At the time it ensured our country of having a world class phone system. Well since that time it has slipped a bit.

Regulated public utilities worked well. It limited the ability of utilities to just raise rates to increase returns, and limited them to request rate increases when they could prove increased costs.

By the way the AT&T they talked about in the article no longer exists. The new AT&T is actually one of the baby bells that was divested in 1984.

Stewart


At 09:48 PM 9/17/2008, you wrote:
This is a good place to start:

http://en.wikipedia.org/wiki/Kingsbury_Commitment

Telecom has a long and extremely involved history of regulation,
nationalization, reregulation, deregulation, mergers, acquisitions,
divestitures, etc, over more than a century.

Not necessarily in that order.

It is more complicated than the Byzantine Empire and more arcane than 33rd level Freemasonry. Even the Illuminati, the
Bilderbergers, and the Bene Gesserit put together couldn't
begin to unravel all of the threads.

All your traffic are belong to us.

Just kidding.  Well, maybe.

Rev. Stewart A. Marshall
mailto:[EMAIL PROTECTED]
Prince of Peace www.princeofpeaceozark.org
Ozark, AL  SL 82


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