General is suing Apple for anti-trust and monopolistic practices in the smartphone market, apparently never having heard of Samsung. Big Pharma has long suffered at the hands of the government through lawsuits, price controls, or, in the case of COVID-19, by confiscating cutting-edge technology. It appears that lately, the government is using big business as their piggy bank with hoards of attorneys paid for with your tax dollars harvesting greenbacks from wealthy corporations. Granted, there should be regulation and oversight, but the punishment as of late seems out of scale. The message is clear:  do business in America at your own peril. And the result will be as it always is. The middle class will bear the brunt of price increases and loss of access to services as businesses pull back, and we will all suffer the consequences of less innovation in pharmaceutical research. But Leticia James, Merrill Garland, and a host of self-righteous government-sponsored drones will pad their resumes and further their careers while filling the coffers of the voracious, insatiable beast that is government. 


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