How is it that corporate America thinks it is entitled to jerk all of Amercia around by doing everything possible to have the same revenues and profits in a down economy. Instead of sucking it up and settling for a smaller paycheck like everyone else, the norm is to jack prices and retain revenues even though every working family has to do with less.

I saw this morning that now Verizon is getting on board with a metered usage plan for Internet service.

http://news.cnet.com/8301-30686_3-10363801-266.html 

There are a number of problems with this. First, U.S. consumers pay more and get less than many of our conterparts in competing economies. Secondly, this will hurt small businesses. Third, the explosion in net usage driven by content from major carriers is a conflict of interest.

U.S. corporations are bound and determined to see that the U.S. economy is killed deader than a doornail. The single most significant reason costs in this economy are prohibitive for business is because major corporations suck every last nickel out of every customer.

And that isn't all. Obtaining broadband service to business is more costly than residential service. And standard service to businesses generaly has a lesser bandwidth allocation than residential. So business pays a lot more and gets a lot less. And what of the bandwidth and speed of our connections? We lag our competitors in many developed countries badly.

All these are very basic issues that somehow the FCC and congress overlook when they examine this stuff. They are doing the same with healthcare. The true problem is costs are too high because industry margins are ridiculous. Same with credit cards. Banks borrow from the FED at less than 2% and then lend at 15% or 20% or even 30%. Pharma spends more on marketing than they do on product research and then deliver crap products that harm customers.

Corporate America is out of control and congress is along for the ride on their gravy train.