Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (31015)	8/17/2009 1:58:24 AM
From: Frank A. Coluccio	1 Recommendation Read Replies (1) \| Respond to of 46820

You've made some good points too, Jim, to add to ftth's. I'm convinced that some of the most inexplicable and bizarre circumstances and conditions exist throughout any given area of interest (be it local politics, industry groups, labor organizations, the corner saloon clique, among college alumni, you name it) based on the dynamics of cultural memes within each of those areas. I've never understood (maybe someone here, or a lurker looking in, will be kind enough to explain it to me?) how the regulatorium could ignore the claims made by Bruce in his exposé of the $200 Billion ripoff, and do so without even an acknowledgment of being in receipt of the message. Not even to stand up and say Bruce You're Wrong about this. Now I could be all wet about this, but the only thing that I've been able to gather concerning the latter is that through some means of don't-bother-me-with-the-facts and, as if through an act of executive fiat, the powers that be decided to grant forbearance and forgive the commitments earlier made by the telcos to actually build what they had earlier claimed they'd build if they' were granted (which they were) the rate treatment that they'd asked for and received. Hence we come to “Kushnick’s Law” – 'A regulated company will always renege on promises to provide public benefits tomorrow in exchange for regulatory and financial benefits today.' In some ways it's similar to how the underground cash world operates, a lot of see-no, hear-no, speak-no evil going on. Things have changed somewhat in my neck of the woods, when taking a view of the whole, compared to twenty years ago in some of the accepted practices in the building trades area. But for a time, the memes possessed by landlords and certain factions of labor and even field engineering forces of large vendors, for example, made it perfectly reasonable for even the most prestigious and bluest among blue chip organizations to overlook subtle acts of extortion (oops.. I mean 'customary practices') that were acted out in order to get work done after hours or through the use of the 'freight elevator', or in some other marginally non-ordinary circumstance. [Yeah, ya give a guy a tip if ya appreash what he's done fer ya, but after the fact out of yer own digs, not outta yer client's.] I recall once refusing to play ball, which resulted in my being very close to being asked to end an engagement because of it. In that instance an associate stood in for me when he saw I was unwilling to budge and arranged to donate several tens of thousands of dollars (obviously, this was being done with the complicity of the client) to a given entity's "retired members disability fund" in order to get an installation deadline honored for a project that had some very serious Fed compliance-related repercussions associated with it, if missed. No one except I even flinched. OK, so I'm a wuss in this respect, but a wuss who prefers to remain squeaky clean nonetheless. It was as if...so what, dude... what do you care? It's not as though it were your money! It was all very normal and customary. A part of the culture. This meme was freely and unabashedly shared throughout the collective, top to bottom, is my main point. I sense that a similar meme permeates the regulatorium. Some may notice, but no one speaks, hence no one else ever gets to learn about it, much less cares. Yet, bizarre occurrences appear to unfold regularly, and when all else fails the answer is: Forbear it. Again and again and again until you've created a revolving door of forbearance. I suspect that the latter would be the explanation, were anyone to bother answering Bruce's claims, concerning the now-infamous 45 Mbps lines that were once promised but never installed in NJ and elsewhere during the Nineteen Nineties. So whaddayathink? Ya think it's time I assumed an alias in these parts? Eh? ------