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Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
NET NEUTRALITY AND NET REALITY
Posted on 08/09/2006 09:35 AM | Link | Post Comment
Once again competitive markets trump the statist logic of leftists -- this time, those leftists who have lined up behind so-called "net neutrality" in an attempt to hand over the Internet to government regulation. From this morning's Journal:
Out in the real world...things are not proceeding according to script, at least for those who insist that what the Internet really needs is a brand-new layer of government regulation. Yesterday, Sprint announced plans to spend as much as $3 billion building a nationwide WiMax network that would provide high-speed Internet access to 100 million consumers by 2008, according to Sprint's estimate.Those who want to regulate broadband providers are saying that the phone and cable networks are too valuable and too hard to replicate for anyone to break up the duopoly. We guess Sprint didn't get the memo. If Congress should for some reason lose its cool and give in to the MoveOn.org crowd pushing for greater Internet regulation, it will likely come just in time for its backers, once again, to be proven wrong about the absence of competition in telecom.
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