President Obama Blocks Business Merger Of AT&T And T-Mobile (Anti-Business?)

Discussion in 'Current Events' started by liberalminority, Aug 31, 2011.

  1. Silkheat

    Silkheat New Member

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    No they will bring them back from overseas as magically the merger will make candy land less attractive. Of course we will loose them again if Obama tries to regulate fishing as candy land doesn't regulate anything. You see candy land is conservative utopia where facts change with opinions.
     
  2. Silkheat

    Silkheat New Member

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    Exactly. Force the companies to spend money on R&D and new sectors rather than using retained or borrowed capital to control certain markets.
     
  3. liberalminority

    liberalminority Well-Known Member

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    verizon iphones are bad if att gets tmobile they will have the two best iphones
     
  4. Silkheat

    Silkheat New Member

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    I hope At&t then buys Verizon after it buys T-mobile. Imagine the prices when we can only buy from one carrier! It will go down so drastically since they don't have to compete and they can dictate price! Oh wait...
     
  5. texmaster

    texmaster Banned

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    The OP obviously does not understand this business just as his Messiah doesn't.
     
  6. Beevee

    Beevee Well-Known Member Past Donor

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    It seems you have omitted some of these.

    http://www.internationalist.com/SERVICE/BANKS/UnitedStates.html

    Private and public - they still foreclosed on the unfortunate.
     
  7. texmaster

    texmaster Banned

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    I'll give her one
     
  8. liberalminority

    liberalminority Well-Known Member

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    what good can come from this merger?
     
  9. Silkheat

    Silkheat New Member

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    Lower prices and 5000 jobs! That is what At&t told me.
     
  10. texmaster

    texmaster Banned

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    Why do you care? This is a Capitalist society.
     
  11. Silkheat

    Silkheat New Member

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    So you are suggesting that we should allow monopolies and anti-competition practices? Aren't the only reason these companies exist is we sanction them through our government in the first place?
     
  12. Consmike

    Consmike New Member Past Donor

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    Government is no there to "weaken" companies. Do you know what the role of government is?
     
  13. Small_government_caligula

    Small_government_caligula Banned

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    LOL @ AT&T fail and the "free-market" furor over this. It's hilarious and has made my day.

    It's so typical of this company anyway, they do this every 20-30 years. They gobbled up Cingular ten years after their divestiture.
     
  14. TheHat

    TheHat Well-Known Member

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    I love all the mass hysteria in this thread. The typical liberal talking points are in full effect. ATT buying tmobile does not equal a monopoly. It does not mean higher prices. It does not mean ATT is an evil corporation.

    Please return to reality folks. Businesses buy other businesses all the time. It's nothing new.
     
  15. junius. fils

    junius. fils New Member

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    that competition is bad for BIDNESS.
     
  16. GraspingforPeace

    GraspingforPeace Well-Known Member

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    ATT was broken up a fourty years ago for a reason, and now it is just buying back all of the pieces. Honestly, I didn't know that the right was SO anti-competitive and pro-mergers. It's like you people want a repeat of the Robber Baron age.
     
  17. Silkheat

    Silkheat New Member

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    They don't remember or couldn't afford the day of paying $1.50/minute for long distance to a suburb 30 minutes away. I mean how anti-business is that to gouge the business sector so bad that At&t took a huge cut of everyone's' business because they could dictate price as a monopoly and screw everyone over.

    Here again we see the conservatives have no sense of reality and just have an empty fluid ideology dictated by Fox news.
     
  18. GraspingforPeace

    GraspingforPeace Well-Known Member

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    What's really embarassing is that the Sherman Antitrust Act was created by a Republican, under a Republican President, under a Republican Congress.
     
  19. Small_government_caligula

    Small_government_caligula Banned

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    lol modern conservatives don't believe in antitrust laws. They "interfere with the free market"! I love this piece of "wisdom" by Supreme Finance Emperor Greenspan:

    "No one will ever know what new products, processes, machines, and cost-saving mergers failed to come into existence, killed by the Sherman Act before they were born. No one can ever compute the price that all of us have paid for that Act which, by inducing less effective use of capital, has kept our standard of living lower than would otherwise have been possible."

    Man, what a whiner.
     
  20. TheHat

    TheHat Well-Known Member

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    And the one liners keep coming!

    "anti-competitive"? Seriously?

    Then we have the mass hysteria in the thinking we are going backto the "robber baron" days....lol.
     
  21. liberalminority

    liberalminority Well-Known Member

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    the parties switched ideologies over the course of american history

    republicans like lincoln of the past are more aligned with democrats of today...
     
  22. Questerr

    Questerr Banned

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    Monopolies are market failure. Capitalism doesn't want them. Governments are expected to regulate market failures like monopolies.

    You've never taken an economics class have you? Or did you get a D in it like your boy Perry?
     
  23. liberalminority

    liberalminority Well-Known Member

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    capitalism is based on a free market, if they cannot compete is not free market capitalism.
     
  24. Montoya

    Montoya Banned

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    This is what we need to do. Keep big business in check, stop them from buying out the competition until only 1 or 2 companies remain. ATT cannot be allowed to buy T-mobile because it decreases competition, raises prices since they and one other are now the only providers. And will cut thousands of jobs. As another poster pointed out, remember the days of paying 60 cents a minute for calling a place 25 miles away? That is ATT's legacy of monopolization.
     
  25. Inphormer

    Inphormer Banned

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    Thank God for Democrats. Otherwise we would still be paying by the minute for local calls provided by the Ma Bell monopoly (and no cell phones).

    OBAMA '12
     

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