Reply #19: A New Day Is Coming...

[KharmaTrain]

File this under the "Elections Have Consequences" folder...the cable industry is about to get a big shake-up. This is the first FCC in 14 years that will have both a Democratic majority and Chairman. Gone is Billy Tauzin, Michael Powell and Kevin Martin...in is Michael Copps and a definite change is about to happen to telecommunications.

Just like how deregulating banking turned into a disaster, so has media "deregulation"...consentrating too much money and power in few hands with virtually no government oversight. The big cable companies and broadcast conglomerates feathered GOOP nests big time and it has created a communications financial meltdown as revenues for advertising are vanishing along with a large drop in subscribers who can no longer afford "service". They went to the well one time too many and always thought their golden goose would never stop cranking out the eggs.

Part of the incentive package is money to develop new fiber and wireless internet and cable systems...and with it opening up the competition. Look to see "ala carte" pricing...or paying for what you want...and for rate structures to become regulated like the utility it has become.

Yes...a new day is coming...