...No openings or answers, Mr. Obama?
With the T-Mobile USA acquisition, AT&T would displace Verizon Wireless, which is owned by Verizon Communications Inc. (VZ) and Vodafone Group Plc, as the No. 1 U.S. wireless carrier. Together, AT&T and Verizon control 80 percent of profits in the market, according to the FCC’s annual wireless report published June 27, 2011.
The U.S. Department of Justice is blocking AT&T’s $39 billion deal to buy T-Mobile USA saying, "The acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would violate antitrust laws to reduce competition and raise prices.” Does that also apply to the Obamacare Single-Payer Healthcare Program too?
In an opening salvo to quell the DOJ lawsuit, AT&T has already offered to bring back 5,000 call center jobs to the United States, of which does not seem enough to satisfy an employee job-starved President who has a re-election bid coming up with few job prospects even for himself.
Communication Workers Union |
This Obama executive order raises the unsettling question of whether the White House and Justice Department have coordinated once again, through Federal Government regulations, to control another major business in a vital consumer segment of the marketplace. What's next? Another bailout of jobs too big to fail ...the Communications Workers' Union ...another huge block of Obama voters? (Remember the funding of UAW, United Auto Workers Union Pension Plans at the General Motors Bailout?)
FYI:
CWU is the largest communications and media labor union in the United States representing about 550,000 members in both the private and public sectors. The union has 27 locals in Canada via CWA-SCA Canada (Syndicat des communications d’Amérique) representing about 8,000 members. CWA has several affiliated subsidiary labor unions bringing total membership to over 700,000. CWA is headquartered in Washington, DC, and affiliated with the AFL-CIO, the Canadian Labour Congress, and Union Network International.Is it Time to Hang Up on Obama?
~ REMEMBER... VOTE 2012! ~ |
No comments:
Post a Comment