MrRodgers -> RE: FCC commissioners move to Comcast shows the revolving door is still spinning (5/23/2011 6:12:52 AM)
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ORIGINAL: Termyn8or Things like this have been going on for a long time. I remember when a single entity could only own the majority in one TV, FM and AM station in any given market. Two stations in the Cleveland market have merged their news departments, 35 years ago they wouldn't dare to even think of doing that. And now for the most part your favorite radio station probably doesn't pick the music. It's done by a programming company. Yeah, "programming", sounds about right. Eventually all the gas stations will be company owned as well. That's the trend, to crush smaller businesses in any given endevor. In time it's going to be like that "Dinosaurs" TV show in which there is one company running everything - the "We Say So" corporation. We know who "they" work for, and it ain't us. They did at one time. When some of the larger railroads colluded and operated at a loss to put the smaller ones out of business the government hit them with the Sherman Antitrust act. We won't see any such actions these days. Of course the railroads were going to raise prices back up to profit making levels - and beyond. How Walmartesque, way beyond their time. These days they would probably get a tax abatement for doing that. T^T Oil and RR were the only two industries against which the Sherman anti-trust laws have been successfully used. However true blue rapacious capitalism survives in spades. The oil companies prior to the latest when there were 7, were each allowed to become bigger than all of standard oil was prior to but after the lawsuit and even those have been allowed to merge. Then the typically risk averse, rent-seeking capitalist got the federal govt. to pick up the tab for all RR medical care and retirement. Don't you love the so-called free market ? [sic] People, this IS capitalism. Govt. regulators are quick in selling out the country to do what...make some fucking money. That's America. Govt. and society exist to serve the profiteers...not the other way around. How many financial regulators have gone to work for Goldman, JP Morgan or BOA ? Anybody know ?
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