You already know what I think about the proposed Comcast merger with Time Warner Cable: It is anti-competitive, anti-customer and further consolidation in an industry with too much local monopoly power already. I also wonder if the Obama administration will stand up to it, especially in an election year when Democrats need the campaign cash provided by the oligarchs (thanks, Citizens United).
Now it’s your turn.
This Week’s Links:
• The CBO and the bizarre, partisan jobs debate | NY Magazine
• ‘The Meat Racket’ at Tyson Foods | NPR
• Graphic: How dark money flows through the Koch network | ProPublica
• A Florida factory death reminds us why regulations exist | BusinessWeek
• The end of work? | Outside the Beltway
• What good are payday loans? | The New Yorker
• How big banks are cashing in on food stamps | American Prospect
• The stimulus tragedy | Economist’s View
Today’s Econ Haiku:
Rome burned, Nero played
The Fed in ’08 was worse
It held a meeting