MrSpock29
join:2008-02-09
Hammonton, NJ
1 edit | 679 million dollar contract
I'm trying to figure out why this is now mentioned in every Verizon news piece on here.
Also, a cumulative 121 million dollars in penalties for not hitting milestones seems very steep to me. I think most businesses would look for areas that didn't have the potential to be so costly. |
|
morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | why do you think it isn't relevant? |
|
Karl Bode
News Guy
join:2000-03-02 | Actually it's only been mentioned twice for scale, and I can use another metric if you'd like.
The amount made on just fees in the last month by the company nationally? |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
| reply to morbo
said by morbo  :why do you think it isn't relevant? What does it have to do with NYC? Nothing. Businesses go out and "do business". Because a company gets one contract totally unrelated, does that mean it should be held against them?
This is supposed to be a capitalistic society. |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
| reply to Karl Bode
said by Karl Bode :Actually it's only been mentioned twice for scale, and I can use another metric if you'd like. The amount made on just fees in the last month by the company nationally? Karl,
This is a slippery slope. Every company that tries to do business should have prior deals held against them?
What does it have to do with NYC? |
|
Joe Taxpayer
@rr.com
 from:
TKJunkMail
| reply to MrSpock29
said by MrSpock29 :I'm trying to figure out why this is now mentioned in every Verizon news piece on here. Evidently, you haven't been following the "Hate Bush" campaign for the past 7.5 years.
What I'm trying to figure out, is why none of these same critics ever questions the Al Gore Tax / E-Rate Program, which steals billions from us annually. |
|
morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | reply to MrSpock29
it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information. |
|
Karl Bode
News Guy
join:2000-03-02 | reply to MrSpock29
Re: 679 million dollar contract
The scale of the penalties are even not remotely in line with the company's overall revenues. Verizon spends $4 million per quarter on lobbying alone. Those penalties are a gift. |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
1 edit | reply to morbo
said by morbo :it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information. A Federal contract has nothing to do with a contract for NYC at all, IMHO, it is irrelevant to the point.
It is similar to saying that "Comcast is deploying DOCSIS 3.0 in their markets, the same company who had an issue with a traffic accident......". One has nothing at all to do with the other. |
|
TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
| reply to morbo
said by morbo :it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information. Yes, but that isn't WHY it was included.
--
My BLOG .. .. Internet News .. .. My Web Page |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
| reply to Karl Bode
said by Karl Bode :The scale of the penalties are even not remotely in line with the company's overall revenues. Verizon spends $4 million per quarter on lobbying alone. Those penalties are a gift. In your opinion. But I guess we are at a time where we look to heavily penalize companies for trying to do business. A 121 million dollar penalty is a 121 million dollar penalty. If they lost that big deal, should the penalties go down? |
|
Karl Bode
News Guy
join:2000-03-02 | quote:
I guess we are at a time where we look to heavily penalize companies for trying to do business.
Yes. Just to be mean. Good insight. |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
1 edit | said by Karl Bode : quote:
I guess we are at a time where we look to heavily penalize companies for trying to do business.
Yes. Just to be mean. Good insight. It was sarcasm.
Feel free to delete what you wish. |
|
EPS
join:2008-02-13
Hingham, MA | reply to morbo
Probably the former MCI side of the business though, not the former NYNEX/Bell Atlantic division that's responsible for FiOS... Still the same parent company I guess though. |
|
morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
·Charter Pipeline
 ·AT&T Southwest
| reply to MrSpock29
said by MrSpock29 :One has nothing at all to do with the other. I disagree. News is news, and this website's purpose is to provide the news and tie together relevant themes that exist. |
|
Shamayim
I already have a Messiah.
Premium
join:2002-09-23
2 edits | reply to MrSpock29
said by MrSpock29 :This is supposed to be a capitalistic society. Capitalism is the best economic system in the world. It is not a license to rip off the consumer.
--
Who is Jesus? and Why it matters (to YOU).
|
|
MrSpock29
join:2008-02-09
Hammonton, NJ
1 edit | said by Shamayim :said by MrSpock29 :This is supposed to be a capitalistic society. Capitalism is the best economic system in the world. It is not a license to rip off the consumer. Agreed. Not sure where I ever said it was a license to rip off people though. |
|
Shamayim
I already have a Messiah.
Premium
join:2002-09-23 | I apologize. Apparently I misunderstood your comment. |
|
MrSpock29
join:2008-02-09
Hammonton, NJ
| said by Shamayim :I apologize. Apparently I misunderstood your comment. No worries  |
|
