I am sure old George Soros would agree.
I am sure old George Soros would agree.
I believe I have mentioned in my previous posts some of the problems. But so as not to be labeled as one who uses conjecture and hyperbole I'll go over a few again. In the name of 'fairness' the large telecom companies (but not the smaller ones or cable companies) are forced to open up their regulated services to competitors. What this means in reality is, that companies many of which are nothing more than marketing firms, are allowed to come in and cherry pick the most profitable business opportunities out of the telecom customer base and offer services to those potential customers under there name, using the telecom company facilities, network, and personnel. It is done by forcing the telecoms to lease off those services, which are in most cases below the cost of the telecoms to maintain, to their smaller competitors. That killed deployment of new services. After all, why build out when as soon as you do you'll loose control of it, but still be forced to maintain it for others to use, all the while losing money on it. That policy right there is responsible for killing thousands of good middle class jobs as the telecoms had to slash and burn to cut costs. Network investment in those regulated services plummeted as litigation and regulation churned on for years. That eventually changed things somewhat by bringing the playing field back a little more level. Because it isn't competition when your competitors are allowed to sell your products below your costs - from your store.
During that time nearly all investment went into the non-regulated areas. So yes, I would expect something similar to happen this time if the telecoms feel as though this can't be stopped for awhile. If you'll notice, there has been a fair amount of foreign investment here lately by the big companies. I hope they'll be patient and not panic this time around because it could be disastrous to a lot of people and the health of the network as a whole if they do. And in case you've not already figured it out yes I work for a telecom and have experienced the BS that Title II causes firsthand. I had friends who once worked there too that no longer do because of what those regulations caused. And if you think me talking about companies going bankrupt in this situation is hyperbole then you don't know squat about the history of the telecom business. Most mergers that took place happened because one of the companies was on the verge of imploding and was literally rescued by the other. In some cases, regulators were nearly begging for the merger to happen.
George is going to have eat his wheaties to keep up in the lobby wars.
Comcast has 128 registered lobbyists on the payroll.
http://www.opensecrets.org/lobby/clientlbs.php?id=D000000461&year=2014
and is 8 on the list of the biggest spenders on lobbying last year.
Verizon has 110 registered lobbyists on the payroll.
http://www.opensecrets.org/lobby/clientlbs.php?id=D000000079&year=2014
At&T has 87 registered lobbyists on the payroll.
http://www.opensecrets.org/lobby/clientlbs.php?id=D000000076&year=2014
The National Cable and Television Association has 94 registered lobbyists
http://www.opensecrets.org/lobby/clientlbs.php?id=D000022131&year=2014
and is 7th on the list of the biggest spenders on lobbying last year.
http://www.opensecrets.org/lobby/top.php?indexType=s&showYear=2014
Soros just needs his one servant, Obama. If you haven't noticed this administration and it's agencies are bypassing congress. Why should Soros spend money on lobbyist to congress when he can control the administration through donations to socialist agendas. Buffet has the same advantage with the railroads and the Keystone Pipeline.
Congratulations, you are the first person to play the Obama card today.
Where can we send your prize?
Yep. Facts are facts. The Community Organizer has no idea how to lead a country. Please tell me the prize is a tangled mess of lawsuits for his actions to bypass congress. Once the adults are back in office the mess can be straightened-out.
how is soros really that different than Cuban? Cuban is in an freakin Att commercial. Like cuban is really a party without interest in this whole debate.
Might be true but Cuban is not bent on creating a world (including America) into his idea of a socialist society.. Read up on Soros and his agenda. Read up on his association with Obama.
Under Obama:
Extreme National Debt
Fast and furious
Socialist healthcare - which is failing
EPA control of industry under the guise of global warming (now climate change)
IRS targeting of Republicans
Benghazi
Proliferation of Middle East terrorism because of poor strategy (who tells the enemy your withdrawal plans?)
No boarder control - immigrant workers and terrorists
Veto of Keystone Pipeline
Attempts at gun control (a couple of times) and ammunition bans (both ATF and EPA)
FCC control of Internet
He is either an idiot in his leadership or is being led by others with an agenda for their own personal gain.
How can anybody defend this guy?
Not defending anyone. Merely pointing out that a Cuban mene isn't really a trustworthy source and not without interest in outcome. As others have said, this isn't a thread of facts,s but of hyperbole.
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