HAPPY DAYS ARE HERE!

Thank god this has finally come to an end. It took so fucking long that I almost didn’t care how it ended as long as it did end! Whether you are a democrat or a republican you gotta thank the Republicans for coming through on this one

“Federal regulators formally approved the merger of the nation’s only two satellite radio operators Friday, ending a 16-month-long drama closely watched by Washington and Wall Street.

The Federal Communications Commission voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican commissioner Deborah Taylor Tate.”

http://news.yahoo.com/s/ap/20080726/ap_on_go_ot/fcc_xm_sirius

Thank you to Allison for dropping the link

The proposed merger of the Sirius and XM satellite radio companies appeared close to final approval Wednesday, with the sole undecided member of the Federal Communications Commission poised to support the deal if the companies settle past rules violations.

full story here

— This is just fucking ridiculous –

To my shock and horror this evening, my brother told me that he heard on the news this afternoon that the FCC voted against the Sirius XM merger. To my dismay I immediately begain scouring the web for news on it. While i did find some reports it is unclear what the status of the vote is. There doesn’t seem to be an official verdict yet.

This article claims it all rests on one vote - Commissioner Deborah Tate. There are 5 total votes  that take place (needs 3 to pass) and so far it is split. Commissioner Michael Copps was quoted earlier saying ,”I have not pushed for any conditions that would support a finding that the transaction is in the public interest“.

I am hoping by the morning we will hear what the decision is. I am not feeling too good about this. Its a freaking travesty. If this doesn’t go through it is just another step of America losing its identity.

After a year of lobbying and over 2 million dollars (combined) spent on lobbying their merger, the FCC has finally ok’d the merger to take place.

Thank God, its about time. Fuck the FCC!