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Biden targets railroads and ocean shipping
with executive order on competition

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Posted By: Skinnydip, 7/9/2021 10:48:28 AM

President Joe Biden hopes to rein in supposed unfair practices in the railroad and ocean shipping industries as part of a sweeping executive order addressing competitiveness.The order will be issued in the coming days and will encourage the federal agencies regulating railroads and ocean shipping to take various actions that the White House believes will promote competition and lower prices for U.S. consumers, a source familiar with the plans told the Washington Examiner.[snip] The executive order on competition is broad in nature and doesn’t just address railroads and ocean shipping but is an attempt to target the biggest businesses while encouraging more competition.  CORRECTION*

Comments:

Dem's favorite: more regulation. Lawyers are thrilled.

*Intro content added.  Please post to full word limit.

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Reply 1 - Posted by: RobertJ984 7/9/2021 11:01:33 AM (No. 840292)
Why is Congress even needed if Biden is going to rule everything from the White House?
20 people like this.

Reply 2 - Posted by: Highlander 7/9/2021 11:01:37 AM (No. 840293)
Why, oh why, can’t democrats leave businesses alone?! I know the answer, but still, they should go after real crime, like border crashing, gangs, rioters, etc!
11 people like this.

Reply 3 - Posted by: TrueBlueWfan 7/9/2021 11:03:14 AM (No. 840295)
If these morons currently operating in the WH reeeaallyy want competition, maybe they could do something about their monopolistic big tech buddies that stole the election for them, but then they'd never "win" again.
13 people like this.

Reply 4 - Posted by: bamboozle 7/9/2021 11:15:28 AM (No. 840311)
Next will it be the anti dog eat dog law?
7 people like this.

Reply 5 - Posted by: jollytroll 7/9/2021 11:18:13 AM (No. 840315)
My business has been very negatively impacted by high shipping costs, but the *last* thing I want is Government "help"!
13 people like this.

Reply 6 - Posted by: Starboard_side 7/9/2021 11:28:56 AM (No. 840333)
I can assure you, every possible shipping asset is being deployed around the globe. Practically every ship is operating and chartered, every container is being used, every chassis too. They can't build containers fast enough. One of the arguments by the exporters is they aren't willing to pay a commensurate rate for what they need. Few imported containers are destined for the areas for most export commodities. And, most want 21 days free time at destination for their containers. When an ocean carrier can flip that same container, if shipped empty to say Shanghai, within the week of it's arrival, and put on a vessel with high-paying cargo to support the expanding e-Commerce business demand.
5 people like this.

Reply 7 - Posted by: skacmar 7/9/2021 11:32:54 AM (No. 840336)
Sounds like a whole bunch of new rules telling shippers how to do their jobs and how much they can charge for their services (according to what the government and their corporate friends think is "fair"). Sounds like some of the rules implemented in the beginning of Atlas Shrugged.
9 people like this.

Reply 8 - Posted by: padiva 7/9/2021 11:43:52 AM (No. 840344)
Is this a violation of any RICO laws? Does the gov't think that it can exempt itself?
4 people like this.

Reply 9 - Posted by: jhpeters2 7/9/2021 12:08:04 PM (No. 840370)
All fines will travel to and pay for more democrat feather bedding - a quasi-legal slush fund similar to the CFPB under Squaw Warren. Bet on it. This reason is why the order was given.
4 people like this.

Reply 10 - Posted by: Birddog 7/9/2021 12:13:12 PM (No. 840379)
The pair that gave us "Clintons", Buffet and Tyson.....Are NOT Amused. Buuut....maybe Buffet negotiated this in exchange for the ending of various pipelines, insuring his tank car/RR businesses remain in control of that oil transport?
2 people like this.

Reply 11 - Posted by: Come And Take It 7/9/2021 12:16:19 PM (No. 840388)
How about addressing the government interference in pipelines vs. Warren Buffet's railroads?
4 people like this.

Reply 12 - Posted by: sanspeur 7/9/2021 12:55:02 PM (No. 840425)
Remember who benefits ? cui bono ?? turtle’s xicom spousal unit was sect’y transp. Her family is xicom “royalty”! And the wimpy ( just pushed last week as prezzy potential (ha)) Buttigig is the stamp of rubber for all this .I will betcha this IS to “quid pro quo for an upcoming “bipartisan “(spit) deal to sell us out on the stimulus pos the marxists are pushing .bought off the compromised , rich in the rino party
0 people like this.

Reply 13 - Posted by: Mike22 7/9/2021 1:25:06 PM (No. 840438)
Directive 10-289. There was a book written in the 50s that I thought was cautionary, I did not know it was prophecy. I do know the left hates and has always hated the author.
1 person likes this.

Reply 14 - Posted by: stablemoney 7/9/2021 1:42:25 PM (No. 840449)
If the WH wants competition, maybe we could set up a second WH with Trump as President. I would elect to be governed by the Trump WH.
0 people like this.

Reply 15 - Posted by: Hermit_Crab 7/9/2021 1:48:15 PM (No. 840453)
10% to The Big Guy, and he will look the other way.
0 people like this.

Reply 16 - Posted by: OK state mom 7/9/2021 1:59:43 PM (No. 840462)
Biden won't do anything unless Warren Buffet approves.
0 people like this.

Reply 17 - Posted by: rochow 7/9/2021 3:14:54 PM (No. 840565)
Giving the Chinese more hands up??
0 people like this.

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Posted by Skinnydip 7/9/2021 10:48:28 AM Post Reply
President Joe Biden hopes to rein in supposed unfair practices in the railroad and ocean shipping industries as part of a sweeping executive order addressing competitiveness.The order will be issued in the coming days and will encourage the federal agencies regulating railroads and ocean shipping to take various actions that the White House believes will promote competition and lower prices for U.S. consumers, a source familiar with the plans told the Washington Examiner.[snip] The executive order on competition is broad in nature and doesn’t just address railroads and ocean shipping but is an attempt to target the biggest businesses while encouraging more competition.  CORRECTION*
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