"michael gurstein" <[email protected]> wrote: > From: [email protected] [mailto:[email protected]] On > Behalf Of Charles Brown > [snip] > I have three telco lines at my home office (No. Calif.) and just > received invoices reflecting price increases of 14%, 17% and 18%, > respectively. > > [snip] > > I called the Calif. CPUC and asked them to explain how it is that they > were able to approve such a large percentage rate increase, or any > rate increase, in the midst of a "severe recession." I was blown-off > of course.
If lots of people are in deep financial trouble and you sell a service which is essential to other people who are not (yet) in deep trouble to stay out of trouble, raise your prices. The people who are not (yet) in deep financial trouble still have, by definition, some money or credit which they could be using to pay you in order to *stay* out of trouble. See also the announced Blue Cross premium increase in California. [1] It's a wonder that they haven't hit on the notion of raising premiums to, say, $2 billion/year. Only Warren Buffet and Bill Gates could afford it but they'd only have to maintain one 2-bed hospital with the best technology, luxurious amenities and the country's top specialists on call. - Mike [1] http://www.truthout.org/waxman-launches-probe-into-blue-crosss-massive-california-rate-increases56787 -- Michael Spencer Nova Scotia, Canada .~. /V\ [email protected] /( )\ http://home.tallships.ca/mspencer/ ^^-^^ _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
