I listened to a DOJ wonk give their reasons for blocking the ATT/TMobile merger and it was the usual drivel about being bad for competition, will under serve the poor and result in a lower quality product. Wireless comms is a cutthroat business and all you need are two big players to keep each other in check. Think Coke and Pepsi. Are the products really going to suffer because there are not a dozen inefficient carriers? And which one wants to lose Apple’s carrier deals?
And then there is the very serious attempt to pass affirmative action rules for ugly people. Seriously! First of all, who would put that on their resume? Please check your race, gender, age, sexual preference and whether that preference even matters because you are butt ugly.
The spectre of QE3. If Benny and Barry think this is going to save the country then they meet the definition of insane. You know, doing the same thing over and over and expecting different results.
How about the NLRB requiring companies to post union information? Or telling Boeing where they can build a new jet?
