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By Kerri Toloczko, Apr. 14, 2014, Forbes.com
Like all mergers, the proposed $45.2 billion Comcast CMCSA -0.25% merger with Time Warner
Cable TWC +0.07%—the
largest and second largest cable providers in the nation—has its advocates and
critics. There are certainly important questions about what impact the
merger would have on consumers—but there are equally significant issues
associated with the highly politicized approval process.
The Obama Department of Justice, led by Eric Holder, must
review the merger and decide whether to approve or block it.
Unfortunately, the Obama Administration and Justice Department have a long
track record of pushing the rule of law aside and making decisions based on
politics. Will the proposed Comcast merger with Time Warner
Cable receive the scrutiny it deserves, or simply be fast-tracked for
approval based on politics?
Let’s look at some history—which is detailed in a new Frontiers of Freedom report.
In 2009, the Obama Administration gave Solyndra, a failing California solar
panel firm, a $536 million “loan.” Shortly thereafter, Solyndra was fully
bankrupt. Prior to the loan, Solyndra executives and board members gave
generously to Barack Obama,
including Tulsa oil billionaire and Obama bundler George Kaiser, one of
Solyndra’s main investors.
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