11 Nov '11, 10am

Don’t Repeat the Mistakes of the Past: Keep the Internet Free

Don’t Repeat the Mistakes of the Past: Keep the Internet Free

At the heart of this actual argument uncovers what is mostly likely the motivation to remove all regulations possible. Think that regulations are bad by nature? Look no further than the repeal of Glass-Steagall for proof that, left to its own devices, the giants of industry will torque the system to no end. Proof positive lies in the collapse and subsequent bail out of the banking industry, which would not have happened if Glass-Steagall were in force, period. If the FCC’s Net Neutrality rules are overturned by Senator Hutchinson and the lobbyists of Verizon, etc., the knock on effects could be significant as well. Sen. Kerry aptly commented last week, “It will set the precedent that this Congress is prepared to deny independent regulators their ability to execute the law. That would put at risk health rules, environmental protections, worker rights and every other public ...

Full article: http://www.triplepundit.com/2011/11/keep-internet-free-re...

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