There is so much regulatory capture here. These companies might as well be government bureaus. And we know they are in bed with the NSA (not their fault, they are forced to be).
If somebody is screwing somebody with regulation, it might as well be that the public screws the shareholders, not the shareholders screwing the public (as it currently is).
edit: After further consideration, maybe I should just buy stock in these companies. If somebody's screwing someone, I guess it's preferable to be on top.
Though in the long run I think I lose either way because political influence-peddling is so destructive to the market and society we all live in.
> Together, Comcast and Time Warner Cable will make life online better for more people by bringing faster Internet speeds, a more reliable and more secure network, net neutrality protection, low-cost Internet access, and programming diversity to millions of new customers across the country.
Surely this is satire. Net Neutrality? Community Investment? Product innovation? All of these items are on the opposite end of the spectrum as Comcast + TWC.
The only one of those that I think would actually happen is the "low-cost internet access", and that only if the government mandates it like they did with the Comcast and NBC merger. The program that resulted from that, Internet Essentials, works well in my hometown and was extremely helpful for my family when I was in high school -- not to mention the fact that although they only officially offered "1.5mbps", we averaged well above that, frequently reaching 1MBps or more.
I read somewhere that in some areas it was excessively difficult for people to sign up for, but it turned out to be easy enough for us. Mandating the continuation of that program, and more like it, could be at least one positive result from Comcast+TWC.
javert|11 years ago
If somebody is screwing somebody with regulation, it might as well be that the public screws the shareholders, not the shareholders screwing the public (as it currently is).
edit: After further consideration, maybe I should just buy stock in these companies. If somebody's screwing someone, I guess it's preferable to be on top.
Though in the long run I think I lose either way because political influence-peddling is so destructive to the market and society we all live in.
tubbs|11 years ago
Surely this is satire. Net Neutrality? Community Investment? Product innovation? All of these items are on the opposite end of the spectrum as Comcast + TWC.
ceejayoz|11 years ago
jordonwii|11 years ago
I read somewhere that in some areas it was excessively difficult for people to sign up for, but it turned out to be easy enough for us. Mandating the continuation of that program, and more like it, could be at least one positive result from Comcast+TWC.
blutgens|11 years ago