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Net Neutrality Vets Join Obama FCC Transition Team
circleid writes "The Obama-Biden transition team on Friday named two long-time net neutrality advocates to head up its Federal Communications Commission Review team. Susan Crawford, a professor at the University of Michigan Law School, member of the board of directors of ICANN, and OneWebDay founder, as well as Kevin Werbach, former FCC staffer, organizer of the annual Supernova technology conference, and a Wharton professor, will lead the Obama-Biden transition team's review of the FCC. 'Both are highly-regarded outside-the-Beltway experts in telecom policy, and they've both been pretty harsh critics of the Bush administration's telecom policies in the past year.' The choice of the duo strongly signals an entirely different approach to the incumbent-friendly telecom policy-making that's characterized most of the past eight-years at the FCC."
Reuters has a related story about Senator Byron Dorgan (D-ND), who plans to introduce net neutrality legislation in January.
I am really getting sick of people propagating the myth that Wall Street was deregulated. The US Government intervenes every single day in the financial markets. The Federal Reserve sets the cost of capital in a committed effort to manipulate the cost/benefit analysis of businesses deciding how and when to grow. The government has a very heavy hand on the financial markets, especially when it comes to encouraging individuals and companies to spend when they wouldn't otherwise spend, and yet when a bubble (which by definition is unnatural valuation) bursts and companies fail because they have inadequate savings (since they spent too much), no one asks whether the existing government regulation was to blame for any of it?
(Well, that is not entirely true. There are actually a few individuals in Congress who are asking these questions. But most of the public is not asking them, because they do not understand the market.)
> Markets can't be free without the proper regulation
I was going to respond to your comment, but I can't make any sense at all of this part of it. Maybe you should read up a little on what a free market is.
http://en.wikipedia.org/wiki/Free_market
Here, I'll even quote a bit of it since you probably won't bother clicking the link:
Got it???