Friday, January 22, 2010

THIS MUST BE BULLISH.

I got a call from the Bank Lady [yesterday]. She asked me if I had 5 minutes to answer *20 questions* about my business and the economy in general. I know she was playing to my ego, but hey, it was Friday afternoon and I was in a good mood.

She asked me questions about how my business grossed in 2009 vs 2008. She asked me questions about what was most important for the Obama administration to focus on. (like my opinion mattered.)

She asked me all kinds of questions to stroke my ego and make me feel like a smart guy and that my opinion mattered to the price of prunes in china.

At some point she asked me if I planned to raise prices based on the economy and the worst recession since the 1930’s. I got angry.

I responded that everyone else on the entire planet thinks Anti Trust and racketeering are illegal. Nothing has changed in the last 20 years.

The companies (who pay me) engage in anti trust (behavior)on a daily basis. I am the only person living under communism and everyone else in the UNITED STATES OF AMERICA lives in a dreamworld of free enterprise.

The question and answer session didn’t end well. I told her HELL NO i didn't want to borrow any money even if they drove it over on a flatbed truck to my office.

I’m reminded that what goes around comes around if you wait long enough.

Antitrust Law

United States antitrust law is the body of laws that prohibits anti-competitive behavior (monopoly) and unfair business practices. Antitrust laws are designed to encourage competition in the marketplace. [1] These competition laws make illegal certain practices deemed to hurt businesses or consumers or both, or generally to violate standards of ethical behavior. Government agencies known as competition regulators, along with private litigants, apply the antitrust and consumer protection laws in hopes of preventing market failure. The term "antitrust" was originally formulated to combat "business trusts", now more commonly known as cartels. Other countries use the term "competition law". Many countries including most of the Western world have antitrust laws of some form; for example the European Union has provisions under the Treaty of Rome to maintain fair competition, as does Australia under its Trade Practices Act 1974.

http://en.wikipedia.org/wiki/United_States_antitrust_law