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06 Jan 2010 10:12

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Biz: Cable TV is going to eat up larger amounts of your money over time

  • $75 average cost of digital cable for subscribers each month
  • 5% average increase in cable prices each painful, depressing year
  • $95 the expected average cost of digital cable in five years; blech source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jan 2010 10:03

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U.S.: Chris Dodd’s drop-out might have an effect on financial regulation

  • Obama’s big plan for 2010: Financial industry regulation. Unfortunately for Obama, Chris Dodd has been having trouble working with ranking Republican Sen. Richard Shelby on the plan. While the lack of electoral pressures might make it easier for Dodd to focus on it, it also makes it just as easy for the Republicans to stall until next year, when a more moderate Democrat (or based on how things go, a Republican) might chair the Senate Banking Committee. source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jan 2010 09:52

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U.S.: Chris Dodd tight-lipped about leaving the Senate; let’s speculate!

  • Financial industry ties Dodd, a five-term senator, is chair of the powerful Senate Banking Committee. Some feel he’s used these ties in interest-conflicting ways, including receiving a nice mortgage from the now-disgraced Countrywide Financial Corp.
  • Weak poll numbers Dodd, despite being a longstanding member of the Senate and once being seen as a presidential candidate, hasn’t been polling well in his home state lately, leading to fears he might lose in the election. Dude probably got scared.
  • What’s next? Let’s just say that Dems can’t like knowing that two senators have dropped out their races within 12 hours of each other. Especially Dodd, who was a health care plan architect. It may help the seat stay Democratic, though. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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