Political Quotes

“Mr. President, our economy is in trouble. In markets all across our economy, a few giant corporations hold all the power. It is everywhere. Four airlines control over 80 percent of all domestic airline seats in America. Five health insurance giants own over 80 percent of the health insurance market. Four companies dominate over 80 percent of the beef market. Three drugstore chains control almost all retail pharmacies in the country. Two companies sell more than 70 percent of the beer in America. As competition has been snuffed out in industry after industry, big corporations have made out like bandits, and everyone else has paid the price. How do we pay? American families shell out more for lower quality goods. Small businesses find it harder and harder to compete against the big guys. Innovators and entrepreneurs struggle to promote new ideas that can change the world. Income inequality has left more American families struggling to make ends meet as the top 1 percent has grown even richer and richer. As fewer companies have seized more economic power, they have translated their economic muscle into political power--power they can use to elect the politicians they like, get the kinds of laws and policies they like, and run up even more economic power. It is a nasty, self-perpetuating cycle, and it is exactly why Congress created antitrust laws over a century ago.…”