Net Neutrality is a really stupid, anti-capitalism policy – that the Barack Obama Administration’s Federal Communications Commission (FCC) unilaterally (and likely illegally) jammed down our throats in February 2015.
I’ve heard the following quote ascribed to National Basketball Association (NBA) player, coach and executive Pat Riley – but the Internet is not giving up the ghost on provenance to him or anyone else. As I recall, the recitation is: “That player is drowning in Lake Me.” Meaning a person who is totally self-absorbed. Transfixed by their own navel (which actually has a name – Omphaloskepsis). A person who finds himself endlessly fascinating – and utterly invaluable.
A recent USA Today/Rock the Vote survey of millennials shows 80 percent of millennials support transitioning to “mostly clean” or renewable energy by 2030. Although their hearts may be in the right place, few millennials appear to realize how much energy their lifestyle actually consumes, where this energy comes from, and how much it would cost to transition to a nation that’s powered predominantly by renewables by 2030.
Any and every tax, law and regulation – is government placing itself between you and the free market. And, conversely, between the free market and you. And, of course, it makes the market less free. It’s inherent. The bigger the tax – the less money you have for the market, and the less money marketeers have to operate. The bigger the laws and regulations – the less freedom we and the marketeers have to maneuver.
Network Neutrality is a unilateral and completely unnecessary government-intrusion-and-imposition on the entirety of the Internet – and the trillions-of-dollars-economy that has arisen around it. Net Neutrality is one fantasy – based upon another.
Chicago faces a significant and growing public pension problem. Instead of tackling the problem head-on by holding down cost increases, Chicago Mayor Rahm Emanuel proposes several new or expanded taxes, which he says will slow down the debt growth from the revenue end. Emanuel’s half-billion-dollar property tax hike is getting most of the headlines, but he has also been pushing for taxes on e-cigarettes, ridesharing, and cloud computing.
Being Leftist means never having to say you’re sorry. Being a huge Barack Obama-Democrat donor doesn’t hurt either. Being incredibly generous in support of Leftism also allows you to enact incredibly anti-free market, anti-Reality policies that are a huge boon to you – at the exorbitant expense of the private sector players who made your successes possible.
Imagine if one company out of the Fortune 500, #474 with ~$6b in revenues, and 2,000 employees, representing about .03% of U.S. GDP, and .06% of the population, comprised 36%of all the vehicle traffic going in one direction on our interstate highway system on any given day.
While the FCC’s Open Internet Order fact sheet stated: “the Order makes clear that broadband providers shall not be subject to tariffs or other form of rate approval, unbundling, or other forms of utility regulation,” will the FCC majority — in its first post-Open-Internet-order ruling — cynically do the exact opposite by imposing de facto “utility-style rate regulation” to the IP transition from copper to fiber networks?
In today’s edition of The Heartland Daily Podcast, Director of Communications Jim Lakely speaks with Seton Motley, President of Less Government. Motley and Lakely talk about the pending lawsuit between Disney and Verizon.
Here in the United States, Net Neutrality exponentially increases the government’s ability to tax the Internet. Starting with the 17.4% Universal Service Fund (USF) tax. Which goes up automatically every calendar quarter. And goes up each and every time three unelected Federal Communications Commission (FCC) bureaucrats decide they want more of our coin. Which they just did in December –with a 17.1% rate increase.
The collateral damage is beginning to pile up from the FCC’s February decision to trigger Title II telephone utility regulation of the Internet. Long called the “nuclear” option, the FCC preemptively triggered Title II Internet regulation ostensibly to prevent potential new net neutrality problems, which the FCC admits it can’t yet identify.
In this episode of The Heartland Daily Podcast, Budget & Tax News managing editor Jesse Hathaway is joined by former Deputy United States Coordinator for Communications and Information Policy Scott Cleland.
In an observation that should surprise no one except a few cave-dwellers, a new study from NATPE/Content First and the Consumer Electronics Association has found that millennials find Netflix subscriptions more valuable than broadcast and cable subscriptions. There are, however, some useful insights to be gleaned if we look a little deeper.
It is human nature to take for granted the status quo. It is dangerous to think government attempts to “improve” the status quo will do anything of the sort. The Internet is not broken. There is no problem for the FCC to fix.
As we’ve often discussed, the Tech World Media is just as hopelessly Leftist and lost as the broader Jurassic Press. They so often get it so very wrong – often because their absurd political perspective warps their alleged “reporting.”
The Internet isn’t broken, and doesn’t need the government to fix it. That was my overriding message in a debate on Chicago’s PBS station WTTW Tuesday night with Illinois ACLU Executive Director Colleen K. Connell.