I was in the middle of making those laws Dave is talking about, so his discussion is very familiar to me:
Dave says:
We see this so clearly in the Visa MasterCard monopoly. The abuses are so egregious that it is inevitable that they will get big time blow back in terms of Congress coming down on them.
BUT these “reforms” will be aimed at preserving the monopoly, while creating a new bureaucracy to monitor and control future egregious abuses.
BUT the central abuse, the fact the monopoly exists in the first place, will not be addressed. NOT ONLY THAT, the legal underpinnings of the monopoly will be strengthened TO PREVENT an end run made possible by XML technology.
Congress and the Federal Bureaucracy to a large extent are enemies of America in economic matters. They are an occupying force in our land. Their aim is to prevent us from winning our economic freedom.
Of course they hate technology. Technology represents the weapons that will used to bring them down.
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