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Mr Matt
join:2008-01-29
Eustis, FL

Mr Matt

Member

Cable industry unregulated parasites.

Cable companies do not care that overall purchasing power of its customers are declining, so customers cannot afford unlimited price increases. Customers have a choice, either pay more to retain the same service level or reduce services to maintain the same monthly fee. As more and more customers drop services to control costs, the cable companies will have to to raise prices to maintain the same cash flow.

One must consider that if a national cable company has 40 million subscribers and adds a $1.50 per month broadcast retransmission fee, the company gets to pocket an additional $60,000,000.00 dollars per month or $900,000,000.00 per year. Regulatory capture allows the cable industry to minuplate state and federal lawmakers on the cheap through campaign contributions. Invest $1,000,000.00 in lobbyists and net $60,000,000.00 per month in unregulated fees.