15 democrats pressing Obama to allow a monopoly in telecommunications, page 1

Rep. Shuler Urges Obama Administration to Settle Proposed AT&T/T-Mobile USA Merger

Today U.S. Representative Heath Shuler (D-NC), along with 14 Democratic co-signers, sent a letter to President Obama urging him to swiftly resolve concerns with the proposed transaction between AT&T and T-Mobile USA and to settle and approve the merger, which will create jobs and expand high-speed Internet access to individuals and businesses across the country.

Will create jobs? What? Sorry but generally, in merger, JOBS ARE LOST...

And building monopolies ALWAYS helps the consumers... right?

But don't worry, they have a study!

A recent study found that the AT&T/T-Mobile USA Merger would almost immediately create approximately 55,000 to 96,000 new jobs. Another study estimates that the long-term next generation wireless broadband investment that will result from this merger will create hundreds of thousands of additional jobs by 2016. Additionally, this merger will spur billions of dollars in new private investment to deploy high-speed wireless Internet to 97% of the U.S. population.

Study totally not funded by said companies, I'm sure.

Those who support this :
Heath Shuler : 14000$ from AT&T Inc in 2010-2012.
John Barrow : 15000$ from AT&T Inc in 2010-2012.
Mike Ross : 15250$ from AT&T Inc in 2010-2012.
Dan Boren : 10500$ from AT&T Inc in 2010.
Dennis Cardoza : 10000$ from AT&T Inc in 2010.
Joe Baca : 15250$ from AT&T Inc in 2010-2012.
Leonard L. Boswell : 15000$ from AT&T Inc in 2010-2012.
Ben Chandler : 10000$ from AT&T Inc in 2010-2012.
Jim Costa : 12500$ from AT&T Inc in 2010-2012.
Henry Cuellar : 12500$ from AT&T Inc in 2010-2012. 130k
Mike McIntyre : 10500$ from AT&T Inc in 2010-2012.
Mike Michaud : 10500$ from AT&T Inc in 2010-2012.
Collin C. Peterson : 6000$ from AT&T Inc in 2010-2012.
Linda Sanchez : 1000$ from AT&T Inc in 2012.
David Scott : 18000$ from AT&T Inc in 2010-2012.

Total donations from AT&T to these 15 congress people : $176k.

Source
And remember that this is just what is PUBLIC... if you remember what happened in the 2000s with the bank bailouts, etc... there were lots of under the table donations to a LOT of people by the banks to change the rules/ignore laws...

But eh, totally not corrupt...

reply to post by Vitchilo

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Wow...
And if they pass it you will see all those people getting another check from AT&T for $25000 and a gift basket with beautifully scented soaps and lotions, and assorted cheeses.

Sigh....

Cheers

reply to post by Vitchilo

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This merger worries me. Unless they plan to be publicly owned and fix prices at a low rate afterward I would say forget about it. Why isn't something like this publicly owned anyway? It would make more sense.

reply to post by newcovenant

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Everything of this scale should be publicly owned.

Originally posted by links234
reply to post by newcovenant

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Everything of this scale should be publicly owned.

Anytime a company or service....look at the U.S. post office....is publicly run....it looses money. This is a fact. Big Buisness does not have to be a bad thing. We just need checks and balances. Split Infinity

reply to post by SplitInfinity

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Money should not be the objective. If the only cause were to gain capital then we'd have no use for public services. The goal of the public sector is not to profit. Government cannot and should not be run like a capitalist enterprise where revenue exceeds costs on a regular basis.

Do deficits indicate inefficiencies? At times, yes. Should they be how we guage success? Absolutely not.

When we can accept that certain things are required in our society to maintain a livable lifestyle that's when we should allow them to be publicly owned. We should be capable of electing those that have the most control over us, that should not limit us to lawmakers alone.

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