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Price fixing has no consequences

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By Robert Kuehl, Davenport | Tuesday, May 13, 2008 10:05 PM CDT | () comments

It must be legal to fix prices now that we have special interest groups that act as monopolies. Certainly deregulation of energy supplies has paved the way for windfall profits and obscene corporate executive compensation, while the working class now requires both spouse’s incomes.

The auto manufacturers and oil companies are fixing prices in a conspiracy to defraud the public. Check with the dollars per pound for a new car or truck. The prices at the branded gas pumps go up and down in unison, but always within pennies at same locations across the country. We now hear the fuel economy is being adjusted to 35 mpg by 2020.

I wonder what type of vehicles will be exempted next to avoid the gas guzzler tax? It would be interesting if an investigative reporter would track the payback that the big three received from the 1993 Partnership For a New Generation of Vehicles project and the promised 80 mpg affordable family sedan. Who is doing Clinton, Obama and McCain’s job while they are claiming my life is better because of them?