Comcast PAC Gave Money To Every Senator Examining Time Warner Cable Merger
An anonymous reader writes in with news about money and politics that is sure to shock no one."It's no surprise that Comcast donates money to members of Congress. Political connections come in handy for a company seeking government approval of mergers, like Comcast's 2011 purchase of NBCUniversal and its proposed acquisition of Time Warner Cable (TWC). But just how many politicians have accepted money from Comcast's political arm? In the case of the Senate Judiciary Committee, which held the first congressional hearing on the Comcast/TWC merger yesterday, the answer is all of them."
So let's see all of the Congress recuse themselves because of a conflict of interest, thus they can't do anything, thus...we're actually better off.
This is how America ceases to be great. We lose our edge, because society gets hijacked and the money flows to the wrong places instead of spurring innovation.
If fact of donations will be confirmed, then Comcast lost in the court of public opinion. The merger should not be approved on the ground of anti-trust laws, unfair competition and reduced choice by consumers. At the minimum this should send a message to the future senators who will be tempted to take donations of the big business.
Yeah, I'm sure Comcast's management and investors totally feel bad about that whole public opinion thing.
The world's burning. Moped Jesus spotted on I50. Details at 11.
If fact of donations will be confirmed, then Comcast lost in the court of public opinion
Don't worry, there will be a squirrel event shortly and people will forget all about it. Then the merger will be quietly approved and by the time the rates go up, it will be too late.
If you rely on the general public you will always be disappointed, they are idiots and easily lead and/or distracted.
---- Booth was a patriot ----
I work at the FCC (as an Engineer) I want some of that trickle down . . . . :(
Since when does being a Socialist mean 'someone who has a different opinion than me'?
It's not bribery, it's just a corporate person engaging in free speech. Indeed, our own dear supreme court asserts the view that this sort of activity does not even create the impression of impropriety...
We're very proud here. We have the best government that money can buy!
Get money out of politics! http://www.wolf-pac.com/
It would probably be useful to specify the order of events in TFS, as the current summary implies they received campaign contributions after they started investigating the merger.
TFA is focusing on past campaign contributions - that is contributions before the investigation, seeing as how the investigation just started. Everyone on the committee has received a campaign contribution at some point in the past, even Al Franken. Which is more a statement on the fact that Comcast pretty much contributes to every incumbent's congressional campaign, rather than this being a case of where these senators were specifically targeted.
Which to be clear, still isn't a good thing by any means. This means everyone on that committee has received a contribution at some point. But it's not the same thing as giving contributions to someone when an active investigation is going on, something that would be far shadier.
If fact of donations will be confirmed, then Comcast lost in the court of public opinion.
Lost public opinion? Maybe on /. but not to most of the voting public. Do you think CNN/NBC/Fox News will feature a story about this? And even if they did, would most people care? The only court of public opinion that matters is political candidates. Giving money to them means more campaign advertising for their candidate, thus is a win in the court of public opinion.
I do agree with you about calling it bribery. Why even bother using the term campaign contribution anymore? "Bribe" is a convenient synonym with fewer syllables.
Why would you care about public opinion if you're buying a monopoly? What is the cable company going to do if you tell them to fuck off? Lick their fingers and rub their nipples?
San Diego developers already use cable service as a criteria when house-hunting. You want to be in a Cox area! Unfortunately, most of the jobs are in Time Warner areas. Now the service will go from bad to worse...
-- a lucky South-of-Interstate-8 developer...
Donations aren't bribery, because donations aren't payment _for_ anything. A bribe is payment _for_ some political action. It's completely legal to give donations. That's why prostitution is illegal but high-end escorts are legal. The high-end escort asks for a 'donation' and no service is promised. Of course, it's pretty obvious she won't give any service if there's no donation. But she doesn't _promise_ service for a donation. It's just that her reputation as an escort will suffer if she takes the money and runs. If she does turn tricks and the police catch her, she gets off scott free under the story that she independently fell in love and wanted a night of romance wit the John, which had _nothing_ to do with with the "donation". Senators and other politicians are high-end escorts of a different shade.
Yes, because Comcast is already doing so well in the court of public opinion. They are #1 in fact!
http://www.cnet.com/news/comcast-wins-worst-company-in-america/
We should be Comcast's management and investors. Instead of bitching cancel your cable contract and buy Comcast stock. It will drive the share price down increasing the rate at which we can buy the sock. At 51% we can kick the fucking board of asshole to the curb and stack upper management with consumer focused executives. At current prices it is $150 per household for about 1.5 years but that should rapidly shift as investors flee the possibility of coop vs. rape prices. Capitalism can be democratic.
This would have been news if Comcast didn't give every member of congress that had anything to do with their merger money.
People don't care anymore. The people in power have switched the conversation from us (regular people) vs them (those in positions of power) into us ("democrats") vs us ("republicans"). If you point out that huge corporations bribe congress someone will point out that huge unions bribe congress. If you point out that the oil/gas sectors bribe republicans someone will point out that hollywood bribes democrats. We can't have a conversation about how it is wrong for any special interest to have that much influence just because of $ because we are too busy beating each other over the head.
The argument people have now is: "my special interest should be lobbying, your special interest shouldn't".
Actually we're the only country that wasn't blasted into the stone age during WWII
Canada and Australia say hi...
Corporate Oligarchy.
I've fallen off your lawn, and I can't get up.
No a pump and hold. Drive the stock own to allow send user to buy 51% and vote in new management. If the government won't regulate natural monopolies than why don't we just buy them out?