DaveNJ
No Fear
join:1999-09-01
New Jersey
 ·Comcast
·Patriot Media
1 edit | reply to roc5955
Re: How big will the kick back be to the GOP.
said by roc5955  :Well if their stocks drop like a rock, than maybe the market just is not ready for satellite radio. If this was a REAL unregulated capitalist society, than the market would prevail, but this is just another form of corporate socialism, The government isn't giving sirius/XM any money. There are just merging operations. Companies merging is not socialism.
--
“Say no to fear. Don’t let anxiety crush your life. Live life free and unfettered.”
|
roc5955
Premium
join:2005-11-26
Rosendale, NY
·RoadRunner Cable
| said by DaveNJ :said by roc5955 :Well if their stocks drop like a rock, than maybe the market just is not ready for satellite radio. If this was a REAL unregulated capitalist society, than the market would prevail, but this is just another form of corporate socialism, The government isn't giving sirius/XM any money. There are just merging operations. Companies merging is not socialism. Who said that the government was giving these companies money?
FYI: From Merriam-Webster online, the definition of socialism is: 1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods (or services)
(bold and parentheses are mine)
The government is, in this case advocating collective ownership of the entire satellite radio industry. By one corporation. By allowing them to do this, it is a form of socialism. If there was real competition in the marketplace, one or both would either sink or swim, without the need for the government to okay their monopoly.
And don't give me that stuff about it not being a monopoly. It is a monopoly of satellite radio broadcasting.
--
"Understanding is a three-edged sword." |
