It seems there’s really no end to the industries Washington wants to run. Today, the Wall Street Journal reports that: “A federal appeals court ruled last month that the Federal Communications Commission lacks the authority to regulate the Internet. No worries, mate. This week the Obama Administration chose to “reclassify” the Internet so it can regulate the Web anyway. This crowd is nothing if not
I’d encourage you to read the entire article. The question is, after autos, health care, energy, and Wall Street, do we want to government controlling the web? In the past 5 years, companies have invested $576 billion in communications eqiupment and structures. But will they want to continue investing in something wide open to political meddling?
It’s a valid question. What do you think?