The PRC waves a white flag

This is old news but I revisited the issue after reading the article "Don't stamp out brainy mags" published by the Boston Globe in April 2007. Back in 2007 The Postal Regulatory Commission proposed a way to raise postal fees but in a way that was fair to everyone. Time Warner, which owns...well pretty much EVERYTHING, proposed a more complex system for raising fees. At first the PRC wasn't going to accept Time Warner's suggested plan because it was obviously going to benefit large publishers over small ones. The PRC has always stood for being fair on their pricing because mailing something shouldn't be something only rich people can afford.

The Los Angeles Times said back in 2007 that the proposed increase in fees by the PRC's plan would be about 12%. Time Warner's plan would decrease fees for larger publishers because of the way large corporations mail out their subscriptions and would increase fees for smaller publications from about 15% and up to 30%. Essentially the Time Warner plan would reward those that have huge subscription rates and then cut out the smaller subscribed magazines. Meaning, reward the mainstream media and punish the independent and extreme media. Isn't that a little like taking away the rights of free speech?

I also just saw Micheal Moore's Capitalism: A Love Story the other day and reading about what happened in 2007 with the PRC and Time Warner made me think about how capitalism really does run our country. Why was Time Warner allowed to overrule the Postal Regulatory Commission, a federal committee instilled in our governmental system for the good of the country? Money.