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A Pro-Merger Government

By Jim Cramer

About this article:
Amid all of the worries about whether the Fed will tighten or loosen, whether it's on our side or not, we keep finding other branches of our government living up to why we elected it: to support shareholders and to be a government for, by and of the corporation. Today, it's the airlines. Can you imagine another time when Continental would consider merging with UAL and we wouldn't even bother to ask about antitrust? These two domestic competitors have helped keep pricing down for years through vicious market-share battles that are all over losing money for shareholders and saving money for travelers. But here we are discussing a merger that can only make travel much more expensive, and it is not even a worry. When we think about this bountiful period in stocks, we have to remember that this administration, despite all of its problems,...

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