Obama is attempting another federal power grab over an innovative U.S. industry...the internet! The Obama Internet plan would treat cable, telephone and wireless broadband networks as common carriers subject to federal price controls and myriad other regulatory restrictions. Obama said he is promoting such regulation to preserve “the idea of Net neutrality,” which he claimed has “unleashed the power of the Internet and given innovators the chance to thrive.” This is upside down logic. The Internet has thrived in large part because policy makers and judges have rejected nearly every attempt to enforce “Net neutrality.” Instead, a bipartisan consensus has allowed the Internet to grow relatively unmolested by Washington. The result has been intense competition among phone, cable and wireless companies to provide consumers with ever faster speeds, which in turn has allowed the U.S. to lead the world in digital innovations. My liberal friends like Alain Gardner think everything that Messiah Obama proposes is genius. This one truly is ObamaCare for the internet.
Posted on: Wed, 12 Nov 2014 00:06:05 +0000
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