Our Motto: "Boundless Blessings"

MYTH: Monopolies are illegal versus FACT: The U.S. Supreme Court has long held that the mere possession of monopoly power, and any associated charging of monopoly prices, is not only not unlawful; it is an important element of the free-market system.  The opportunity to charge monopoly prices at least for a short period is what attracts business acumen in the first place; it induces risk-taking that produces innovation and economic growth. To safeguard the incentive to innovate, the possession of monopoly power is not unlawful unless it is accompanied by anticompetitive conduct. In other words, conduct that is distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident. E “CON” NOMICS: The Balancing Act of Keeping (Multinational (MNC’s) Competition & Monopolies in Check. What Can the Department of Justice and the Federal Trade Commission (FTC) Do Differently? Enforcement of Antitrust Laws: Justice Department and Federal Tra

  MYTH: Monopolies are illegal versus FACT: The U.S. Supreme Court has long held that the mere possession of monopoly power, and any associated charging of monopoly prices, is not only not unlawful; it is an important element of the free-market system.  The opportunity to charge monopoly prices at least for a short period is what attracts business acumen in the first place; it induces risk-taking that produces innovation and economic growth. To safeguard the incentive to innovate, the possession of monopoly power is not unlawful unless it is accompanied by anticompetitive conduct. In other words, conduct that is distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident. E “CON” NOMICS: The Balancing Act of Keeping (Multinational (MNC’s) Competition & Monopolies in Check. What Can the Department of Justice and the Federal Trade Commission (FTC) Do Differently? Enforcement of Antitrust Laws: Justice Department and Federal T

  Keep & Guard Our Covenants (Constitutions)  Now we can  look  at  the  word  הלא  (alah) meaning  an  “oath”  or  “covenant.”  The  more  common Hebrew  word  for  a  “covenant”  is  תירב  (beriyt)  from  the parent  root  רב  (bar)  meaning  “grain.”  The  grain  is  fed  to the  livestock  for  fattening.  These  fat  animals  were  then used  for  sacrifices.  Whenever  a  covenant  was  entered into,  such  as  between  a  king  and  his  people,  a  fatted animal  was  cut  into  two  pieces.  The  blood  was  then sprinkled  on  the  parties  of  the  covenant.  Where  the English  phrase  “made  a  covenant”  appears,  we  find  the Hebrew  phrase  תירב  תרכ  (karat  beriyt)  behind  it.   This phrase  is  literally  translated  as  “cut  the  fatted  meat.” Essentially  the  two  members  of  the  covenant  are  saying by  this  cutting  “ if  I  break  this  covenant  you  may  do  the same  to  me ,”  as  can  be  seen  in  the  following  passage.  “The  men  who  viol