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The Port Deal -- Yet another arm of the ignored Octopus of Mergermania [View All]

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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-22-06 06:37 PM
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The Port Deal -- Yet another arm of the ignored Octopus of Mergermania
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Edited on Wed Feb-22-06 06:50 PM by Armstead
One asepct of this port deal that is as troubling as anything. The trend towards consolidation of the transportation and shipping industries.

It reflects the problems associated with one of the most serious -- and ignored -- economic issues of the last 30 years. Mergermania and the mantra that "Bigger is Better."

This is typical of what has been happening in every sector of the economy -- retailing, manufacturing, financial services, THE MEDIA.

And after 30 years of this relentless consolidation -- which is Empire Building plain and simple -- the Democrats still sit around with thumbs upbutts instead of attacking the source of this issue that is undermining our economy and our society.

When the hell are we going to wake up about this, and stop enabling this trend?



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