1 recommendation |
It's payback!!Powell is getting paid back for screwing the consumers (us!) and bending over for big cable and telco during his FCC tenure. This most always happens... | |
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 |  cdruGo Colts
MVM
join:2003-05-14
Fort Wayne, IN |
cdru
MVM
2011-Mar-15 10:46 am
Re: It's payback!!said by qworster:Powell is getting paid back for screwing the consumers (us!) and bending over for big cable and telco during his FCC tenure. This most always happens...
Getting paid back and bending over has negative connotations. If anything, he's being rewarded for bending over the consumer during his tenure, not cable bending him over. | |
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|  funchordsHello
MVM
join:2001-03-11
Yarmouth Port, MA |
to qworster
said by qworster:Powell is getting paid back for screwing the consumers (us!) and bending over for big cable and telco during his FCC tenure. This most always happens...
Unfortunately, you usually don't get paid for what you've done. You get paid for what you will do. Powell not only knows the drill, but he knows the nuances. Further, whenever he speaks, he also speaks as a former FCC Chairman: instant credibility with whatever mouth-breathing too-unsavvy-to-know-better Republocrat he happens to be lobbying. I have to say that this news sickened me a little bit. This really hurts consumers. | |
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| |  FreedomBuildWell done is better than well said
Premium Member
join:2004-10-08
Rockford, IL |
Re: It's payback!!said by funchords:
I have to say that this news sickened me a little bit. This really hurts consumers.
I have to agree, but then this is politics and the newer American way. This in itself is sickening. | |
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to qworster
but of course.another asshole scumbag politician who deserves hell. | |
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Re: It's payback!!Along with all the Teabaggers and their ilk. | |
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Government for rentHelpful if willing to under-mind the general public, be punctual for private meetings, willingness to keep secrets, and a willingness to lie to the general public.
Requirements are simple... Must present open ended, blank check or larger then life pile of cash. Cash preferred, but will accept open ended blank check.
Only the rich need apply. | |
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......Wow - speechless, with a shaking of the head... | |
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 jslikThat just happened
Premium Member
join:2006-03-17 |
jslik
Premium Member
2011-Mar-15 11:25 am
HeadlinesFormer FCC Boss Michael Powell Now Top Cable Lobbyist
And...
Day is light, night is dark, experts say
Death usually a permanent condition, top doctors report
Top OB/GYN says "Little bit pregnant not possible" | |
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viperlmw
Premium Member
2011-Mar-15 11:32 am
...When he's done at the NCTA, perhaps we can put Powell back in charge at the FCC where he can then do precisely what he told himself to? Or perhaps we can change the laws to allow him to be the NCTA boss and the FCC head at the same time?
That's a nice piece of snark! Very fitting! | |
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 MerinXCrunching for Cures
Premium Member
join:2011-02-03 |
MerinX
Premium Member
2011-Mar-15 11:46 am
Data of powerlines really?The whole data over powerlines thing was a enron scam for a quick stock boost that never really went anywhere, clearly he should have been championing fibre for how much was wasted on broadband over powerlines which was silly considering the amount of current already being run on the lines. | |
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 HarddriveProud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX |
Harddrive
Premium Member
2011-Mar-15 12:09 pm
For SaleThe American Consumer, preferably the middle class.
Welcome to the United States of Corporate America | |
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 io chico
Premium Member
join:2003-12-30
Marble Falls, TX |
io chico
Premium Member
2011-Mar-15 12:24 pm
No HonorShame on him! Where has honor gone in American Corporations. | |
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| HarddriveProud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX |
Harddrive
Premium Member
2011-Mar-15 12:44 pm
Re: No Honorstockholders don't give a shit about honor. they want returns on their investments.
you want honor, go join the Marines. | |
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| | io chico
Premium Member
join:2003-12-30
Marble Falls, TX |
io chico
Premium Member
2011-Mar-15 12:47 pm
Re: No HonorSadly, you are correct. | |
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| | | fiberguy2My views are my own.
Premium Member
join:2005-05-20 |
Re: No Honorsaid by io chico:Sadly, you are correct.
why is that "sadly" correct? Do you have a retirement program? Do you have any investments yourself? Why is it sad that a stock holder wants a return on their investment? ... you do realize that with out the stock holders, there is no internet, right? ...there is no cable TV service, right? ...there is no ______, right? Like it or not, this isn't Startrek.. the world needs money to go around - we just don't show up in some uniform that magically appears out of thin air and all come together on some ship that no one can still explain how it was built in the first place. It takes people willing to put their money into the system and for doing so they do expect money back - THAT is how it works.. it's not "sad".. .. what IS sad are the people that aren't educated enough to understand this little fact. What IS sad, however, is the amount of money that is being horded by a few. But, to sit here and blame the stock holders is complete lunacy. Pick your battles, but aim your guns and the right people..., which you aren't doing. | |
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| | | | HarddriveProud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX |
Re: No Honorever heard of a privately held company? i worked for one at one time. it was and still is the top business telecommunications systems manufacturer in the world. Cisco may own the data closet but the privately held company called Avaya owns the phone rooms. you don't need stocks or stockholders to have a profitable company. it's corporate greed that makes that happen. | |
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| | | | | beaups
join:2003-08-11
Hilliard, OH |
beaups
Member
2011-Mar-15 9:29 pm
Re: No HonorTry again, private companies have stockholders and/or investors and/or founders, all with financial interests in the performance of said company. It's really not all that different than public companies, outside of disclosure, regulations, etc. In fact, private companies can even be worse (if you consider greed bad), due to lack of required disclosures. | |
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| | | | | | HarddriveProud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX |
Re: No Honoryes, i know that. saw that first hand when i worked for Avaya during the transition from a publicly traded company to a privately held company. Silver Lake specifically said they were buying and taking Avaya private so they could do what they wanted with the company.
with a publicly held company, the company has to satisfy thousands of shareholders so they will keep and continue buying the stock.
it just seems with a company who's symbol scrolls across the bottom of CNBC's television channel, they don't really give a damn (at least in the telecommunications world) about customers subscribers. I believe the word customer has been redefined in big business as the shareholder. | |
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| | | | | | |  elwoodbluesElwood Blues
Premium Member
join:2006-08-30
Somewhere in
1 recommendation |
Re: No HonorI have to agree, with a publicly traded company there is that constant pressure to perform for "wall street".
It's maddening.. I recall Apple having one of their best quarters ever, yet the stock got punished, because it didn't meet Wall streets expectations. | |
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| | | |  KrKHeavy Artillery For The Little Guy
Premium Member
join:2000-01-17
Tulsa, OK
Zoom 5341J
1 recommendation |
to fiberguy2
Don't be naive. How many Americans are going to get a retirement these days?
I put money aside like crazy, but the way the US dollar sinks, medical costs soar and prices increase I'm under no illusion of any "cushy retirement."
Be damn lucky not to go bankrupt on medical bills in your (older) age before losing everything and dying. There's the new American dream, eh?
Disgusting.
There's a world of pain coming. I just don't know when this country implodes. | |
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| | | | | HarddriveProud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX |
Harddrive
Premium Member
2011-Mar-15 10:45 pm
Re: No Honordamn right. | |
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to Harddrive
said by Harddrive:stockholders don't give a shit about honor. they want returns on their investments.
you want honor, go join the Marines.
Maybe one day the Marines will take out the corporate scumbags, the real threat to the US. | |
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 FFH5
Premium Member
join:2002-03-03
Tavistock NJ |
FFH5
Premium Member
2011-Mar-15 1:50 pm
No revolving door in this caseIf Powell had left the FCC and then 6 weeks or 6 months later started lobbying the FCC then I'd agree it was a revolving door. But it has been 6 yrs and he will be mostly lobbying Congress and it is no longer a revolving door situation. | |
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Re: No revolving door in this casesaid by FFH5:If Powell had left the FCC and then 6 weeks or 6 months later started lobbying the FCC then I'd agree it was a revolving door. But it has been 6 yrs and he will be mostly lobbying Congress and it is no longer a revolving door situation.
Do you really think anyone believes you? | |
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Re: No revolving door in this casesaid by sonicmerlin:said by FFH5:If Powell had left the FCC and then 6 weeks or 6 months later started lobbying the FCC then I'd agree it was a revolving door. But it has been 6 yrs and he will be mostly lobbying Congress and it is no longer a revolving door situation.
Do you really think anyone believes you? A lie repeated enough becomes the truth for the uninformed mind listening. If Powell would be an isolated case, MAYBE he could say something along these lines with a small amount of credibility/doubt. But this is the norm, so... | |
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|  Noah VailOh God please no.
Premium Member
join:2004-12-10
SouthAmerica
1 recommendation |
to FFH5
said by FFH5:If Powell had left the FCC and then 6 weeks or 6 months later started lobbying the FCC then I'd agree it was a revolving door. But it has been 6 yrs. I'll give you partial credit. The headline led me to believe we were talking about a very short time. As much as I really liked the RevDoor+Whiplash metaphor; it isn't a very good fit here. Instead of a rapid intensification of Cabinet-Level corruption; it's more of the usual taint - that we've come to expect with every administration. NV | |
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| | KrKHeavy Artillery For The Little Guy
Premium Member
join:2000-01-17
Tulsa, OK |
KrK
Premium Member
2011-Mar-15 10:48 pm
Re: No revolving door in this caseI believe there's some sort on requirement in his contract on minimum time after leaving Government regulatory role before he can offer his services as lobbyists for said industries. 6 years sounds about right. | |
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| | | FFH5
Premium Member
join:2002-03-03
Tavistock NJ |
FFH5
Premium Member
2011-Mar-15 11:41 pm
Re: No revolving door in this casesaid by KrK:I believe there's some sort on requirement in his contract on minimum time after leaving Government regulatory role before he can offer his services as lobbyists for said industries. 6 years sounds about right.
It is only a 1 yr prohibition on lobbying after leaving office: » uspolitics.about.com/b/2 ··· t-it.htm | |
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| | | | elwoodbluesElwood Blues
Premium Member
join:2006-08-30
Somewhere in |
Re: No revolving door in this casesaid by FFH5:said by KrK:I believe there's some sort on requirement in his contract on minimum time after leaving Government regulatory role before he can offer his services as lobbyists for said industries. 6 years sounds about right.
It is only a 1 yr prohibition on lobbying after leaving office: » uspolitics.about.com/b/2 ··· t-it.htm We have 2yrs up in Canada, but even then the level of ex polticos lobbying the government isn't even remotely close to what you Americans see. | |
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| | | | KrKHeavy Artillery For The Little Guy
Premium Member
join:2000-01-17
Tulsa, OK |
KrK to FFH5
Premium Member
2011-Mar-16 3:33 am
to FFH5
Wow. Government admits it's crooked. | |
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| FFH5
Premium Member
join:2002-03-03
Tavistock NJ |
FFH5
Premium Member
2011-Mar-16 7:45 am
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Paxio
Premium Member
join:2011-02-23
Santa Clara, CA |
Paxio
Premium Member
2011-Mar-15 3:03 pm
InevitibleWhen you set up a government agency to "regulate" a free market, this is what you get. The largest competitors in the market have the highest motivation to "capture" the agency and turn it into an anti-competitive weapon. This is just a small sample of how the world really works. | |
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Re: Inevitiblesaid by Paxio:When you set up a government agency to "regulate" a free market, this is what you get. The largest competitors in the market have the highest motivation to "capture" the agency and turn it into an anti-competitive weapon. This is just a small sample of how the world really works.
That is why you have corruption investigations and jail time for those entrusted to regulate the industries not doing their job. Oh wait, this is the US where legalized bribery is encouraged (campaign "contributions") so never mind. Good work, Powell. | |
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Analogue to GenachowskiThis is exactly why chairmen like Genachowski are so utterly useless. Lobbyists from companies like AT&T, Verizon and Comcast are paid millions to make sure the FCC's leader understands his financial security and career depends largely on his performance evaluation by the incumbents.
This is why AT&T can implement caps without fear of reprisal. They know their lobbyists have Genachowski under their thumbs. The lobbyists tell the CEOs the FCC chairman's under control, and the CEOs signal the go-ahead to caps and overages.
It's ridiculous how corrupt this process is. | |
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KrKHeavy Artillery For The Little Guy
Premium Member
join:2000-01-17
Tulsa, OK |
KrK
Premium Member
2011-Mar-15 10:35 pm
OH he made it official. So, same as it was, right?So now it's official, and he actually gets PAID to continue doing the same thing he was doing before as FCC boss. | |
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powellitsjustphkndiscustin | |
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 XBL2009------
join:2001-01-03
Chicago, IL |
XBL2009
Member
2011-Mar-16 12:29 am
Maybe time to leave America?Maybe time to leave America?
It seems like things are only going to get worse over the next 20-30 years. | |
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