Comcast-Time Warner Merger: Welcome to MegaConglomCo

In a headline that must rank as one of the understatements of the admittedly still-young century, CBS News' "Moneywatch" points out the Comcast-Time Warner merger could be bad for customers: For many consumers, cable is a virtual monopoly. Neighborhoods or even entire towns may have contracts with a specific provider, which means a lack of competitive pricing. The long-standing theory is that...

Current American Corporate Values In A Nutshell

Save the Twinkie, lose the workers: The Twinkie brand, along with other iconic brands owned by the company, will be sold off in bankruptcy to other companies who expect to be able to profitably market them. Of course there is no guarantee that they will restart the old factories and rehire the Hostess workers, likely leaving them out in the cold. There are two major issues here. First, in the...