Last Updated: Jul 2, 2007
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Issue no. 801
Editorial
Editorial: Who has reason to fight against the bosses’ greed? We all do!
Pages 2-3
40 years ago: Detroit and Newark
Supreme Court upholds racial inequality
Milk prices soar – another scam
Supreme Court’s crazy logic: Price floors help competition!
No white hoods for the modern KKK
40 years ago: Detroit and Newark
Pages 4-5
Arms expenditure: The best support of the capitalist economy
Iraq War: The U.S. surge goes into full gear against the Iraqi people
Release of CIA’s “Family Jewels”: Making the world safe for U.S. imperialism
Pages 6-7
Grocery chain closes in Michigan
Delphi: Down to the lowest tier
Auto: Teach Gettelfinger a history lesson!
Page 8
Supreme Court’s crazy logic:
Price floors help competition!
Jul 2, 2007
The Supreme Court last week overturned a 100-year-old antitrust rule when it decided that manufacturers COULD agree together to set a base price for retail prices on their goods – so long as the agreement promotes competition!
How could a deal to impose a price floor promote competition?!
In the logic of the Supreme Court, very easily. The only competition that matters to them...is the corporate competition for higher and higher profits!