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Tuesday, July 16, 2002 |
Deregulation's big lie. FCC chairman Michael Powell says the WorldCom debacle may result in more telecom mergers. So who ends up losing? We all do, explains one industry expert.
...it's precisely the deregulation of the telecommunications industry that has led to the current industry crisis. And according to McChesney, Powell is little more than a tool of free-market absolutists, accelerating the reconcentration of control in the industry -- only this time, without any government oversight to make sure that customers don't get taken to the cleaners. [Salon.com]
9:37:47 PM
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White out?. As Army secretary Tom White prepares to testify before Congress, Democrats predict the former Enron executive will be the first Bush administration casualty in the growing uproar over corporate sleaze. [Salon.com]
9:36:18 PM
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House OKs life sentences for hackers [Daypop Top 40]
I love this. When will we get life sentences for corporate crime, eh? So a hacker defaces a web site, big deal. Enron took how many people's retirement savings down the toilet? Who committed the bigger crime?
9:28:54 PM
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© Copyright 2003 Michael Alderete.
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