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    Summary of David Cay Johnston's The Fine Print
    Summary of David Cay Johnston's The Fine Print
    Summary of David Cay Johnston's The Fine Print
    Ebook69 pages33 minutes

    Summary of David Cay Johnston's The Fine Print

    By IRB Media

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    About this ebook

    Please note: This is a companion version & not the original book.

    Book Preview: #1 The telephone company executives Adam Leipzig met with told him that their corporate strategy was to charge at least $100 a month from each client household within a few years. This is exactly what happened.

    #2 In the 1980s, politicians and pundits said that the cost of telephone service would fall thanks to competition. But in the last decade of the twentieth century, even after adjusting for inflation, telephone costs grew fourfold.

    #3 The publicly switched telephone network, as it was known in the industry, was upgraded for emergency calls to 911. Then it was upgraded again with ANI so that emergency dispatch centers would know the numbers of callers. The cost of ALI was justified, as it saved the lives of many people in the midst of medical emergencies or assaults.

    #4 The cost of having a phone line installed in your home or business is now separate from the cost of using that line. Customers must pay to fix any wires inside their homes or businesses that get wet or gnawed by rodents.

    LanguageEnglish
    PublisherIRB Media
    Release dateMar 10, 2022
    ISBN9781669358268
    Summary of David Cay Johnston's The Fine Print
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of David Cay Johnston's The Fine Print - IRB Media

      Insights on David Cay Johnston's The Fine Print

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 8

      Insights from Chapter 9

      Insights from Chapter 10

      Insights from Chapter 11

      Insights from Chapter 12

      Insights from Chapter 13

      Insights from Chapter 14

      Insights from Chapter 15

      Insights from Chapter 16

      Insights from Chapter 17

      Insights from Chapter 18

      Insights from Chapter 19

      Insights from Chapter 20

      Insights from Chapter 21

      Insights from Chapter 22

      Insights from Chapter 23

      Insights from Chapter 24

      Insights from Chapter 25

      Insights from Chapter 1

      #1

      The telephone company executives Adam Leipzig met with told him that their corporate strategy was to charge at least $100 a month from each client household within a few years. This is exactly what happened.

      #2

      In the 1980s, politicians and pundits said that the cost of telephone service would fall thanks to competition. But in the last decade of the twentieth century, even after adjusting for inflation, telephone costs grew fourfold.

      #3

      The publicly switched telephone network, as it was known in the industry, was upgraded for emergency calls to 911. Then it was upgraded again with ANI so that emergency dispatch centers would know the numbers of callers. The cost of ALI was justified, as it saved the lives of many people in the midst of medical emergencies or assaults.

      #4

      The cost of having a phone line installed in your home or business is now separate from the cost of using that line. Customers must pay to fix any wires inside their homes or businesses that get wet or gnawed by rodents.

      #5

      The government does not collect a penny from the network charge. All the money goes to the phone companies.

      #6

      The telephone and cable companies have done a great job of building only what they wanted and where they wanted, while shoving the cost on to their captive customers.

      #7

      The promise of cheap, competitive, and unlimited telecommunications service has been turned into a reality of expensive, monopolistic, and limited service. This is just one part of the larger transformation in the American economy since the 1970s.

      #8

      State legislatures, presidents, and governors have all approved these laws, and the courts have upheld them. They effectively gut state constitutional provisions and laws banning gifts to business.

      #9

      American corporations are given the freedom to gouge their customers, shortchange their workers, and erect barriers to fair play due to the fact that so little of the news focuses on the private, government-approved mechanisms by which price gouging is employed to redistribute income upward.

      #10

      I want to provide readers with a different

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