New kids on the block - Comcast

Discussion in 'Current Events' started by MaggieMae, Dec 1, 2009.

  1. MaggieMae
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    MaggieMae Reality bits

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  2. Gatekeeper
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    Cannot imagine the financial power of just Comcast Cable alone. Let's see 24 million subscribers paying on an average of say $100/month. That's about 2.4 Billion dollars per month, and now combining with GE, I cannot get over what 'small potatoes" I and we' are. In our lifetimes we don't make what they do in a few minutes.

    Their financial leverage alone, is enough to make their part of the world their own, well at least until someone makes some bad investments. :lol:

    Now, since the U.S. Government want to 'get into business' and support some of their insane ideas, like health care, automobile factories etc, why didn't THEY think of running a cable company, you know it would, I think, support all the 'freeloaders' in D.C. and elsewhere. Well, one thing for sure, they got plenty of GREEN to play with now, but then again, THAT'S the GREEN they were after anyway.........right?

    Oh well, now what was this post about? :lol:
     
  3. Polk
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    Polk Classic

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    I've never understood this idea of GE as some radical liberal activist company anyway. Since 1990, their political donations have been split between the two parties almost equally (51% to Democrats, 49% to Republicans), and in any given cycle tilted toward the party with the majority in Congress.
     
  4. Gatekeeper
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    Gatekeeper Senior Member

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    One always has to cover both sides until the axe falls. Kinda like keeping all your eggs out of one basket, I would surmise. It certainly 'pays' to have 'paid devotees' on both sides, it's just a sound business arrangement, and of course, :lol: everyday politics.
     
  5. Polk
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    Polk Classic

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    See, that I can agree to. Power ebbs and flows and it makes sense to stay well-connected on both sides.
     
    Last edited: Dec 1, 2009
  6. MaggieMae
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    And until a few years ago, Jack Welch epitomized conservative capitalism (Randism).
     
  7. Si modo
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    Si modo Diamond Member

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    Funny, I never heard this talking point until you brought it up.
     
  8. del
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    del BANNED

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    good point.

    i would bet that if you went back to the founding of GE, your statement would still hold true. this notion of corporations being motivated by politics, left or right, has always struck me as specious. corporations exist for two reasons- to make money and avoid personal liability. period.
     
  9. MaggieMae
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    Comcast has a lot of cash because they lock in their customers with sweet deals, then screw them with TV-Internet access rate hikes just as you get settled in. I dumped them three years ago, went with Dish Network which gave me a package having the 15 channels I always want, instead of only 12, a free DVR, and for $15.00 less per month. And they've never raised their rates on me. If you subscribe to Comcast's multi-package, phone, cable, Internet, and they go down, all three go down.

    Comcast sucks.
     
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  10. Polk
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    Polk Classic

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    It's brought up pretty often around these forums.
     

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