Federal Government Gives Exxon Mobil Go Ahead For Takeover Bid. Once Again Bureaucrats Flout The Antitrust Rule Of Law.

Wanna bet this is coming from the crooked investment bankers who would make astronomical sums of money for arranging this deal and the massive banks for financing it. ie, Just as we remarked in the last post, bankers only make money by blood-sucking the productive assets of society. Most people seem to miss the point that we have massive banks because massive corporations need them to thrive, as does an overextended federal government as we have remarked a few times in the past. Federal regulators should be breaking up large institutions but instead are encouraging them to become larger. Why? Because politicians have gutted our regulatory institutions and put pressure on regulators to allow a lawless environment to exist for political and financial benefit. Once again political bureaucrats flout the rule of law and contribute to the demise of a vibrant economy.