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Folks can look for a 35% increase in their monthly premiums for basic cable next quarter....it’s the American way, ya know.

Good riddance. Cable TV is such a wasteland that if it wasn't for my wife's insistence on watching certain shows in realtime, I'd have cancelled it long ago. With websites like Hulu and devices like Apple TV and Tivo, you can already stream most TV content off the internet to watch later commercial free.

Bruce Springsteen did get it right at least in one song ("57 Channels and Nothing On"). In fact, these days, there are about 400 channels and pretty much nothing on. If I have to find something worth my time on the cable, I usually end up watching "Cops" re-runs or something on the National Geographic or History channel. The rest of it is pretty much pure garbage.

So I'm hoping that the price of cable TV continues to rise so that I can eventually convince my wife to dump this service and then I'll rig up a video box that will capture off the internet for free the small amount of content that is actually worth watching. About the only thing I will really miss if I cancel cable TV is live NFL football. But getting my Sunday afternoons back, I can get used to that. I'll take more Sunday afternoon hikes and get some more book reading done.

Folks can look for a 35% increase in their monthly premiums for basic cable next quarter....

Then, they can start looking for replacements for 35% of their existing customer base.