Dr. Paul is on the Ball!

Scroll down to check out this interview with Dr. Paul - once again he is on the ball!

There's nothing inherently wrong with a big business as long as they arrived at and maintain their size by providing goods and services that the public desires. Look at the Fortune 500 from today and from 30 years ago and you will see a long list of "corporate monopolies" that are no longer on the list or no longer even exist, because newer, more innovative companies provided better, more cost effective goods and services.

A big business is only problematic when it:

1. Arrived at or maintains it size and market dominance through government subsidies, preferential treatment, i.e. "corporate welfare" and anti-competitive regulations that limit the entry of new players into the market.

2. It has a truly dangerous product that the market or the government has failed to regulate. In the age of the instantaneous global communication, vigilant safety advocacy groups and an increasingly educated public, the market is usually quick to punish companies that produce truly dangerous products. China's loss of hundreds of millions of dollars because of the lead scare improved the safety of its products to a degree and at a speed far greater than any corrupt regulatory body could hope to do. And those that provided lead free products from the beginning gained a competitive advantage, profited and grew.

http://www.youtube.com/watch?v=nODyj8H68TA