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cramer

join:2007-04-10
Raleigh, NC
kudos:5
Reviews:
·AT&T Southeast

reply to elios

Re: voting..

By my rekoning, it's a combination of (mostly) greed, and lazy. They have no competition which means no pressure to upgrade. And they already have a massively profitable pig, so they have no desire (or willingness) to take any chances at all -- they won't do anything new until someone else takes all the risks and makes money at it. (it's the Microsoft Way(tm)... let someone else build the business and then take it away from them.)

The part about tax-funded is a joke. They are only *partly* funded by tax revenue, and even then, it's in the form of bonds which eventually get paid back -- unless the local monopolies bleed them dry with legal red tape (or *cough* buy their own set of laws making it illegal to even ask.)

Long-term is not what it used to be. CEOs, investors, and shareholders want money now, not tomorrow, and not 3-5 years from now.


elios

join:2005-11-15
Springfield, MO

said by cramer:

Long-term is not what it used to be. CEOs, investors, and shareholders want money now, not tomorrow, and not 3-5 years from now.

AND THAT is whats going to turn the US in to a 3rd world country in 20 years

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