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Could the Kroger-Albertsons Merger Spell Major Trouble for Us?

Why does a Christian news and inspiration website cover issues like this? Dating back to 1978 when I was at Brown in Minneapolis, I was trained in journalism. I got my certificate in journalism. I was taught by the late Mike Kronforst, as wonderful teacher and friend. A key issue for all of us is pocketbook issues, as we called them in the day. So I am very concerned how this merger will turn out for you and me and our budgets. Times are very tough in America, and getting tougher. The politicians, both sides, are not looking out for the American people. They are not getting the business of the America people done. I am sick and tired of hearing the claim by these ‘nothing noise’ politicians that they have bettered the life of me and Sharon and our family with better and cheaper health care, lower drug prices, and so on. We do not see that. I do not trust both parties. What happened? All these big companies that bought up hospitals and other health care facilities were to help us? Some people have to wait weeks even months to see a doctor here in New Mexico. Nursing staffs are short on staff and overworked, doctors have left New Mexico. I have never seen America in such sad shape. Think of a 95 widow in America living alone trying to deal with all this. Politicians just do not care. Do you? Who cares about you and me? JESUS! Man created this mess. This is what happens when a country does not follow Biblical principles. It is all about MONEY AND POWER, AMERICAN GREED! The elderly are so much in my prayers, as this world gets less and less personal.

The LORD has shown me over the years that I kind of have the news reporting style of Will Rogers. I also had a great teachers in newsman Marv Boone who served the Cleveland and South Bend/Elkhart radio markets so very well years ago and New Mexico Hall-of-Fame radio news director Frank Haley. I just try to report the news in a simple way to the world. I am no fancy, dancy reporter. I try to relate to the pain of people. Will Rogers is a hero of mine, back in the day they would say, Will was on the site of disasters before the Red Cross.

Yesterday when I was in Smiths and employee told me she is very concerned as to what this possible merger will mean to workers and customers.

I am so leary of Kroger buying up Albertsons. What do you think? Here in Albuquerque we have the Albertson grocery store chain and the Smiths chain which is owned by Kroger. Will it mean better prices for us? I am so old I know my American history and the story of Standard Oil and John Rockefeller. By 1880, Standard Oil owned or controlled 90 percent of the U.S. oil refining business, making it the first great industrial monopoly in the worldBRIA 16 2 b Rockefeller and the Standard Oil Monopoly

A monopoly, as described by Irving Fisher, is a market with the “absence of competition”, creating a situation where a specific person or enterprise is the only supplier of a particular thing. Wikipedia

This is from Danielle Braff:

As customers struggle to grapple with soaring food costs, and as inflation continues to rise, one massive supermarket merger threatens to do even more damage to our wallets.

Kroger announced earlier this month plans to purchase Albertsons in a $24.6 billion deal that would combine various chains throughout the United States, including Ralphs, Mariano’s, Fred Meyer, Safeway, and Vons. The mega-merger would give the company a total of about 5,000 stores throughout 48 states, accounting for about one-fifth of the grocery market in the United States, according to The Guardian.

More from Danielle Braff Here

US lawmakers skeptical grocery merger will mean lower prices

History of U.S. Monopolies

Monopoly Examples

 

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