Of course not.
95 karma · joined July 14, 2011
"The average annual pension for a retired Illinois teacher in fiscal year 2017 was $54,180"
https://www.trsil.org/news-and-events/pension-issues/teacher...
1) Saw at Manheim Auto Auction (one of the largest) 300 Nissan Leafs run through the auction line in one afternoon ahead of some of our cars. Drop in "value" of leafs went down 10%+ in one day. All were recently off lease. 2) For similar reason, Santander is holding 4000+ cars on auction lots "waiting for pricing to stabilize". Reality is, when they run those cars through the auction, they will have to book the full losses. Say they anticipated 20% repossession rate and that they would get 80% on the dollar when auctioned on those losses. When they run them through now and get 50% on the dollar, their securitization pools will be creamed.
https://www.consumerfinancemonitor.com/2017/08/22/director-c...
Small town in GA does the same. Cable is offered through CNS. Here is the About CNS:
In 1995, the City of Thomasville began building a fiber optic network to serve local schools, libraries, businesses and hospitals with telecommunications and Internet services. After seeing success in this limited offering, it was identified that the community at large would be able to benefit from access to high-speed Internet. So, in 1998, in order to better serve the community, the City of Thomasville began construction of a new high-speed, fiber-optic network and in 1999, CNS, or Community Network Services, was created. In 1997, the Cities of Cairo, Camilla, Moultrie and Thomasville joined forces in order to better serve the citizens of each community. This multi-city partnership, titled the South Georgia Governmental Services Authority (SGGSA), enabled CNS to further expand its services to communities that were in need of high-speed Internet, television and telecommunications services, and, in 2001, these services were provided to all SGGSA cities. The best part about CNS is that it is funded locally, by the cities which it serves. This means if you are a CNS customer, you are investing in your own communities, not a corporation headquartered across the country.
The problem is, we are stuck with dated hardware and software and NO competition from Comcast/AT&T, etc. I wish I could show screenshots of the cable TV on demand interface - it looks like DOS. The cable box itself is the size of those old school VCRs that took up the entire cabinet. The internet has reported speeds up to 35 MBS, but the service is totally unreliable. Tons of dropped packets, etc. I have never seen past about 20 MBS even though we pay for 35 ($59/month).
The big cable companies won't enter the market because CNS has the monopoly and CNS isn't motivated to keep up to date because there is no competition and because it probably doesn't have the money to truly invest. Mediacom does offer service in the area, but reported 3-4 weeks before they could install and reviews of the service are terrible too.
I guess the point is, any monopoly sucks, whether a government run one or a corporate run one.
For instance, I know for a fact from legos left on the floor by kids that one lego can hold my entire weight (240 pounds) when I step on it in the middle of the night walking to the bathroom with no signs of damage to said lego.
Further, I know that one lego can by itself topple a fully grown man.
http://www.bird-dog.co/blog/2012/11/05/clear-com-makes-it-im...
http://www.usnews.com/opinion/economic-intelligence/2014/02/...
http://twitchy.com/2012/11/06/death-threats-against-mitt-rom...
"the heavy trucking required for fracking inflicts major damage on roads"