There are in this country two very large monopolies.

There are in this country two very large monopolies. The larger of the two
has the following record: The Vietnam War, Watergate, double-digit inflation,
fuel and energy shortages, bankrupt airlines, and the 8-cent postcard. The
second is responsible for such things as the transistor, the solar cell,
lasers, synthetic crystals, high fidelity stereo recording, sound motion
pictures, radio astronomy, negative feedback, magnetic tape, magnetic
"bubbles", electronic switching systems, microwave radio and TV relay
systems, information theory, the first electrical digital computer, and
the first communications satellite. Guess which one is going to tell the
other how to run the telephone business? I can hardly wait for the results.