Letter: Competition taken out of the equation

The high cost of prescription drugs is caused in part by the government's Food and Drug Administration, in its war on alternative medicines that have been in use in some cases for thousands of years and with a track record better than some prescription drugs. These conditions exist when competition is removed from the marketplace.

An example is the purchase by Texaco in 1971 of an oil company in Texas selling its products to the independent oil companies in California. There is no longer that capability to own an independent gasoline station that sells products other than the products of the major oil companies.

Monopoly being the contributing factor in our high cost of living, coupled with suffocating government regulations, the unlawfully administered income tax on the citizens of the several states by the United States and the Federal Reserve debt money system, deprives us of the funds we need to pay for the things that would allow us to enjoy life, liberty and the pursuit of happiness as our Founding Fathers intended.

JIM LEE

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