AMERICAblog – Broadband prices dropping around the world except the US
From AMERICAblog:
Report: Mortgage note request may have led to credit downgrade
Julian Assange bail confirmed by high court
Fox emailed reporters to cast doubt on climate change
US still planning Afghanistan troop reduction in July
WikiLeaks: BP experienced similar blowout in Azerbaijan 18 months before Deepwater
Halliburton pays $250 million to have Cheney bribery charges dropped
Former NYSE director: Goldman has no reason to make apologies to anyone
Broadband prices dropping around the world except the US
by Chris in Paris on 12/16/2010 11:45:00 AM
Even worse, the companies that are gouging US consumers are probably going to get their wish as the Democrats appear to be folding on Net Neutrality. Each day it’s more and more of a challenge to find reasons to support Democrats. The differences between the two parties when it comes to engaging the corporate world is so small.
Obama’s meeting with American CEO’s had to be one of the most naive moments of his term as president. As I said the other day, it is often not in the financial interest of these executives to add jobs in the US. We all know how they worship at the altar of the almighty dollar so there is more incentive to either cut jobs or move them offshore. Doing either (or both) helps show a better bottom line which often drives the stock price. One of them (Boeing’s CEO) even talked about building more jobs offshore in India following the meeting. Brace yourself for a lot more of that. (To be fair to Boeing, they also said they may hire four to five thousand workers in the US due to exports in 2011. That is still thousands fewer than they fired recently.)
Whatever happened to Democrats that fight for the middle class? We must be fools to support a party that supports this garbage.
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