Wednesday, February 20, 2008

Sirius/Xm merger?

ok how come Sirius and Xm Sattelite radio have not yet been allowed to merge? heeeeellllooo they cannot survive if they dont combine so how would they be a monopoly? They certainly will have more than enough competition from regular non sattelite radio stations. These politicians who are stalling the deal are corrrupt scumbags. These people are concerned with losing money as a result of a merger and are not concerned with the investment stakeholders and workers at these companies. Even the merger will not gaurantee success but we need to at least give them a chance. This is not google buying yahoo, it is a sector that cannot survive without appropriate consolidation. If political clowns want to stimulate the economy, how about we start off by not stalling this neccesary merger.

Ask Jim Kramer of mad money why this merger is taking so long for in depth coverage of the situation. (weeknights at 7 and 11 on cnbc) He too is frustrated with this nonsense and I hope this issue gets resolved quickly.

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