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Forums » Vermont Regulators Deny FairPoint Deal » They can't abandon VT...yet...
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Good Riddance Verizon »
« From the Boston Globe  
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bogey780

join:2004-03-19
Here

reply to MrMoody
Re: They can't abandon VT...yet...

But an insurance company can back out of a state. And they can increase premiums across the board or specifically for certain classes (pending regulatory approval).

TNSTAAFL.

Someone pays. Every Verizon customer outside of the states being sold benefits from their sale. Everyone inside those states benefit from the sale not happening because they need those deep pockets to keep their slim profit margined phone service running smoothly.


MrMoody
But the Grinch ... did Not.

join:2002-09-03
Smithfield, NC
·Embarq
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·magicjack.com

reply to bogey780
said by bogey780 See Profile :

Next we can complain about insurance companies refusing to insure 16yr old kids who like to drive drunk.
Bad example. In most if not all US states, auto liability insurance is required and any company doing business in that state can't get out of insuring high risk drivers. Usually, uninsurable high risk drivers go into the state assigned risk pool, and all the companies get their share of premiums and pay their share of losses from that pool. It's another case where government requires them to eat a loss in order to allow them to do business. In the end, the good drivers pay for the really bad ones, the same as low cost telco customers pay for the high cost ones.
--
The public is a poor business manager.

bogey780

join:2004-03-19
Here
reply to RandyStevenson
Very poor attempt.


jap
Premium
join:2003-08-10
038xx
·RoadRunner Cable


1 edit
reply to bogey780
said by bogey780 See Profile :

It seems that people won't be happy till the telecoms operate at a loss [...] Next we can complain about insurance companies refusing to insure 16yr old kids who like to drive drunk.

I personally am shocked that people can't draw correlations and connections
Indeed. Shocking.

(quoted emphasis mine. just in case.)


RandyStevenson

@comcast.net


thumbs down from:
TKJunkMail See Profile

reply to bogey780
said by bogey780 See Profile :

It seems a lot of people see no problem with demanding that an incumbent always operate landline service even at a loss but then demand they be given no special treatment and have to just accept any attempt to eat away at their profits.
Megadittos, bogey780! People forget that the primary purpose of a corporation is to enrich their stockholders. Customers should only be given the minimum level of service to keep them paying, nothing more. Damm customers, give them 6Mb and before the day is over, they're crying for 10Mb.

Furthermore, we need to bust up the gobdam unions and drastically cut back the worker's pension and health care benefits. If some employee doesn't like it, they can leave. There are plenty of people looking for work. Dammit, we need to maximize the stockholders profit, not give it to some whiny budding socialist employee that thinks s/he's entitled to it!

Are you with me, boy?

bogey780

join:2004-03-19
Here

reply to qworster
They'll keep doing what they've been doing.

It's interesting to see the duality of opinions. It seems a lot of people see no problem with demanding that an incumbent always operate landline service even at a loss but then demand they be given no special treatment and have to just accept any attempt to eat away at their profits.

It seems that people won't be happy till the telecoms operate at a loss everywhere... but then they'll be angry that their phone isn't as reliable as it used to be back when telephones were a federally protected monopoly.

Next we can complain about insurance companies refusing to insure 16yr old kids who like to drive drunk.

I personally am shocked that people can't draw correlations and connections as they once could.
Forums » Vermont Regulators Deny FairPoint DealGood Riddance Verizon »
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