When PRIVATE Sector FAILS, Government RIGHTLY Steps In!

[Chatteress]

Originally Posted by KevK

It looks like finally the government is doing what it should do and protecting the American public against the FAILURE of the PRIVATE sector! This is exactly the proper role of government- to regulate the private sector to protect the public from excessive profiteering.

FCC pushes Cablevision, Fox to settle - Entertainment News, Top News, Media - Variety

Keeping companies from "excessive profiteering" is a good method for keeping the unemployment rate high ... What should companies do? Break even? How would said company be able to afford "living wages" if they are barely breaking even?

Sheesh! Folks are just so clueless about economics! No wonder we are in the current recession with double digit unemployment rates!

[Chatteress]

Originally Posted by outbacknv

No, people can simply take their business elsewhere.

Exactly ... Dissatisfied customers can "regulate" a company much better than the government can!

[Lycanmaster]

Originally Posted by KevK

It looks like finally the government is doing what it should do and protecting the American public against the FAILURE of the PRIVATE sector! This is exactly the proper role of government- to regulate the private sector to protect the public from excessive profiteering.

FCC pushes Cablevision, Fox to settle - Entertainment News, Top News, Media - Variety

Which would be like nearly 99 percent of the time lmao