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To: phoenix0468
The technical term here is ''rent-seeking''. Now that SBC, which once was owned by AT&T, owns AT&T and has renamed itself as AT&T (what happened to the 'telegraph' part of that? I wonder...), and now that their ancient business model is collapsing around their ears, do they try to compete using a different model?

Nope. They try, as they've done in our state for decades, to buy off the pols in order to game the system.

Government should preserve their 'franchise' at all costs, and damn the results. Gutless and lazy rent-seekers, no more, no less.

12 posted on 02/08/2006 9:42:19 PM PST by SAJ
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To: SAJ; Sofa King

Thank you both for agreeing with me. I am all for keeping the markets fair and balanced and ensuring the safety of our citizens and all, but too much government intervention, regulation, etc. etc. always tends to have negative effects on fair and honest business. What should happen is that private businesses be free of most regulatory controls, but also not immune to being charged with a capital crime if it commits one. I.E. if a CEO of a company knowingly allows a capital crime to be committed by the company him or her and every employee involved should be charged, tried, and sentenced accordingly. No more of this hiding behind Corporation and Incorperation B.S.


15 posted on 02/08/2006 9:49:17 PM PST by phoenix0468 (http://www.mylocalforum.com -- Go Speak Your Mind.)
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