"You'll have to excuse me if I don't trust these promises, and that is from experience in this business," Franken said. "It matters who runs our media companies....the media are our source of entertainment, but they're also the way we get our information about the world. So when the same company produces the programs and runs the pipes that bring us those programs, we have a reason to be nervous."
We sure do. Here are 10 more reasons to be very afraid of the proposed Comcast/NBC merger:
1) Comcast Buys Influence
The communications industry is, after all, second only to Big Pharma in Washington influence-peddling. Comcast spent more than $5.5 million in campaign contributions since 2006 alone to have their way in Washington. That's not counting more than $50 million they've spent on lobbying in the past three years!
2) How Much Is Enough?
Comcast earned more than $3.6 billion in profits in 2009 while claiming they didn't have enough money to invest in faster Internet networks ... and while raising rates as much as 50 percent over the past five years in some markets.
3) Fat Cat CEO
In 2008, CEO Brian Roberts was ranked as one of five "Highest Paid Worst Performers" in America. 2008 income: $40.8 million. Sitting on Capitol Hill yesterday, he raked in more than $100,000.
4) Bad Customer Service
Comcast ranked second only to AOL in poor customer service, according to a 2009Zogby/MSM Money poll. Comcast service is so bad they drove a 75-year-old woman named Mona Shaw to wreck one of their stores with a hammer.
5) Comcast Lies and Plays Dirty
In official 2006 testimony, Comcast Vice President David L. Cohen said: "If Comcast were to try to 'deny, delay, or degrade' the Internet experience that our more than 9 million cable Internet customers have paid for, how can we possibly expect to keep them as customers. ... Any provider that does not meet the needs of users will suffer from a serious backlash from consumers and policymakers."
In 2008, after being caught illegally blocking content Cohen admitted: "Comcast may on a limited basis temporarily delay certain P2P traffic." That's the same year Comcast was caught paying for seat fillers at a public FCC hearing into their illegal Internet blocking. Only this year, after being censured by the FCC, did Roberts admit to the company's "mistake."
6) Comcast Censors Political Speech
Comcast prevents ads from running that criticize the company's political friends. They evenfired a newscaster who dared to question an award they were bestowing on Bill O'Reilly.
7) Comcast Blocks Independent Voices
Despite digging up our city streets and enjoying a near-monopoly for decades, Comcast has consistently tried to shirk its community responsibilities - including trying to kick public, educational and government channels into the cable-tier equivalent of Siberia. ...
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