 morboComplete Your Transaction
join:2002-01-22
00000 | The lesson is if Verizon is selling, don't buy I believe that Verizon is a generally well run company. I agree with their FIOS plans especially given the piss poor alternative a la AT&T's U-Verse.
However, allowing Verizon to divest these "unprofitable" areas should be stopped as it clearly is a one-sided deal. Where are the regulators that allow this?? At the very least, there should be a 2 year trial period where if it doesn't work Verizon has to re-absorb the company and provide the advertised level of service. Accountability is a good thing.
Verizon's outright theft of $2.1 billion of tax incentives from Pennsylvania is another sign of their one-sided dealings. »Picture Perfect Deal |
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 aaronwtPremium
join:2004-11-07
Woodbridge, VA
 ·Verizon FiOS
| said by morbo:I believe that Verizon is a generally well run company. I agree with their FIOS plans especially given the piss poor alternative a la AT&T's U-Verse. However, allowing Verizon to divest these "unprofitable" areas should be stopped as it clearly is a one-sided deal. Where are the regulators that allow this?? At the very least, there should be a 2 year trial period where if it doesn't work Verizon has to re-absorb the company and provide the advertised level of service. Accountability is a good thing. Verizon's outright theft of $2.1 billion of tax incentives from Pennsylvania is another sign of their one-sided dealings. » Picture Perfect Deal So Verizon has forced these companies to buy these areas? That is a mistake of the buying company, not Verizon. There is a reason Verizon is selling off these areas. it's not Verizons fault if they decide to pay too much. They certainly aren't forced to buy them. |
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 BitPremium
join:2009-02-19
00000 | reply to morbo
I'd rather see more regional telecoms that these ever growing few titanic ones. All that needs to happen in PUCs approving these deals need to pull their heads out of their asses.
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morboComplete Your Transaction
join:2002-01-22
00000 | reply to aaronwt
said by aaronwt:So Verizon has forced these companies to buy these areas? That is a mistake of the buying company, not Verizon. but consumers suffer in poor service and Verizon gets a nice tax writeoff--- that benefit to Verizon means they pay less in taxes. which means that taxpayers get to pay more.
so basically, Verizon gets all the upside and their former customers and taxpayers get the shaft? sounds like a great deal! [/sarcasm] |
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BitPremium
join:2009-02-19
00000 | Thanks to the failures of the state PUC/PSB (or whoever they are) who approves the deal and these rural telecoms who overpay for it, yes, ratepayers get the shaft.
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| reply to Bit
That's the one thread of consistency in these PUC's. I've gotten the impression they are just token signature writers, giving away anything for fear of some sort of reprisal on both ends. Guess it must be easier to side with one over the other. That one being........ |
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| reply to Bit
The PUCs are only serve one purpose. And that is to collect "gifts" from the Utilities and give them what they want. |
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BitPremium
join:2009-02-19
00000 | Actually their job is to execute the paybacks on behalf of the politicians who collect the gifts.
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 KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK
 ·AT&T DSL Service
| reply to morbo
said by morbo:so basically, Verizon gets all the upside and their former customers and taxpayers get the shaft? sounds like a great deal! [/sarcasm] Won't somebody please think of the ... stockholders! And the poor CEO's with their options!
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"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
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Verizon pays less taxes.... so taxpayers pay more? How in the world do you figure that.
I pay a set amount of taxes that, while it is still too much, is a static amount based on my take home pay, and how much I purchase.... not how much everyone else pays. |
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BitPremium
join:2009-02-19
00000 | You don't pay a set amount of taxes. The government changes withholdings as well as the tax rates from time to time. That is why I am constantly having to update my QBooks payroll with payroll updates. Particularly around the beginning of the year we get a ton of change notices.
And ultimately the rates you pay depend on the "need" of government. Here in California for example, because of declining revenue I'm getting put over a barrel. Someone is paying less, so I have to pay more.
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