Uh, no.
MATH 101--if you get more than what you pay out, then you are getting welfare, not giving it.
Comcast's NET federal benefit = the total additional profits made from the ability to obtain a near-monopoly of the industry as a result of the subsidies and competition-shielding legislation (which were not available to local broadband competitors) - the total federal taxes it pays > 0.
So Comcast is a welfare bum .
In a free market, it is illegal for any govt. to provide special benefits (subsidies, competition shields, etc.) to any business.
It all boils down to a basic Libertarian principle--if you own it, you must control it.
Had Comcast become what it is today solely through the fruits of its own labor, receiving no special tax/legal benefits that were not available to any of its competitors, then any form of federal regulation of it (i. e. Net Neutrality) would be inappropriate.
But since taxpayers subsidized Comcast and paid for the enforcement of laws banning competitors (i. e. local municipalities) from entering the market, they (we) have a right to determine how it can run its business.
THE END.
Uh, yes. Math 101. Comcast pays billions in taxes.
You have to establish that before you hand out the money not after.
Comcast has at least 6 competitors in my market. T
The people who think the Internet market is a free market now are kidding themselves. When Comcast and TW wanted to merge a point Comcast made to allow the merger was that 'Comcast and TW really don't compete now'..
How is that possible? How does the #1 and #2 Cable companies NOT compete against either other? There's only 1 way, collusion. They've carved up the country and the neighborhoods so they don't to compete against each other. Which allows them to keep it's customers service crappy while raising prices. And it allows them to drag their feet on offering good, inexpensive internet service. Without the government stepping in things would only get worse.
Free market my ass.
Uh, so what? The point I made was that Comcast gets more financial benefit from the govt's actions (funded by taxpayers) than what it pays in taxes = welfare.
It doesn't matter if you $30 billion in taxes if the feds give you $50 billion worth of assistance.
Except the pols that handed out this taxpayer-funded candy to Comcast--Republicans--kept getting re-elected thanks to people like you.
No they ****ing don't.
Yeah they ****ing do.
ATT
DISH
Verizon
Tmobile
Sprint
Century Link
So suck it.
Hah. Mobile and satellite providers. Inherently inferior products. Just further proves my point.
Net Neutrality Goes Into Effect: What Consumers Should Expect - Forbes
If you havent already you can read the entire 400 pages of rulings by the FCC where they unilaterally declared that they have the power to regulate the internet.
http://transition.fcc.gov/Daily_Releases/Daily_Business/2015/db0312/FCC-15-24A1.pdf
Not a court, or a democratically chosen body, but a bunch of bureaucrats. But anyway, its too late. The internet is now under the observation of the US govt and theyve come to help. Expect higher prices, stifled innovation, and govt monopolies.
So my cable internet bill with be dropping like a rock, right?
Along with your health insurance premium.
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