informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Jul 01 2010, 11:58 PM Category: Commentary Source: Mises Economics Blog Print

Random Acts of Government

by S.M. Oliva

Yesterday I posted the press release from the alliance of government agencies and Hollywood studios now patrolling the Internet to thwart savage, non-Johnny Depp acts of “piracy.” Led by Immigration and Customs Enforcement, the Copyright Cartel -- I can’t think of a more clever name -- vowed to “get the illegal choices out of the marketplace,” according to Hollywood lobbyist Mike Robinson, who thanked the Cartel for making the protection of intellectual property a “priority.” Because government values nothing more then the protection of property rights. And who can argue with that?

Still, I’m confused. Because on the same day the Copyright Cartel vowed to protect IP by eliminating “illegal choices” from the market, the Federal Trade Commission announced an order that violates the property rights of Pilot Corporation, a firm that operates travel centers catering to long-haul truckers. The FTC seized 26 travel centers from Pilot and gave them to one of Pilot’s competitors, whom the FTC said had “aggressive expansion plans,” which apparently required the FTC’s help to succeed. (Officially, the FTC justified its use of eminent domain by claiming Pilot’s recent acquisition of another rival illegally reduced the number of competing travel centers that customers were entitled to, thus requiring corrective action.) In this case, preserving competition took precedence over property rights -- a reversal of the Copyright Cartel’s position.

Then there’s the Justice Department’s announcement earlier this week that it successfully extracted $30 million in capital from a liquid-crystal display manufacturer -- part of a larger campaign that’s removed nearly $1 billion in capital from the entire liquid-crystal display industry -- in an effort to make that market more “competitive.” You see, several years ago a number of LCD manufacturers allegedly held discussions among themselves about prices; and even though such discussions were voluntary and involved the sale of the companies’ own property, the DOJ claims this violated the “rights” of consumers who later purchased LCD displays. The DOJ said customers were overcharged. (Of course, the DOJ won’t use any of the funds it seized from the companies to compensate “injured” consumers.)

Again, this is curious. LCD customers were supposedly overcharged for products they voluntarily purchased, while according to the Copyright Cartel, customers paid too little to view content hosted by certain websites. It seems only the government can determine the correct price for any good or service -- and “intellectual property” rights are consistently afforded greater state protection than old-fashioned tangible property rights.





Latest Commentary
- Former Marine on Chris Kyle, American Sniper, and Social Implications
- The American Sniper Was No Hero
- Why I Don't Need To Call A Crackhead Instead Of A Cop: A False Dichotomy Dismantled
- The Truth About American Sniper From An Iraq Combat Vet Marine
- Indefinite Detention: A Hallmark of Tyranny
- The Troops Are Destroying Our Country
- Casey vs. Kyle: On Bloodlust, Loss, and Wars of Choice
- The Pretense of the State of the Union









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Video: Americans Want Obama to Repeal the Bill of Rights - 01/26Dash Cam Video Shows Seattle Cop Falsified Charge Against Elderly Man Walking Down Street - 01/29Video Released of Police Killing Mentally Ill Teenage Girl in Police Department Lobby - 01/29City Settles With 70-Yr-Old Woman After Body Cam Contradicts Officer's Claim She Was 'Resisting' - 01/28Another Reason Uber Gets Banned: DUIs Are An Essential Revenue Stream - 01/29Man Peacefully Walking During MLK Day Rally Blasted with Pepper Spray by Cop - 01/29Case Dismissed Against Officer Who Shot & Killed 7-Year-Old As She Slept, During Botched Raid - 01/29'My House Got Blown Up By An AK-47': No Charges For Florida Deputy Who Shot Up Woman's Home - 01/28

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top