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Corruption Is Responsible for 80% of Your Cell Phone Bill

In the case of Big Telecommunications, buying politicians pays off handsomely by killing the competition.

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Again, that’s on average $500 a year, $40 a month, or $1.50 a day, from you, straight into the pockets of Verizon and AT&T.

Matt Stoller is the former senior policy adviser to Rep. Alan Grayson and a fellow at the Roosevelt Institute. He blogs frequently for Naked Capitalism. Follow him on Twitter at @matthewstoller.

 
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