How Comcast Bankrolls Organizations That Support TWC Merger 59
An anonymous reader writes: When Comcast announced it was pursuing a takeover of Time Warner Cable, many activists and internet users immediately submitted objections to the deal. Support came more slowly, but steadily, from organizations like the International Center for Law and Economics, and from politicians like Governor Phil Bryant (R-MS). Now, a NY Times report reveals that much of this support for the merger came in exchange for money from Comcast. Fortunately, even after spreading money around so liberally, Comcast is still struggling to find a coherent, believable message for regulators, and the deal is far from assured.
From the article: "Letters detailing the benefits of the Comcast deal were submitted to the Federal Communications Commission by staff members from Americans for Tax Reform, the American Enterprise Institute, the Institute for Policy Innovation, Competitive Enterprise Institute, the Free State Foundation and the Center for Individual Freedom, as well as by a professor at a technology program at the University of Pennsylvania, all of which received support from Comcast or its trade association, tax documents and other disclosures reviewed by The New York Times show. A similar pattern is evident with charities like the Urban League and more than 80 other community groups that supported the media company and that also accepted collectively millions of dollars in donations from the Comcast Foundation over the last five years, documents reviewed by The Times show."
From the article: "Letters detailing the benefits of the Comcast deal were submitted to the Federal Communications Commission by staff members from Americans for Tax Reform, the American Enterprise Institute, the Institute for Policy Innovation, Competitive Enterprise Institute, the Free State Foundation and the Center for Individual Freedom, as well as by a professor at a technology program at the University of Pennsylvania, all of which received support from Comcast or its trade association, tax documents and other disclosures reviewed by The New York Times show. A similar pattern is evident with charities like the Urban League and more than 80 other community groups that supported the media company and that also accepted collectively millions of dollars in donations from the Comcast Foundation over the last five years, documents reviewed by The Times show."
This should be illegal though (Score:1)
Yes, but the problem is what they are doing should be illegal.
Politics and business should be kept separate, just as church and state are. Most of the problems in politics today are because someone is being bankrolled by a company that doesn't have the people's interests at heart. This conflict of interest is what will lead to America's demise.
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have you seen a dollar bill recently
Something about trusting in gold. (I assume that's short for Goldman-Sachs.)
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In the TFA we have a crooked corporation caught red handed handing out ILLEGAL BRIBES to support its agenda.
Yet we have idiots like the OP, focusing on details such as this.
This world is doomed, people. You heard it here first.
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Separate politics and business? Do you mean to say that government shouldn't be allowed to regulate business? No? Then business and politics are ALREADY entwined.
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Interests are a complex subject. If you work for Comcast (or own stock in it), they're promoting your interests with what they're doi
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To take an extreme (at least in the US) example, picture a company simply having its rivals killed or kidnaps the children of officials with power over their merger. Both of these are things that would be in their best interests, but we generally do not want companies to be able to take those kinds of steps without consequences that make it ag
Tail wags dog (Score:5, Insightful)
What Comcast is doing should be considered fraudulent, but legally speaking, it isn't
And it is an example of how useless the government of the United States has become --- a government is supposed to be an enforcement body to ensure the stability of a society and the application of justice to smooth out the wrinkles that have formed in the fabric of the society
But the US government has failed miserably - the cabal factions within turning the entire organization rogue, creating a power vacuum in which private corporations such as Comcast also is more than happy to take advantage of
Under a proper running government Comcast will never be allowed to do what it does, but the fact is, the government of the United States of America is no longer a functional entity
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If they only provided cable television, that would be fine. What Comcast has now is a monopoly over the roads that enable people to access the internet.
You are so right! (Score:2)
What the government should be doing is providing the infrastructure that enables competition. Ensuring fair and equal access to the commons is what governments are for. What we get here in the US monopoly enforcement.
Fraud? Hmm (Score:2)
Bribery and coercion are better legal avenues, but of course the DoJ was bought and paid for decades ago so that won't happen. IANAL but I know there is legal precedent for strong arm tactics like this. Comcast is not the first company to think "Hey, if I use a middle man they will never know it was us!"
Yeah, you say it perfectly in your third paragraph. The US Government has failed miserably - at just about everything except for protecting the extremely wealthy and ensuring that that class keeps getting
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Finding interest in Politics/History/Philosophy does not make anyone "better" than someone else, nice accusation from ignorance. It does however indicate that I have a wealth of knowledge on those subjects, and perhaps that makes you feel inferior.
No, "News" is not the problem. The problem is that bread and circuses have been known to prevent revolts, even when they are needed to correct entrenched corruption. History is pretty clear on this point, perhaps you can study up on Roman history if you feel in
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This is part of how the system works. I don't like Comcast or what they're planning to do with the merger, but they are well within their rights to promote their interests. That they can do so while you promote your own competing interest means the system is working.
Put another way, that Comcast is allowed to do what it does means the government is running properly.
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Next step (Score:2)
Investigate any elected officials Comcast has paid to gather support and prosecute any who have accepted bribes.
Hang on, we're talking about USA, home of the corrupt politician. Forgot I said anything.
DirecTV needs ATT (Score:2)
Just think about it good TV + Good internet (just think u-verse with out useing part of it's bandwidth for TV)
Comcast cable TV sucks there internet is fast. But I have OLD ATT DSL (in a u-verse area) I don't want to give up Directv for u-verse lower bit rates and HD streams limit. I can get comcast but there have a very weak HD line up + big mess of a channel map.
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You don't have to take the triple play. I have TWC for TV and UVerse for phone/Internet.
Not new behavior, in any case (Score:2)
I don't know if this is supposed to be shocking because it's new behavior, but it's not (new behavior). I saw the very same selfish gimme-my-cut-of-the-bigger-pie behavior from nonprofit community groups in particular when the California Public Utilities Commission held public hearings to gather input about the proposed merger of AT&T and SBC (formerly Pacific Telesis Group, formerly Pacific Bell, formerly AT&T, ad nauseum).
There were representatives from quite a few local community nonprofit group
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Let me guess, you believe the Democrats are "for the little guy"?
You're as stupid as the guy you replied to.
https://www.opensecrets.org/or... [opensecrets.org]
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You idiot, both sides are taking their cut.
https://www.opensecrets.org/or... [opensecrets.org]
The interesting part (Score:2)
in all of this is that it is not actually a "Comcast" or other juristic entity but the people lining up behind a certain idea and then marching in lock-step.
So - are they all hypnotized or is it some hard-wired crowd behavior?
Nobody will get into a "power" position without conforming to some standard behavior present in a particular group.
I guess, a lot of it is fear-driven, by being afraid loosing a familiar surrounding or whatever one identifies as being advantageous.
The other thing is the spectators arou
But... (Score:2)
"but... but...
2 Gbps for everyone."
You say "bankrools"... (Score:2)
#1 problem (Score:1)
(yes I know Comcast offered elite, custom US support plans and free internet to some congressmen)