the chinese vitamin cartel once they had power they jacked the price 400%. we know that is what happens. that is the way it goes. we should keep in mind but with a variety of product and quality of product put in front of us, but how aboutobs? that is a big issue to date i am sure the president will talk a lot about jobs. simple common sense tells us monopolization will reduce the bargaining power of the people who work for those monopolies. but to give you a sense of how this works it is the advertising industry. if you watch that tv show madmen? it is about all of these very scrappy little companies all of those companies in recent years have been bought under control of the three holding companies wpp and on.com. those people are compared even 10 years ago they have a lot less ability to trade labor on the free market. but monopolization also affects a number of jobs in this country. mergers of 10 disk-drive jobs. pfizer the world's largest drug company was allowed by the government to take over why if and a $68 million deal. they said we will do it becau

the chinese vitamin c cartel pretty much the day after they finished consolidating the power over a vitamin c ascorbic acid the jack the price 400%. but we know that is what happens. that is just the way it goes but we should also keep in mind it affects us as consumers in the variety of product put in front of us and the quality of the product put in front of us but how about jobs because that is a big issue today. i'm sure that tonight the president will talk a lot of jobs. now, simple common sense tells us that monopolization will reduce the bargaining power of the people who work for those monopolies who are in the control of those monopolies, and just to get a sense of how this works you consider the advertising industry. some of you watched that show, "mad minn." and it's about all of these sort of scrappy little companies, jay walter thompson, leo burnett, all of those companies in the recent years have been brought under the control of three holding companies, omnicom, interpublic and wpp to the people who work for those companies compare to even ten years ago they got a lot less ab