Time Warner and Comcast cable companies are set to merge this year. The Obama Administration approved this merger with very little pain. The opposite is true of the proposed AT&T and T-Mobile merger. It failed. Why?
Well, let's see. Comcast CEO Brian Roberts is a frequent golfing friend of Barack Obama. Various Comcast executives have donated over $500,000 to Obama's re-election. Time Warner has also given large amounts to the Democratic Party.
How about AT&T? Randall
Stephenson, the CEO of AT&T, is considered a “Bible Belt, pro-free market,
Republican.” Many of Randall's employees, for the most part, have donated to Republican candidates.
So does Barack Obama pay his supporters? You decide! Read more...
Money talks to Obama.
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