From the "Screw The Consumer" Dept.
* Wonder why gas prices are so high? It couldn't have anything to do with the fact that Exxon-Mobil just set a record for the largest quarterly profit for a US company EVER, could it? No, of course not.
* In related news, the average US worker can expect a salary increase of 3.7% this year... but 3.3% of that will go towards increased fuel prices. The rest (and more) will likely go to higher medical expenses, as those are increasing by about 10% a year. Canada's health system is looking better and better every day.
* The Government approved the merger of SBC Communications Inc. and AT&T, and of Verizon Communications Inc. and MCI Inc, further reducing the number of choices the consumer has, leading to less competition in the marketplace, and ultimately leading to higher prices and even crappier service (if that's possible). SBC will take the AT&T name. Cingular customers (many of whom used to be AT&T customers) will not be affected because Cingular is already partly owned by SBC.
* In related news, the average US worker can expect a salary increase of 3.7% this year... but 3.3% of that will go towards increased fuel prices. The rest (and more) will likely go to higher medical expenses, as those are increasing by about 10% a year. Canada's health system is looking better and better every day.
* The Government approved the merger of SBC Communications Inc. and AT&T, and of Verizon Communications Inc. and MCI Inc, further reducing the number of choices the consumer has, leading to less competition in the marketplace, and ultimately leading to higher prices and even crappier service (if that's possible). SBC will take the AT&T name. Cingular customers (many of whom used to be AT&T customers) will not be affected because Cingular is already partly owned by SBC.
posted by Tarindel @ 12:20 PM
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