The cable companies are diverting money that is intended to improve infrastructure into a black hole, creating a perpetual cash machine for greedy execs. When cable television subscribers open their monthly bills they will not see a charge for the “Social Contract.”
Since the mid-1990s, it appears that every cable subscriber has shelled out $1 per month increasing to $5 a month by 2000 to subsidize cable companies’ system upgrades. There has been no accounting for the total monies raised through this subsidy nor a thorough assessment of whether the cable operators fulfilled the system upgrades (including wiring and services to public institutions) the subsidy is suppose to underwrite.