VIDEO: The Government is a Horrendous Private Sector Prognosticator
We have before us - and the government - Comcast's acquisition of Time Warner Cable.
Which the Leviathan and the Left view as an opportunity to outright blockade the free market. Or, barring that, unilaterally impose many, many a la carte regulations - that they otherwise can't get imposed - in exchange for Mother-May-I government-transaction-approval.
These are known as regulatory "concessions." Absurdly called that because we pretend the imposed-upon companies happily concede to these regulations - the same way I happily concede my wallet to the guys with the masks and the guns.
These "concessions" are imposed - they claim - to try to mitigate what they think will be market harm resulting from the transaction.
But really - who is LESS qualified to prognosticate what will happen in the market...than bureaucrats?
Sadly, this is where we currently stand.
In this video, we assess the situation - and implore the government to not yet again try to guess what's going to happen, and preemptively regulate predicated thereon.
Soothsayers they ain't.