Posts Tagged Movies
Remember when we had such things as antitrust and monopoly laws to promote fair competition for the benefit of the consumer? Because isn’t that the core of what capitalism is, namely each business acting as an independent unit on the market to earn its profits by providing better priced and quality products than its competitors?
Apparently in a country that claims to have one of the most effective and prosperous economic systems in the world where opportunity is galore and you just need to pull yourself up by your bootstraps by virtue of your efforts, such antitrust laws that grossly exploit consumers while enriching a small elite do not really apply, because how else could one explain Comcast’s legal $45 billion buyout of rival provider Time Warner Cable?
As you can see from the two charts, a merger would mean Comcast would control more than half of all American cable subscribers.
Originally posted on Reddit, the data comes from the National Cable & Telecommunications Association, the trade association for the cable industry.According to some experts, this majority could mean slower speeds and fewer good choices on streaming services like Netflix, Amazon and Hulu. Because Comcast considers Netflix a competitor, the company doesn’t have any reason to put effort into remedying congestion and the slow speeds it produces on these streaming services. A company as big as the one in the graph above might also pressure content providers not to offer their shows to its competitors, leaving us with fewer good choices when we fire up our streaming services.
And of course, a company that doesn’t have to work for millions of new subscribers may not be that interested in lowering prices. Some predict prices will inevitably rise for consumers if the merger goes through.
For the record, these are the kind of systemic issues that individuals cannot overcome by sheer will-power or “by virtue of their efforts” as the President put it in his State of the Union Address, unless with hard work and effort he meant working hard to find ever more creative and brilliant ways to exploit the American people, such as blatantly violating monopoly laws.
And you can bet your 35% -tax -paying-tutu that this monstrous Comcast cartel will be paying pretty much nothing in taxes, as they, like most corporations in this country, are the beneficiaries of massive loopholes inherent in our skewed tax code as well as government subsidies paid for by tax dollars.
But I guess it is easier to focus on bumper-sticker length, feel-good slogans about bootstraps while romanticizing the dishwasher-to-millionaire metaphor, as opposed to actually examining what is truly behind the mess we’re in.
(When a genius talks, pay attention)
There are many reasons to not vote for the dystopian duo Mitt Romney and Paul Ryan. David Lynch, film maker extraordinaire, gives you reason 52 as part of the independent initiative “90 Days, 90 Reasons” (an initiative unaffiliated with Barack Obama’s presidential campaign) where a wide range of cultural figures are asked to explain why they’re voting for Obama and not voting for Mitt Romney in 2012.
David Lynch. Born Missoula, Montana. Eagle Scout.
Dear Americans, Republicans, and Democrats Alike,
I am going to vote for re-electing President Obama. I have noticed something in Mitt Romney’s name, which I think speaks to what he is about. If you just rearrange a few letters, Romney becomes R MONEY. I believe Mitt Romney wants to get his Mitts on R Money. He would like to get it and divide it up with his friends, the Big Money Bunch.
I believe he would like to get his Mitts on R Money, R Resources, R Freedoms, and R American Dream. I do not trust Mitt Romney to look after the best interests of 99% of Americans. I think electing Mitt Romney would be a catastrophe for our country—one which would be real difficult to straighten out later. Please do not let Mitt Romney get his Mitts on R Money or R United States of America.
Los Angeles, California
Michael Bay’s Open Letter to Spoiled, Overpaid Actors Who Complain About Having a Job That Pays a Lot
“Do you ever get sick of actors that make $15 million a picture, or even $200,000 for voiceover work that took a brisk one hour and 43 minutes to complete, and then complain about their jobs?
With all the problems facing our world today, do these grumbling thespians really think people reading the news actually care about trivial complaints that their job wasn’t “artistic enough” or “fulfilling enough”? […] What happened to people who had integrity, who did a job, got paid for their hard work, and just smiled afterward? Be happy you even have a job — let alone a job that pays you more than 98% of the people in America.
I have a wonderful idea for all those whiners: They can give their “unhappy job money” to a wonderful Elephant Rescue. It’s the David Sheldrick Wildlife Trust in Africa. I will match the funds they donate.”
—Michael Bay [Since deleted from his blog. Coward. Can’t even stand by what he says]