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Thursday, December 23, 2010

FCC chairman seeks conditions on Comcast, NBC deal - Chicago Sun-Times

FCC chairman seeks conditions on Comcast, NBC deal - Chicago Sun-Times


OK, I must have fallen asleep here? The only condition this chairman has to set is the "Sherman Anti-Trust Act of 1890".

That old saying of "History repeating Itself", applies here. Here we find ourselves as a country sneaking back in time, creating "Monopolies" again. You can pretty much take it to the bank that there will be "Price-Fixing" going on once this unsavory deal goes through. How do I know? Like the average citizen, I'm a consumer, and companies just love gouging us. Our crummy politicians basically repealed The "Glass-Steagall Act of 1933". Look what happened to this country. Banks went wild on greed, and nearly sent this country into the abyss. Have the banks been held to account? No. What are they doing still to this day? Giving themselves more bonuses, and more golden toilets. Who suffers? We do.

Yet we sit here and applaud our politicians for giving people, that don't need a tax cut, a tax cut. They get two more years of gravy-training the country, while the very people they laid-off, get only 13 months of unemployment benefits, by the way, that they (The People), paid into for supporting their families.

So now here we have Comcast waiting in the wings for the big "How much can we screw the people over with this deal mindset". The Sherman Anti-Trust Act of 1890 is in dire distress when this GOP led congress reconvenes next year. It will no doubt be centered in their cross-hairs, because it is a threat to big companies "Bottom-Line". The repealing of Glass-Steagall was a big mistake. Tampering, or attempting to "SLIP" around the Sherman Act will be even more dangerous for consumers.

With that said, my only call for our political representatives is simple. Re-instate the Glass-Steagall Act, and don't even think about "Modifying", or repealing The Sherman Act. If they do voters, prepare for more of the same. Yes, more job losses, more companies fleeing overseas to exploit the people there, and corporations getting bigger, and bigger. Politicians think we are stupid. Let us show them how very wrong they are.

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