Federal price fixing

With the U.S. Injustice Department suing Microsoft, Visa and Mastercard, a naive American might mistakenly think that the Federal government is uniformly opposed to all forms of collusion and “racketeering” (whatever that term means). The Federal government would rather have us believe that it opposes all unfair price fixing, including the price of oil. Big Government would have us believe that it is out to protect our best interests as consumers. Not so.

When it comes to Big Labor, for example, the U.S. Federal Government is all for collusion and labor union price fixing. Indeed, the Federal government frequently assists with ceaseless and constant minimum wage hike proposals. Labor union wage price collusion is perfectly acceptable.

The CNMI is a perfect example. Highly partisan Democrats can collude with protectionist textile labor union leaders in moving to fix the price of our nonresident labor and thereby render it non-competitive.

Yet, the Clinton Injustice Department will never do anything about it. They will not even prosecute blatant violations of the Hatch Act at the US Interior Department’s Office of Insolent Affairs.

The “anti-dumping” trade restriction is yet another form of Federal price fixing. Colluding with highly protectionist elements of the U.S. steel industry, the Federal government effectively gouges American consumers into paying more than they would under a free market, since cheaper steel imports are excluded.

Perhaps most egregious of all, the US Federal Government, through its membership in the Organization for Economic Cooperation and Development cartel, is now engaged in global tax price fixing at the expense of state sovereignty. Through its collusion with other developed nations, the US Government is essentially forcing smaller nations to surrender their tax-haven status, so that impoverished countries such as Panama, Grenada, Nauru and the Bahamas do not allow Libertarian-oriented individuals to escape onerous American taxation.

The lesson here is that countries cannot compete for maximum economic freedom. The US Government will not permit it. It will not tolerate “tax heavens.” The Feds want to collude with other countries. They want to prevent poor countries from doing about the only thing they can do to succeed: offer lavish economic and financial freedoms. The ultimate lesson is that only the Federal government can collude in price fixing.