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go west young man Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-24-07 02:38 PM
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Paul Krugmen/ The French Connections
Excerpt: America's Internet flourished in the dial-up era because federal regulators didn't let that happen - they forced local phone companies to act as common carriers, allowing competing service providers to use their lines. Clinton administration officials, including Al Gore and Reed Hundt, the chairman of the Federal Communications Commission, tried to ensure that this open competition would continue - but the telecommunications giants sabotaged their efforts, while The Wall Street Journal's editorial page ridiculed them as people with the minds of French bureaucrats.

And when the Bush administration put Michael Powell in charge of the F.C.C., the digital robber barons were basically set free to do whatever they liked. As a result, there's little competition in U.S. broadband - if you're lucky, you have a choice between the services offered by the local cable monopoly and the local phone monopoly. The price is high and the service is poor, but there's nowhere else to go.

http://www.truthout.org/docs_2006/072407H.shtml
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ellenfl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-24-07 02:47 PM
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1. kick for later eom
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R_M Donating Member (425 posts) Send PM | Profile | Ignore Tue Jul-24-07 03:03 PM
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2. The blind greed of a few anti-enterprising corporate executives...
is what caused this travesty.

:kick:
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-24-07 03:42 PM
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3. The telecomm's did it with FCC Help
Millions upon millions were provided to the teleco's to bring the FAST internet to each and every house. But they hemmed and hawed about it and pocketed the money instead, allowing them record profits while doing NOTHING that they were suppose do be doing? Now they are forbidding certain cities from providing their own internet access. Competition brings out the BEST? This is collusion at its BEST!
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-24-07 04:45 PM
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4. "sometimes you can't have effective market competition without effective regulation."
Sounds like Socialism to me!

:sarcasm:
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