Author | Thread |
AUTOADVERT |
djsunyc
Posts: 44927 Alba Posts: 42 Joined: 1/16/2004 Member: #536 |
1/21/2017 1:04 PM
well damn... |
newyorknewyork
Posts: 29869 Alba Posts: 1 Joined: 1/16/2004 Member: #541 |
1/21/2017 1:54 PM LAST EDITED: 1/21/2017 1:56 PM
arkrud wrote:smackeddog wrote:arkrud wrote:holfresh wrote:arkrud wrote:holfresh wrote:So the rich win again...They managed to thrived after the economic down, near depression turn following the Bush administration.. The made tons of money in the stock market the last six years recovering to all time highs...They are the only ones benefiting from this economy...Now we elected a businessman in Trump who promises to cut their taxes and repatriate trillions of dollars that will go to stock buy backs and bonuses...Elimination of death tax will have the Trump kids salivating..The always manage to come up aces don't they... The basic principals of this I agree with as I believe most do. Though the sad part is that everyone working together for the development, evolution, growth etc etc.. of mankind as a species should be the motivation. The issues people have though is within the lack of accountability at the top in order maintain this process as well as for it to reach its full potential. Perfect example is the results of the Bush administration and the Obama administration. Obama was an elite who was about the American people. Morals and logic behind everything he wanted to do. Which is why he was able to turn around the damage left by Bush. All while being blocked at every turn from fully creating the type of necessary accountability that must be attached to this process. Elites have manipulated every aspect of this process for more wealth creation strictly for themselves and not as a whole. Elites need to fear being corrupt, as the consequences would be far more severe then the reward. At the same time those who strongly uphold moral code and or make sacrifices in order to do so should receive great benefits. Yesterday before I headed out, flipping through the channels I started watching Adam ruins everything about the the internet. And he was breaking down how the "US has fallen behind in internet and affordability". Downloading a high-definition movie takes about seven seconds in Seoul, Hong Kong, Tokyo, Zurich, Bucharest and Paris, and people pay as little as $30 a month for that connection. In Los Angeles, New York and Washington, downloading the same movie takes 1.4 minutes for people with the fastest Internet available, and they pay $300 a month for the privilege, according to The Cost of Connectivity, a report published Thursday by the New America Foundation’s Open Technology Institute. For relatively high-speed Internet at 25 megabits per second, 75 percent of homes have one option at most, according to the Federal Communications Commission — usually Comcast, Time Warner, AT&T or Verizon. It’s an issue anyone who has shopped for Internet knows well, and it is even worse for people who live in rural areas. It matters not just for entertainment; an Internet connection is necessary for people to find and perform jobs, and to do new things in areas like medicine and education. Followed up with "Why the government won't protect you from getting screwed by your cable company" The cable industry is a patchwork of micro-monopolies. Or more accurately, natural monopolies: situations of little or no competition that doesn't break enough laws to get regulated. A natural monopoly occurs when it's so expensive to enter a market that it doesn't make sense for a competitors to come in. With cable TV, there's a massive fixed cost to enter a new market—putting in new cable lines. So, basically, whoever showed up first—or the company that bought them—has the legacy right of being the local cable company. https://www.theguardian.com/commentisfree/2013/jun/04/price-gouging-cable-companies
Internet service is costly because internet providers refuse to compete with each other, ensuring they can charge high prices. They rationalize it like this: even though the cable companies have a gross profit margin of around 97% – meaning 97 cents of every dollar they make is pure profit – they still have to pay to service cell towers and invest in broadband. They have expensive equipment to maintain, see? That's not monopoly pricing power. That's just basic subsistence. Over charging for lesser quality and value is an issue across the board in America today. Way back you once stated that Americans success is based on working hard entrepreneurship. Yet when growing up and going to school how much effort is actually taught on developing this type of attitude and knowledge base? How much effort is put in teaching about investing, stocks, credit, etc etc etc... So that everyone can buy into the same visions and working together to uphold this structure? An entrepreneur who starts his own local business and puts in the hard work and long hours to be successful. Not many would complain about these individuals getting the tax breaks. Morals and logic dictate that. But we use this ideology to give blue collar free reign. https://vote.nba.com/en Vote for your Knicks.
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