Friday, September 07, 2018


Apple Drops To Session Lows After Admitting Its Products Would Be Hit By Tariffs.

I will say up front that I am not a fan of tariffs.  I'm a free market trader. Having said that - the real tragedy of the last 10 years is that the administration suffocated the overall economy while letting companies like Apple and Google and Facebook have enormous power.

Apple controls the Apps Store. Google controls the internet. Facebook controls the media. They have made it impossible for other companies to provide any semblance of competition. These companies will try to buy you, and if that doesn't work - they will simply destroy you.

That's what people should be mad at. Basically 4 companies control the internet. And they will tell you straight to your face - we will destroy you.

I hate tariffs... but I hate these companies more. And they have more money than government.... pretty much.


  1. Under socialism, the government owns the means of production.

    Under capitalism, the means of production own the government.

  2. Under oligarchy, the capital owns the capital.

  3. I've been thinking about this for a few days because I'm a free market person. But I think that companies that become monopolies via government interference should be broken up. I'm all for healthy competition. But a lot of companies only get this big because of government financial help.