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WSJ Says Gov't Money Injection Won't Help Broadband

olddotter writes "According to the WSJ, The US government is about to spend $10 Billion to make little difference in US broadband services: 'More fundamentally, nothing in the legislation would address the key reason that the US lags so far behind other countries. This is that there is an effective broadband duopoly in the US, with most communities able to choose only between one cable company and one telecom carrier. It's this lack of competition, blessed by national, state and local politicians, that keeps prices up and services down.' Get ready for USDA certified Grade A broadband."

647 comments

  1. Cognitive dissonance... by R2.0 · · Score: 5, Insightful

    So the WSJ, viewed by slashdotters as a heavily conservative news source, is advocating a position that most slashdotters agree with?

    Head explosions commencing in 3...2...1...

    --
    "As God is my witness, I thought turkeys could fly." A. Carlson
    1. Re:Cognitive dissonance... by Who+Is+The+Drizzle · · Score: 5, Informative
      Actually the article had an anti-net neutrality bent which would put it against many slashdotters.

      The House bill also calls for "open access." This phrase can include hugely controversial topics such as net neutrality, which in its most radical version would bar providers from charging different amounts for different kinds of broadband content. Now that video, conferencing and other heavy-bandwidth applications are growing in popularity, price needs to be one tool for allocating scarce resources. Analysts at Medley Global Advisors warn that if these provisions remain in the bill, "it will keep most broadband providers out of the applicant pool" for the funds intended specifically for them.

    2. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      So the WSJ, viewed by slashdotters as a heavily conservative news source, is advocating a position that most slashdotters agree with?

      Head explosions commencing in 3...2...1...


      Many on slashdot identify themselves as having libertarian views (with or without a capital L). Libertarianism is more in line with "traditional" conservative ideology than anything, so this shouldn't come as a surprise. (Note the "traditional" - this isn't neoconservatism or religious right stuff). Whether many of them want to acknowledge it or not is another matter entirely.

    3. Re:Cognitive dissonance... by CodeBuster · · Score: 4, Insightful

      And yet in other countries, as TFA also points out, it is competition and NOT regulation which has delivered high speeds at low prices or 13 cents in Japan and 33 cents in France as opposed to $3 in the United States per million bits/second. We have seen our ranking slip to 15th in the world for broadband quality and penetration with regulation, why not give competition a chance? If there was lots of competition for your Internet connection dollars would you select an ISP that didn't respect Net Neutrality? Perhaps there is a way to get what most Slashdotters want (i.e. Net Neutrality) without having the government force it down everyone's collective throats with more regulation.

    4. Re:Cognitive dissonance... by pin0chet · · Score: 1

      The bill doesn't define the term "open access"--it leaves that up to federal regulators. This means that if the FCC or NTIA decides to define open access as application-neutral network management, then ISPs wouldn't be allowed to give time-sensitive applications priority over non-time-sensitive ones.

    5. Re:Cognitive dissonance... by timeOday · · Score: 3, Insightful

      And yet in other countries, as TFA also points out, it is competition and NOT regulation which has delivered high speeds at low prices

      The article claims such a thing, but does nothing to support that claim. I will quote the claim in full: "In contrast, most other advanced countries have numerous providers, using many technologies, competing for consumers."

      The obvious and unanswered question is, why do countries like Japan and France have more and better options for bandwidth? It is because the telecom industries there are controlled by libertarians? I doubt it. My guess is the opposite.

    6. Re:Cognitive dissonance... by hrieke · · Score: 2, Insightful

      Actually, the major problem with the US is distance.
      Japan is the size of California, France is 4/5th the size of Texas (size of France / size of Texas).
      We've spread out- look at the cities of Asia and Europe- fairly tight; but they too have the same problem of broadband out in the country side.

      That said, there still is no excuse for the crappy service that we live with, and the competition should be encouraged by ending excursively.

      --
      III.IIVIVIXIIVIVIIIVVIIIIXVIIIXIIIIIIIIVIIIIVVIIIV IIVIIIIIIVIII...
    7. Re:Cognitive dissonance... by Who+Is+The+Drizzle · · Score: 1

      And yet in other countries, as TFA also points out, it is competition and NOT regulation which has delivered high speeds at low prices or 13 cents in Japan and 33 cents in France as opposed to $3 in the United States per million bits/second.

      No, what got those inexpensive broadband speeds in places like Japan, South Korea, etc are huge government investments in infrastructure spending on getting a wide coverage for broadband. If such investments weren't ever made they wouldn't be as much ahead of the game as they are.

    8. Re:Cognitive dissonance... by Anonymous Coward · · Score: 2, Informative

      why not give competition a chance?

      Why not indeed? The best way to ensure competition is through regulation. The system we have now is a Red Scare era kludge that adheres to the strict belief that the government should not own anything. If the government can't own the lines, guess who can. The likes of AT&T and Comcast are not going to allow competitors into the market - even if you ask nicely.

      Net Neutrality is a separate issue entirely, which isn't going to be solved by competition alone. Each ISP would simply give preference to their preferred partners.

    9. Re:Cognitive dissonance... by internerdj · · Score: 1

      Yes but the telcos/cablecos have no interest in Net Neutrality, providing you with better service for the same price, providing you with a better price for the same service, or letting real competition into their feifdoms.

    10. Re:Cognitive dissonance... by MobyDisk · · Score: 1

      which in its most radical version would bar providers from charging different amounts for different kinds of broadband content.

      I've had lots of discussions about network neutrality, and no one has ever mentioned this, except to say that they heard it somewhere. That would have nothing to do with network neutrality, and would simply make no sense. Who actually believes this view, and why do they call it network neutrality?

      I think this is just a falsehood made-up by telecom companies to confuse people into thinking network neutrality is something it is not.

      hugely controversial topics such as net neutrality,

      And of course, this is only controversial in Washington. Amongst techies, it's obvious.

    11. Re:Cognitive dissonance... by rwiggers · · Score: 1

      Well, try looking at the population density. If nothing else poses as a problem, like very high taxes and so on, few customers per mile will improve price.
      from wikipedia : http://en.wikipedia.org/wiki/List_of_countries_by_population_density
      pop den Japan: 339
      pop den France: 110
      pop den US: 31
      pop den Brazil: 22

    12. Re:Cognitive dissonance... by commodore64_love · · Score: 1

      >>>TFA also points out, it is competition and NOT regulation which has delivered high speeds at low prices or 13 cents in Japan and 33 cents in France

      Precisely, and we could easily fix in this in the United States if we simply allowed Time-Warner, Comcast, Cox, Charter, et cetera to run 4-5 lines in parallel through the underground pipe. Then a customer could say, "Cox is cheapest; hook me up," and a wire could be run from the underground pipe into the house.

      The only people who claim this cannot be done are those who desire to keep a monopoly on cable tv/internet. As an engineer, I think it would be extremely easy to run 4-5 cables in parallel. There's plenty of room in the existing conduits.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    13. Re:Cognitive dissonance... by furby076 · · Score: 1

      Because comcast owns the lines. Because AT&T owns the internal lines. Because Verizon owns the local lines. If there is no regulation in place (totally free-market) net-neutrality will be a myth (if it isn't already so). Regulation can prevent net neutrality, which is something the cable/telecoms do not want. Remember the cable/telcos want to charge a company, that is not their hosting customer, extra money. So if you go to Google (via your comcast connection), and google is a customer of Verizon, but not of say Comcast, then Google will be artificially slower for you...unless Google wants to pay Comcast extra fee's.

      Gov't needs to not prevent competition (e.g. up until a week or two ago only comcast was allowed in philadelphia. They recently voted to allow Verizon to lay FIOS cable). Gov't does need to regulate matters to prevent big-business from taking advantage. Do you not think Comcast/Verizon won't do things to increase their profit margin at the expense of someone else? Look at ATM's....back when first introduced they were regulated so the banks could NOT charge you service fee's for using an ATM machine. Once that regulation was removed CitiBank instituted a 25 cent surcharge. Then other banks followed...and now you pay on the lower end of the scale $2...lots of places even more then that. BTW, as of 2003 the average cost (for both banks TOTAL) of an ATM charge was about 2-4 cents per transaction...and they charge $2 on the lower end of the scale, per transaction.

      Gov't regulation can work if implemented correctly.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    14. Re:Cognitive dissonance... by rev_sanchez · · Score: 1

      ISPs in the form of cable or phone companies have seen their broadband internet services beginning to compete with their traditional high margin products via VoIP and video on demand internet services. Increasing broadband speed and/or availability not only puts providers into a less profitable position in the market when real competition kicks in but it also means making a lower margin product that competes with their cash cows more valuable without really making them more profitable.

      If we want to make telecoms/cable companies play nice with stimulus money we should reimburse them some of their outlay when the work is done because they ripped us off when we dealt with them last time. As for local regulatory issues I say we try to sink cables in interstate medians.

      --
      If you didn't come to party don't bother knocking on my door. Prince '1999'
    15. Re:Cognitive dissonance... by commodore64_love · · Score: 5, Informative

      >>>Actually, the major problem with the US is distance. Japan is the size of California, France is 4/5th the size of Texas

      And population. When you compare the U.S. states versus the EU states, we're not being bad at all. We have states that every bit as fast as Europe's fastest:

      FASTEST STATES (avg Mbps)
      ---------------
      Sweden(11)
      Delaware(10)
      Washington(9)
      Netherlands, Rhode Island, New Jersey, Massachusetts(8)
      Virginia, New York ,Colorado, Connecticut, Arizona, Germany(7)

      So if you want speeds faster than France, move to the one of the places listed above. It's that simple. Of course at this point, various readers will ignore this data, the same way a christian ignores 1 million-year-old rocks with fossilized animals. It's easier to cling to religion than think.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    16. Re:Cognitive dissonance... by techno-vampire · · Score: 1
      few customers per mile will improve price.

      I'm not sure, but I think you have that backwards. The more customers per mile, the more revenue per mile. More revenue means that you can charge each customer less, and still make more money.

      --
      Good, inexpensive web hosting
    17. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      So the WSJ, viewed by slashdotters as a heavily conservative news source

      What's wrong with conservatism?

    18. Re:Cognitive dissonance... by n4f · · Score: 1

      I agree. Distance is definitely one issue that is more prevalent in the US than other countries. However, I don't believe that the "free market" should be the sole factor for determining price and service level. For example, cell carriers charge 10 cents per text message sent or received (on average). That means that every text sent is 20 cents in the pocket of the cell company. Since text messages use a trace amount of bandwidth (they piggyback onto voice calls), this is essentially pure profit. A telco company could try to take a certain amount of market share by giving away free text messaging, but its just too lucrative to give up. People enjoy using the texting service, and many people consider it an essential part of their cell phone usage. They're not just going to give it up so they can "vote with their dollars."

      The same thing is happening with internet access. There is an oligarchy on broadband resources allowing companies to charge arbitrary amounts for their service. Also, since competition is limited, most carriers offer subpar service. You can either have comcasts crappy service, AT&T's crappy service, crappy satellite service, etc. No one who currently subscribes to broadband is going to end their service because they want to protest poor service and high costs - people need their internet.

      Gov't could regulate price structure and minimum service level so that all broadband companies are playing on the same level, and people can get an expected level of service and cost. This is why gas and electric utilities are regulated. These companies have a natural monopoly on limited resources and need to be regulated to prevent gauging of customers.

    19. Re:Cognitive dissonance... by Hanyin · · Score: 2, Insightful

      Actually, the major problem with the US is distance. Japan is the size of California, France is 4/5th the size of Texas (size of France / size of Texas). We've spread out- look at the cities of Asia and Europe- fairly tight; but they too have the same problem of broadband out in the country side.

      That said, there still is no excuse for the crappy service that we live with, and the competition should be encouraged by ending excursively.

      I've got one word for you: Sweden

      They've got a lower population density and faster connections.

    20. Re:Cognitive dissonance... by ultranova · · Score: 4, Informative

      And yet in other countries, as TFA also points out, it is competition and NOT regulation which has delivered high speeds at low prices or 13 cents in Japan and 33 cents in France as opposed to $3 in the United States per million bits/second.

      Dunno about those countries, but here in Finland we have regulation which forces the company which owns my telephone line to let other companies offer Internet connectivity over it. That has led to healthy competition and drop in prices.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    21. Re:Cognitive dissonance... by bennomatic · · Score: 1

      Too true. Funny how those arguments ignore the other possibility: charging based on usage rather than on what the data is used for. If I'm pushing 60 GB a month for video conferencing, I should be paying the same amount as someone who's pushing 60 GB in email or 60 GB in p2p linux distros, not more, not less because it's video.

      For crying out loud, it's ones and zeroes! OK, deep breath...

      --
      The CB App. What's your 20?
    22. Re:Cognitive dissonance... by thePowerOfGrayskull · · Score: 1
      bad example. People are willing to pay those fees in sufficient scale. The banks should charge "whatever the market will bear" - if they go too far, people will find other options. And there ARE other options in the case of ATMs - most places accept debit card. Wawa (locally around philly) has fee-free ATM, as do other places. You can go directly to the bank. Or use your bank's ATMs. Or... if you have to have cash NOW, you can pay the fee.

      It's the difference between a luxury and a necessity. Getting cash out from an ATM is a luxury. Internet connection is more and more becoming a necessity of modern life (for a given standard of living).

    23. Re:Cognitive dissonance... by Luke+has+no+name · · Score: 1

      Congratulations inserting a troll into your post, do you feel clever? Don't answer that, I don't care.

    24. Re:Cognitive dissonance... by Saffaya · · Score: 4, Informative

      You are absolutely and totally wrong in both your examples.

      Japan was lagging behind the US, France, germany and a lot of countries concerning internet access.
      Then one particular member of their government (his name eludes me for now) declared that internet access should be a priority, and the big companies followed the impulse up to today's situation.

      France has successfully reached a healthy competitive market for internet access, all thanks to proper regulation that FORCED the previously state-owned monopolistic operator, whose lines were paid by french citizen's taxes, to provide access to the last mile to competitors.
      Said historical monopolistic operator, france telecom (now orange) had to be pulled into this screaming and kicking, and was using all its weight and dirty tricks to hinder and slow any other company.
      If not for the ART (Telecoms Regulation Authority) kicking France Telecom's nuts so they would obey the LAW that opened the market and allowed competition, there would not be such an excellent internet access for citizens today.
      Morevover, everyone is impatient to see the arrival of a new operator in the cell phone business. French government wants a 4th cell phone carrier to operate, as the current triopoly has been comdemned in justice already for their pricefixing (colluding to keep prices artificially high).

      The US needs proper regulation. Not abscence of regulation nor bailout/incentive/whatever billions of $.

    25. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      regulation is often necessary to make competition possible.

    26. Re:Cognitive dissonance... by madsenj37 · · Score: 1

      I would venture to guess that at a low enough population, it can become worth while to be connected at high expense, especially when the population is sparse and not dense.

      --
      Choosing the lesser of two evils is a choice for evil.
    27. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      Methinks there may be something more to this than just regulations. Here in Texas, the areas in which the power companies are deregulated have the highest prices for electricity. The areas in which you are forced to use one provider generally have much lower rates. I think this is because the companies are still competing for that long term monopoly for those given areas. I think something similar would happen with broadband especially given that most Americans are happy with their internet as it is.

    28. Re:Cognitive dissonance... by TheSync · · Score: 1

      The obvious and unanswered question is, why do countries like Japan and France have more and better options for bandwidth?

      I wonder if you have to file an environmental impact statement to trench fiber in Japan if the government is behind you?

    29. Re:Cognitive dissonance... by neuromancer2701 · · Score: 1

      I call BS. Sweden may have a low overall population density but 85% of the population lives in urban areas(southern part of the country) Stockholm's metro area has more that 20% of the entire nations population. I doubt they have great broadband penetration in the rural areas up north.

      --
      "If you like Battlestar Galactica, you're probably a huge nerd." -Stephen Colbert
    30. Re:Cognitive dissonance... by Anonymous Coward · · Score: 1, Informative

      I live in Virginia. My download speed varies from 600 kB/s to 1100 kB/s. I pay $45/month for internet only.

      I used to live in France. My download speed was consistently above 2000 kB/s. I payed 30 euros per month for internet, TV, and telephone.

      US services do not compare.

    31. Re:Cognitive dissonance... by BoberFett · · Score: 1

      Government regulation created the monopoly/duopoly. Try again.

    32. Re:Cognitive dissonance... by rgviza · · Score: 1

      "why not give competition a chance?"

      Because this is the United Socialist States of America. This is not a capitalist country, we have turned into a socialist country. What happens in socialist countries? Everything begins to suck and they eventually implode because there's no incentive to try any more.

      We have regulated ourselves right out of being able to compete with the rest of the world.

      Look around you, I rest my case. Everything from the roads to broadband sucks in this country. Bridges are falling apart while the government keeps defunct and irrelevant companies on life support with our tax dollars for no benefit at all to the very people paying the damn taxes, which happen to be killing me, I don't know about you.

      The only way to fix it is to exercise our vote and have a bloodless revolution. Unfortunately everyone keeps voting for the same people over and over or doesn't bother. These criminals are driving this country into the ground with people like Nancy Pelosi leading the charge. /sigh

      We have become sheeple. We have created our own reality and allowed our government to become a government of the politicians for the politicians.

      Better vote them out before they take the right to vote away.

      -Viz

      --
      Don't kid yourself. It's the size of the regexp AND how you use it that counts.
    33. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      Let me guess. You reside in a metropolitan area don't you? Perhaps the view is great from up on your high horse, but down in the not-rural-but-not-metro trenches reality is a bit different...

      I am already a resident of one of the named states and I rarely get better than 256Kbps in the evenings. (Often in the 10Kbps range.) Why? Because I don't live in the big city (nor in the rural country), the incumbants (DSL and cable) see no reason to invest in our area. Not enough population base to milk I suppose. As long as the government continues to allow (and even subsidize) such tripe as counting a whole county as having service if one residence adjacent to a metro area can get something other than modem speeds, the problem will continue.

      So before rambling on about other people and "religion", perhaps you need to come down from your pulpit and stop sermonizing.

      -- Anon

    34. Re:Cognitive dissonance... by ianare · · Score: 1

      You can get broadband in the contryside in France. Even in out of the way medieval villages of 100 people.
      By contrast, you can't get broadband in some parts of Alachua, FL - the county seat and 15 minutes down the road from Gainesville (home of UF).

    35. Re:Cognitive dissonance... by Tolleman · · Score: 1

      We do. You can get atleast 10 down basicly anywhere no matter how far off you are. Extremes not included. Like if your the only one within a 50km radius pretty much.

    36. Re:Cognitive dissonance... by corsec67 · · Score: 1

      A better way to do that:
      Separate the last-mile from the content provided over that connection. Have a company (or public utility) provide the connection from a central point to each house. Then let the customer choose who is going to provide the service over that connection.

      You are talking about every phone/cable connection requiring 4-5 times the room in the conduit, or retrofitting areas with 4 times as many cables which aren't going to get used.

      --
      If I have nothing to hide, don't search me
    37. Re:Cognitive dissonance... by buddyglass · · Score: 1

      Prices vary widely outside the United States. It's not entirely fair to cherry pick Japan and France, which are two of the cheapest around. Japan in particular is geographically different in that it has a much higher population density.

      Current U.S. prices also vary by which "tier" you purchase. Take AT&T DSL, for example. In my area you can get the 6 Mbit/s service for 4.50 EUR/Month per Mbit/s, or 4.0 GBP/Month per Mbit/s. On the cable side you can get 7 Mbit/s for $40/month, which is slightly cheaper.

      While it doesn't approach how cheap broadband is in France or Japan, it's cheaper than what you'd pay in the UK and not too far off what you'd pay in Germany.

      One caveat: those cost statistics are from a year and a half ago. No idea how they've changed in the mean time.

    38. Re:Cognitive dissonance... by u-235-sentinel · · Score: 1

      Precisely, and we could easily fix in this in the United States if we simply allowed Time-Warner, Comcast, Cox, Charter, et cetera to run 4-5 lines in parallel through the underground pipe. Then a customer could say, "Cox is cheapest; hook me up," and a wire could be run from the underground pipe into the house.

      The only people who claim this cannot be done are those who desire to keep a monopoly on cable tv/internet. As an engineer, I think it would be extremely easy to run 4-5 cables in parallel. There's plenty of room in the existing conduits.

      Is there a reason you don't mention building a neutral infrastructure like what we have with public roads?

      We could decide (for example) one pizza company has the best pizza on the planet and drive to their business and become a regular customer. On the other hand, if we find out they spit in the pizza sauce we can decide to drive those same roads to the pizza company next door to them and never go back.

      In the same vein, why not have a service neutral network in place and decide one company over another is best for our needs?

      This solves the problem is having to run multiple cables and if a provider decides to 'spit in our sauce' we can tell them to shove off.

      --
      Has Comcast disconnected your Internet account? Same here. You can read about it at http://comcastissue.blogspot.com
    39. Re:Cognitive dissonance... by raddan · · Score: 2, Interesting

      We have that in the US, too, but the result has been that if you don't go with the main carrier, support for your line is virtually nonexistent, and for this, you pay a premium. Speakeasy is the perfect example-- they are a great company; very receptive support, have all of the speed and features I want (symmetric DSL, fixed IPs, etc). But if something goes wrong with the line, you wait *weeks* for Verizon or Covad (or whoever) to get around to fixing it. All Speakeasy can do is wring their hands. And it ain't cheap.

      I think in the US, the government should own the line, as a piece of infrastructure, and lease it out to the telcos. Considering what we paid in the 90's for the telecom industry, what we got was shit.

    40. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      How exactly do you intend to get competition without regulation?

      Telecom (yes that includes the internet) is a natural monopoly. Telecom+Cable are natural duopolies.
      Unless you can lower the barrier to entry for a new broadband provider, you're not going to get much competition.

    41. Re:Cognitive dissonance... by commodore64_love · · Score: 1

      >>>Then let the customer choose who is going to provide the service over that connection.

      Is there an echo in the room? I just said exactly the same thing. You have 4-5 cable companies providing service to a neighborhoo, but the last mile (actually 100 feet) is provided by just ONE company - whichever one the person chooses.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    42. Re:Cognitive dissonance... by commodore64_love · · Score: 1

      >>>Is there a reason you don't mention building a neutral infrastructure like what we have with public roads?

      Yeah because the public roads have annoying events like collapsing bridges (ref: Minneapolis), which is just one example of many where the government fails to provide good products. The government also has worse customer service than Comcast. Just visit the DMV sometime.

      And finally, I like the power of choice. You don't have choice when you only have one choice.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    43. Re:Cognitive dissonance... by corsec67 · · Score: 1

      No, there isn't an echo, because I am saying that requiring a company to provide a plant to every neighborhood is a large investment. You wouldn't have 4-5 cable companies providing service to every drop box in every neighborhood. Your solution is really pretty much what we have now, which is no choice at all.

      I am saying that the choice should be at what current telephones call the "central office", which is much more than 100 feet from every home.

      --
      If I have nothing to hide, don't search me
    44. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      It is because the telecom industries there are controlled by libertarians? I doubt it. My guess is the opposite.

      Libertarians are controlled by telecom industries? It explains everything!

    45. Re:Cognitive dissonance... by falconwolf · · Score: 1

      So if you want speeds faster than France, move to the one of the places listed above.

      So, if you want broadband then move? I'd rather be able to build the broadband infrastructure so everyone can get it. And access providers have already been paid to buildout the infrastructure.

      Falcon

    46. Re:Cognitive dissonance... by bwcbwc · · Score: 1

      Correction: We USED to have that in the US. It went away during Bush 2.0. The incumbent telcos claimed the regulation forced them to sell bandwidth to their competitors at below cost. To which the response should've been: "So? We gave you guys billions to expand your capacity. Where's the capacity?".

      Back when the carriers were forced to share their channel, we at least had more competition, even if the price didn't vary that much between the vendors. You didn't have to jump through so many hoops to get bare DSL service with the independent providers. If the FTC had stepped in with an anti-trust lawsuit against the incumbent providers, they might have stopped the game-playing about connects, disconnects and repairs.

      --
      We are the 198 proof..
    47. Re:Cognitive dissonance... by MadMidnightBomber · · Score: 1

      Virgin Media in the UK is claiming to be able to deliver 50Mbps (no, I haven't even asked the price), so I'd be interested to know where you get your data. Most broadband here is rated 8-16Mbps though.

      --
      "It doesn't cost enough, and it makes too much sense."
    48. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      Sorry. I intended to write increase. Come to think, OTOH it may actually be a price improvement from the seller POV.

    49. Re:Cognitive dissonance... by swarsron · · Score: 1

      same here in germany. There were high prices and no competition until we created a regulating body which forced the Deutsche Telekom to let competitors rent their lines. Now we have 18/1 mbit dsl for 30 euros

    50. Re:Cognitive dissonance... by commodore64_love · · Score: 1

      >>>I am saying that requiring a company to provide a plant to every neighborhood is a large investment.

      They can afford it. In fact I bet that Time-Warner and Cox would love to expand their services into Comcast monopoly zones. They'd jump at the opportunity.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    51. Re:Cognitive dissonance... by furby076 · · Score: 1

      And you think gov't can't prevent monopolies/oligopolies? Fail again.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    52. Re:Cognitive dissonance... by furby076 · · Score: 1

      My ATM example wasn't about ease of access to alternatives (though those not local to philly or who are not in the area of their banks do not have an option - especially since not everyone accepts credit cards). My example was to illustrate that the moment gov't removes restrictions for businesses they will do whatever they can to make a profit - and that is why we see such high ATM fees, even though the costs/transaction, to these companies is nil.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    53. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      That is only the garunteed MAXIMUM. People get less than 50% of that if you run a survey based on speed tests rather than advertised values.

      Average broadband speeds in the US is 1.9Mbps based on speed tests, New york itself was only getting 3.4. Rhode Island was the best at 5Mbps

      [url]http://arstechnica.com/tech-policy/news/2007/05/survey-average-broadband-speed-in-us-is-1-9mbps.ars[/url]

      ITIF does report the average being a little bit better but still well bgelow the rest of the world.

    54. Re:Cognitive dissonance... by BoothbyTCD · · Score: 1

      I don't think anyone could call the Japanese telecom sector a libertarian paradise. Not with a straight face anyway.

      --
      snig
    55. Re:Cognitive dissonance... by thePowerOfGrayskull · · Score: 1

      True; but what I was getting at is that it's not a bad thing - if there's a situation where there is competition; that's what the market does handle well in most cases.

      However, in cases of infrastructure, I think the government should own the fiber/communications backbone, and lease it out to providers at a fixed rate designed to break even on maintenance. (Same for water, electricity, sewage, etc)

      Unfortunately, it's far too late for that - because as much as I would like to see that, I definitely would /not/ want to see government seizing the property of business(es) to make it happen. It's the kind of thing that would need to have been done from the start.

    56. Re:Cognitive dissonance... by u-235-sentinel · · Score: 1

      And finally, I like the power of choice. You don't have choice when you only have one choice.

      Which is why I'm advocating another solution. The 4 or 5 companies running fiber is the same reason why we have airports rather than an airport for each airline company. Now that would be a lot of airports.

      And speaking of choice, you have Concast then you have... ummm.. nobody else in your area. Unless you live like IN philly. Which now has Verizon coming.

      Concast must be pissed.

      Good. Screw em.

      --
      Has Comcast disconnected your Internet account? Same here. You can read about it at http://comcastissue.blogspot.com
    57. Re:Cognitive dissonance... by Anonymous Coward · · Score: 0

      Of course at this point, various readers will ignore this data, the same way a christian ignores 1 million-year-old rocks with fossilized animals. It's easier to cling to religion than think.

      You mean "ignore" as in how you ignore the lack of mutual exclusion between Christianity and Science? Just because there are whackos on the side of Christianity does not mean that you can be equally whacko by calling all Christians stupid.

      - Evidence suggests rocks are older than 6,000 years.
      - Some "Christians" claim the world can only be 6,000 years old.
      - Therefore, you jump to the conclusion that all "Christians" are stupid because some believe the world is only 6,000 years old.
      Anyone else see a problem with that?

      I happen to think that anyone on EITHER side of this debate is retarded. Not the Creationists by themselves. Not the Evolutionists by themselves. But ANYONE who actually believes that their side mutually excludes the other.

      The Bible is piece of literature written in languages that nobody can even speak today. There are sparsely any comparative texts from the same time period to which a literary comparison can be held. I am not alone when I say there is plenty of room to take a poetic interpretation of Genesis and still adhere to the Christian belief system.

      Modern biology and geology, if truly unbiased as all science should be, document plausible explanations for "how" our world is the way it is. Anyone who takes that as a threat to their world view completely misses the point, just as any scientist who takes the Scopes Monkey Trial versions of Christians (who seem to run in large numbers with Republican Neo-Cons, sorry to say) as a threat also misses the point.

      Like any story, there are usually at least three versions: Party A's version, Party B's version, and the truth. Don't be a statistic with your dense over-collectivisms. Perhaps more motivating to you: don't be as stupid as the creationism-as-science people are being! Ignore their logical fallacies rather than perpetuate your own.

  2. Hello? by corsendonk · · Score: 1

    You can tell the US needs a network upgrade when I'm halfway around the world away getting the first post on a dial-up?

    1. Re:Hello? by Shakrai · · Score: 2, Funny

      You can tell the US needs a network upgrade when I'm halfway around the world away getting the first post on a dial-up?

      Guess we don't need the upgrade cuz you didn't get the first post ;) Thanks for confirming that our tubes are working properly and saving Uncle Sam a cool $10,000,000,000.00!

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    2. Re:Hello? by sumdumass · · Score: 1

      That doesn't mean you have a better connection or that the US needs an upgrade, it just means that halfway around the world, you have less of a life then some of the "other slashdot crowd".

  3. Economics by Anonymous Coward · · Score: 0

    Voodoo religion of the beltway!

  4. Newsflash by Akido37 · · Score: 1

    The WSJ says that government doesn't work. News at 11...

  5. WSJ says by M.+Baranczak · · Score: 4, Informative

    Of course they do. The Wall Street Journal is a temple of supply-side economics. According to them, the government can't do anything right, except cut capital gains taxes. I would have been very surprised if they'd had anything good to say about this bill.

    1. Re:WSJ says by Amazing+Quantum+Man · · Score: 1

      Doesn't matter though, assuming TFS is correct, the WSJ is absolutely right.

      --
      Fascism starts when the efficiency of the government becomes more important than the rights of the people.
    2. Re:WSJ says by Anonymous Coward · · Score: 1, Insightful

      The USA was founded under the assumption that government can't do anything right. I wish people would remember that.

    3. Re:WSJ says by jackspenn · · Score: 1
      This bill is terrible. Here are a few truly bipartisan ways to stimulate the economy that aren't being discussed:
      1. Energy independence Stimulus Package. Tax rebates for people who buy cars made in America, doubt rebate if the car is a hybrid. Add in money/projects to build wind and solar energy farms and that will make Democrats happy. Remove the offshor drilling band and you could easily create 3 million jobs and keep more money in county, making Republicans happy. If you toss in a few projects to build nuclear plants, which I think is the best and greenest energy model, then many common sense people will be happy.
      2. Education Stimulus Package" Student tuition vouchers, this will make Democrats happy and people in college/trade school happy. Vouchers for private and home schools will make Republicans happy.
      3. Tax Cut Stimulus Package (also delivering on campaign promise): Obama promised 95% of the people tax cuts, many people I know who voted for him for that reason wonder why he is not making the bush tax cuts permanent (which merely prevents their taxes from going up in 2010) and isn't pushing for the additional promised tax cut. This would help strengthen consumer confidence both in the short and long term because they know whatever they make, they will be keeping more, if they pay down debt that is good, if they save that helps banks with capital shortages and if they spend that helps companies who are having a hard time right now, plus it lets people decided what to do themselves.
      4. Reduce Government Waste: The above items will not cost as much and get money into the economy faster, cut wasteful proects so that the federal government borrows/prints less money.
      5. Obama proved one thing so far, he is not a leader. If he was he would have given specifics of what he wanted, cut a deal with the GOP to given them a fair representative amount of stimulus input and probably already had a bill on his desk. Instead he just said he wanted a stimulus bill and the result is that Congress is giving him a pork bill that doesn't spend money now, but waits until just before their election campaigns.

      --
      Respect the Constitution
    4. Re:WSJ says by buswolley · · Score: 1

      Really. Nothing right? What croc. RightWingNut Ism-ite

      --

      A Good Troll is better than a Bad Human.

    5. Re:WSJ says by Rycross · · Score: 1

      No, it was founded under the assumption that the federal government is necessary for some things, but needs to be closely watched, monitored, and limited. The Articles of Confederation actually provided a weaker national-level government, and it failed.

      I wish people would remember THAT.

    6. Re:WSJ says by buswolley · · Score: 1

      I don't know sir. I think that you might be wrong.

      --

      A Good Troll is better than a Bad Human.

    7. Re:WSJ says by Shakrai · · Score: 2, Insightful

      Energy independence Stimulus Package. Tax rebates for people who buy cars made in America

      That won't stimulate the economy. That will spark a trade war with our European and Asian trading partners and the resulting decline in industries that rely on imports/exports will more than outweigh the resulting increase in Detroit.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    8. Re:WSJ says by Anonymous Coward · · Score: 0

      The may be biased, but are they wrong?

    9. Re:WSJ says by jellomizer · · Score: 1

      Keep both sides balance. What I am worried about the stimulus package is in order to fix the problem of too free market economy is tossing a too socialistic economy to fix it. If this stays short term a quick fix then that is good. But a long term this has problems too. Most of the times the laws to prevent these problems were already on the books just no one enforces them. Espectially when everyone is making money,

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    10. Re:WSJ says by DeadChobi · · Score: 1

      Agree. Whenever the President dictates what Congress should do I die a little bit inside. The whole purpose of government was to ensure that certain inalienable rights were protected. It shouldn't have to provide for us economically. If we can't manage to feed and clothe ourselves on our own merits than we deserve to die. Notice that the right to live is not an inalienable right, being that everyone dies in the end. Government protects us from other governments, and from people who would deny us liberty. But more and more it's the creature which denies us our own essential liberty. If you don't like the way a company does something, you should have both the liberty and the inclination to do something about it. But government regulation removes your liberty, and suddenly you don't have the inclination anymore.

      This is what we have become because of big government, sheep afraid to step up and provide reasonable service at a reasonable price. If you don't like the way something is being done, perhaps its you who should be doing something about it.

      --
      SRSLY.
    11. Re:WSJ says by fm6 · · Score: 1

      My favorite WSJ journal editorial was the one against eliminating the penny. They argued that this was conceding defeat to inflation. By that logic, we should bring back the half penny, so we can roll back prices to 1857!

    12. Re:WSJ says by jackspenn · · Score: 1

      How so? BMW makes cars in SC, Toyota in TX, Honda in OH, etc.

      --
      Respect the Constitution
    13. Re:WSJ says by Anonymous Coward · · Score: 0

      "certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."

      What part of Life don't you understand?

    14. Re:WSJ says by ultranova · · Score: 4, Insightful

      The whole purpose of government was to ensure that certain inalienable rights were protected. It shouldn't have to provide for us economically. If we can't manage to feed and clothe ourselves on our own merits than we deserve to die.

      And if you can't protect your rights, you deserve to lose them. Why do you think that right to life is less deserving of protection than other rights?

      Still, at least you deserve credit for being honest about what libertarian ideology means: the poor should just die. Not that it wouldn't be obvious to anyone anyway, which is why libertarians get so few votes; but at least you aren't trying to hide behind "voluntary charity" or other bullshit.

      Notice that the right to live is not an inalienable right, being that everyone dies in the end.

      Since death prevents you from exercising any rights, it logically follows that you lose all of them in the end, and thus none of them are inalienable.

      Government protects us from other governments, and from people who would deny us liberty.

      And since we've already established that death strips your rights, it follows that people who would deny me the resources I need to live are included in that list. Not that that matters; I value my life higher than liberty, since without life I can't have anything, including liberty.

      But more and more it's the creature which denies us our own essential liberty.

      Government and companies both. That's why you need to play them against one another; use government to limit corporate power.

      If you don't like the way a company does something, you should have both the liberty and the inclination to do something about it.

      I am. I'm voting for politicians who are for regulating companies, thus forcing them to behave.

      This is what we have become because of big government, sheep afraid to step up and provide reasonable service at a reasonable price. If you don't like the way something is being done, perhaps its you who should be doing something about it.

      Like I said above, voting for more regulation is doing something about it.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    15. Re:WSJ says by Shakrai · · Score: 1

      Ah. Usually when people advocate that they are advocating protectionism for domestic industries (i.e: the big 3)

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    16. Re:WSJ says by elrous0 · · Score: 1

      Yeah, and after a few years of that they realized that assumption was stupid and got rid of the Articles of Confederation in favor of the Constitution.

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
    17. Re:WSJ says by electrosoccertux · · Score: 1

      And it will reduce incentive for American companies to produce competitive products.

      Just look at what happened to India after Ghandi. While well intentioned and initially beneficial to the country, his protectionist rhetoric (and the subsequent laws passed which do things like stipulate the maximum size (# employees) an Indian company can grow to-- fortunately this one was recently repealed) ultimately lead to the removal of India from the competitive global market.
      (It's hard to become a big provider (say, textiles) in even your own country of 1 Billion when you're limited to 100 employees, not to mention entering the global market. These laws were meant to increase Indian ownership of companies, and to encourage people to start their own company (spread the market need over multiple companies to create more upper-middle class citizens. Instead, the laws ensured ultra-efficient, ultra innovative companies could only spread their wings so far and fly only so high.)

      No, no, the last thing our bros in Detroit need is LESS foreign competition, which is what will happen if we give rebates for buying American.

    18. Re:WSJ says by Radical+Moderate · · Score: 1

      That's pretty good, but I have to go with the one that called people making less than $14,000 a year "lucky ducks" because they didn't have to pay taxes. Guess I should ask for a pay cut so I can make those WSJ writers envious.

      --
      Never let a lack of data get in the way of a good rant.
    19. Re:WSJ says by fm6 · · Score: 1

      Your example just lacks social awareness. ("How hard can it be to get by on $14K a year?") Mine defies logic.

    20. Re:WSJ says by jackspenn · · Score: 1

      If I was advocating the big 3, I would have said US auto makers, I intentionally said "cars made in America".

      --
      Respect the Constitution
  6. I used to read the WSJ by BadAnalogyGuy · · Score: 1, Offtopic

    There was a time when the WSJ really spoke to me as a conservative Republican. I suppose it was because during my formative years in college, during the Clinton presidency, that I was trying to find recognition and validation for my smaller-government/more-freedom beliefs that I gravitated towards the high quality journalism of the WSJ. Sure, I dabbled a bit with the NYT, and I even once read USA Today, but these were only in experimentation. I never liked them and I certainly wouldn't read them again. I'm not a liberal, if that's what you're trying to insinuate.

    Sure, I sometimes check the box for the Presidential campaign contribution on my taxes. And I suppose that government support for the Arts is a good and necessary thing. And yes, even I can agree that unions are a necessary organ of today's manufacturing system. But just because I sometimes hold these views doesn't mean that I'm any less conservative or somehow more liberal for it.

    I have plenty of liberal friends, and I'm still not attracted to the ideology at all. Maybe I will occasionally join them on weekend camping trips in the woods and drum out my inner man-boy on bongos. And maybe I'll ride to work with them on my bike instead of driving my Prius. And so what if I take a couple days off to protest the cutting down of yet another plot of Redwoods? These are important things to me.

    But I'm no liberal.

    1. Re:I used to read the WSJ by Shakrai · · Score: 1

      I have plenty of liberal friends, and I'm still not attracted to the ideology at all

      It's a sad reflection on the political discourse of the modern world that Americans actually have to state that we have friends who hold differing political views.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    2. Re:I used to read the WSJ by BunnyClaws · · Score: 3, Insightful

      In other words, the liberal or conservative stance in American politics is a false dichotomy.

      --
      "Anything tastes good if you deep fry it."
    3. Re:I used to read the WSJ by TheRealMindChild · · Score: 1

      Riddle me this... WHY WOULD YOU WANT to be "conservative"? Why would you be resistant to change? Why would you choose not to be open-minded to the fact that your way may not be the best? I truly don't understand... unless of course you are using "Conservative" as a synonym to "I like things the way they are" and "Liberals" as a synonym for "We want to stir EVERYTHING up... even if it doesn't make sense". Then, of course, this is akin to a PHB throwing out buzzwords.

      --

      "When life gives you lemons, don't make lemonade. Make life take the lemons back!" -- Cave Johnson
    4. Re:I used to read the WSJ by Moryath · · Score: 1, Insightful

      Oddly enough, most so-called "conservatives" today are actually from what, classically, is the center of the political spectrum. It just doesn't look that way because so much of the major media outlets are hard-core lefties claiming that they are the "center."

      Let's take a few examples:

      - Health care. The "right wing" position would be hands-off government and competition between services. The "left wing" position is socialized medicine. The "center" would have a balance, with people going out of their own pocket for minor things and shopping for insurance for the major, and government assists for those who truly were unable to pay. Unfortunately, we effectively today almost have "socialized medicine" - when's the last time you had a choice of your HMO/insurance instead of having whatever your workplace provided? When's the last time you realized that yes, there are independent clinics out there that are actually cheaper (for the little stuff) than your copayment, except that for anything major you have to go see your bullshit "primary care provider" for a referral or the insurance company will dick you over?

      - Immigration. The "right wing" position would be isolationism. The "left wing" position would be unfettered open borders. The "center" should be responsible, controlled, legal immigration so that we bring in people on (a) a sustainable level and (b) fill in spots in the economy where we need workers. Unfortunately, the left-wing open borders crowd insists that the responsible center are actually a bunch of "right-wing haters" when we say that hey, maybe we should know who's coming in to the country.

      - Social services. The "right wing" position would be to do away with them altogether. The "left wing" position would be to stick everyone on them. In the center, we would try to provide the ones that are really needed, while getting rid of (or tightening down on) those that are either (a) being abused, (b) counterproductive, or (c) just plain unnecessary. Yet the moment you even try to have this debate, the left wing types call you a "hater."

      I'm a proud member of the center. Where do you fall, honestly?

    5. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      I caught the joke. It's amusing others apparently missed it.

    6. Re:I used to read the WSJ by halivar · · Score: 1

      "Conservative" != "I like things the way they are"

      Conservatives (not neo-con's) say "Let's look at what has worked before, and try that." Note that I am not claiming that such philosophy is always correct. But I do think folks should understand philosophies before they disagree with them.

      Why would you choose not to be open-minded to the fact that your way may not be the best?

      Are you saying that liberals do not necessarily believe that their way may be best? Because I don't think that's the case. The current congress, for instance, is quite strident in their belief that the bailout is a great idea, and will not countenance the possibility that they are doing great irreparable harm, as has been suggested by many economists. They also do so despite the fact that a majority of Americans are against it.

    7. Re:I used to read the WSJ by plague3106 · · Score: 1

      Because change for teh sake of change is stupid, unnecessary, and potentiallly dangerous?

    8. Re:I used to read the WSJ by gfxguy · · Score: 2, Insightful

      First of all, as others have pointed out, "liberal" and "conservative" are false dichotomies, most people are somewhere in the middle.

      Second, "classic liberalism" is now libertarianism; neo-liberalism is not "liberal" at all.

      While "neo-conservatives" may include religious fundamentalists, many modern conservatives are very much more liberal by definition than most people calling themselves "liberal" in the nomenclature of U.S. politics.

      Lastly, there's different matters on which to be conservative and liberal, the most common (if overreaching) ones are socially and fiscally. I'm a libertarian, generally conservative based on the common nomenclature, I'm socially liberal (you can do whatever you want as long as you don't violate the rights of others) and fiscally conservative (which grants much more freedom to people and businesses to use their own money as they see fit). Both positions are actually "liberal."

      --
      Stupid sexy Flanders.
    9. Re:I used to read the WSJ by lyz · · Score: 1

      Riddle me this... WHY WOULD YOU WANT to be "conservative"? Why would you be resistant to change? Why would you choose not to be open-minded to the fact that your way may not be the best?

      Because change doesn't always mean you are changing to something better. Especially when the reasons for the change are suspect and often hidden from the public.

    10. Re:I used to read the WSJ by nasch · · Score: 1

      I don't have mod points so I'll reply instead. Funny stuff!

    11. Re:I used to read the WSJ by cptnapalm · · Score: 0

      Er, I've never met an open minded liberal... Thus far in my 36 years, I've only met the "we are morally supreme, utterly rational beings of wonder, all who oppose us are stupid and evil!" variety.

    12. Re:I used to read the WSJ by tripdizzle · · Score: 1

      Correct, in the US today, conservatism has become classical liberalism (strong on free markets, Laissez-Faire, individual responsibility) and liberalism has become pretty much just social liberalism, which as I understand, is heavy on regulation of the economy and a state-provided welfare system (per wiki, Consider the accumulation of wealth by a small group as a threat to liberty).

      --
      "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
    13. Re:I used to read the WSJ by nyet · · Score: 1

      You are saying you've only met "conservatives"?

    14. Re:I used to read the WSJ by CrimsonAvenger · · Score: 1

      Riddle me this... WHY WOULD YOU WANT to be "conservative"? Why would you be resistant to change? Why would you choose not to be open-minded to the fact that your way may not be the best?

      This presupposes that "liberals" are open-minded to the fact that theur way may not be the best. An intriguing idea, but not supported by history.

      Fact is, BOTH sides are close-minded that way - neither believes that the other guy's position could POSSIBLY be better than his own.

      As to why people might be conservative. Let's see.

      Perhaps they believe that fixing something that isn't broken is a bad idea.

      Perhaps they're old and set in their ways. Perhaps they're YOUNG and set in their ways.

      Perhaps they've read enough history to know that change is not always for the best, even (especially) when the change is proposed for the best of reasons.

      Myself, I tend to fall in both first and last categories.

      Yes, I'm a rather odd engineer, since I don't believe that the best thing to do with a machine that works is to tinker with it till it doesn't work anymore (replace "machine" with "social institution", and the sentence is just as valid, mind you).

      I also know enough about history to know that change isn't always for the better. Examples abound, but two obvious ones are the Democratic reforms in Germany and Russia circa 1917-1919. Both got rid of monarchs, both were done with the best of intentions, both left us with some of the nastiest tyrannies in world history to deal with....

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
    15. Re:I used to read the WSJ by Chris+Tucker · · Score: 2, Interesting

      "The West Wing" said it best:

      "Liberals got women the right to vote. Liberals got African-Americans the right to vote. Liberals created Social Security and lifted millions of elderly people out of poverty. Liberals ended segregation. Liberals passed the Civil Rights Act, the Voting Rights Act. Liberals created Medicare. Liberals passed the Clean Air Act, the Clean Water Act. What did Conservatives do? They opposed them on every one of those things, every one. So when you try to hurl that label at my feet, 'Liberal,' as if it were something to be ashamed of, something dirty, something to run away from, it won't work, Senator, because I will pick up that label and I will wear it as a badge of honor."

      --
      Guaranteed! This comment 100% Anthrax free!
    16. Re:I used to read the WSJ by DeadChobi · · Score: 1

      Holy crap, I wish I had mod points. This is a joke, and especially a jab at all the people who use the term "Liberal" and "Conservative" to describe other's viewpoints in a discussion. I HATE being labeled like that. "Oh, you like the idea of reducing government spending and taxation, and reduced government, so that means you're a conservative!" People that make statements like that live in a two-tone world and wonder why nothing separates along the lines they've drawn.

      PS, want to play the bongos with me sometime? I would like to ride my bike out into the wilderness with you and your man-boy friends and make some noise.

      --
      SRSLY.
    17. Re:I used to read the WSJ by Jah-Wren+Ryel · · Score: 1

      Immigration. The "right wing" position would be isolationism. The "left wing" position would be unfettered open borders.

      You are so sure of that?

      I say you have that exactly backwards. The "left wing" would be isolationist because that protects the jobs of the working classes and the "right wing" would be open borders because that embodies the most free market for labor.

      --
      When information is power, privacy is freedom.
    18. Re:I used to read the WSJ by tnk1 · · Score: 1

      I don't view Conservatism as "wanting stuff to stay the same", I view it as "change in and of itself is not a very good goal."

      Change doesn't necessarily make things better. In fact, if you ask some people, all it has done is make things worse. That's not my view point. I think you need to have a goal, look at the options, and then you need to carefully execute them over time.

      There are people out there who state that we should have this or that and we need to have it NOW. There needs to be a law or an appropriation to fix whatever is wrong. I'm not going to argue that we do need updated laws and we do need to spend tax money on things, we certainly do. However, it seems to me that instead of a concerted effort to fix systems that have problems, but function fairly well, many "liberals" want to simply change the way everything works because a small number of short to mid-term data points make them unhappy.

      There are people out there who are like, "look at the economy! Its all the fault of letting these Wall Street companies go unregulated!!" That is certainly true in the short-term. Freeing the financial industry from regulation allowed it to go ape-shit and tank. Fair enough. But now the financial industry is doing what it would need to do: tank and then learn its lesson.

      Unfortunately, it won't get the chance because we're not going to let them tank, we're going to bail them out and probably regulate the shit of them again. A decade from now, we'll be right back where we started in the 80's, feeling safe but stagnating.

      You don't spend a generation regulating industries and then expect them to simply stand up and start making scads of money once the regulation is off. I don't think any one in their right mind would have suggested that freeing these companies of regulation would make them instantly better. Instead, it provided the opportunities needed for those companies to become much more successful. The problem is that it gave them more room to hang themselves. That's unfortunately necessary too. You can't be a mature person or industry unless you have the power that also allows you to make bigger mistakes.

      To me, something like "deregulation" or "broadband incentives" are options that have their own benefits and drawbacks. As a conservative, my view point is that any of these tools needs to be viewed in terms of their long-term potential, not what fixes the latest itch. If you want to give 10 billion to help broadband, you have to understand why broadband needs help in the first place. If you want to spend 700 billion dollars on financial institutions and the auto industry, you need to know how and where to spend that money.

      As a conservative, let me be clear, I *don't* like things the way they are. I want change, but I want any change that is made to at least have a demonstrable chance to make things *better* than they are now, and not worse. What I *do* want, is for people to actually take their time and come up with lasting, well-engineered solutions that offer a reasonable trade-off between short-term needs and long-term growth. What I feel characterizes "liberalism" and even "moderation" is a process that has been geared towards knee-jerk solutions and indifference respectively.

    19. Re:I used to read the WSJ by Chandon+Seldon · · Score: 3, Interesting

      The terms "left", "right", "liberal", "conservative", and the derived term "centrist" mostly just serve to confuse any attempt at useful political discussion. These terms lump all of politics into two piles of mostly unrelated positions on mostly irrelevant topics.

      In the United States, the absolute biggest political issue at the federal level should be the reduction of military expenditures. We've been spending a third of our tax revenue bombing civilians and maintaining major bases in many different foreign countries. We've never been able to afford this foolishness, and we certainly can't afford it now.

      But "left" and "right" doesn't help on that at all. The mainstream "left" and "right" both consistently raise our military spending. The "far left" and "far right" completely agree: this military spending needs to be cut.

      Isn't it suspect that in our mainstream political discussion there isn't even a single *term* for a group that wants to reduce our military back down to a reasonable size? It's the "extremist crazies" who want that, called by the same terms as "skinheads" and "hippie terrorist sympathizers".

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    20. Re:I used to read the WSJ by cptnapalm · · Score: 1

      If by "conservatives" you mean liberals, radicals, Marxists, Trotskyites and socialists.

    21. Re:I used to read the WSJ by Chandon+Seldon · · Score: 1

      Then, of course, this is akin to a PHB throwing out buzzwords.

      That's all it is anyway. "Conservative" and "liberal" have more emotional meaning than information content. They're teams, like baseball teams, and they act primarily to make you dismiss good ideas half the time - because "the other team" suggested them, and usually did so using "other team" propaganda phrasing that you emotionally reject.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    22. Re:I used to read the WSJ by dragonjujotu · · Score: 1

      i fall a little further to the right than you on health and social services, but i agree with you on immigration

      --
      Yes, I am obsessed with ellipses.
    23. Re:I used to read the WSJ by shma · · Score: 5, Insightful

      Oddly enough, most so-called "conservatives" today are actually from what, classically, is the center of the political spectrum. It just doesn't look that way because so much of the major media outlets are hard-core lefties claiming that they are the "center."

      Actually, both American political parties are what most of the rest of the world would call right wing parties. Just a few examples: neither party argues against unfettered capitalism (although you're starting to hear some from the public after the events of the last six months), neither party argues against massive military spending, neither party argues for gay marriage, and neither party argues for more liberal drug laws.

      You may honestly believe that the country is in the hands of left wing lunatics, but let me assure you that, by international standards, neither the Democrats nor the Republicans are left wing.

      --
      I came here for a good argument
    24. Re:I used to read the WSJ by Shakrai · · Score: 1

      I'm a proud member of the center. Where do you fall, honestly?

      On economics issues? Mostly in the center. I believe in the free market and think that Government generally does a piss poor job of trying to manage things -- but some regulation is usually called for. The difference between most liberals and myself is that I've been involved in running a business and I can recognize that all regulation imposes a higher cost of doing business. Thus I only support regulation when the net benefit to society is greater than the economic impact of the regulation. As a random example I'm sure that Jiffy Lube could provide cheaper oil changes if they were allowed to dump the used oil in the river -- but few people would advocate that as being a good solution.

      On civil liberties I'm a staunch civil libertarian. I believe in all aspects of the Bill of Rights and this places me at odds with both political parties. Democrats on guns and Republicans on wiretapping.

      On foreign policy I'm more of a mixed bag. I toy with the idea of wanting to see the United States return to our non-interventionist/non-aligned roots (notice how nobody is flying airplanes into Swiss buildings) but I question if such a thing is feasible in the modern world.

      Ever heard of the political compass? It's a as good of an indication of where you lie on the political map as any other. I score a +1.38 on economics and -2.82 on social. I used to score around a -6/-5 before I became a recovering liberal ;)

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    25. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      You don't know what you're talking about, in the rest of the world(western-civilized world) what passes as the "left" in the US would be center if not center-right.

      The 'balance' between left and right on health care is not people pay for small things and pay for insurance, thats just plain right with a different system in place. Something that might be more central is you pay for socialized medicine but you can shop around for different doctors/facilities and pay more if you want for extras beyond basic treatment.

      Didn't even read the rest of your nonsense.

    26. Re:I used to read the WSJ by feandil · · Score: 1

      well, you definitely have a American view of left and right. as far as I am concerned what you call right wing I call corporate fascism, i.e. extreme right, what you call center I call right wing. I fall in the center, in my view, so I guess I am a socialist as far as an american is concerned.

    27. Re:I used to read the WSJ by NeutronCowboy · · Score: 1

      In other words, you're taking two arbitrary positions and proclaiming the arithmetic middle to be the "right" position. Sorry, life ain't that simple.

      If you want an answer to your question, I'm a proud member of the do-the-right-thing-at-the-right-time party. I'd argue that anything else is mistaking classification for problem-solving.

      --
      Those who can, do. Those who can't, sue.
    28. Re:I used to read the WSJ by R2.0 · · Score: 1

      Replace "defense spending" with "mandatory spending" (SS, Medicare, etc) and up the number to over 50%, and you'd have a better argument.

      --
      "As God is my witness, I thought turkeys could fly." A. Carlson
    29. Re:I used to read the WSJ by IchNiSan · · Score: 0, Flamebait

      Oddly enough, most so-called "conservatives" today are actually ignorant jackasses from East Bumfuck or Hicksville.

      There, fixed that for ya!

      It really is too bad that real conservatives let them get away with calling themselves conservatives.

    30. Re:I used to read the WSJ by Starcom8826 · · Score: 4, Interesting

      This would be only if you consider the rest of the world as consisting of only of Western Europe and Canada. Once you REALLY take in the rest of the world with people who are generally more conservative (Middle East, East Asia, etc.) it becomes apparently that America really is pretty centered relative to "the rest of the world."

    31. Re:I used to read the WSJ by bluie- · · Score: 1

      I agree. Labels only serve as tools of judgment for idiots. "Left" and "Right" don't even have definite meaning. They are just terms that different people apply different meanings to. People who self-identify with one of those labels probably have vastly different ideas of what they stand for than those who don't. Even within those groups there are varying beliefs.

      I wish the media would stop using those terms and focus on people and people's ideas. Of course then the ignorant masses wouldn't know who to vote for, because they'd actually have to pay attention to what someone stands for rather than what political party they fall into.

      --
      life is a tragedy to those who feel, and a comedy to those who think
    32. Re:I used to read the WSJ by IchNiSan · · Score: 1

      Yes but doing the same thing over and over again and expecting different results is insanity!

    33. Re:I used to read the WSJ by Fallingcow · · Score: 1

      Conservatives (not neo-con's) say "Let's look at what has worked before, and try that."

      I must say, I've seen little evidence of this. Don't get me wrong, it's not like the democrats are the shining beacon of reason or anything, but ever since Reagan it looks to me like the bulk of the conservative movement has decided that looking at what actually works and thinking about problems is way too hard when you can just pick an ideological position and stick to it, no matter how large the mountain of evidence against you is. See: health care.

    34. Re:I used to read the WSJ by redxxx · · Score: 1

      That's pretty sad. I've met a lot of intelligent and articulate conservatives. I've managed to covert more than a few of them on particular issues, and the Republican Party has managed to drive plenty of people over to our side. At least those ones are demonstrably open minded.

      You haven't met one? Your own bias may have a bit to do with that. Folks don't respond well to being insulted and they can pick up on prejudice in other people.

      Well, it's kinda nice, you know, open minded liberals don't exist. That's a solid base. Conservative can be convinced to switch sides, and once they become liberals they can be counted on not to change back.

      Your ideology seems to be doomed. I'm a little worried about what a lack of debate will do to our legislature, but all that progress will be nice if they don't destroy the country.

    35. Re:I used to read the WSJ by JesseMcDonald · · Score: 1

      Before answering that question, it should be noted that "left" and "right" do not form the sole variable in the political continuum. At the very least you also have the authoritarian/libertarian axis to consider.

      Really, though, where you place yourself in the continuum is less important, in my opinion, than why. People need to understand the reasons behind their choices in order to accomplish anything good, regardless of their political leanings. The "center" can be a principled and consistent stand, but more often it's simply the result of indecisiveness and confusion.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    36. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      Really? Which rest of the world are you referring too? Australia where they will censor everything on the net? The middle East where women can get stoned for showing their calf? Singapore where its illegal to chew gum? I'm guessing you mean Europe.

      The problem with American Left-wingers is they wish they lived in Europe where drug and prostitution laws are largely not enforced. And completely ignore that the European socialist policies have resulted in their own stagnant, and now faltering economy.

      I can assure YOU that our parties are fighting for the center and at the same time trying to appease their extreme bases. If the Pelosi's had their way though, well... we should just join the EU and get it over with.

    37. Re:I used to read the WSJ by halivar · · Score: 1

      I admit that that's what it looks like. In fact, what is really happening is that conservatives tend to believe that any discussion of serious import is worth taking a looonnng time to discuss. In the current debate, progressives say "we don't understand the situation, but WE MUST ACT!!!!" Conservatives say "we don't understand the situation, so let's watch it for a bit before we go interfering." It's not a question of status quo, but rather not jumping into things.

      Note that I am not claiming that the previous congress and president were conservative, at all. The "chicken little" knee-jerk attitude they had runs totally counter to conservatism. Heck, as far as I'm concerned, Obama is turning into a 3rd term for GWB. I can't seen anything but stylistic differences.

    38. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      You really believe that? Got some news for you, you should research those statements a bit, and you should learn the difference between a classic and modern liberal.

    39. Re:I used to read the WSJ by scot4875 · · Score: 2, Insightful

      Perhaps it's because you come into a discussion assuming that anyone that's a "liberal" is evil and hates Amer'ka and wants the terrorists to win, thus immediately putting them on the defensive if a political topic comes up?

      I have lots of friends from all over the political spectrum, and we're all able to have rational, respectful debates about what we think is right. Maybe you and/or the people you spend time with just aren't capable of rational debate and instead rely on ad hominem attacks?

      --Jeremy

      --
      Jesus was a liberal
    40. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      Just a few examples: neither party argues against unfettered capitalism...

      Neither party believes or advocates capitalism fettered or unfettered. As such, there is no point in arguing against it. Sidenote: you clearly have no idea what capitalism is. The US is not an example of capitalism. Trying reading more.

    41. Re:I used to read the WSJ by Fallingcow · · Score: 1

      I admit that that's what it looks like. In fact, what is really happening is that conservatives tend to believe that any discussion of serious import is worth taking a looonnng time to discuss. In the current debate, progressives say "we don't understand the situation, but WE MUST ACT!!!!" Conservatives say "we don't understand the situation, so let's watch it for a bit before we go interfering." It's not a question of status quo, but rather not jumping into things.

      I think that the only people with any claim whatsoever to the "conservative" mantle in Congress (Republicans) are going to have a really hard time selling that image of themselves. While I don't doubt that a large number of people also calling themselves conservatives oppose this for the reasons you mention, the people that the major "conservative" party elected have been screaming "OMG it's an emergency act NOW!" over so much stuff (and getting their way, unfortunately) for so long that whining about it now makes them look like hypocrites.

      Mind you, I'm not calling you a hypocrite; I don't want that to be misunderstood. I'm just saying that the "conservative" half of congress has no credible claim to your philosophy, which is a sad state of affairs IMO. A cautious but honest and rational party would be awesome.

      OTOH, I'd love to see a response to Obama's press conference from Congressional Republicans, held in much the same style. I thought that the press conference was superb, and I'd love to see more of that from both sides--little question-dodging (the only really bad one I saw was where the Hearst lady asked him whether he knew of any Middle Eastern countries that had nukes, clearly meaning to get him confirm that Israel has them) and long, complete, well-qualified answers. No sugar-coating things that are obviously big piles of shit, which means that some time later when he says something's going well people might actually believe him. I want more of that, and I want it from Republicans, too.

      Couple that with some actual reporting from the newspapers and cable news networks (yeah, I should probably just ask for a unicorn that farts rainbows along with that second one) including, most importantly, some analysis of the situation by actual economists, and we might have a real, meaningful national discourse in the works.

      Could be cool, provided the dumb-ass media doesn't turn it in to "well, this economist says this and this one says this, we're not going to tell you why, tell you how many other economists agree with each, do any historical analysis of our own, or any of that crap that costs money though--anyway, that might look too biased *GASP*!" which, of course, they will :(

      Heck, as far as I'm concerned, Obama is turning into a 3rd term for GWB. I can't seen anything but stylistic differences.

      Hell, if nothing else it's nice to have a president who doesn't make me sad for my country when I hear him speak in public, regardless of topic and whether or not I agree with him. :)

      I like most of what I've seen from Obama so far, but I'm withholding judgement. His moves toward transparency are definitely welcome, and so far seem to be genuine. Hopefully I'll never get that same acute, "oh god, we are so fucked" feeling like I did some time between when Bush proposed his "Total Information Awareness" program (with none other than John Poindexter at its head--WTF?) and when he started talking up a war with Iraq.

      Now that I think about it, I'm not sure how long it'll be before I can form any kind of meaningful opinion on Obama. Years, maybe. My bar for satisfactory presidential performance is so low at this point that he could suck pretty hard and I'd not have the perspective to see it. Anything in between "horrible failure" and "100% success" may just appear to me as one big mass of "pretty good", no matter which side of the spectrum it's truly closer to.

    42. Re:I used to read the WSJ by Lorien_the_first_one · · Score: 1

      I'm right about here:

      http://www.conservativenannystate.org/cns.html

      And here:

      http://thelibertychannel.blogspot.com/

      It's time to reframe the debate over economic policy.

      --
      The diversity and expression of human opinion is essential to human survival.
    43. Re:I used to read the WSJ by halivar · · Score: 1

      I think that the only people with any claim whatsoever to the "conservative" mantle in Congress (Republicans) are going to have a really hard time selling that image of themselves. While I don't doubt that a large number of people also calling themselves conservatives oppose this for the reasons you mention, the people that the major "conservative" party elected have been screaming "OMG it's an emergency act NOW!" over so much stuff (and getting their way, unfortunately) for so long that whining about it now makes them look like hypocrites.

      Mind you, I'm not calling you a hypocrite; I don't want that to be misunderstood. I'm just saying that the "conservative" half of congress has no credible claim to your philosophy, which is a sad state of affairs IMO. A cautious but honest and rational party would be awesome.

      I agree wholeheartedly.

      The current batch of neo-conservatives (who are neither "new", nor "conservative") have rotted the GOP to the core. I have high hopes, however, that 4 years in super-minority status will force them to pull their shit together and take out the trash.*

      *"Trash" being any Republican senator or congressman who has spent more than 4 years in congress. Term-limits was the first "take back" from the Republican revolution of '94 that got me worrying.

    44. Re:I used to read the WSJ by Fallingcow · · Score: 1

      Term-limits was the first "take back" from the Republican revolution of '94 that got me worrying.

      But however could they possibly implement their sweeping changes if they had to leave in 4 years? Sure, kick that other guy out, but me, I need more time to do the right thing!

      *eyeroll*

    45. Re:I used to read the WSJ by Chandon+Seldon · · Score: 1

      Medicare and social security actually do something. Social security even has it's own tax category to do it with. Calling military spending "defense spending" is a joke. Our international military deployments certainly aren't *helping* our national defense.

      Now I'm not saying that I'm *for* social security or medicare, but at least there's a debate to be had on that topic. The same really can't be said for the military issue. Do you seriously think that the Air Force needs a permanent presence in Bulgaria, Equador, Germany, Greece, Greenland, Italy, Japan, South Korea, Kyrgyzstan, the Netherlands, Portugal, Spain, Turkey, and the United Kingdom?

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    46. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      Most of the non-USA world don't have protection of political speech, so you really have NO IDEA what they consider too far left or right. And in many cases they probably haven't put any effort into developing an opinion since there's very little benefit if you can't vote that opinion.

      For example, since you mentioned gay marriage. I can tell you that I'm personally against it b/c it's immoral and medically destructive. Some one in Iran on the other hand is never going to tell you what they think if that opinion could get their head lopped off by the local enforcers.

      So yeah, excuse me for not believing that every resident of a banana republic who praises his government in front of the foreign news services (because his family gets tortured if he says anything against the "ONE TRUE WAY") actually likes socialism.

    47. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      For example, since you mentioned gay marriage. I can tell you that I'm personally against it b/c it's immoral and medically destructive. Some one in Iran on the other hand is never going to tell you what they think if that opinion could get their head lopped off by the local enforcers.

      Marriage is a legal status. It is by definition not "medically destructive". Anything that you might imagine is medically destructive is not outlawed by marriage bans. But I get your point. Authorities in Iran apparently find free speech immoral and medically destructive.

      So yeah, excuse me for not believing that every resident of a banana republic who praises his government in front of the foreign news services (because his family gets tortured if he says anything against the "ONE TRUE WAY") actually likes socialism.

      That's actually an argument against your point. The countries that stifle dissent tend to be conservative (e.g. Iran), so you might assume that the people are a bit to the left of what they claim to be. In any case, the GP probably meant to say "Europe" instead of "the rest of the world".

    48. Re:I used to read the WSJ by cptnapalm · · Score: 1

      For an illustration of my point, please see your own post.

    49. Re:I used to read the WSJ by cptnapalm · · Score: 1

      "Your own bias may have a bit to do with that. Folks don't respond well to being insulted"

      *sigh*

    50. Re:I used to read the WSJ by Anonymous Coward · · Score: 0

      You don't know what you're talking about, in the rest of the world(western-civilized world) what passes as the "left" in the US would be center if not center-right.

      World != western civilized world.

      Also, he said "classically", so nothing you're saying is even relevant.

  7. Re:Big Surprise by Shakrai · · Score: 4, Insightful

    They don't think government can help with anything.

    Do you think the government issuing franchises that creates monopolies backed by the power of the state has helped?

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  8. USDA .. i think not! by Kryptic+Knight · · Score: 2, Funny

    Ha ! I laugh outrageously at your assertion that the USDA would be rolling out Grade A broadband. ...

    Everyone knows its the USCG (Coastguard) who have responsibility for broadband delivery!

    --
    --- This meme is memory intensive
  9. We need broadband regulation! by agrestic · · Score: 1

    This is nothing a Broadband Czar couldn't fix. Who needs competition anyway? :-) Many federal politicians have already _proven_ the fallacy of believing a capitalist market can sustain itself, ergo Tarp v0.1.

    1. Re:We need broadband regulation! by sumdumass · · Score: 1

      If your calling Tarp v0.1 proof of your ideals that capitalism is a fallacy, then you need to wake up from your dreams. It was/is neither and the failure resulted from abuse instituted by the government, not capitalism.

      You would do yourself a little good to find out some of the fact about what your talking about. Also, if I was you, I would stay away from political biased sources who's end game is going to be having you clueless and blindly supporting their ideals.

    2. Re:We need broadband regulation! by plague3106 · · Score: 2, Interesting

      You mean the government which was deregulating banking since George I, allowing "investors" to buy up subprime mortgages given to people that really couldn't afformd them? And then the ponzi scheme collapsed?

      It was a failure of captialize; let it run wild, and this is what we reap.

      Of course the real solution to the mortgage problem would be 1) tell the investors "tough shit, you made a bad investment, you lose your shirt" and 2) tell the homeowners "you lucked out; you own your home free and clear."

    3. Re:We need broadband regulation! by sumdumass · · Score: 1

      You mean the government which was deregulating banking since George I, allowing "investors" to buy up subprime mortgages given to people that really couldn't afformd them? And then the ponzi scheme collapsed?

      Yea, the same government that since before George 1 forced banks to take out risky loans (through the CRA and other tactics) and during Clinton ended up increasing the required amounts of risk loans for every good loan. It is the same government who did this in an attempt to drive up home values so certain members and their contributors could profit from artificially inflated prices and the use of other people's money. There is more, but I'm sure you already know that right. It's the same government that under Clinton put the US back on the world oil markets leading to the speculation runs that doubled the costs of gas and energy after 2006 coincidentally when the democrats took congress, that stressed all that risk and caused it to fail becoming "toxic".

      It was a failure of captialize; let it run wild, and this is what we reap.

      If I put dynamite inside a hole in a dam, then detonate it causing the dam to breach, is it really a flaw in the dam that failed? If a drunk got behind the wheel of a car and lost control of it on a seemingly dry and safe night but ended up killing a family of five, did the car's safety system's fail or was it something else? If your walking down the street and pass through a road closed baracade, walk past warnings that say dangerous open holes ahead, and then fall into one, is it the failure of government for not providing you with a safe public street?

      In all of those, the failures rest outside the system. It's no different with capitalism and this current problem. The failures were outside the system and not with the system itself. I know this is dificult for people like you to understand so I will repeat what I told the OP, You would do yourself a little good to find out some of the fact about what your talking about. Also, if I was you, I would stay away from political biased sources who's end game is going to be having you clueless and blindly supporting their ideals.

      Of course the real solution to the mortgage problem would be 1) tell the investors "tough shit, you made a bad investment, you lose your shirt" and 2) tell the homeowners "you lucked out; you own your home free and clear."

      I'm not against doing that but they would at minimum have to pay the principle amount borrowed. I'm not for taking from one to give to another. But I can see where dropping the interest on the failed mortgages in order to repay the original lending amount would be a benefit. The reason the government is so interested in bailing these lending institutions out is because they are complicit in their demise.

    4. Re:We need broadband regulation! by furby076 · · Score: 1

      Actually open and free markets, as far as the telcos/cable companies go, is something we do NOT have. It's regulated by local laws, and politicians often have their wallets padded to prevent competition. Until recently, in Philadelphia, you could only have c omcast, dialup, satellite, or dsl. You could not have FIOS. Why? Because comcast wanted it that way. It bribed politicians and built a brand new (tallest) building in the city. About two weeks ago the councilman (due to mayor nutter) voted to ALLOW verizon to lay fios. So much for free markets.

      All the fed needs to do is pass a clean bill (ha) that allows free markets for broadband access, and prevent companies from violating net neutrality. Won't happen.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    5. Re:We need broadband regulation! by Hordeking · · Score: 1

      This is nothing a Broadband Czar couldn't fix. Who needs competition anyway? :-) Many federal politicians have already _proven_ the fallacy of believing a capitalist market can sustain itself, ergo Tarp v0.1.

      Actually, they proved that with the New Deal. Ergo, what you call Tarp v0.1 is actually New.Deal v2.0, and the upcoming one is New.Deal v3.0 (with builtin TVA)

      --
      Disclaimer: The opinions and actions of the US Gov't are in no way representative of those held by this author or its ci
    6. Re:We need broadband regulation! by Shakrai · · Score: 1

      2) tell the homeowners "you lucked out; you own your home free and clear."

      Fuck that shit. I have no goddamn sympathy for people who bought more home than they could afford. This notion that the rest of us have to bail them out is infuriating. If I had known the Government was going to bail out bad mortgages I would have stopped paying mine months ago.

      1) tell the investors "tough shit, you made a bad investment, you lose your shirt"

      I'd be ok with that.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    7. Re:We need broadband regulation! by Hordeking · · Score: 1

      Actually, they proved that with the New Deal. Ergo, what you call Tarp v0.1 is actually New.Deal v2.0, and the upcoming one is New.Deal v3.0 (with builtin TVA)

      Minor correction: Federal politicians have already prover that they can't handle economic issues in a sane way that benefits anyone besides themselves.

      --
      Disclaimer: The opinions and actions of the US Gov't are in no way representative of those held by this author or its ci
    8. Re:We need broadband regulation! by plague3106 · · Score: 1

      Yea, the same government that since before George 1 forced banks to take out risky loans (through the CRA and other tactics) and during Clinton ended up increasing the required amounts of risk loans for every good loan. It is the same government who did this in an attempt to drive up home values so certain members and their contributors could profit from artificially inflated prices and the use of other people's money. There is more, but I'm sure you already know that right. It's the same government that under Clinton put the US back on the world oil markets leading to the speculation runs that doubled the costs of gas and energy after 2006 coincidentally when the democrats took congress, that stressed all that risk and caused it to fail becoming "toxic".

      You're spouting a myth. No bank was forced to make risky loans. Banks always have the option of saying no if they felt the applicant was too much of a risk. They had to prove that was the case, and that the decision wasn't race based if they were audited, but they could say no.

      If I put dynamite inside a hole in a dam, then detonate it causing the dam to breach, is it really a flaw in the dam that failed? If a drunk got behind the wheel of a car and lost control of it on a seemingly dry and safe night but ended up killing a family of five, did the car's safety system's fail or was it something else? If your walking down the street and pass through a road closed baracade, walk past warnings that say dangerous open holes ahead, and then fall into one, is it the failure of government for not providing you with a safe public street?

      I'm not going to argue strawmen when the facts are quite clear. I suggest you try doing some research before you spout off nonsense.

      In all of those, the failures rest outside the system. It's no different with capitalism and this current problem. The failures were outside the system and not with the system itself. I know this is dificult for people like you to understand so I will repeat what I told the OP, You would do yourself a little good to find out some of the fact about what your talking about. Also, if I was you, I would stay away from political biased sources who's end game is going to be having you clueless and blindly supporting their ideals.

      We've seen what capitalism will do if left alone. You get the lovely choice of starving to death or work and everyday risk your arm being torn off because safety costs too much. We also see what blind greed will do.. the investors didn't have any idea what they were really investing in. So ya, I say let them take the hit.

      I'm not against doing that but they would at minimum have to pay the principle amount borrowed. I'm not for taking from one to give to another. But I can see where dropping the interest on the failed mortgages in order to repay the original lending amount would be a benefit. The reason the government is so interested in bailing these lending institutions out is because they are complicit in their demise.

      Why? The investors didn't look into the house of cards they were investing into, so they deserve to get reamed up the ass. Some of the homeowners are just as guilty as well.. but the greatest good right now would be to forgive the loans. The investors learn a very hard but much needed lesson, and people aren't out in the street leaving houses sitting uninhabited with no one wanting to buy them.

      The government is trying to bail the banks out because they are in bed with Wall Street, and it benifits them individually to do so.

    9. Re:We need broadband regulation! by plague3106 · · Score: 1

      Fuck that shit. I have no goddamn sympathy for people who bought more home than they could afford. This notion that the rest of us have to bail them out is infuriating. If I had known the Government was going to bail out bad mortgages I would have stopped paying mine months ago.

      I see where you are coming from, but not all homeowners in trouble right now were guilty of overspending. There was quite a bit of preditory lending and vague language to mislead a good deal of them. Even for those that did exactly what you say, it's in everyone's best interest that people have a place to live. In my suggestion, only those that invested in these loans lose out. It doesn't cost us a cent, and it keeps us from having to pay more to expand shelters and feed people that now no longer have a home.

      Instead of being homeless, these people can now spend money because a large part of their debt is gone, and this will further help get the economy going.

    10. Re:We need broadband regulation! by sumdumass · · Score: 1

      You're spouting a myth. No bank was forced to make risky loans. Banks always have the option of saying no if they felt the applicant was too much of a risk. They had to prove that was the case, and that the decision wasn't race based if they were audited, but they could say no.

      Risky loans is a legal definition not something the bank thinks up at the time for a reason to deny giving someone a loan. The banks could have not made those loans but then they wouldn't have been able to make any home loans until their ratios were in line with government requirements. So if you think folding up shop and stop doing what make you money is a viable alternative, your full of it. That's like saying you don't need to drive ever so legalizing random searches of your car is justified, because otherwise, you could just walk.

      i>'m not going to argue strawmen when the facts are quite clear. I suggest you try doing some research before you spout off nonsense.

      Yes, the facts are quite clear, however your not going to argue your straw man because you know you have to ignore facts to make your statement resemble something that is true. Like I already said, Learn something about which you intend to speak about.

      Why? The investors didn't look into the house of cards they were investing into, so they deserve to get reamed up the ass. Some of the homeowners are just as guilty as well.. but the greatest good right now would be to forgive the loans. The investors learn a very hard but much needed lesson, and people aren't out in the street leaving houses sitting uninhabited with no one wanting to buy them.

      Because you don't give someone something for nothing. The person who purchased the house agreed to at least pay the purchasing costs. IF he doesn't, then they have taken that amount of money from someone else. I can see where the interest gets dismissed but not giving someone something for free, especially when they agreed in not only one instance, but two (buying the house and asking for a loan for it) that the property was worth what they paid for it.

      There is no reaming someone's ass by expecting them to pay for what they get. I'm not sure how you can come to that conclusion but from looking at the other shit you ignore, I have no doubt that you can justify it somehow. But judging from what else you have said, that justification will be ignoring the important facts and reality that is life so I'm sure it will be as worthless as your piss poor excuses so far.

      BTW, those people in the street would be paying rent somewhere, losing your house does not make you homeless, it makes you move to a home you can afford. There is no reason why that rent cannot be paying the principle on the loans they took out for the houses they wanted to purchase.

      The government is trying to bail the banks out because they are in bed with Wall Street, and it benifits them individually to do so.

      If by "in bed with wall street" you mean share the responsibility, you would be right because it is primarily their action that caused the mess. IF you mean "benefit" because they can use this as an excuse to cram shit onto the public that they wouldn't have otherwise accepted, then your right again. Look at the stimulus bill, there is so much shit buried in there that we wouldn't accept under any other conditions that it isn't funny. Some of it got pulled out, some of it was left in, some more will probably be added and none of it will do what the "designed purpose" claims it will do. Or at least most of it won't.

    11. Re:We need broadband regulation! by Shadow99_1 · · Score: 1

      "BTW, those people in the street would be paying rent somewhere, losing your house does not make you homeless, it makes you move to a home you can afford. There is no reason why that rent cannot be paying the principle on the loans they took out for the houses they wanted to purchase."

      That's actually not quite true... reneging on a significant loan like that can very well kill your credit rating & make it impossible to do anything requiring credit (including renting property).

      --
      we are all invisible unless we choose otherwise
    12. Re:We need broadband regulation! by sumdumass · · Score: 1

      That's actually not quite true... reneging on a significant loan like that can very well kill your credit rating & make it impossible to do anything requiring credit (including renting property).

      Every town, I mean, Every Town, no matter how big or how small it is will have areas with low income and poor credit people. HUD makes sure of that threw the denial of state and federal grant monies and so on. There will always be housing availible for the poor and even people with poor credit.

      Now those rentals might not be choice locations, they might not be properties up to your standards and so on, but they are somewhere around the town. Homelessness because of a foreclosure would be nothing but a temporary thing for 99% of people being foreclosed on. I think I'm giving that 99% a generous latitude towards your side of the argument too. I think the remaining 1% would be because of mental issues and a refusal to lower ones standards to live in a certain area.

      As mental issues go, they can be weird, When I was 16, my uncle would call me to drive him around anytime he needed to go somewhere. He had a lexus (I think) as a company car for almost 6 years before and when he lost his job (the car too), he would only ride in the back seat of any car, including his own Lincoln Park Avenue for about 2 years after. The theory he spouted was that he didn't want people to think he owned the cars so he wanted it to look like he was always being driven around. I suspect many home owners would be the same way or similar enough to make a bad situation worse but it doesn't mean they are homeless because they would probably set up home in a motel or something.

    13. Re:We need broadband regulation! by Shadow99_1 · · Score: 1

      Yes I know this is a late reply, hadn't noticed your comment until now...

      As an example in Columbus Ohio (when I lived there 9 years ago) they had salary caps on where you could live... Government assisted housing was available for ~$400/month and your credit didn't really matter... But you had to make under 15k/year single or 32k/year for a couple. The only option above this (& I did a years worth of apartment looking so I know exactly how it was) were bigger apartments going for $1200-1600/month and they required good credit (& you signed a lease contract rather than a pure rental contract). You also had other limits in there and restrictions, but that is the simplified version... I made 23k/year at the time (during college) & had to look at the more expensive places as I wasn't even allowed to look at other apartments as I made to much...

      I don't think you realize the big holes in the safety nets out there... I could own a 2 story good condition house where I live now for ~1000-1100/month... If I could afford that... I had to have a roommate in Columbus just to pay that bill... & when my roommate forfeited the lease I got a credit black eye for it (& lost the apartment)... I in fact had to move back in with my parents @ 21 years of age or I would very much have been homeless....

      --
      we are all invisible unless we choose otherwise
    14. Re:We need broadband regulation! by sumdumass · · Score: 1

      Yes I know this is a late reply, hadn't noticed your comment until now...

      It happens. No bother to me.

      As an example in Columbus Ohio (when I lived there 9 years ago) they had salary caps on where you could live... Government assisted housing was available for ~$400/month and your credit didn't really matter... But you had to make under 15k/year single or 32k/year for a couple. The only option above this (& I did a years worth of apartment looking so I know exactly how it was) were bigger apartments going for $1200-1600/month and they required good credit (& you signed a lease contract rather than a pure rental contract). You also had other limits in there and restrictions, but that is the simplified version... I made 23k/year at the time (during college) & had to look at the more expensive places as I wasn't even allowed to look at other apartments as I made to much...

      Nine years ago, I was living in either Springfield Missouri or Kimberly Idaho, I spent about a year or so in both places after deciding California sucked too much. I was born and raised in Lancaster so if you were familiar with Columbus, you should know where I'm coming from.

      Anyways, the salary caps were/are only for HUD owned homes and rentals. Sometimes HUD only owns part of them and sometimes they own the entire lot. I spent about 2 years in Columbus before following a job to Denver then relocating in Calexico CA then up to Barstow CA for a couple of years. Anyways, I made pretty decent money at the time, 40k a year. I had the problem of looking in the wrong places too until I realized the HUD was screwing things up. All you have to do is look for apartments that say HUD ok, these are apartments not owned by HUD but are meet the requirements that they can accept HUD vouchers. They don't care what your income is as long as you can show a minimum amount. I rented an entire house on the south side of Columbus (pretty crappy neighborhood) for $700 a month and I was the only resident there. All I had to do was show them a pay stub showing them that I had been working for more then 6 months and made over $15,000 a month (around 18 a year). You can get into the more expensive housing arrangements but your not limited to them.

      I don't think you realize the big holes in the safety nets out there... I could own a 2 story good condition house where I live now for ~1000-1100/month... If I could afford that... I had to have a roommate in Columbus just to pay that bill... & when my roommate forfeited the lease I got a credit black eye for it (& lost the apartment)... I in fact had to move back in with my parents @ 21 years of age or I would very much have been homeless....

      Maybe I have just been lucky or something. I mean I have had my share of hard times, I have had the room mate that takes the bill money and goes on a coke binge or give it to her new boyfriend or something. I have had the BS, but I have never been evicted. I have moved to new places without a credit check, I don't hold my standards too high though. I have never experienced what you say you have though. My biggest problem was coming up with expenses to pay a deposit, move, and get the utilities moved over or turned on into my name.

      I don't really think there should be any safety nets out there. Those encourage people to take risks when they aren't willing or capable of putting the effort behind them to make it work. It isn't always the person's problem, but often it is. Some people are just stupid too. Take my mother for instance, she was looking at purchasing a home, I could tell it was over valued and she was all set to pay the list price. Her broker told her she couldn't get financing if she didn't. She told me this when I asked her is she low balled an offer. I went to the real estate agent's office and demanded to speak with him, I asked him where he got the notion that he could withhold financ

  10. So we've got a duopoly by Duradin · · Score: 0, Troll

    And just imagine all the complaints if every tom, dick and startup were given permission to plow in new cable or fiber. We'd go back to gravel roads. Then all we'd have to do is dig down in the trench with a shovel and add yet another layer of soon-to-be-dark fiber or copper.

    We're a geographically big nation once you step outside of the starbucks ridden cities. The population can get pretty damn sparse. It seems easy if you're going the CLEC route and just buying access to already existing infrastructure. But you'd be in for one hell of shock if you suddenly had to start plowing out to every customer.

    I hate to break it to ya, but dropping fiber to every home is very, very, very expensive. You think that a non-governmental for profit company is going to take a massive guaranteed permanent loss to give Joe Redneck in the sticks a 20mb/s connection?

    1. Re:So we've got a duopoly by Lumpy · · Score: 4, Insightful

      You think that a non-governmental for profit company is going to take a massive guaranteed permanent loss to give Joe Redneck in the sticks a 20mb/s connection?

      why not? they did it with the copper wires for phone. and last I checked, 4 pair Fiber was cheaper than 4 pair copper.

      Oh and laying copper costs EXACTLY THE SAME as laying fiber.

      If they could get off their asses in the 60's and 70'stio lay the copper then they can get off their overpaid asses and lay the fiber or upgraded copper. Honestly moving telcos from a regulated agency that had to do things the Govt said to unregulated caused more issues than anything.

      Right now they all care only about maximizing profits. They dont give a flying rats ass about the customer or future.. If they could cut 90% of their infrastructure and charge the difference to the 10% in the big cities and tell all rural people to go to hell they would do it in a heartbeat.

      The only thing keeping telcos from telling most of america to "GO AWAY" is government regulations.

      --
      Do not look at laser with remaining good eye.
    2. Re:So we've got a duopoly by Hatta · · Score: 5, Informative

      We already paid $200 billion for a nation wide fiber optics network that never delivered. When is anyone going to ask what happened to all that money?

      We paid for nation wide fiber optics, and it never got delivered. The telcos should give us our money back, all of it. If they can't afford it, go bankrupt, get nationalized, and let someone competent take over. Oh, and send the execs who squandered it all to jail.

      Not one red cent should go to the telcos until they pay back what we're owed.

      --
      Give me Classic Slashdot or give me death!
    3. Re:So we've got a duopoly by pin0chet · · Score: 1

      What about Wi-Max? Or LTE? Or unlicensed Wi-Fi? Alternatives to cable and telco ISPs don't have to involve digging up the ground. They can use the airwaves. But since the FCC maintains rigid control over all but a few relatively small chunks of the spectrum, there are too few frequencies available for entrepreneurs to use. And the artificially high price of the spectrum that is available is held largely by major incumbents. Increase the quantity of spectrum available to firms, and new entrants would actually have a shot at getting their hands on enough spectrum to build a competitive WISP.

    4. Re:So we've got a duopoly by Jaysyn · · Score: 1

      Fiber switching & splicing equipment are *a lot* more expensive than copper switching equipment & splicers. Just saying.

      --
      There is a war going on for your mind.
    5. Re:So we've got a duopoly by pin0chet · · Score: 2, Interesting

      The tax breaks and other incentives given to the telcos by Congress in the 90s for network build-out never actually mandated the construction of residential high-speed fiber networks. (Read the 1996 Telecom Act if you don't believe me).

      The telephone companies were never legally bound to deploy 50mbps symmetric FTTH. What actually happened was that some telco execs testified to Congress that incentives would hasten FTTH deployment. There were some extremely bold predictions made--predictions that turned out to be wildly optimistic--but if you look at the legislative history of the 200 billion, there is simply no basis for jailing anybody.

    6. Re:So we've got a duopoly by Dotren · · Score: 1

      We already paid $200 billion for a nation wide fiber optics network that never delivered. When is anyone going to ask what happened to all that money?

      Telco Companies: "What money? What, you're not satisfied with your '8mb' *snicker* connections?"

    7. Re:So we've got a duopoly by Lumpy · · Score: 1

      You are correct, but Fiber to nodes and then copper to homes would be a solution that would work very well. In fact 2 companies make DSL nodes that can fit in a standard large Telephone company PED. eliminating the "too far from the CO for decent speed" problem.

      Their excuse for no broadband for rural areas is purely fake. They got phone service out there, they can get broadband. Even 1.4mbps would be fantastic for most rural homes. I do it for a friend with a pair of ADSL modems and a cat-5 wire buried for 4500 feet. I know it would work for 2 miles.

      --
      Do not look at laser with remaining good eye.
    8. Re:So we've got a duopoly by cgenman · · Score: 2, Insightful

      Rural copper layout for POTS was legendarily subsidized. Unfortunately, we didn't get the same guarantees for rural broadband.

    9. Re:So we've got a duopoly by Duradin · · Score: 1

      Are you ranting about ILECs that are *forced* to provide service within their area or CLECs that don't have their own infrastructure and really aren't forced to do anything they don't want to do?

      At least in the sticks, ILECs provide the overwhelming majority of the infrastructure. There still are small local ILECs out there as they are the ones still covering the very rural areas since it isn't profitable for a CLEC to come in or for some major telco company to buy them out. They cannot cut infrastructure. And generally they need every customer the can keep to meet operating costs. The move to cell only has been brutal and no one needs a second line anymore for their modem.

      Lose your local ILEC (especially if it is a coop) and then you're at the mercy of a major telco where you have no say at all, other than not having any service.

    10. Re:So we've got a duopoly by plague3106 · · Score: 1

      Jail the telco execs anyway. I'm betting they knowingly lied to congress to get tax breaks and never had any intention of actually doing anything but keeping the extra money.

    11. Re:So we've got a duopoly by Anonymous Coward · · Score: 0

      If they could get off their asses in the 60's and 70's

      It's written "'60s and '70s". The apostrophe takes the place of the missing characters. In this case the characters are "19". 60's would be the possessive form of 60. I don't think numbers can own anything though.

    12. Re:So we've got a duopoly by The+Cisco+Kid · · Score: 1

      All that copper has long been paid for, in guaranteed profits, tax breaks, etc. As others have noted fiber was paid for too.

      The right idea, would be *one* fiber infrastructure, not owned by any individual company, but where any individual or company could get an ATM channel configured between any two locations (with ownership and/or permission from the owners/residents of the property/building at both endpoints) at a regulated price. Or for a higher price, a separate strand (or pair) of fiber to light themselves at each end.

    13. Re:So we've got a duopoly by geminidomino · · Score: 1

      I do it for a friend with a pair of ADSL modems and a cat-5 wire buried for 4500 feet. I know it would work for 2 miles.

      Attenuation and Crosstalk say OHAI!

      If that does work for 1.3km without repeaters, etc... you should play the lottery. EVERYTHING is going for you.

    14. Re:So we've got a duopoly by FredFredrickson · · Score: 1

      8mb?? Where?? I'll take it!

      --
      Belief? Hope? Preference?The Existential Vortex
    15. Re:So we've got a duopoly by Belial6 · · Score: 1

      There is this neat little thing called "Pipe". It is also sometimes called "conduit". Local governments actually already have quite a bit of experiance with running this "Pipe" all over cities. I have 2 government "Pipes" running into my home. One government "Pipe" that runs to my street. And a "Pipe" into my home that is owned by the utility company. So, that is 3 "Pipes" into my home and 1 to my street for a total of 4 separate sets of "Pipes" that run all over the city.

      One more set of "Pipes" to my home much like the sewer "Pipe", and every tom, dick and startup could easily run data cables to my with minimal added expense, while the city could collect rent, and we would never have to dig up the streets again.

      Ok, Ok, I did overstate that a little. Every 40 or 50 years, we might have to dig up streets to do the same kind of repairs on the data "Pipe" that currently needs to be done with the sewer "Pipes" and water "Pipes". That and with a sewer "Pipe" sized system, my home might be limited to 20 or 30 data competitors, but I think I could live with only having a choice between 30 or 40 ISPs.

      Personally, I think that the data "Pipe" system should look like the storm drains or even better, a little larger up to the street and sewer sized up to the house.

    16. Re:So we've got a duopoly by Anonymous Coward · · Score: 0

      The only thing keeping telcos from telling most of america to "GO AWAY" is government regulations.

      Most of america does not live in rural areas, so your point is moot.

    17. Re:So we've got a duopoly by MBGMorden · · Score: 1

      Indeed. I'm stuck with a 1Mbps connection that completely drops out for 15 seconds or so between 2 and 5 times per day. Wreaks havoc on online gaming and file downloads (which is why I've switched to just using Bitorrent for all my downloads even if a more traditional source is available, since it seems to take the d/c and resume much more gracefully). And for that I pay $55/month. The only thing that keeps me paying is that a) it's the only broadband option available to me, and b) despite the problems it's still better than dial-up.

      If I could honestly get 8Mbps that actually WORKED I'd be jumping for joy.

      --
      "People who think they know everything are very annoying to those of us who do."-Mark Twain
    18. Re:So we've got a duopoly by nine-times · · Score: 1

      We already paid $200 billion [newnetworks.com] for a nation wide fiber optics network that never delivered. When is anyone going to ask what happened to all that money?

      This is the sort of thing that I don't understand. I can understand people being in favor of completely free markets, and I can understand people being in favor of governmental regulation. I think either can work fairly well, and both have down-sides, but why are people in favor of giving Verizon a monopoly and then not regulating the results? Why would the federal government give $200 billion and then not ask for an accounting of where the money went?

      I think that's really where the economy fell down. Free market people and government intervention people have been fighting it out, and instead of picking either direction, they've compromised on, "Let's intervene by giving big companies stuff, but not bother to regulate what they do with what we give them!"

      I don't think the government should ever subsidize anything without specifying what the money is going toward, requiring an accounting of every cent spent, and any money not spend on the stated goal should be subject to... what's the word? I feel like there's a word for when you pay someone and then later take it back because the money wasn't used how it was supposed to be used.

      Is there a word for that?

    19. Re:So we've got a duopoly by kabocox · · Score: 1

      We already paid $200 billion [newnetworks.com] for a nation wide fiber optics network that never delivered. When is anyone going to ask what happened to all that money?

      We paid for nation wide fiber optics, and it never got delivered. The telcos should give us our money back, all of it. If they can't afford it, go bankrupt, get nationalized, and let someone competent take over. Oh, and send the execs who squandered it all to jail.

      If Obama announces that every telco that was involved in that $200B project is being fined $200B plus interest, then I'd actually vote for him the next time around. I'd love it if either party fines the industry proper. Then what I'd do is out source it to the top 3 Korean or Japanese telcoms as they obviously have an idea of how to properly wire up their customers.

    20. Re:So we've got a duopoly by SeekerDarksteel · · Score: 1

      How about the thugs who gave $200B of our money away for nothing substantial in return?

      --
      The laws of probability forbid it!
    21. Re:So we've got a duopoly by characterZer0 · · Score: 1

      There is only a basis for tarring and feathering the politicians who signed a one-sided contract in favor of their rich donors at the expense of the rest of us.

      --
      Go green: turn off your refrigerator.
    22. Re:So we've got a duopoly by slughead · · Score: 1

      [paraphrased] Corps were given 200B to lay line and they never did!

      if you look at the legislative history of the 200 billion, there is simply no basis for jailing anybody.

      That's the thing that bugs me the most (looking at GP post): with Government subsidy, things always go awry, and it's always business that gets blamed. Rarely do people ever blame government when money is wasted in this way. It's always the agribusiness (farm subsidies), or the telecoms (1990's), or Haliburton (Iraq war), or the car manufacturers (bailed out in the 80's and again recently), or the banks (current bailout). Nobody ever seems to blame government for wasting the cash in the first place, even though this happens most of the time with subsidy. If you pay people to waste money, three guesses as to what they're going to do?

    23. Re:So we've got a duopoly by Jaysyn · · Score: 1

      Yeah, I wasn't disagreeing, just stating a fact.

      I have ~5MBPS DSL thru our (small, local mom & pop) phone company & I live 15 *miles* from the nearest town (population 8000) so the ILECs shouldn't have any issues doing the same.

      --
      There is a war going on for your mind.
    24. Re:So we've got a duopoly by Anonymous Coward · · Score: 0

      Rural copper layout for POTS was legendarily subsidized. Unfortunately, we didn't get the same guarantees for rural broadband.

      Isn't that guarantee what this $10B is supposed to give?

    25. Re:So we've got a duopoly by bluie- · · Score: 1

      Hold greedy assholes responsible for their actions??? Ha, this is America!

      --
      life is a tragedy to those who feel, and a comedy to those who think
    26. Re:So we've got a duopoly by Fallingcow · · Score: 1

      Indeed. I'm stuck with a 1Mbps connection that completely drops out for 15 seconds or so between 2 and 5 times per day.

      That was the source of the "snicker". The people paying for 8Mbps are largely getting something only marginally better than you are.

    27. Re:So we've got a duopoly by Anonymous Coward · · Score: 0

      Yea, jail people because you "bet" they did. No need for proof or testimony.

      Idiot.

    28. Re:So we've got a duopoly by MBGMorden · · Score: 1

      Personally I'd call 800% a pretty fricken wide margin.

      --
      "People who think they know everything are very annoying to those of us who do."-Mark Twain
    29. Re:So we've got a duopoly by Fallingcow · · Score: 1

      8Mbps is what they call the service. I'd guess that the bell curve for the average actual speed of service for people with nominally 8Mbps 'tubes is fat right around the 3Mbps mark.

    30. Re:So we've got a duopoly by MBGMorden · · Score: 1

      You have to apply that logic to both numbers though. Advertised speeds of 8Mbps won't often be the actual speed, but neither will 1Mbps be the actual speed when it's advertised.

      --
      "People who think they know everything are very annoying to those of us who do."-Mark Twain
    31. Re:So we've got a duopoly by Fallingcow · · Score: 1

      heh, good point.

    32. Re:So we've got a duopoly by Anonymous Coward · · Score: 0

      It does.

      http://www.odessaoffice.com/sdsl.htm

      40 miles point to point.

    33. Re:So we've got a duopoly by geminidomino · · Score: 1

      Not with Cat5 it's not.

  11. In that case... by tripmine · · Score: 1

    Good thing Broadband money was cut from the stimulus pack.

  12. Let's get something straight by Cajun+Hell · · Score: 1

    But broadband, once thought to be in line for $100 billion as part of the stimulus legislation, ended up a low priority, set to get well under $10 billion in the package of over $800 billion.

    Even $10 billion is a mind-numbing overwhelming fucking shitload of money. I don't really believe that what Congress and the President are doing right now is going to help many people (except maybe their campaign contributors) and it's fine to talk about how those 10 gigabucks aren't going to be spent wisely. But don't diss the magnitude or claim that decimating the dollar amount means it can't work. The actual reason it can't work is that it isn't meant to. The still-incomprehensibly-huge amount has nothing to do with it.

    --
    "Believe me!" -- Donald Trump
    1. Re:Let's get something straight by Chandon+Seldon · · Score: 1

      The still-incomprehensibly-huge amount has nothing to do with it.

      10 billion dollars is on the order of $100 per household in the US. That's a good chunk of money, but I doubt it would fund FTTH for everyone. $1000/household, in contrast, very well might be enough to outright fund the infrastructure.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
  13. Re:Right Wing Nuts by Anonymous Coward · · Score: 4, Insightful

    The article does a poor job of identifying two separate problems: rural areas with no broadband vs all other US areas with crappy and overpriced broadband. We need to solve both problems, and the WSJ article doesn't offer a real answer to either, so the main point of the article appears to have been to whine about the stimulus package.

  14. WTF? by mcgrew · · Score: 1, Offtopic

    How is helping broadband going to stimulate the economy? The way to stimulate the economy is to get the banks lending again and get consumers spending again. Cutting taxes on the poor and middle class does the latter, but I have no idea how to get the banks lending.

    I do think that the banks need to be reregulated, and heavily. They have shown themselves to be thieves and need to be kept on a short leash. What happened to that $800b they already were handed?

    Why are CEOs getting "performance bonuses" when they're doing a piss-poor job? These companies are failing because their leadership is incompetent, crooked, or both.

    Yes, US broadband sucks but pouring money into the cable companies asn't going to stimulate the economy. It probably wouldn't do anything but make the cable companies richer.

    1. Re:WTF? by Shakrai · · Score: 5, Insightful

      The way to stimulate the economy is to get the banks lending [slashdot.org] again and get consumers spending again.

      Ah, the hair of the dog. Wasn't it poor lending standards and people living beyond their means (i.e: greed on everyone's part) that got us into this mess? Just once I'd like to hear somebody talking about people needing to save in addition to talking about them needing to spend....

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    2. Re:WTF? by El+Torico · · Score: 1

      Why are CEOs getting "performance bonuses" when they're doing a piss-poor job?

      Because none of them have been lynched yet. OK, extrajudicial capital punishment is illegal, but a lot of these guys need to have ALL of their assets seized and exiled to a desert island (which is much cheaper than jail).

      --
      In the land of the blind, the one-eyed man is usually crucified.
    3. Re:WTF? by DaveV1.0 · · Score: 4, Insightful

      The way to stimulate the economy is to get the banks lending again and get consumers spending again.

      Yes, because the way to get out of a 10 foot deep hole that is filling with water is to dig deeper.

      --
      There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    4. Re:WTF? by agrestic · · Score: 1

      "Poor lending standards" established and enforced by the government on the likes of Fannie, Freddy, et al. Certainly the poeple's fault, but also the fed. gov't.

    5. Re:WTF? by AioKits · · Score: 4, Insightful

      I am unsure about the rest of /. but for me 2009 is the year of 'No Debt'. I've made it my goal to obliterate as much of my personal credit debt as possible. No more use of the magic plastic, and by the end of February, I'm gonna pay off one card entirely and possibly have the second card near paid by the end of May. I'm not going to list specifics of my debt as it is embarassing that I let it happen to me. No more though, if I can't buy it with cash (or debit card as I am a small guy and carrying cash makes me paranoid), then I don't need it now and can do without for a while.

      Sorry for getting off topic, but I figure if I kill off my debt, save up my cash to give an emergency buffer and can still once a paycheck afford a nice steak dinner, I should be happy. The 'I need it now' mentality, almost killed me here.

      I guess what I'm getting at is this 'Gotta have it now!' mentality and the illusion of easy money got more than just me into trouble with money.

      --
      "Quote me as saying I was mis-quoted." -Groucho Marx
    6. Re:WTF? by nine-times · · Score: 1

      How is helping broadband going to stimulate the economy?

      Well, it seems like a silly question to me, but I'll go ahead and give it a stab anyway. First, building a ton of infrastructure means jobs of some kind. Someone has to dig the trenches. Someone has to build and operate the communications hubs that those trenches are connecting.

      Beyond that, remember the tech boom of the 90s? Remember how that was this period of unprecedented economic growth? Honestly, yes, it was a bit of a bubble, but there was a lot of genuine growth there too. Do you know where that came from? The Internet. Largely, at least. The Internet allows businesses to operate more efficiently as well as opening new avenues for business. There are services that exist today that couldn't have existed before the Internet, and there are services that don't exist yet because our existing Internet is too slow.

      Very often, improved infrastructure spurs economic growth, or at the very least supports economic growth.

    7. Re:WTF? by Rycross · · Score: 1

      What poor lending standards would those be?

    8. Re:WTF? by larry+bagina · · Score: 2, Insightful

      more bank lending and consumer spending? The problem was consumers spending money they didn't have and banks lending money to people that couldn't pay them back (sometimes approving loans with no proof of income). Consumers need to stop living beyond their means (this applies to the government) and banks need to be run as a boring for-profit businesses (which means no bailouts when they fuck up).

      --
      Do you even lift?

      These aren't the 'roids you're looking for.

    9. Re:WTF? by SCHecklerX · · Score: 1

      Like my 401k 'savings' that lost nearly 20K in a few months time?

    10. Re:WTF? by Anonymous Coward · · Score: 0

      no, it wasn't. folksy bullshit isn't sufficient to reason our way out of this situation.

    11. Re:WTF? by Anonymous Coward · · Score: 0

      Nobody, and I mean nobody should EVER need to save money. EVERYONE should invest money. Simply taking money OUT of the system and hoarding it never accomplishes anything but devaluating it; it`s shooting yourself in the foot.

    12. Re:WTF? by FireStormZ · · Score: 3, Informative

      really? where have you been hiding..

      Lenders began to offer more and more loans to higher-risk borrowers, including illegal immigrants. Subprime mortgages amounted to $35 billion (5% of total originations) in 1994, 9% in 1996, $160 billion (13%) in 1999,and $600 billion (20%) in 2006.

      A study by the Federal Reserve found that the average difference between subprime and prime mortgage interest rates (the "subprime markup") declined from 280 basis points in 2001, to 130 basis points in 2007. In other words, the risk premium required by lenders to offer a subprime loan declined. This occurred even though the credit ratings of subprime borrowers, and the characteristics of subprime loans, both declined during the 2001-2006 period, which should have had the opposite effect.

      In 1995, the GSEs began receiving government incentive payments for purchasing mortgage backed securities which included loans to low income borrowers. Thus began the involvement of the GSE with the subprime market.[105] Subprime mortgage originations rose by 25% per year between 1994 and 2003

      --

      from wiki

      --
      "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    13. Re:WTF? by nasch · · Score: 1

      That's already happening. The saving rate is going up, which is... not stimulating the economy. I'm not sure I really have a problem with that. If the American people decide to pay off their debts and save some money, and that means we go through a longer recession and come out the other side with a more robust economy, so be it.

      However, that doesn't mean economic growth doesn't require lending and spending - it does.

    14. Re:WTF? by tepples · · Score: 1

      if I can't buy it with cash (or debit card as I am a small guy and carrying cash makes me paranoid)

      I carry a credit card for the rewards, but I pretend it's a debit card and don't charge more than I have in my checking account.

      then I don't need it now and can do without for a while.

      Even a house?

    15. Re:WTF? by plague3106 · · Score: 1

      What consumer is going to borrow money if they are afraid of being laidoff?

      What commerical entity is going to borrow money if they are afraid consumers are not spending (and they're not)?

      The problem isn't credit anymore. Please try to keep up.

    16. Re:WTF? by Shakrai · · Score: 1

      as it is embarassing that I let it happen to me

      Don't feel too bad. I wound up filing Chapter 7. Some of it (medical bills) was beyond my control but most of it was caused by my own stupidity.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    17. Re:WTF? by moderatorrater · · Score: 1

      I can back you up on that. I figure I can have all of my debt paid down with the exception of one car and my house by the end of the year. I'm in the same approximate situation you're in, where I spent too much money and put too much of it on credit cards, etc. I figure if I put my money in the bank, then the bank will have more money to lend and I can stimulate the economy that way. If the economy can't stand to have me saving some of my money and living within my income, then the economy needs to change anyway.

    18. Re:WTF? by chill · · Score: 1

      Sorry, but you won't. Not as long as 70-80% of our economy is based on consumer spending. Everyone saving would, unfortunately, be *worse* for our economy.

      What needs to be done is shift the economy so it isn't fundamentally built on product churn and people continuously buying crap. We need more production and less consumption before people start saving or it won't work.

      Not on a large scale anyway. If only a few people do it, they can improve THEIR condition but it doesn't scale. (Hint, hint)

      --
      Learning HOW to think is more important than learning WHAT to think.
    19. Re:WTF? by Shakrai · · Score: 1

      We need more production and less consumption

      Hmm.......

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    20. Re:WTF? by Jah-Wren+Ryel · · Score: 1

      if I can't buy it with cash (or debit card as I am a small guy and carrying cash makes me paranoid), then I don't need it now and can do without for a while.

      Debit cards are WORSE than cash. The only people who should ever use a debit card are those who are unable to use a credit card - either they can't get one or they can't control themselves enough to pay the balance every month. If you are a victim of fraud - with a debit card all you have is the bank's promise not to screw you, with a credit card you have federal law limiting your damage to $50. Even if the bank does keep their promise (something they are under no legal obligation to do, putting you at the mercy of some mercurial customer service rep) - they still don't promise to protect you against secondary effects - like bounced check fees and other fines from creditors because your account happened to be fraudulently drained when they deposited a check.

      With a credit card the only money at risk is other people's money, with a debit card it is the entire balance of your checking account.

      --
      When information is power, privacy is freedom.
    21. Re:WTF? by Anonymous Coward · · Score: 0

      is to get the banks lending again

      The first bank to lend will be the most successful one. Happily ever after.

    22. Re:WTF? by Weeksauce · · Score: 1

      I think maybe you misunderstand the point of the banks need to begin lending again. The lending in question is not necessarily with regards to the bank-customer relationship but the bank-bank relationship. When banks fail to lend to one another in the credit markets you enter a liquidity crisis. As the customers credit is bought and sold on these markets The government is spending money to uproot the bank-to-bank credit markets. As the customers credit is bought and sold on these markets, once they free up, banks will begin lending to consumers again.

      --
      An inventor is a man who asks 'Why?' of the universe and lets nothing stand between the answer and his mind.
    23. Re:WTF? by geminidomino · · Score: 1

      Good on you. Even if you have to do without some luxuries, that's a great goal.

    24. Re:WTF? by MobyDisk · · Score: 1

      poor lending standards and people living beyond their means (i.e: greed on everyone's part) that got us into this mess?

      What if, the only thing that makes the stock markets rise is artificial inflation? If we aren't producing any longer, or innovating any longer, phony credit is the only way to get the US markets to rise. Hence, those in power will do whatever it takes to build another bubble so they can cash-out this time.

    25. Re:WTF? by theaceoffire · · Score: 1

      Of course! If you digg deep enough, the water will drain out through the hole!

      --
      I steal signatures. This one used to be yours.
    26. Re:WTF? by sorak · · Score: 1

      How is helping broadband going to stimulate the economy? The way to stimulate the economy is to get the banks lending [slashdot.org] again and get consumers spending again.

      You forgot one aspect of the equation. you have to get lending institutions lending, consumers spending, and American products being consumed.

      I'm not arguing the "buy American, it's your duty" position. I'm saying that we need to find a niche that we as a country, (if you happen to be American), can fill. American workers will never be cheaper than those in third world nations, and the American car industry has not earned confidence in our QA standards, but there is one place where we can compete.

      Being one of the wealthiest countries on Earth, and having a large number of world-class research facilities, we should be doing everything we can to keep producing cutting-edge research. I love the fact that the world's best and brightest are coming to America to be doctors, programmers, and scientists, and that they are staying here to work. It gives us a competitive edge that most other countries don't have. But, if we allow ourselves to think that science is the enemy, that professors are incompetent, and that only factories provide anything of value, then this edge will dull quickly.

      And yes, residential broadband would contribute to our success, as it would allow the future scientists, programmers, and engineers to learn, to experiment, and to work from their homes.

      I am not prone to optimism, but I would like to think that this is a reasonable direction for our future.

    27. Re:WTF? by DrinkDr.Pepper · · Score: 1

      No, no, no. Dig UP stupid!

      --
      0xfeedface
    28. Re:WTF? by Rolgar · · Score: 1

      But wouldn't this be a short term investment (that would require hiring people to lay lines) that would cut costs and provide increased benefits long term?

      If we're going to spend money, and unfortunately it looks like a lot is going to be spent, I want it INVESTED in infrastructure that saves money long term or is overdue in being spent.

      Unfortunately, all of this rewards those who haven't been paying their own way all along, because they get to pass off what they should have done themselves to the rest of the country.

    29. Re:WTF? by furby076 · · Score: 1

      How is helping broadband going to stimulate the economy?

      You give money to company (hopefully with a mandate to build fiber lines). You need someone to dig up the ground and lay the lines...gotta pay people to do that. Gotta pay companies to provide you supplies. Those companies gotta pay people to build those supplies, etc. That's how the economy is stimulated - by providing money to companies to create jobs for useful products (don't think anybody here on /. will disagree that fiber lines are useful). See it's a win-win. We create jobs and a useful product/service. But that would be wasteful, better money should be spent on giving movie companies 350 million because they apparantly don't make enough money (Dark Knight made about 150 million alone).

      --

      I do not support "The Man". I also do not support your irrational stupidity
    30. Re:WTF? by nine-times · · Score: 1

      Yeah, really.

      I'm sorry to go into a little off-topic rant here, but the lesson isn't really that consumer spending is good or consumer spending is bad, but that not all economic activity is created equal. You can't just say, "Hey consumers, spend as much as you want-- it doesn't matter what you spend it on-- and that will get us out of this mess!"

      People spending money is good for the economy, but it has to be coupled with things like production, real wealth creation, and long-term investment. You can't have everyone in the country counting on house-flipping for their income without creating a bubble that will eventually burst.

      This isn't just an issue for consumers, but it applies to the government as well. You can't simply cut taxes, flood everyone with cash, and hope that everything corrects itself-- at least not with the sorts of problems we currently have. You can't just throw all the money into building bridges to nowhere, either. You're going to have to find worthwhile projects and services that should have existed and should have been funded already, but have been sitting around in neglect from lack of funding. Luckily, there are a lot of projects and services out there like that.

    31. Re:WTF? by mcgrew · · Score: 1

      But they've gone from lending to everyone and his hairy dog to not loaning to anyone at all. I know a home builder who tells me his credit is stellar yet he can't get a loan to construct houses he's already sold!

      Car dealerships are having trouble because nobody can get a car loan.

      And as to saving, that's what you're supposed to do when you have excess. The unemployed guy can't put money in the bank because he doesn't have any.

      "Hair of the dog" is a good analogy. An alcoholic can die from alcohol withdrawal.

    32. Re:WTF? by compro01 · · Score: 1

      Technically, any sort of saving beyond stuffing cash in a mattress is investing, as banks just turn around and loan out any money saved in their accounts, sans a small (possibly too small) reserve amount they have to keep.

      --
      upon the advice of my lawyer, i have no sig at this time
    33. Re:WTF? by dragonjujotu · · Score: 1

      if I can't buy it with cash (or debit card as I am a small guy and carrying cash makes me paranoid)

      I carry a credit card for the rewards, but I pretend it's a debit card and don't charge more than I have in my checking account.

      Sensible, with proper self-control that a lot of people, like me, don't have.

      then I don't need it now and can do without for a while.

      Even a house?

      That's what renting is for. I'm sure that when I retire, if it's financially feasible before I die, I'll have the money to pay in cash for it.

      --
      Yes, I am obsessed with ellipses.
    34. Re:WTF? by Atario · · Score: 1

      Wasn't it poor lending standards and people living beyond their means (i.e: greed on everyone's part) that got us into this mess?

      Ah, blaming the victim.

      No, absolutely not. It was the deregulation/lax regulation of the financial industry that allowed them to:

      • Mix bad debt up with good debt and pretend it was all good debt
      • Sell people on loans -- for commissions, of course -- regardless of the borrower's chances of being able to keep up with it, knowing the loan would be passed on to some other sucker anyway
      • Invent and sell bizarre financial instruments that no one understands
      • Massively speculate on essentials like fuel

      In short, a lack of government regulation, brought on by the "leave those poor, poor corporations alone to do whatever they want" crowd. And now that the whole thing is crashing down, they only cry to blame the citizenry while simultaneously begging for handouts from them -- unregulated handouts, of course.

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    35. Re:WTF? by Rycross · · Score: 1

      And the only thing in that passage that suggests federal-level involvement is "In 1995, the GSEs began receiving government incentive payments for purchasing mortgage backed securities which included loans to low income borrowers." It doesn't cite under which legislation, or why, they received government incentive payments.

      I want specific information about what federal involvement is responsible. So far, the only legislation I have been pointed to has been the CRA, which is flat-out not responsible for the current mess.

      Your information tells me nothing other than banks made risky loans which I already know.

    36. Re:WTF? by dragonjujotu · · Score: 1

      I want to join the me too group here, though it wasn't the "gotta have it now" that got me, it was the "we don't need you anymore". a year and a half in the navy helped me get a better job oddly enough

      --
      Yes, I am obsessed with ellipses.
    37. Re:WTF? by powerlord · · Score: 1

      if I can't buy it with cash (or debit card as I am a small guy and carrying cash makes me paranoid)

      I carry a credit card for the rewards, but I pretend it's a debit card and don't charge more than I have in my checking account.

      true. I've been using CCs that way for a while. If you don't spend more than you can afford*, its essentially a debit card except with greater protection, built in "rewards program" (lets hear it for free hotel nights), and an automatic "overdraft protection" for emergencies**.

      then I don't need it now and can do without for a while.

      Even a house?

      QFT.

      With falling prices to buy homes, I've seen a rise of properties for rent in my region, but the price on the rentals has boomed as the number of renters has expanded (lots of them being former, or soon to be former home owners).

      For the first time in my life my wife and I TOOK ON long term debt in 2008 by buying a home. In 2009 we hope to refinance and knock another .5% off our interest rate (Fixed, 30yr, no pre-payment penalty). The rates are low, and banks WANT to lend money, they just don't know who they can trust, and don't want to be burned. If you have a good enough credit report/history you an work through that, but it takes a bit of work.

      --------
      * Most people have a real problem figuring out what "you can afford" means. I'd suggest everyone start by keeping a budget for 3 months and see how much of their pay goes to various things (Rent, Utilities, Food, Entertainment, Taxes, etc.).
      ** For Emergencies does NOT mean "I really need to buy a new TV", it means "Oh my god my [child/spouse/sibling/parent] just [got sick/died/divorced/thrown out by pimp] and [i need to go there/they need to come here/they need surgery/they need to be buried]. See above. :)

      --
      This space for rent. All reasonable inquiries will be entertained at proprietors discretion.
    38. Re:WTF? by mcgrew · · Score: 1

      A couple of things - I was debt-free for twenty years. I rented the houses I lived in and drove beaters, and used no credit cards, and saved. When I decided I was tired of throwing my money away on rental houses, and decided to invest in buying one, I was told I was a "ghost". I had to build credit up by using a high interest credit card.

      As to the debit card, if you have a fifty dollar bill in your wallet a robber can only get fifty dollars from you. If you have a debit card he can get every penny out of your bank account and you have no recourse whatever.

      I had my checkbook and debit card stolen by a women who had watched me punch the PIN in (a strongarm thief could likely beat your PIN out of you). She forged checks and used the card. The bank made good on the checks but I had to eat the debit card loss.

      That was the last time I ever used a debit card. They're WAY too dangerous.

    39. Re:WTF? by NeutronCowboy · · Score: 2, Informative

      Note that nothing in your quote says anything about government mandated poor lending standards. The problem with Fannie and Freddy Mac was that they were seen as implicitly guaranteed by the government, which meant that people were taking risks that they shouldn't have on loans that these two entities were buying from other lenders. Turns out that that implicit guarantee had to be made explicit, much to the consternation of everybody who thought that people would behave rationally.

      --
      Those who can, do. Those who can't, sue.
    40. Re:WTF? by mcgrew · · Score: 1

      No, the way out is to stop digging DOWN and dig youself a ramp. Do nothing and you'll drown.

    41. Re:WTF? by Anonymous Coward · · Score: 0

      During periods of inflation -- which is caused by government printing bills with nothing of actual value to back it up -- the common sense practice of saving money becomes a losing proposition. Let's say you put $10,000 in the bank for 10 years, and over that period inflation rises by 10% (meaning 10% more bills, worth nothing more than the paper they are printed on, were injected into the economy). After the 10 years is up, your $10,000 is worth 10% less than it was when you started saving. Not in terms of dollars (a measure which has changed), but in terms of actual purchasing power. This is, of course, because the value of the dollar is now worth 10% less.

      So before we start talking about savings, perhaps we should talk about limiting the ability of government -- that is, the people at the top of the power pyramid -- to play games with the basket that holds everybody else's eggs. Or ideally, remove their power to forcefully prevent anyone else from offering their own basket (currency), and your ability to choose whose basket you prefer to put your eggs in.

      Unfortunately, inflation is one of government's key tools in the never-ending quest to expand the business of government. Not just the US government, but every government that asserts the right to monopolize a currency. This means that inflation will never go away -- the potential profit is just too tempting. Imagine being able to increase the value of your business by simply printing dollar bills, injecting half of it into the economy and keeping the other half for yourself. When you boil it down, that's exactly what government does. It's a net win for the business of government -- more precisely, those at the top of the business of government -- and a net loss for everyone else.

    42. Re:WTF? by R2.0 · · Score: 1

      "Yes, because the way to get out of a 10 foot deep hole that is filling with water is to dig deeper."

      The analogy I prefer is trying to raise the level of water in a reservoir by pumping it from the outlet to the inlet - you're actually worse off due to energy costs and leaks. Taking money out of the economy to process it through government hands and put less money back into the economy is insanity. But, since my name isn't Keynes, my opinions don't matter.

      But I like your analogy as well.

      --
      "As God is my witness, I thought turkeys could fly." A. Carlson
    43. Re:WTF? by Shakrai · · Score: 1

      But they've gone from lending to everyone and his hairy dog to not loaning to anyone at all.

      Car dealerships are having trouble because nobody can get a car loan.

      *shrug*, that hasn't been my experience. I opened a $5,000 line of credit with my credit union last month (after I found out that Chase would be closing the existing one that I had with WaMu even though it's four years old and in good standing -- bastards) and my girlfriend just financed a $18,000 car. I've heard similiar stories locally and on the national level.

      The big lenders have pulled back but the community banks and credit unions are still lending. The difference between them and the big boys is that they never got into the subprime mess to begin with -- they aren't "too big to fail" so they actually had to have lending standards. If you only qualified for a 'subprime' before then you probably won't get financing in this environment -- but I'm not convinced that's a bad thing. The people with good credit are still getting financing.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    44. Re:WTF? by Anonymous Coward · · Score: 0

      Yes, because the way to get out of a 10 foot deep hole that is filling with water is to dig deeper.

      Eventually you hit china...

    45. Re:WTF? by Shakrai · · Score: 2, Insightful

      Ah, blaming the victim.

      Ah, selective hearing. It's ironic that you quoted me and still only read part of my sentence. If you'd bothered to read it all you would have seen that I blamed poor lending standards as well as people who wanted to live beyond their means.

      Sell people on loans -- for commissions, of course -- regardless of the borrower's chances of being able to keep up with it

      And the borrower doesn't share in the responsbility in that scenario? Would you take out a loan that you had no chance of being able to repay even if the bank was willing to let you do it?

      they only cry to blame the citizenry while simultaneously begging for handouts from them

      The citizenry does share some of the blame here. Have you seen the neighborhoods in CA and FL that were hardest hit by this? They are all filled with McMansions that invariably had two SUVs in the driveway and at least one big screen TV in the house. I have very little sympathy for this "keep up with the Jones'" manner of living.

      The people trying to absolve Main Street of blame in this crisis are just as bad as the people trying to absolve Wall Street. We all fucked up. The sooner we realize that, the sooner we can start fixing the mess we've created.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    46. Re:WTF? by mcgrew · · Score: 1

      The trouble is the banks aren't lending to the creditworthy and the people whose incomes are secure are being as stingy with their cash as the guy worried about the layoffs.

      The trouble IS credit. Nobody can get any regardles of their credit rating.

    47. Re:WTF? by Anonymous Coward · · Score: 0

      But saving is evil and communism. We all must consume as fast as we can. Turn raw materials into waste quicker than any generation ever before. Only this will save the planet. ...wait, what?

    48. Re:WTF? by GooberToo · · Score: 1

      but I have no idea how to get the banks lending.

      That's easy but no one has the balls to do the right, smart thing here.

      Tell them to start lending or we'll take all our money back which was given to them under the sole understanding it was given for them to lend, thusly stimulating the economy. And better than that, put in jail everyone not doing their job and seize all of their assets to be auctioned off within 60-days. Anyone caught moving funds or assets to avoid the repercussions will immediately be arrested and their assets seized. Then, all the monies taken back and the seized assets can then be used to redistribute the wealthy from the bottom up rather than the time tested, fraudulent failure that is trickle down economics.

      When suddenly thousands of the richest Americans are suddenly stripped of their fraudulently obtained wealth are placed in prison and their families are sitting on the curb as they've forced so many other Americans, you can bet monies will start flowing as they said they should.

    49. Re:WTF? by GooberToo · · Score: 1

      No, that absolutely is NOT "hair of the dog." Lending should not be confused with fraud; which these institutions previously enforced.

      You want a real solution? Lock up the SOBs that knowingly and FRAUDULENTLY caused this whole problem. Fraud is fraud. They should be in jail and all of their assets seized. Their families evicted to fend for themselves. But since these crooks suck dick of our Congressmen, Senators, Representatives, and all their friends, no one wants to hold the responsible parties responsible.

      There is good lending practises and then there is the fraud committed on the world by these guys. Good lending will rapidly help everyone's economies recover. As is, they are committing fraud on top of fraud by not lending the money they received to do exactly that - lend. These fuckers need to be put in jail and the key thrown away.

    50. Re:WTF? by DaveV1.0 · · Score: 1

      But, using credit and printing money is not "digging a ramp", it is "digging straight down".

      --
      There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    51. Re:WTF? by swillden · · Score: 1

      That's what renting is for. I'm sure that when I retire, if it's financially feasible before I die, I'll have the money to pay in cash for it.

      Bad approach.

      You have to remember is that renting IS debt. It's not like you could just choose to stop paying rent because you can't afford it. Even worse, rent is a debt that will never, ever get paid off. It's almost like having a large interest-only loan -- you'll never be done paying for it.

      The only advantage renting has is that it's somewhat easier to reduce your rent payment if you need to.

      On the other side, buying has HUGE advantages:

      • In most places and most times, you can buy a place for a smaller monthly payment than you can rent it.[1]
      • At least a little of your mortgage payment goes to increase your ownership of the home. Choosing a shorter-term loan, or paying a little extra on your monthly payments can make that go faster.
      • Much of your mortgage payment goes to interest, which is tax-deductible, further lowering the effective payment. Remember that your landlord doesn't get the same tax break you do, so he has to keep your rent higher.
      • Real estate values rise and fall, but over the long term they rise. If you buy, YOU pocket the appreciation, even if the bank owns 90% of your home.
      • If you work at it, it's not unreasonable to have your home paid off in 10-15 years, whereas your rent would never end.

      Of course, owning a home is not risk free. But in general, collateralized-debt is low-risk. The only way you lose (assuming reasonable interest rates) is if the bottom drops out of the market for your collateral permanently or if you do something stupid, like buy a home that stretches the limits of your ability to pay with a crazy loan just before the market dips.

      Buy a home that's well within your means, get a traditional, conservative mortgage with a fixed interest rate and work to pay down that debt as quickly as reasonably possible and you'll be much better off than if you'd rented.

      [1] Most landlords have their rental properties mortgaged anyway, so one of their key considerations in setting rent prices is ensuring that the rent it high enough to cover the mortgage, plus incidentals, and maybe a little profit besides. Unless there's some reason the owner can get a mortgage that you can't get (you have bad credit or something), then you should nearly always get a lower monthly payment by buying.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    52. Re:WTF? by Anonymous Coward · · Score: 0

      Cutting taxes on the poor and middle class does the latter ...

      So your idea to help the people that have no jobs or no income is to give them tax cuts?

      I don't think that'll work.

    53. Re:WTF? by 99BottlesOfBeerInMyF · · Score: 1

      How is helping broadband going to stimulate the economy?

      The idea is to invest funds in industries that will create benefit to society, hire people to do work, and lead to more long term jobs than other industries which are more profitable in the short term. Like other infrastructure, improving internet access opens up lots of opportunity for new industries like good video rental over broadband, video telephony, and anything else based upon it. Spending money improving internet access gets more jobs than spending money digging ditches because in addition to the people hired to build it, you're opening up more customers for companies like NetFlix or Amazon.

      The way to stimulate the economy is to get the banks lending again and get consumers spending again.

      No, that's how you keep the economy from spiraling downward into nothingness.

      Cutting taxes on the poor and middle class does the latter, but I have no idea how to get the banks lending.

      Cutting taxes on the lower end is good for the economy but only if it doesn't come by cutting government programs that actually help people financially or cause jobs to be lost. So if you cut taxes on the poor you can eliminate some small amount of government spending without hurting the economy, but very little. Every tax dollar not going to the military reduces the amount given in salary to soldiers (the poor) and to industries they hire to provide technologies and services. The same is true in most industries.

      Because of this, we need to reverse the policies of trickle down economics (which failed miserably as most competent economists predicted) and increase taxes on the very small ultra wealthy portion of society. Then, we need to move that wealth to the bottom end via socialist programs that create jobs and where a small investment either creates a disproportionate number of jobs or saves a disproportionate amount of wealth from being wasted.

      For many long years our tax policies have basically sucked money away from society as a whole and funneled it to the very wealthy. The wealth disparity caused banks to desperately lend to people with no wealth and no realistic prospect of wealth. Now it has come to a head. You say you don't know how to get banks lending. The solution is clear, even if it is not easy. We need to create jobs for the bottom half of the financial pool and we need to have policies that allow them to build wealth. We need to get them building equity in homes paid for with steady jobs. We need them to not be at serious risk of personal bankruptcy and defaulting on loans because they get sick (the #1 cause of personal bankruptcy). We need these jobs and these social safety nets and we need to pay for them without mortgaging that same portion of society's financial future, which means greatly increased taxes on the very wealthy. Bill Gates should be paying a larger percentage of his income to taxes than I do, not less.

      The problem with all this is, of course, lack of understanding of this issue among voters and the fact that the people actually making the decisions and paying for election campaigns constitute the extreme rich who need to pay more if we're to fix this mess. It is super easy to get sidetracked along the way and it absolutely will get sidetracked if people don't understand it and make it clear they will vote based upon that issue.

      I do think that the banks need to be reregulated, and heavily. They have shown themselves to be thieves and need to be kept on a short leash.

      The banks were complicit in what has happened, but they are just a small symptom. They delayed the recession and made it worse in the process, but they certainly were not the main cause.

      Why are CEOs getting "performance bonuses" when they're doing a piss-poor job?

      Because the CEOs have more power than the people because we allow corporations to lobby and make campaign contri

    54. Re:WTF? by mcgrew · · Score: 1

      The broadband companies are making plenty of cash. Nearly everyone has cable. If they're not investing in technology now, how is giving them even more money going to get them to invest it?

    55. Re:WTF? by TheSync · · Score: 1

      but I have no idea how to get the banks lending.

      Banks are still lending to people with good credit (they've learned their lesson). But few people want to borrow right now because of the economic uncertainty.

      The market will restructure industries. We need fewer people working in finance (they are being laid off right now), more people working in health care where there is more demand, for example. This process will involve higher than normal unemployment rates for a while, but eventually people and companies will determine ways to profitably employ people.

      Government can't really legislate economies, any more than they can legislate morality (well, OK, they can legislate an economy out-of-existence, like North Korea or Zimbabwe).

    56. Re:WTF? by Anonymous Coward · · Score: 0

      to get out of that hole you just need to hold your breath. let the economy get it self back on its feet.

    57. Re:WTF? by LanMan04 · · Score: 1

      Well, sort of. The economy DEPENDS on relatively inexpensive credit. Not for shmoes like me and you for cars and vacations, but for businesses. You have to take out HUGE loans to do anything interesting (expand business, etc), but as long as the lendee's business model is sound both they and the bank they borrowed from will make $.

      Believe me, a world with very hard to get credit is bad. Then again, so is one where credit is too easy to get. But it wasn't defaulting businesses that put the economy into a tailspin, it was mortgage-backed financial instruments.

      --
      With the first link, the chain is forged.
    58. Re:WTF? by Zebano · · Score: 1

      Assuming the hole is filling at a decent speed (not too fast to drown you or too slow to exhaust you), you could just tread water until the water level lifts you to the top of the hole...

      --
      You hate your job? There's a support group for that. It's called "everybody" and they meet at the bar. -Drew Carey.
    59. Re:WTF? by mcgrew · · Score: 1

      Every tax dollar not going to the military reduces the amount given in salary to soldiers (the poor) and to industries they hire to provide technologies and services.

      The military doesn't create wealth. Programmers, machinists, cooks, carpenters, electricians, etc create wealth. Most of our poor are NOT in the military.

      For many long years our tax policies have basically sucked money away from society as a whole and funneled it to the very wealthy

      True. We need to raise taxes on the rich, especially the very rich, who have NOT been pulling their weight in society for quite some time. A very large part (perhaps the main reason) of why we're in this mess was the incredibly high price of oil.

      Most US corporations pay no federal tax, and many, like IBM and Kodak, not only don't pay taxes but get government grants (and bailouts) as well.

      Because of this, we need to reverse the policies of trickle down economics (which failed miserably as most competent economists predicted)

      Also true. Wealth doesn't trickle down, it flows up. Wealth is created on the factory floor, not the boardroom.

    60. Re:WTF? by aaarrrgggh · · Score: 1

      There is a difference between being "debt free" and "fiscally responsible." Some issues are constrained by cash flow, some are constrained by earnings growth, and some things are simply investments. The key to financial success is to control your expenses so that you live below your means.

      Carrying debt isn't a sign of bad financial planning as long as that debt is doing work for you. If you are paying 20% interest on debt, there is no way that money can be working for you... unless you are in the drug trade I guess.

    61. Re:WTF? by Peter+La+Casse · · Score: 1

      In general that's good advice, but at this particular moment in time, it is best to be cautious about the prospect of buying a house. If you can afford it, great; there will probably be better deals this time next year though.

    62. Re:WTF? by Atario · · Score: 1

      Ah, selective hearing. It's ironic that you quoted me and still only read part of my sentence. If you'd bothered to read it all you would have seen that I blamed poor lending standards as well as people who wanted to live beyond their means.

      Oh, I saw it. But I decided to let slide the tactic of "no, we're all to blame, so let's not blame anyone in particular".

      And the borrower doesn't share in the responsbility in that scenario? Would you take out a loan that you had no chance of being able to repay even if the bank was willing to let you do it?

      I might, if they, being the authoritative money experts, told me it would be no problem and that this is all pretty standard and not to worry too much about it, just sign here plzkthx.

      The expert has the responsibility in dealing with the non-expert to deal correctly and honestly, which didn't happen in this case, due to...you guessed it, insufficient regulation.

      The citizenry does share some of the blame here. Have you seen the neighborhoods in CA and FL that were hardest hit by this? They are all filled with McMansions that invariably had two SUVs in the driveway and at least one big screen TV in the house. I have very little sympathy for this "keep up with the Jones'" manner of living.

      I'm not going to defend rampant consumerism, but I will point out that if people think they can do it, they will. And what they think they can do is, unfortunately, increasingly determined by the same type of corporate pushers that got them into the outsize loan in the first place.

      Also, it is instructive to remember that, not too long ago in this country, a simple blue-collar worker made enough to support a family (single income!), own a house and multiple cars, and live without too much worry about everything going sour. The laissez-faire attitudes inflicted on us since Reagan have swept that standard of living and that kind of job right out, to Mexico and China and so forth. But people still think that's the baseline norm available to them -- after all, things get gradually better over time, not worse, right? And, hey, I'm not even a lowly factory line worker, I'm a white-collar office worker! I should be even better off than that! Right? Unfortunately for this line of thinking, politics and policies do matter.

      What we are seeing is reality crashing into theory.

      However, the citizenry -- some of them -- did in fact vote the Republicans into office, so, ultimately, I suppose you're right about them having screwed up and needing to fix that mess, in a way.

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    63. Re:WTF? by mcgrew · · Score: 1

      In the US most poor people work, often at two jobs. The cashier at Walmart is poor, the cook at McDonald's is poor, the waitress at your favorite eatery is likely poor. These are the people who should be getting help, as when you give them money it goes straight back into the economy, AND they're the people who actually create the wealth that the rich aggregate. Give money to the rich and they'll just pocket it.

    64. Re:WTF? by Shakrai · · Score: 1

      I might, if they, being the authoritative money experts, told me it would be no problem and that this is all pretty standard and not to worry too much about it, just sign here plzkthx.

      Then that makes you an idiot. I read everything that I sign and have little sympathy for those that don't. If I don't like what I read then I don't sign it. If I don't understand what I read then I postpone signing it until I can research it or find someone who does understand.

      The expert has the responsibility in dealing with the non-expert to deal correctly and honestly, which didn't happen in this case, due to...you guessed it, insufficient regulation.

      The expert has the responsibility of being honest (otherwise it's fraud) but I dispute that the expert has the responsibility of holding the hands of the non-expert. Nobody held a gun to your head and forced you to sign that 50 year interest-only adjustable rate mortgage.

      However, the citizenry -- some of them -- did in fact vote the Republicans into office

      Yes, it's all the fault of the Republicans. Sorry, this is where I stop taking you seriously.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    65. Re:WTF? by mcgrew · · Score: 1

      Unless you can't swim.

    66. Re:WTF? by ultranova · · Score: 1

      Yes, because the way to get out of a 10 foot deep hole that is filling with water is to dig deeper.

      Well, yes. If you have tools to dig, just start digging a nice ramp for yourself from one of the walls. Or, if you know that the thing is really going to fill to the brink, just float and wait.

      But seriously, it's always stuck as somewhat perverse to me: if there's more production than consumption, shouldn't that help economy - after all, wealth is being accumulated, assuming that what's being produced is worth anything? There's something very fundamentally wrong with economy that's based on selling and reselling crap.

      I just today saw a pretty new TV on a flea market for a price I could easily afford, but didn't buy it simply because I figure that if it's seen any use at all it'll break down soon, and in fact even if it hadn't seen any use it would break down soon. Meanwhile, the one I have now, an old piece of crap just plain keeps working, despite having cracks on the screen. I haven't bought an X-Box 360 because, by all accounts, they are noisy and have a tendency to break (and break game disks while at it). I don't buy computer games because they come with DRM which has a pretty good chance of breaking my computer. Hell, nowadays I try to avoid buying stuff at all not because I couldn't afford it, but simply because dealing with the inevitable problems is just too much pain.

      Hooray for crap.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    67. Re:WTF? by plague3106 · · Score: 1

      If someone is creditworthy and being stingy, why would they want credit? They aren't looking to spend.. regardless of available credit or not. Someone who's income is not secure is not creditworthy, I think you'll agree.

      I was truely suprised when people said credit was impossible to get. My side business got a credit card at double the amount of my previous one, with a 0% APR for one year to boot. I know it's not the norm, but it disproves "nobody can get any regardles of their credit rating."

    68. Re:WTF? by 99BottlesOfBeerInMyF · · Score: 1

      The military doesn't create wealth. Programmers, machinists, cooks, carpenters, electricians, etc create wealth. Most of our poor are NOT in the military.

      True, the military does not create wealth. It does, however, redistribute it, mostly from the middle class to the very poor. Most soldiers come from the very poor lower class and it is one of the ways they still have some upward mobility and hope of going to college. Reducing the number of soldiers we support can and does reduce the amount of wealth available to the poorest parts of our society and will worsen the economic crisis. My point is, simply reducing government spending on the military is not beneficial unless that spending is replaced with programs that create at least as many jobs and opportunities for the poor. Repurposing some of the military to other tasks is also an option.

    69. Re:WTF? by mcgrew · · Score: 1

      The two points are separate. The stingy's credid doesn't, as you say, affect his stinginess at all. Lack of credit and unwillingness to spend are two separate problems that are contributing to the problem.

      I've not been trying to get credit, so my info there is 2nd hand. The newspapers are talking about the credit crunch, and a friend who is in construction says it's not impossible to get his needed credit, but despite his excellent credit rating he has to shop for credit.

    70. Re:WTF? by Atario · · Score: 1

      Then that makes you an idiot. I read everything that I sign and have little sympathy for those that don't. If I don't like what I read then I don't sign it. If I don't understand what I read then I postpone signing it until I can research it or find someone who does understand.

      I see. So when you go to buy a house, you call up your lawyer and get him to review everything you sign, at N hundred dollars per hour. Also, you pay economic advisers to tell you whether what you're considering is feasible. It must be nice to be so rich. Unlike the rest of us "idiots", who assume that the law should and will, you know, actually protect us against being preyed upon, and against having our economy and society ruined. But I guess expecting a government of, by, and for the people to help its people is just stupid, huh?

      The expert has the responsibility of being honest (otherwise it's fraud) but I dispute that the expert has the responsibility of holding the hands of the non-expert. Nobody held a gun to your head and forced you to sign that 50 year interest-only adjustable rate mortgage.

      Uh-huh. And for them to tell you that you will be fine with that loan is still being honest, I guess.

      Yes, it's all the fault of the Republicans. Sorry, this is where I stop taking you seriously.

      Do so at your own peril. Republican mismanagement and policies that protect the select few and screw the rest of us are exactly what brought us to this point, and anyone who has been paying attention already knows this. Keep supporting them and you'll get exactly what you deserve. Sadly for the rest of us, we'll get what you deserve too.

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    71. Re:WTF? by SpartaChris · · Score: 1

      The problem is a general lack of a financial education in school. Schools don't teach financial discipline when really they should be required to teach things like what interest really means and how it can compound, why putting money into a 401k or IRA and why investing in the stock market for the longer term are good things, and why you don't want to over leverage yourself to the point where one small blip makes your whole financial health crumble. Instead of teaching students how to purchase assets instead of liabilities, or why you should put 10% of your paycheck into savings before you spend money on anything else (Pay yourself first,) they teach you how to balance your checkbook and apply for a credit card. But of course, it's un-American to have an educated population. Who else are you going to sucker in to your high percentage credit card and ARM?

    72. Re:WTF? by Anonymous Coward · · Score: 0

      Good for you. (I mean that in all seriousness.)

    73. Re:WTF? by Shakrai · · Score: 1

      I see. So when you go to buy a house, you call up your lawyer and get him to review everything you sign, at N hundred dollars per hour. Also, you pay economic advisers to tell you whether what you're considering is feasible. It must be nice to be so rich.

      Spare me the attempt at biting sarcasm. I don't call a lawyer to review every contract that I sign. I read them myself and if there's something that I don't understand I seek advice or do research on the subject. Public libraries are free the last time I checked and should be ample to research most matters. For something with a 30 year commitment (i.e: mortgage), I would probably pay a lawyer for a consultation before I signed it, but to each their own.

      As far as "economic advisers" go, if you haven't already figured out your budget situation and how much house you can afford then you have no business buying a house. It's not exactly rocket science to use a calculator. A spreadsheet is even more useful and can be comprehended by most people with a little bit of training and practice.

      But I guess expecting a government of, by, and for the people to help its people is just stupid, huh?

      Oh my gosh, whatever did we do before we had the government to sit with us at our closing and make sure the big bad bank didn't rip us off? Tell me, how can I get some government help getting my car fixed? I'm convinced that my mechanic is ripping me off but he's using big words like "catalytic converter" and I don't understand what he's talking about. Is there a government program somewhere that can teach me about this stuff? Somebody told me to use "the google" but I don't understand what they mean.

      And for them to tell you that you will be fine with that loan is still being honest, I guess.

      So if I sell you something it's my responsibility to make sure that you can afford the product I'm selling you and that it represents the best deal possible for you?

      Do so at your own peril. Republican mismanagement and policies that protect the select few and screw the rest of us are exactly what brought us to this point, and anyone who has been paying attention already knows this. Keep supporting them and you'll get exactly what you deserve.

      Who said I support the Republicans? I've never voted for a Republican for any office higher than County Executive. I just stopped taking you seriously when your comments made it blatantly obvious that you are a political partisan. Any serious examination of the last 20 years would discover that both major political parties are to blame for our current situation. Funny how you mentioned everything that the Republicans did wrong but were silent on the topic of the last Democratic President who pushed through free trade policies that have gutted the American working class, deregulation policies that would have made Reagan smile, censorship policies and copyright policies that we've all come to know and hate.

      Take your blinders off and stop blaming the Republicans for everything that's wrong in this country.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    74. Re:WTF? by Eskarel · · Score: 1

      Well, that's fine if you want to continue to bury the US economy.

      Artificial growth is what caused this problem(and causes the vast majority of modern economic problems). You cannot have growth without an increase in value, and you can't increase value as fast as politicians want without some sort of revolutionary change. Huge growth in every industry in every year does not happen. You can't sell more cars than there are people who have money to buy them, you can't sell more homes than there are people who can afford them. Same goes for everything else.

      You can increase credit and debt to the point that everyone is buying so much stuff they can't afford that they're creating artificial growth, but if there isn't real value to pay for that debt you end up with a bubble and everything goes down the tubes.

      What the US(and most of the rest of the world) needs is to accept reasonable and sustainable levels of growth based on real increase in value.

    75. Re:WTF? by ClassMyAss · · Score: 1

      What if, the only thing that makes the stock markets rise is artificial inflation?

      Define "artificial." Artificial or not, the money that freely flowing credit spreads through the system actually turns into real production, and generates tangible wealth that would not have been created without the use of credit.

      What we're seeing now is that turning off that spigot causes contraction in production, and that was certainly in part because it was left wide open before; that doesn't indicate to me that there's anything economically unsound about a partial reliance on credit. It just suggests that we can't push it too far either way or it causes unpredictable effects.

    76. Re:WTF? by ClassMyAss · · Score: 1

      Taking money out of the economy to process it through government hands and put less money back into the economy is insanity.

      Not at all, or at least not as obviously as you seem to think. It's certainly theoretically possible (probable, even) for an economy to respond better to an optimal distribution of wealth than a less optimal one, even if the total initial wealth in the optimal case is lower due to waste while achieving that configuration. An economy is not a zero sum situation like a reservoir; wealth does not just sit around, it is the raw material which new wealth is forged of, and it is almost certain that in our current economy there are bottlenecks where wealth has pooled and could be more effectively exploited elsewhere, even factoring in a hefty price for the reallocation.

      The question, of course, is whether the people doing the shuffling really have any clue about what those bottlenecks really are and where the optimal places to move wealth to would be. Liberals and conservatives generally assert that the bottlenecks are completely opposite, so I'd venture a guess that nobody has a goddamn clue what they're talking about, or if they do, it's completely and utterly by accident.

      Of course, it's also worth considering that we're not all trying to optimize the same utility function - overall economic progress may be a lofty goal, but some people will feel that things like median wealth (as opposed to mean) speak better to our collective success, so it's completely possible that everyone may be right, they're just using different measures of success.

    77. Re:WTF? by MyrddinBach · · Score: 1

      In most places and most times, you can buy a place for a smaller monthly payment than you can rent it.[1]

      I don't know this "most places" you speak of... where are they? In my experience in most cities where most people live cost of owning a house is 3-4x renting.

      I currently rent a studio @ 920/mo. If I wanted to buy a house in the city I live in I would be paying 3-4k/mo. Unless I wanted to live in a leaky shack - then it might be just 2k/mo.

      And don't get me started on all the condos going up everywhere - even now. Advertising for new homes "Starting at just $1 Million"

      That and my less then perfect credit and I would be lucky to be able to buy a doghouse.

    78. Re:WTF? by Renraku · · Score: 1

      After you pay it all off, every red cent, something will happen that will drive you back into debt. As in, you're in a car wreck with an uninsured driver. He's faulted but disappears because he had a fake ID and no SSN. Your insurance company refuses to pay. You're now carless.

      Hope you have enough savings to buy transportation in one form or another.

      Or what about being laid off from your job, and then contracting MRSA as soon as your health insurance runs out? You'll be at least ten thousand in debt if you have to stay at the hospital for a few days.

      And you know what? You won't get a damn cent of any bailout money, any stimulus package, or any of that $800 billion. Rest assured, however, the people that don't want jobs and don't look for jobs will sit at home and collect welfare, food stamps, and possibly unemployment checks. They'll have cars. They'll have food. Will you?

      America's safety net system is more of a hammock than a safety net. One people get to the bottom, a large percent stretch out and enjoy the good life. After all, living in a decent place, having enough food to eat, and having a vehicle is pretty cool. Especially when you can wake up at noon and do whatever the hell you want, within the law.

      --
      Job? I don't have time to get a job! Who will sit around and bitch about being broke and unemployed then?
    79. Re:WTF? by swillden · · Score: 1

      You're comparing apples (studio apartment) and oranges (house). Of course the house costs more. Compare renting a house vs buying the same house. Also, compare buying a single-room condominium with renting one -- although that may not work out as well because condos don't appreciate the way houses do.

      As for the costs, well, you might consider a different location. I have a 3500 square-foot home on 1/2 acre of land, and my monthly payment is $1200. I'm going to build a brand new home on 6 acres in a year or two, 4500 square feet, nearly self-sufficient with power (solar and geothermal) and water (well), and my payment on that will be less than $2K.

      But then, you probably like living in the city. Personally, I like my nearest neighbors to be horses and cows, and I am really looking forward to being able to put a shooting range in my back yard. :-)

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    80. Re:WTF? by swillden · · Score: 1

      Perhaps. Trying to time the housing market is a lot like trying to time the stock market. You can probably make a little more if you're smart and careful, but the best choice for most people is to invest what they can when they can and trust the long-term trends. There are exceptions, and perhaps where you live there's still enough of a housing bubble to make that so. Where I live, I don't expect much more correction in housing prices; they're already relatively low.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    81. Re:WTF? by bwcbwc · · Score: 1

      Under a balanced budget, the government does not put less money into the economy than it takes out. The money that the government doesn't use to fund projects for the states and other organizations is paid to government employees. Who spend it in the economy. The effect of a dollar used by the government is comparable to the effect of a dollar used by any other entity. It's probably better in fact, because the government isn't paying wages to sweatshop workers in overseas factories.

      The real issue is that the government is taking money out of the future economy (debt) to subsidize the current economy. If the stimulus helps the economy grow faster than it would otherwise, then there's no problem: the gain in GDP due to the accelerated growth counteracts the loss in GDP required to service the debt. The money that the government spends to pay interest is the real danger, because that money generally goes to China nowadays, just like most of our consumer dollars. But at least the consumer dollars bounce around between McDonald's, Best Buy and Walmart a couple of times before they leave the country.

      --
      We are the 198 proof..
    82. Re:WTF? by Atario · · Score: 1

      I read them myself and if there's something that I don't understand I seek advice or do research on the subject. Public libraries are free the last time I checked and should be ample to research most matters. For something with a 30 year commitment (i.e: mortgage), I would probably pay a lawyer for a consultation before I signed it, but to each their own.

      As far as "economic advisers" go, if you haven't already figured out your budget situation and how much house you can afford then you have no business buying a house. It's not exactly rocket science to use a calculator. A spreadsheet is even more useful and can be comprehended by most people with a little bit of training and practice.

      I see. And those who are not as assiduous as you don't deserve to be protected by the law? And those taking advantage of those people deserve to continue doing so without hindrance? So it would seem you believe.

      Oh my gosh, whatever did we do before we had the government to sit with us at our closing and make sure the big bad bank didn't rip us off? Tell me, how can I get some government help getting my car fixed? I'm convinced that my mechanic is ripping me off but he's using big words like "catalytic converter" and I don't understand what he's talking about. Is there a government program somewhere that can teach me about this stuff?

      Well, let's see: are you ruined for life if your mechanic overcharges you by $100? Also, as long as you're Googling, you might want to know that there are, in fact, regulations governing auto repair.

      So if I sell you something it's my responsibility to make sure that you can afford the product I'm selling you and that it represents the best deal possible for you?

      Strawman much? We're talking about telling you that yes, you can afford what you are about to do with us and there will be no problems, knowing it's a lie.

      I just stopped taking you seriously when your comments made it blatantly obvious that you are a political partisan.

      Untrue. A partisan blindly supports something. I oppose -- and far from blindly -- something. And before you say "but there are good Republicans", there really haven't been any of note since a point some decades before I was born, which is saying something. So it's pretty safe to approximate the value to "always oppose".

      Any serious examination of the last 20 years would discover that both major political parties are to blame for our current situation

      In a sense, yes. The Democrats have repeatedly fallen down on the job of calling the Republicans on their crap.

      Funny how you mentioned everything that the Republicans did wrong but were silent on the topic of the last Democratic President who pushed through free trade policies that have gutted the American working class, deregulation policies that would have made Reagan smile, censorship policies and copyright policies that we've all come to know and hate.

      First, NAFTA. From your own link: "Following diplomatic negotiations dating back to 1990 between the three nations, the leaders gathered together in San Antonio Texas on December 17, 1992 to officially sign NAFTA. U.S. President George H.W. Bush, Canadian Prime Minister Brian Mulroney and Mexico's President Carlos Salinas, each responsible for spearheading and promoting the agreement, made history that day when they ceremoniously signed the agreement." Bush I rammed that crap through. No points to Clinton for not vigorously opposing it, not to mention it was the Congress that approved the thing, but there ya go.

      The others: passed by veto-proof majority in a Republican-controlled congress. Again, no points to Clinton

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    83. Re:WTF? by Shakrai · · Score: 1

      And those who are not as assiduous as you don't deserve to be protected by the law?

      Why is it that liberals (or progressives or whatever you call yourselves these days) always assume that somebody who doesn't think we need the government to hold our hands thinks that people don't deserve to be protected?

      Strawman much? We're talking about telling you that yes, you can afford what you are about to do with us and there will be no problems, knowing it's a lie.

      Again, if you didn't do the research on your own to figure that out then I don't have a lot of sympathy for you. If that makes me a cold son-of-a-bitch then so be it. If I'm selling you something it's not my job to make sure you can afford it. The bankers should probably be punished for a lot of reasons (fraud comes to mind) but that doesn't mean I'm not sick of this "think of all the people who can't think for themselves!" whining. It turned me off to liberalism and made me realize that what you guys are peddling is really no better than what the GOP is peddling.

      He and Hillary are the DLCers, the ones who think Democrats need to become more like Republicans in order to win elections -- which is to say, they have an essential urge to capitulate to evil

      Evil? That's a mighty big word you've used there. There's evil in this world -- open a history book, take a trip to Burma or try to enroll in school in Afghanistan as a female -- but calling a major American political party 'evil' just makes it that much harder to take you seriously. 1/3 of this country is 'evil'? Really? Give me a fucking break.

      On the other hand, the Republicans have done nothing but gleefully press the pedal to the metal in rushing our country to the cliff's edge, so I shall give them no quarter whatsoever

      Have fun with the next four or eight years of Democratic dominance. I don't think you'll find that they do any better. The only difference is which freedoms we'll lose. Eventually the Democrats will overstep in the same manner as the GOP has overstepped and the pendulum will swing the other way. Too bad the sane people among us get clonked on the head by that pendulum every time it swings from the far-left to the far-right and back again.

      Enjoy your partisan delusion that the Democrats are actually better than the Republicans. Meanwhile I'll try to live my life like most Americans. Try not to steal too much of money or take away too many of my guns in the meantime, ok?

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    84. Re:WTF? by plague3106 · · Score: 1

      Well, if most aren't willing to spend, that surely includes people that could get credit, right? I'm just not seeing where the demand is for credit of no one is willing to spend.. regardless of their credit score. Credit card debt has shurnk for the first time EVER. People AREN'T wanting to spend, and they want to get RID of the credit they have. So "frozen credit" is not an issue.

      If you listen to the newspapers, we are in the midst of the second Great Depression. Reality is more like we're in a 70s style recession. At least, I've not seen breadlines everywhere, are you? The news is overhyping things to sell papers... gloom and doom headlines move papers and get people watching. The side effect though is that people get easily scared and thus cut spending more... and creating a self fulfilling prophecy.

      Take the PB salmonila. If you take 600 / 3000000 you get a REALLY low number. That's the percentage of the population that got sick from PB. Clearly, your chances of getting sick are low... especially when you factor in that 300 of those cases are children, and the rest likely elderly. Then think about what happens if you actually are infected with salmonila. You get diherria. It's almost never life threatening... but people are treating PB as if it carried HIV. So again.. the news pumping up nothing really and getting everyone afraid, and having a real effect.

    85. Re:WTF? by mcgrew · · Score: 1

      Most of the US's poor aren't in the military, and most servicepeople aren't poor (although the lower ranking ones are).

      The military can help individuals escape poverty, but as it doesn't produce wealth it doesn't help the economy. The guy frying burgers DOES produce wealth, even though he's producing it for someone else.

      Wealth is produced only by making stuff and growing stuff. Everything else is just paper shuffling.

    86. Re:WTF? by mcgrew · · Score: 1

      If you listen to the newspapers, we are in the midst of the second Great Depression. Reality is more like we're in a 70s style recession

      So far you're right. Unemployment in the Great Depression was around 30% and was still 20% when WWII started. By next year we could very well be in a depression, though. You're right about the newspapers, too. And I think the current recession has the same root cause as the 70s recession - high gasoline prices. When I went to Thailand in the USAF in 1973 gasoline was $.30 a gallon, when I got back in 1974 it had more than doubled. The price of gasoline quadrupled from when Bush took office to last summer. The fact that it's now less than double what it was in 2000 gives me hope.

      At least, I've not seen breadlines everywhere, are you?

      Actually, yes. I know employed people who eat at the St. John's breadline. And there's a charity food bank on South Grand that has lines going down the street on Saturday mornings.

      AND they didn't have food stamps back in the '30s. And Springfield hasn't really been hit that hard by the recession, as its main "industry" is state government.

      Actually the 70s were worse than now (so far); higher unemployment, stagnant wages, and high inflation. Economically it was a very bad time to be a young man. However, in other respects I miss the 70s. Pot was going to be lagal "any day now", and as there was cheap and effective birth control and there were no STDs that weren't easily curable, women would come up and ask "wanna fuck?" The only ones that do that these days are prostitutes.

      The US bicentennial was one hell of a nationwide stoned drunken orgy. It was a great time to be a young man, despite the recession and inflation and gas lines.

    87. Re:WTF? by MobyDisk · · Score: 1

      I guess by "artificial" I meant what you said about pushing it too far.

    88. Re:WTF? by plague3106 · · Score: 1

      So far you're right. Unemployment in the Great Depression was around 30% and was still 20% when WWII started. By next year we could very well be in a depression, though.

      That's a hard statement for me to accept.. given that we don't even really have a definition of depression. We have a period in history called the Great Depression.. that's about it. Saying we may well get that bad I feel is a stretch.

      Actually, yes. I know employed people who eat at the St. John's breadline. And there's a charity food bank on South Grand that has lines going down the street on Saturday mornings.

      I'd have to double check, but I believe IL has been one of the states harder hit by the economy. I certainly haven't seen anything in my city. Food banks have seen a rise in need, but I hardly think it matches anything in the Great Depression.

      AND they didn't have food stamps back in the '30s.

      Food stamps pay very little. I'm guessing you're suggesting that we might not see breadlines is because people are getting food stamps.

      And Springfield hasn't really been hit that hard by the recession, as its main "industry" is state government.

      Huh? IL state goverment is in some pretty serious finanical trouble, according to this. State employees all over are being let go or having pay cut as state goverments suddenly have no income. So I wouldn't be suprised if things were worse in Springfield accordingly.

      Actually the 70s were worse than now (so far); higher unemployment, stagnant wages, and high inflation. Economically it was a very bad time to be a young man. However, in other respects I miss the 70s.

      Well, I can't say I have any firsthand knowledge, just the research I did on recessions of the past. I think it's encouraging that we aren't as bad as the 70s.. we might not get that bad either. Nobody really knows. Of course, government spending didn't get us out of the Great Depression, WW2 did. Hopefully that won't be the only way for us to get out of this mess... but fortunately we seem pretty far off from getting that bad.

      Pot was going to be lagal "any day now", and as there was cheap and effective birth control and there were no STDs that weren't easily curable, women would come up and ask "wanna fuck?" The only ones that do that these days are prostitutes.

      Ha. Well HIV started in mainly gay populations in the late 70s. If I'm remembering my health classes correctly. But yes, that does sound nicer than today... which Bush and his policy of "abstence is the only form of birth control" religious nonsense. Although I'm hearing PP advertising on the radio to ask about free birth control and family planning.. so hopefully that's Obama's influence helping turn things around.

      The US bicentennial was one hell of a nationwide stoned drunken orgy. It was a great time to be a young man, despite the recession and inflation and gas lines.

      Well, maybe if you have nothing, might as well get stoned, drunk and laid! Maybe some good can come of this after all! ;-)

    89. Re:WTF? by mcgrew · · Score: 1

      we don't even really have a definition of depression

      Humorist Will Rogers defined it in the 30s: "When your neighbor's out of work, it's a recession. When YOU'RE out of work it's a depression!"

      We have a period in history called the Great Depression

      We have had other periods called depressions, as well. There was, for example, the Long Depression in 1873.

      I believe IL has been one of the states harder hit by the economy.

      You're probably right, but Springfield is an exception to most of the state since it's the capital. Southern Illinois near Kentucky has high unemployment even in good times.

      Food stamps pay very little.

      True, about $150 per month per person (I know quite a few people who depend on them).

      IL state goverment is in some pretty serious finanical trouble

      They haven't been laying state workers off. They've done things like delay payments to medical providers, nursing homes, etc, but this affects the state as a whole rather than just Springfield. Construction workers I know are in trouble, though.

      When disgraced former Governor Blogabitch first took office he pared the state's workforce down considerably, giving early retirement and laying off a whole lot of clerical workers and front line personnel. But there haven't been any recently. California, otoh, has laid off a lot of state workers and reduced some pay.

      When they lay off state workers it's usually the workers in the rest of the state, rather than the administrative workers who are in Springfield.

      Of course, government spending didn't get us out of the Great Depression, WW2 did

      True, but by the time the war started unemployment had gone from 30% at its highest in 1932 to 20% (they just had a show on that on the History channel a week or so ago).

      Well, maybe if you have nothing, might as well get stoned, drunk and laid! Maybe some good can come of this after all! ;-)

      I'll drink to that!

    90. Re:WTF? by plague3106 · · Score: 1

      We have had other periods called depressions, as well. There was, for example, the Long Depression [wikipedia.org] in 1873.

      Still, if you look at Wikipedia, it acknowledges we don't have any kind of real definition. We label periods as such.. either because we look after the fact and say "wow, that sounds REALLY bad" or perhaps due to the headlines of the time. Headlines today sound familar to me. I've seen several already claiming we already ARE in another Great Depression.

      True, about $150 per month per person (I know quite a few people who depend on them).

      That's about what I thought, so I'd expect that even with food stamps we'd see ALOT more people at the food shelters if things were as bad as they were in the great depression.

      They haven't been laying state workers off. They've done things like delay payments to medical providers, nursing homes, etc, but this affects the state as a whole rather than just Springfield. Construction workers I know are in trouble, though.

      Pay cuts? Reduction in benefits? I'd be suprised if state workers have been completely unaffected so far. Vermont has a rainy day fund, and so far is one of the states least hit by the recession... and they've already laid off state workers.

      When disgraced former Governor Blogabitch first took office he pared the state's workforce down considerably, giving early retirement and laying off a whole lot of clerical workers and front line personnel. But there haven't been any recently. California, otoh, has laid off a lot of state workers and reduced some pay.

      So what's your explaination for employed people needing help getting food?

      True, but by the time the war started unemployment had gone from 30% at its highest in 1932 to 20% (they just had a show on that on the History channel a week or so ago).

      Heh. It was a show on the History Channel where I most recently was told the war got us out of WW2 (the first being history class, and I've seen this said plenty of times inbetween). There was on about the current crisis on recently.

      I'll drink to that!

      Now all we need are the horny girls ;-)

    91. Re:WTF? by mcgrew · · Score: 1

      Pay cuts? Reduction in benefits? I'd be suprised if state workers have been completely unaffected so far.

      I'm surprised too, but so far they haven't been hit. I have a dinner date Friday with a woman who works for the Dept of Transportation.

      So what's your explaination for employed people needing help getting food?

      Minimum wage doesn't buy much.

      Now all we need are the horny girls ;-)

      Sadly, these days thay charge $20

    92. Re:WTF? by Atario · · Score: 1

      Why is it that liberals (or progressives or whatever you call yourselves these days) always assume that somebody who doesn't think we need the government to hold our hands thinks that people don't deserve to be protected?

      Why is it that libertarians (or RonPaulItes or whatever you call yourselves these days) always try to belittle government protections by calling them "holding our hands"?

      Again, if you didn't do the research on your own to figure that out then I don't have a lot of sympathy for you. If that makes me a cold son-of-a-bitch then so be it. If I'm selling you something it's not my job to make sure you can afford it. The bankers should probably be punished for a lot of reasons (fraud comes to mind) but that doesn't mean I'm not sick of this "think of all the people who can't think for themselves!" whining.

      So you agree that the banks have wronged people, and that they need to be punished, but your overriding concern is that we make sure not to show the banks' victims any sympathy? Talk about whining...

      Evil? That's a mighty big word you've used there. There's evil in this world -- open a history book, take a trip to Burma or try to enroll in school in Afghanistan as a female -- but calling a major American political party 'evil' just makes it that much harder to take you seriously. 1/3 of this country is 'evil'? Really? Give me a fucking break.

      Just because one evil is more egregious than another does not excuse the lesser. And since I am a citizen of neither Burma nor Afghanistan (nor a history book), my immediate concern is to reduce the evils here and now at home.

      And, no, 1/3 of this country isn't evil. The majority of that 1/3 is merely duped or bullied by the actually-evil remainder.

      Have fun with the next four or eight years of Democratic dominance. I don't think you'll find that they do any better.

      I think they could hardly do worse.

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    93. Re:WTF? by Shakrai · · Score: 1

      Why is it that libertarians (or RonPaulItes or whatever you call yourselves these days) always try to belittle government protections by calling them "holding our hands"?

      Why is that liberals always answer a question with a question? ;)

      Actually, while I'm not a libertarian on anything other than civil liberties, I would answer with my belief that after you reach the age of majority you bear a certain amount of responsibility for yourself. I don't expect the government to hold my hand throughout my lifetime and am perfectly happy to let the chips fall as they may regarding my decisions. I'll take the freedom to screw up over the benevolent government that seeks to protect me from myself any day of the week.

      Moreover, I've grown weary of the nanny state as I've gotten older. Here in NY our Governor wants to impose an "obesity tax" on soda. I have a serious problem with that, because A) Soda in moderation is perfectly fine, B) A tax won't teach people moderation, C) If I know it's bad for me and decide to do it anyway then why should Albany or Washington care? I'm a grown up. My body, my choice, right?

      IMHO, taxes exist to fund Governmental operations. They don't exist to encourage behavior that happens to be politically popular at the current moment in time. I don't care if that behavior is home ownership (the mortgage interest deduction) or living a healthy lifestyle (extra taxes on alcohol, tobacco, soda and the outright prohibition of recreational drugs)

      And, no, 1/3 of this country isn't evil. The majority of that 1/3 is merely duped or bullied by the actually-evil remainder.

      Typical partisan thinking. Anybody who doesn't agree with you is being "duped". Maybe we need a governmental agency to verify truth in political advertising since we are all too stupid to judge politicians for ourselves?

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    94. Re:WTF? by Atario · · Score: 1

      Why is that liberals always answer a question with a question? ;)

      Um...I'm rubber and you're glue? :)

      after you reach the age of majority you bear a certain amount of responsibility for yourself. I don't expect the government to hold my hand throughout my lifetime and am perfectly happy to let the chips fall as they may regarding my decisions. I'll take the freedom to screw up over the benevolent government that seeks to protect me from myself any day of the week.

      That's all well and good, but there is a difference between holding your hand and preventing fraud (or other crimes). It's one thing to tell you to make your decisions in such-and-such a way, and quite another to let someone else trick people (including possibly you) into some folly. And anyway, the point of any law is always supposed to be to protect the public. Your framing of the issue as one of nanny-state hand-holding could equally well be applied to nearly anything. E.g.: "Why should the government babysit me by insisting on making _____ illegal? I can take care of myself, dammit!" Fill in the blank: false advertising, selling unsafe food, driving like a maniac, insider trading, assault, even murder. It all comes down to the arguer's assertion of machismo.

      Here in NY our Governor wants to impose an "obesity tax" on soda. I have a serious problem with that, because A) Soda in moderation is perfectly fine, B) A tax won't teach people moderation, C) If I know it's bad for me and decide to do it anyway then why should Albany or Washington care? I'm a grown up. My body, my choice, right?

      Well, ignoring whatever the actual situation on the ground may be there, let's say for the sake of argument that the state of New York has so many people drinking so much soda that it's causing a genuine public health crisis. You're the government. What to do?

      • Do nothing? Well, that's no help! Didn't you hear me? I said, "public health crisis"!
      • Make it illegal to manufacture and sell soda that's not watered down to some specified level? You might have riots, you'd probably have people juicing their own soda back up at home anyway, and you'd almost certainly get voted out next go-round.
      • Make it illegal to drink more than a certain amount of soda per day? How the hell are you going to enforce that?
      • Public awareness campaign? Yeah, right. It might have some effect ten years from now, if you're really effective at it. Plus, you'll need money for that.
      • Start an R&D program to find out why the soda has the negative health effects, and come up with a reformulation that doesn't cause the problems (as much)? (And then legally require soda to be formulated that way, of course.) Well, if you can make it work, an engineering solution is always welcome. But there's no telling whether it can be done, or how long that will take, or whether there will be worse side-effects, without actually doing it. Plus, you need money for that, too.
      • Make the soda more expensive...somehow? If you made it expensive enough (and maybe gradually enough), it might actually discourage enough people from soda to do some good. And you'll have the most effect, obviously, on those buying the most soda. I can think of two ways to make it more expensive: tax it, or restrict production. The latter is tricky, as it doesn't take much of an error in setting the production cap to cause runaway hoarding, speculation, etc. -- a Soda Bubble. (Heh.) Taxes, on the other hand, generate revenue (with which you can fund that public awareness campaign and/or R&D program, if you want).

      All things considered, taxing it isn't a bad way to go.

      Typical partisan thinking. Anybody who doesn't agree with you is being "duped".

      I'm trying to be charitable here and give them

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    95. Re:WTF? by Shakrai · · Score: 1

      That's all well and good, but there is a difference between holding your hand and preventing fraud (or other crimes). It's one thing to tell you to make your decisions in such-and-such a way, and quite another to let someone else trick people (including possibly you) into some folly.

      Again, if I'm selling you something it's not my responsibility to make sure you can afford it or that it's the best deal possible for you. As long as I don't misrepresent my product (this mortgage is going to cost you $1000/mo forever when I know the rate is going to adjust in 3 years) I don't see what the problem is.

      Do nothing? Well, that's no help! Didn't you hear me? I said, "public health crisis"!

      That's exactly what you do. If it was a public health crisis caused by outside factors (let's say TB for the sake of the argument) then Governmental intervention would be called for. If my neighbor has TB and opts not to get treatment he's placing my family and the entire community at risk.

      If my neighbor is a fatty because he lives off soda and big macs that's no threat to me or the community and thus no business of the Government. As I said I'm sick of the war on vice. It's this type of paternalistic thinking that has turned me off to liberalism. By all means educate people about the consequences of their decisions but you have no right to try and raise the cost of something I enjoy doing (be it drinking soda or beer, smoking pot or tobacco, skydiving, or any number of other activities that may be dangerous) just to encourage me to modify my behaviors.

      Taxes, on the other hand, generate revenue (with which you can throw into the general fund to fund completely unrelated projects).

      Fixed that for you.

      It could only help, judging by the amazing frequency with which certain people still go around saying "Obama is a Muslim/Arab/Demon/Alien Overlord/What-Have-You".

      Amazing. Now you want to regulate speech. I can say whatever I want about Mr. Obama as long as I'm not making threats on his life or person. If you don't like that then move somewhere else. Smart people realize that he isn't a Muslim -- you don't have the right to restrict my freedom of speech because of the 10% of us that are dumb enough to fall for internet rumors and innuendo.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    96. Re:WTF? by Atario · · Score: 1
      I'm starting to think you're being deliberately obtuse. Observe:

      Again, if I'm selling you something it's not my responsibility to make sure you can afford it or that it's the best deal possible for you. As long as I don't misrepresent my product (this mortgage is going to cost you $1000/mo forever when I know the rate is going to adjust in 3 years) I don't see what the problem is.

      I didn't say anything...again...about "mak[ing] sure you can afford it or that it's the best deal possible". When did I say that? Seriously, you keep throwing that up like it's my point. The point is that the bank says "We have criteria to make sure you're able to pay us back, since, obviously, we want you to pay us back. [Compute, compute] Ok! Looks like you're in great shape, let's do this!" Meanwhile, they know you can't (or didn't get enough information to know). They just want the commission for originating the loan, knowing they're going to be selling it as though it were good debt to some other sucker down the line who will have to deal with it instead of them. This, my obtuse friend, is known as "fraud" and "predatory lending". Preventing it is not, repeat, NOT, "hand-holding". Next example.

      Do nothing? Well, that's no help! Didn't you hear me? I said, "public health crisis"!

      That's exactly what you do. If it was a public health crisis caused by outside factors (let's say TB for the sake of the argument) then Governmental intervention would be called for. If my neighbor has TB and opts not to get treatment he's placing my family and the entire community at risk. If my neighbor is a fatty because he lives off soda and big macs that's no threat to me or the community and thus no business of the Government.

      Ahem. PUBLIC HEALTH CRISIS . Meaning a large percentage of the population is having major trouble. Meaning the society is apt to lose many citizens/consumers/producers/etc., or the capacity thereof. Meaning if you don't do something, the whole state -- including you -- will suffer. Don't give me "hey, not my problem, man". The scenario I set up is specifically large and bad enough that you will have a problem. Yet you still sit there saying "why should I care, as long as I don't have to pay five cents extra for a soda". That's not just callous, that's self-sabotaging. Which makes me think, again, that you're making it your business not to get it. Ok, one more.

      Amazing. Now you want to regulate speech. I can say whatever I want about Mr. Obama as long as I'm not making threats on his life or person. If you don't like that then move somewhere else. Smart people realize that he isn't a Muslim -- you don't have the right to restrict my freedom of speech because of the 10% of us that are dumb enough to fall for internet rumors and innuendo.

      Wow. On this one, you're just tossing in whole new concepts. I read and back up your idea for a fact-checking agency ("PRESS RELEASE: This crap about Obama being a Muslim is stupid, and you're stupid if you believe or repeat it.") and you switch to "you want to censor people!!1!". I'm getting dizzy from the changing-the-subject whiplash.

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    97. Re:WTF? by Shakrai · · Score: 1

      The point is that the bank says "We have criteria to make sure you're able to pay us back, since, obviously, we want you to pay us back. [Compute, compute] Ok! Looks like you're in great shape, let's do this!" Meanwhile, they know you can't (or didn't get enough information to know)

      In other words you want the bank to tell you whether or not you can afford the loan. Do you also expect your cellular phone company to make sure you can afford that plan you are on and the car salesman to make sure you aren't buying too much car?

      This, my obtuse friend, is known as "fraud" and "predatory lending".

      No, fraud would be telling someone that the loan is going to cost X amount per month when you know it's really going to cost Y. Fraud is not telling them that it's going to cost X amount when they can only afford to pay Y amount. At the end of the day you know (or you should know) how much loan you can afford and it's your responsibility not to borrow more than that. The bank owes you no responsibility to figure this out for you. It owes it's shareholders and depositors the responsbility of making sure you aren't likely to default but that's another discussion.

      "Predatory lending" is so broadly defined that it's hard to know exactly what it means. I would tend to think it would mean the activities of payday lenders or Tony Soprano. You apparently think it should include my local community bank if they make the mistake of believing me when I give them my word that I can repay the money I'm about to borrow.

      Ahem. PUBLIC HEALTH CRISIS . Meaning a large percentage of the population is having major trouble. Meaning the society is apt to lose many citizens/consumers/producers/etc., or the capacity thereof. Meaning if you don't do something, the whole state -- including you -- will suffer. Don't give me "hey, not my problem, man". The scenario I set up is specifically large and bad enough that you will have a problem. Yet you still sit there saying "why should I care, as long as I don't have to pay five cents extra for a soda". That's not just callous, that's self-sabotaging. Which makes me think, again, that you're making it your business not to get it. Ok, one more.

      The large percent of the population is having self-inflicted trouble. Penalizing the people who aren't having trouble by making them pay more for a product that is completely harmless when consumed in moderation makes absolutely zero sense. Orange juice actually has more calories in it than soda does and if consumed to excess would also lead to weight gain. Should we tax that too?

      I'm sorry but I don't think it's any business of the state what I choose to put into my body. Whether I'm filling it up with Pepsi, OJ, vegetables, big macs, THC, booze or tobacco, it's none of your fucking business. It's also none of your fucking business whether or not I wear a seat belt but the nanny staters managed to pass that into law too.

      Wow. On this one, you're just tossing in whole new concepts. I read and back up your idea for a fact-checking agency ("PRESS RELEASE: This crap about Obama being a Muslim is stupid, and you're stupid if you believe or repeat it.") and you switch to "you want to censor people!!1!". I'm getting dizzy from the changing-the-subject whiplash.

      Who gets to hire the staff for the fact-checking agency? Politicians? Hmm, might the fact-checking agency then have a political slant? Why don't you grow up and realize that most people are actually smart enough not to need Governmental assistance to figure out when someone is lying to them.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    98. Re:WTF? by Atario · · Score: 1
      Ohhhhh kay. I'm going to try this one last time.

      In other words you want the bank to tell you whether or not you can afford the loan.

      [FACEPALM.JPG]

      It has nothing to do with what I want. Banks do, in actual fact, tell you whether you can afford the loan. (This may be a consumer protection law, I'm not sure without researching it.) Except since the Deregulate Business/Eviscerate Government Party Van arrived, they've been running quite the scam in lying about this. And now -- and this is a key point -- we're all boned because of it. And you seem more than happy to let all that happen, because you imagine that you are so super-competent that you couldn't possibly make a bad decision which will ruin your life, and that you're somehow an island apart from society and thus untouchable by the ravages the rest of us are subject to. Well, good luck with that, Superman -- we're all gonna be real sad the day you discover you're really Clark Kent.

      The large percent of the population is having self-inflicted trouble. Penalizing the people who aren't having trouble by making them pay more for a product that is completely harmless when consumed in moderation makes absolutely zero sense.

      Here, again, we see the attitude that you are above society and unaffected by it -- that harm to society as a whole has nothing to do with you, only those lameasses that have the temerity to make mistakes.

      We're all in this boat together. And the sooner you learn that, the better off you'll be.

      Orange juice actually has more calories in it than soda does and if consumed to excess would also lead to weight gain. Should we tax that too?

      Depends -- is there an orange-juice-based health crisis going on? No? Then I guess not, huh?

      I'm sorry but I don't think it's any business of the state what I choose to put into my body.

      That's the beauty of a tax. It doesn't prevent, it merely discourages.

      It's also none of your fucking business whether or not I wear a seat belt but the nanny staters managed to pass that into law too.

      Easy fix: don't wear a seat belt, disable those nanny-state-required airbags, and ram your vehicle into a thick tree at high speed. You won't get a scratch, because you're impervious. That'll show 'em.

      Who gets to hire the staff for the fact-checking agency? Politicians? Hmm, might the fact-checking agency then have a political slant?

      Well, seeing as how a fact-checking agency has to check facts -- demonstrating how they found them out for sure -- I'd say it wouldn't matter.

      Then again, facts have a well-known liberal bias, so maybe, huh?

      Why don't you grow up and realize that most people are actually smart enough not to need Governmental assistance to figure out when someone is lying to them.

      Counterexample: Republicans still win elections. (Hee hee.) Bye!

      --
      "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
    99. Re:WTF? by Shakrai · · Score: 1

      Except since the Deregulate Business/Eviscerate Government Party Van arrived

      Bill Clinton?

      And you seem more than happy to let all that happen, because you imagine that you are so super-competent that you couldn't possibly make a bad decision which will ruin your life, and that you're somehow an island apart from society and thus untouchable by the ravages the rest of us are subject to.

      I've made lots of bad decisions in my lifetime and have had to deal with the consequences of those decisions. You apparently seem to think that we should live in a World where we don't have to bear the responsibility for our decisions and the Government should step in and protect us from ourselves. I happen to disagree and will oppose you on the soap and ballot boxes.

      Here, again, we see the attitude that you are above society and unaffected by it -- that harm to society as a whole has nothing to do with you, only those lameasses that have the temerity to make mistakes.

      Harm to society is not a blanket right to start taking my rights away or giving the Government rights not proscribed in the Constitution. I view "harm to society" arguments in the same manner as I view "think of the children!". My obesity or lack thereof doesn't directly harm society. Hell, in my case it doesn't even impose an extra cost on society because I actually pay for my own health care. The KKK caused a lot of harm to society -- can we take away the 1st amendment to shut them down?

      We're all in this boat together. And the sooner you learn that, the better off you'll be.

      I don't want to be in your boat. I want to live my life with a minimal amount of interference from my neighbors and the government. If my actions don't directly harm you then you have no right to prevent me from engaging in them.

      Easy fix: don't wear a seat belt, disable those nanny-state-required airbags, and ram your vehicle into a thick tree at high speed. You won't get a scratch, because you're impervious. That'll show 'em.

      Again, the point is that my failure to wear a seat belt harms no one but me. Those nanny state airbags that you refer to raised the cost of my vehicle for questionable gain (harm in some cases). It's really no business of the state whether or not I place my life in extra jeopardy.

      Then again, facts have a well-known liberal bias, so maybe, huh?

      Actually the facts on any number of issues (gun control comes to mind) have a well known anti-liberal bias but keep believing your original statement if it helps to convince you of your own moral superiority.

      Counterexample: Republicans still win elections. (Hee hee.) Bye!

      Yes, every single thing that's wrong in this country is the fault of the GOP.

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    100. Re:WTF? by Anonymous Coward · · Score: 0

      So, as opposed to making your own mistakes and suffering the consequences of those mistakes on your own, you'd rather give a large, powerful organization the ability to make mistakes on your behalf, so that when they do mess up, they create a systemic problem that fucks it up for everyone? You ought to study some economics or something and read up on "diversification." It actually is better for everyone when we all try doing something different.

      The government is actually largely responsible for the subprime crisis due to over-regulation, not de-regulation. There was a huge push by Fannie Mae and Freddie Mac to get more people into homes throughout the 90's, and all of those highly-leveraged investments pushed the housing bubble even higher than it already was. Additionally, since Fannie and Freddie were only buying up secondary-market mortgage securities, they didn't have a lot of insight into what the credit worthiness of the borrowers was. Seems to me that someone made a mistake by making Fannie and Freddie secondary lenders instead of primary lenders.

      Personally, I'd rather risk making my own mistakes than allow someone else to make them for me.

    101. Re:WTF? by Anonymous Coward · · Score: 0

      The fact of the matter is that whenever you have large groups of people borrowing money to make investments with (that's called using leverage to invest), and they are all making identical investments (in this case, houses), you are going to witness a fire sale as soon as the price of that investment drops a tick, as people rush to sell their investments in order to get back the money they need to pay the bank (they wouldn't react this way if they had invested with their own money, they'd be more likely to ride out the dip in price and sell when it rebounds).

      This is exactly what happened in the 1920's. Banks were making low down payment loans that borrowers were using to invest into the stock market. So when the prices came tumbling down at the start of the 1930's, they REALLY tumbled.

      The banks are at fault, certainly, but so is the government and so are the borrowers. You can't make this a black-and-white issue, there were a lot of people fucking up in this clusterfuck.

  15. Actually? by girlintraining · · Score: 4, Interesting

    The problem is that local governments (municipalities, primarily) have signed exclusive agreements with these companies. Because laying wires requires approval of each municipality, installing new infrastructure literally requires tens of thousands of permits, applications, meetings, etc., to get anything worthwhile installed. Our "marble cake" form of government, creates a tangled mess of conflicting rules and legislation that create such a high cost to enter the market that $10 billion could easily be spent just negotiating. That money will largely dissipate the same way it vanished in Iraq -- because everyone believes they deserve part of the pie.

    If you want options, two things need to happen. First, the infrastructure -- that is, the wires that carry the data, need to be owned and operated by an entity separate from the users of that system, and that exclusive contracts be ended immediately. Secondly, we need to eliminate municipality-level and move it to at least the county level. The fewer people that have a voice in the process, the less resources wasted dealing with them. Because city-level employees are amongst the most petty, corrupt, and difficult to work with of any class of government official in the Union.

    --
    #fuckbeta #iamslashdot #dicemustdie
    1. Re:Actually? by oboreruhito · · Score: 1

      "The problem is that local governments (municipalities, primarily) have signed exclusive agreements with these companies."

      OR

      "LUS Fiber is officially "Open for Business" - already providing Video, Internet and Phone services from its state-of-the-art network to Lafayette residents. This community-owned 100% fiber optic infrastructure will supply residents and businesses with the most advanced communications system in the world. Better, faster and more cost-efficient communications means improved quality of life and numerous benefits for our community."

      Your municipality may very.

    2. Re:Actually? by The+Cisco+Kid · · Score: 1

      Actually that only applied to cable.

      Trust me, if AT&T wanted to put copper (or fiber) in Verizon areas, or if Verizon wanted to run into AT&T areas, they could and would do it.

      The problem is that they absolutely do not want to ever do that, and have an unspoken agreement not to compete directly for wired service in each other's service areas.

      But yes, you idea of the copper infrastructure not being owned by one monopoly telco is a great idea. Google for 'structural seperation'. Sadly, big telecom will never let that happen and will fight tooth and nail to avoid it.

    3. Re:Actually? by nine-times · · Score: 1

      First, the infrastructure -- that is, the wires that carry the data, need to be owned and operated by an entity separate from the users of that system

      This is (more or less) what I keep saying. It seems the monopoly/duopoly aspect of the Internet is only necessary for the actual hardware/infrastructure. Therefore, I'd propose that those monopolies/duopolies be permitted, but any company that builds/owns/maintains the hardware infrastructure be forbidden from actually providing services on that infrastructure. So if Verizon builds the actual network, then they can't also be an ISP, voice provider, or video provider. They should have to offer access to other companies (e.g. Speakeasy) who can then provide any services they want within a set agreement, and any access deal that is offered to any one company should be available to all companies (Verizon can't give a better deal to Time Warner than they offer to Speakeasy).

      So in this example, the company building infrastructure would be heavily regulated, but the ISPs need not be. Real competition could kick in.

      I'm sure lots of people will have a problem with the idea, and it will probably never happen, but I think it's the best solution.

    4. Re:Actually? by Anonymous Coward · · Score: 0

      I think this is how Qwest started right? They were a construction company that was being paid to lay fiber all in different parts of the country in the 70's.

      Somebody at Qwest with a curious intellect decided that if they were gonna dig the ditch anyway, they might as well lay twice as much fiber and keep half for themselves.

    5. Re:Actually? by MightyYar · · Score: 1

      $30/month for 10MPS symmetrical service with no caps... that's pretty nice. The cable is pretty decent, too. The phone isn't as cheap as Vonage, but isn't bad.

      Pretty good argument for letting the local government handle the fiber. If they can pull it off in LA, then certainly states with less reputation for corruption should be able to manage.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    6. Re:Actually? by furby076 · · Score: 1

      ORLY?
      Brief: Comcast lobbies local Philadelphia gov't to slow/prevent Verizon from laying FIOS.
      http://www.fiercetelecom.com/story/spotlight-comcast-lobbies-slow-philadelphia-verizon-fios/2008-12-01

      Brief: Verizon gets committee vote, after years of fighting, to lay FIOS in Philadelphia
      http://www.fiercetelecom.com/story/committee-moves-forward-verizon-fios-philadelphia-franchise-agreement/2009-01-22

      BTW, this only happened because of the new mayor (Nutter).

      Verizon FIOS has been in the greater philadelphia area since 2006.
      http://www.tvover.net/2006/12/06/Verizon+Launches+FiOS+TV+In+Greater+Philadelphia+Area.aspx

      So bite me with your spewed trash. Local gov'ts, Philadelphia is notorious, are corrupt.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    7. Re:Actually? by legirons · · Score: 1

      The problem is that local governments (municipalities, primarily) have signed exclusive agreements with these companies.

      BT used to be a monopoly like that -- just change the law and make it a competition, like they did with Openreach

    8. Re:Actually? by bwcbwc · · Score: 1

      Isn't this what California tried to do with electric power before they got Enronned? Just make sure we don't end up with a commodity market for bandwidth.

      --
      We are the 198 proof..
    9. Re:Actually? by Muad'Dave · · Score: 1

      Congress could allow the FCC to preempt all of those local laws with the stroke of a pen if it wanted to, and declare that last-mile broadband delivery is under their jurisdiction, therefore severing the tie between service providers and bit delivery (much like the split between electricity production and transmission).

      --
      Tiller's Rule: Never use a word in written form that you've only heard and never read. You will end up looking foolish.
  16. "Shovel Ready" by Anonymous Coward · · Score: 0

    From the article, "Maybe there are shovel-ready programs to bring broadband to communities that private providers have not yet reached, and to upgrade the speed of accessing the Web."
    Inside the Beltway is not the real world, so the recession just isn't seen on the street. How many people are ready and willing to pick up a shovel (pick, hammer, etc.) and perform real, physical labor aside from illegal immigrants? I won't believe we are in a depression until I see others doing this or I have to.

  17. HA! by DavidTC · · Score: 3, Informative

    ...one cable company and one telecom carrier...

    Man, that would be so awesome, to have a separate phone and cable company. I would have two places I could get internet service from, instead of one!

    --
    If corporations are people, aren't stockholders guilty of slavery?
    1. Re:HA! by The+Cisco+Kid · · Score: 1

      You are in an area where one company owns both the "cable TV" and "telephone" networks? That is unusual. Where are you (zipcode/areacode) and what company is it that controls both?

      There are many areas where there is service from the "telephone" network, but not any from the "cable TV" network, (vica versa is rare, although lots of areas where there is copper for phone but its too far from the wirecenter for DSL) but I've never heard of both being available but controlled by the same company.

      Im discounting the "TV over DSL", and "phone over cable" that the respective providers are offering these days -

      I'm talking:

      copper pair 'phone network' which can deliver:
        -traditional phone
        -DSL if you are close enough,
        -TV-over-DSL type service (where offered);

      and

        coaxial cable 'cable network' which can deliver:
          -tunable television channels directly to TF VHF inputs
          -IP networking/Internet over DOCSIS modems
          -VoIP telephone service (offered either by the cable company itself, or over the public backbone by Vonage and many others)

    2. Re:HA! by geminidomino · · Score: 1

      You are in an area where one company owns both the "cable TV" and "telephone" networks? That is unusual. Where are you (zipcode/areacode) and what company is it that controls both?

      Parts of Lehigh Acres, Florida. My brothers got a house there last year, and Comcast doesn't service them. It's Embarq(+Dish/Direct whichever...) or nothing for TV,net and phone

    3. Re:HA! by Rolgar · · Score: 1

      I live beyond the boundary of DSL service (2 miles out side of Topeka, Kansas, less than 10 miles from my state capital) so my only option for high speed service is Cox Communications. We were looking at houses on the other side of town, where the richest folks outside of town are concentrated, and most of them have no high speed options.

    4. Re:HA! by The+Cisco+Kid · · Score: 1

      Ok, not that complicated. Embarq is a phone company, they offer phone, DSL, and it sounds like they partner with either Dish Network or DirectTV for television. This does not make them a cable company. And note that, at least for TV, you could choose not to get TV service from them, and go with the competing "satellite" tv provider.

      The phone company may offer TV services though a satellite affiliate but they don't control the cable tv network, it sounds like there just plain isn't one in that area.

      DSL just plain sucks - you may want to consider (at least for Internet access) either a fixed WISP (You'll have to look in the local phonebook for local ISP's call them, and ask them if they offer fixed wireless or know of anyone in the area that does), or you might also consider a cell data service - either you can plug their PCMCIA card right into a laptop, or get a router that it plugs in which you can then connect to via Wifi or Ethernet. Neither is a cheap option, but if the DSL is dismal might be a slightly better choice.

      For phone, with fixed wireless, phone service over VoIP might be an option. With the cell data service, getting cell voice service could be an option.

      So you options are limited, and somewhat more tricky, and possibly more expensive, but you aren't completely locked in.

    5. Re:HA! by The+Cisco+Kid · · Score: 1

      Note that I did not say that there are always two options for Internet connectivity. I noted that it is rare for one business entity to control both the 'telephone network' and the 'cable tv network' in a given area. Obviously, it is entirely possible that only one of these networks is available and/or able to offer high speed Internet access, and just as possible that neither is able to do so.

      If the telephone network is available, one can certainly get at least some level of ordinary telephone service, and if the cable tv network is available, one can at least get cable tv service. While only one network may be available, I've never heard of one company controlling both networks in a given area, where both were available. (But it is possible for only one company to offer both phone and TV services over one type of network, in addition to Internet, even if the other type of network is not available)

      I beleive the original article stated "People were 'lucky' if they were able to chose between one phone company and one cable company for Internet access" If it didnt, it should have.

    6. Re:HA! by Fallingcow · · Score: 1

      I used to work for a phone company that also delivered TV over a combination of fiber and twisted pair copper. DSL too, of course. This was over 5 years ago.

      We weren't the only option in the area, but such all-in-one beasts do exist.

    7. Re:HA! by DavidTC · · Score: 1

      I did not mean to imply that the sole company (Windstream) providing both phone and cable actually had cable internet.

      There is no cable internet service, because it would be illogical for said company to compete with its DSL.

      --
      If corporations are people, aren't stockholders guilty of slavery?
    8. Re:HA! by The+Cisco+Kid · · Score: 1

      Er, Ok.. I think we just had a miscommunication of semantics ;) Technically, they don't offer 'cable', they offer TV service via mini sat dish or over DSL. I use 'cable' to refer to a type of physical plant (coaxial, as distinguished from copper pairs used by 'phone' network physical plant)

      A cable company can't offer you a phone 'line' either, although they can offer phone service via VoIP

    9. Re:HA! by DavidTC · · Score: 1

      I think you aren't understanding what is going on here.

      There is one company in town.

      It has coax cable wires strung to people's houses, and it has telephone wires strung to people's houses. It provides telephone service over the telephone wires, and cable television (Digital and otherwise) over the coax cables.

      It additionally provides DSL over the telephone wires. Also it provides dialup over the telephone wires if you want that, or for the parts of the county that can't get DSL.

      There is no 'TV over DSL or sat', and there is no 'VoIP over cable modem'. There's no weird anything...it's straight up standard cable (or digital cable) and straight up standard phone service, with optional DSL.

      There are also no alternate DSL providers. While in theory the phone company provides such an ability, no company has bothered to take them up on it. And obviously, even if cable modem alternatives existed, there wouldn't be any here, as the cable/phone company has not bothered to install such an infrastructure.

      The zip code is 30533, if you want to check. Be aware there are a very few parts of the county with a different cable provider, which is actually an overlap from another county...that is not available county-wide, it's maybe a three or four mile incursion from another county.

      --
      If corporations are people, aren't stockholders guilty of slavery?
    10. Re:HA! by The+Cisco+Kid · · Score: 1

      Ok, I think at one point I mixed up your reply with someone else's.

      In any case, assuming you are certain that they do in fact have a standalone coax network for TV in addition to a copper pair network for phone, that is quite unusual.

      What is the name of the company? And what areacode is it in? Broadbandreports lists a variety of phone and cable providers in that zipcode, but as you noted, each probably offers service only in some areas.

      Are you *certain* that they have both networks running on the poles (or buried), as opposed to one or the other, which 'breaks out' either within your house or in a curbside box to provide multiple services over different connections?

      Note that phone companies that offer tv service dont necesarily call it 'TV over DSL', and it may not run over the same 'DSL' that your Internet uses, it could be a completely seperate box that isnt even identified as 'DSL'.

    11. Re:HA! by DavidTC · · Score: 1

      Yes, I am sure. I installed the DSL filters myself on the telephone box (To send it to the discontinued second line from dialup.) instead of at each outlet, and I bought the DSL router myself, I know how it's getting into the house. And I know how the cable is getting into the house, I can see the fucking cable where the dog chewed through it and I've been under the house running the cable myself. There are two goddamn wires on the poles going into the house, owned by the same company.

      The company name, as I have said before, is Windstream.

      And, frankly, I am tired of talking about this. I know the actual facts of what is going on, and I'm not going to sit here and discuss them anymore, or hypotheticals about what might 'really' be going on. The goddamn phone company, decades ago, bought the cable company, and they have remained that way since then, being sold in one piece.

      --
      If corporations are people, aren't stockholders guilty of slavery?
    12. Re:HA! by The+Cisco+Kid · · Score: 1

      I wasn't trying to debate the issue, I was just trying to get specifics because I find that a very unusual situation, that I've never heard of happening anywhere else. And sorry, I missed it the first time you mentioned the company's name.

      And I've since managed to find both windstream.com and windstreamcable.com - and thats scary. Do you happen to know what the name of the cable co was prior to being bought by Windstream?

    13. Re:HA! by DavidTC · · Score: 1

      Sorry, I just get tired of people online debating the issue, like I'm some sort of lunatic and don't know what's going on. And I have to explain that really, truly, no, I'm not an idiot, that our telephone and cable company are the same people, and there are no other people.

      But, anyway, before they were Windstream they were Alltel. Yes, the cell phone company, although ironically they don't sell cell coverage here. Try to figure that one out.

      And before that they were called 'Standard Telephone' or "Standard Telephone Company' or something like that, which is when they bought the cable company that I can't recall the name of. This had to have been back in the early 90s, I don't really remember, I was just a kid. And I can't google 'Standard Telephone' and find out, it's too generic.

      They are also, in case it's not scary enough, the local long distance provider, if you know what I mean. Not the big long distance company you can select, the regional one you can't change. For calls within the same area code. Often, of course, calling another Windstream prefix.

      --
      If corporations are people, aren't stockholders guilty of slavery?
    14. Re:HA! by The+Cisco+Kid · · Score: 1

      So you know if they were originally part of the big AT&T network before it was broken up? Or were they one of the independent companies?

      Unless they are somehow exempt, I'm pretty certain FCC requires that you can select both inter and intra LATA carriers. Can you dial 1010XXX codes to get around that?

      You could always use a VoIP service to bypass them for phone.

      Whats the terrain like out there? If its reasonably flat you might consider options for fixed wireless, if there are any providers out there.

    15. Re:HA! by DavidTC · · Score: 1

      I have no idea of the history of 'Standard Telephone'. It certainly sounds like a Bell-discard, although that was Bellsouth down here. I don't know if there were localer companies than that.

      And you can select inter-LATA carriers, and you can select intra-LATA-between-area-code carriers. You cannot select intra-LATA-within-same-area-code carriers. That is the way it has been explained to me.

      All of north Georgia, down to and past Atlanta, is in the same LATA and in three different area codes, and I can select a long distance carrier to Atlanta (A different area code) but not to the next county over.(1)

      The provider is fixed, usually to the same company that provides local service. I know people in Atlanta are stuck with Bellsouth, now AT&T. At least this is how it is in Georgia, for all I know the state government is in the pockets of said companies and blocking change. (Wouldn't be the first time. At least the phone companies aren't giving people salmonella.)

      This strangely, if you know how long distance works, means that such calls are paid for the by the originating local phone company, which then pays the long distance carrier (The same company) and the terminating local phone company (Also the same company). I wonder how that actually works, accounting-wise.

      Can you dial 1010XXX codes to get around that?

      I believe so, but I don't use long distance on my phone.

      You could always use a VoIP service to bypass them for phone.

      They're not willing to provide bare DSL at this point, so I'd be paying for phone service anyway. 'Long distance' calls I just make on my cell. (Where, despite having no long distance deal, I get free calling to all of Georgia.)

      Whats the terrain like out there? If its reasonably flat you might consider options for fixed wireless, if there are any providers out there.

      Mountain foothills, so no.

      1) At this point, you might be asking why the next county over is long distance. The government keeps proposing that we make it local. But our voters are morons, very old morons, and keep voting that change down, because basic rates would go up slightly. They have yet to realize this is self defeating because normal people, who not only interact with the next county over but also Gainesville and Atlanta (Big cities that are, respectively, 30 minutes and an hour away.), are switching to cell phone because of this stupidity, and as the number of subscribers drop, rates have already started to go up anyway.

      --
      If corporations are people, aren't stockholders guilty of slavery?
  18. Re:Big Surprise by biggerboy · · Score: 1

    They don't think government can help with anything.

    Do you think the government issuing franchises that creates monopolies backed by the power of the state has helped?

    Seriously. Does anyone really want to go back to the days before the 1984 consent decree?

  19. Re:Big Surprise by UberMorlock · · Score: 0, Flamebait

    The WSJ is a newspaper written by a bunch of war-mongering, anti-civil-liberties wankers.

    There, fixed that for you.

  20. Re:Right Wing Nuts by amuro98 · · Score: 5, Interesting

    What, they have a point. If companies were competing freely, instead of this messed up system of little fiefdoms we have now, you can bet that you'd see Comcast and Time Warner trying to outdo each other, while AT&T and Verizon raced to shove fiber everywhere. Remember - competition is good for the consumer. It forces companies to innovate or die, while keeping prices low.

    But as it stands now, you basically have "The cable company" or "The phone company". Even independent DSL providers are still using the copper run by The Phone Company, and often costs more than if you got DSL from them directly.

    Even the Economist points out that this stimulus package probably won't have the effect Obama is hoping for because the companies will simply sit back and wait for the government to pay them for the upgrades they would have had to pay for themselves.

    The way I see it, the only way things will change is through good old capitalist competition. Someone needs to really step in with a reliable WiMAX solution for about $25/mo, and seriously start sucking business away from the DSL/Cable duopolies. In fact I'm rather surprised the cell phone companies aren't trying to jump into the residential data market. They already have the little notebook dongles, just shove that into an antenna you set on your roof (for better reception) and plug it into your router. Better yet, offer residential phone service over this as well, and really put a dent in the landline and cable telephony companies.

  21. Free Ads for Politicians with no opposing views by Anonymous Coward · · Score: 0

    Why would they ever give up such a deal?

    They hand out a municipal monopoly or doupoly. They get to charge a municipal "service" fee that is some non-small percentage of a bill the nobody notices. And they get several channels free and video editing and technical support to fill with non-dissenting viewpoints telling us how wonderful our local government and our local incumbents are. And with nothing that can be claimed as "taxation."

    They will never give this nonsense up for anything like competition.

  22. These "other countries" should start to lag behind by Mystery00 · · Score: 3, Interesting

    I wish Australia would "lag behind" like the US, maybe then we could get almost unlimited download quotas too.

    Sure compared to technology heaven like Japan it might seem like you're lagging behind, most of the world is probably lagging right there with you.

    But you're far from the worst off.

    --
    "we've got trenchcoats and bad attitudes" - John Constantine, HellBlazer
  23. Re:Right Wing Nuts by thelexx · · Score: 1, Interesting

    Right, left, what the fuck ever. There simply is no problem for which more government is not likely to be the worst solution.

    Oh, and Krugman is an idiot, along with nearly everyone who seems to have a voice in 'fixing' the economic mess that they themselves created. AFAICT, Krugman's whole take so far is that we haven't pumped enough money at the problem of pumping too much money.

    http://globaleconomicanalysis.blogspot.com/2008/12/krugman-still-wrong-after-all-these.html

    --
    "Gold still represents the ultimate form of payment in the world." - Alan Greenspan, 1999
  24. ridiculous by circletimessquare · · Score: 4, Insightful

    the reason the usa lags behind other countries is that the other countries are small, compact and densely populated. like korea, or any european country

    if you were to examine say, new york and new england, alone, or california, alone, the usa does fine in broadbrand penetration. but the usa is still sparsely populated in vast rural areas in the middle

    want proof? look at canada. canada obviously has different governmental mechanisms, but it has virtually the same digital access ratings as the usa:

    http://www.internetworldstats.com/list3.htm#dai

    broadband penetration has to do with only two factors:

    1. how rich the country is
    2. population density

    all other factors, including government policy, are neglible in comparison

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:ridiculous by abigor · · Score: 1

      Canada is a geographically larger country with ten times fewer people. Consequently, it has a much lower population density. For it to keep up with the US in terms of digital access, even in its most rural areas, only validates this story's premise.

      In other words, comparing Canada to the US is like comparing the US to one of those densely populated countries you named.

    2. Re:ridiculous by cavtroop · · Score: 1

      I disagree. If that were the case, why aren't our cities, metropolitan areas, and hell - whole regions like New England (which is as dense as any in Europe) wired better?

    3. Re:ridiculous by Chandon+Seldon · · Score: 1

      I, in Lowell, Massachussetts, have the same DSL connection that I would have if I lived in Whitehorse, Yukon.

      The population density argument is bullshit.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    4. Re:ridiculous by pipatron · · Score: 3, Informative

      the reason the usa lags behind other countries is that the other countries are small, compact and densely populated.

      Ok, so let's check the first country on your list: Sweden. The fourth largest country in Europe by area, and a population density 2/3rds of the whole United States, and that's including all your rural areas.

      Somewhat the reference list you used contradicts your argument.

      --
      c++; /* this makes c bigger but returns the old value */
    5. Re:ridiculous by CannonballHead · · Score: 1

      Except that most people in Canada live in the southern parts of Canada, don't they? Sorta like Sweden. Most of the population lives in the bottom 1/3 of the country. Due to this thing called "ice" I hear :)

    6. Re:ridiculous by The+Moof · · Score: 3, Insightful

      I live in a suburb of Chicago, in a somewhat densely populated are. My options for broadband are very limited and pretty much crap across the board.

      So what's their excuse here. It's too densely populated?

    7. Re:ridiculous by Anonymous Coward · · Score: 0

      Except that 90% of Canadians live within 150km of the US border, so your point is entirely moot.

    8. Re:ridiculous by Anonymous Coward · · Score: 1, Insightful

      You are correct except for one non minor point. Places like New York, New England, California might be able to compete in terms of the the percentage of the population with broadband server available. However, the prices are still outrageous when compared to those European companies or Japan, and that is still due to the Mono/Duopoly setups that occur almost no matter where you are in the US.

    9. Re:ridiculous by nine-times · · Score: 3, Informative

      I live in NYC in an expensive neighborhood, and though I suppose I have broadband, the highest upload rate I can get is 512k. That's kind of stupid. And there's no sign that it's going to get any better anytime soon.

      Now, you might argue that it's because of too little regulation or too much regulation, but obviously someone is doing something wrong.

    10. Re:ridiculous by furby076 · · Score: 1

      I find that suburbs are getting upgraded cable lines, new fiber lines, etc before the inner city does.

      --

      I do not support "The Man". I also do not support your irrational stupidity
    11. Re:ridiculous by StikyPad · · Score: 1

      Right, it's not population density, it's population concentration.. how much of the population lives in urban and suburban areas. He used the wrong term (and maybe I did too) but the idea is correct.

    12. Re:ridiculous by abigor · · Score: 1

      I hate replying to ACs, as you probably won't even read this, but it's not moot. Much of Canada is very rural and quite isolated. A lot of people do live near the border, but it's not like some jam-packed cluster. And there are many, MANY isolated regions with a few small towns (I am from one of them). These all have decent infrastructure.

      If your theory were true, only the parts near the border would have broadband penetration. But this is not the case.

    13. Re:ridiculous by Andtalath · · Score: 1

      So, yeah, Sweden's got 19 inhabitants per square kilometer, and our gross income is less per capita than any US state.
      And we're the second or third best in the world in these matters.

      So, yeah, I can uhm, see your point.

    14. Re:ridiculous by Forbman · · Score: 1

      ...but not if you lived in the bumfucks of Wyoming, the Dakotas, Montana, Idaho...

      For example, I have family that lives outside of Lance Creek, WY. Well, from their house it's 17 miles to the nearest paved road (US87). The telco CO is either in Lance Creek proper or Lusk, WY. DSL over copper is NOT an option. No one is going to be clamoring for the contract to add fiber in Niobrara County, WY, either, as it is one of the least densly populated counties in the US. The various rural telephone co-ops and companies will need something akin to the Rural Electrification Act to make it happen. And, the terrain in Niobrara County is much like the Palouse region of eastern Washington, houses are at the bottoms of draws and valleys, so wireless broadband is probably a non-starter as well. Cell phone service exists, as long as you can go up to the top of a hill that has good view of the surrounding terrain. And the weather is pretty tough on equipment - they deal with thunderstorms far more than the Pacific NW does.

      Let's just leave DirectWay out of the equation...

      And we haven't even gotten to the tough areas, like most of the Rocky Mts...

    15. Re:ridiculous by Chandon+Seldon · · Score: 1

      Dude. The Yukon.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    16. Re:ridiculous by Heddahenrik · · Score: 1

      You're so ignorant that it makes me sick! Do you know anything about the world outside of USA? I live in Sweden and there are no problems getting pretty OK Internet out in the woods here. And as you can see, there's little difference in Internet-access between countries like Sweden and Denmark despite totally different population densities.

      Policies have everything to do with penetration. It's just that the developed part of USA usually have less moronic government so they get better Internet access (Still quite expensive though).

      I personally can select phone and Internet from three different lines and the phone-line can be connected to countless alternatives (just like in the rest of the EU). And there's no need for any net neutrality regulations from the government (there still has to be private deals, of course) as I would just change operator if they start pulling some crap.

    17. Re:ridiculous by maxume · · Score: 1

      It isn't even just population density, it is some derivative of population density that accounts for how concentrated a population is.

      It's the Alaska problem; the population density of most of Alaska is far lower than the population density of Alaska as a whole, so it looks far more impenetrable than it really is, because serving Anchorage gets you a huge percentage of the population (Alaska illustrates the problem with using population density well, but is essentially the opposite of the lower 48...).

      So the issue is that the U.S. has a large population that lives at a density that is expensive to serve, both in absolute terms, and as a comparatively high percentage of the total population. Add in a lack of good regulation (my pet peeve is that there is no good reason that companies can advertise teaser rates without stating the ongoing rates and add 'fees' that push the monthly payment well over the advertised rates) and it isn't all that surprising that much of the country has shitty access.

      --
      Nerd rage is the funniest rage.
  25. Is this by Akita24 · · Score: 1

    the journal of the same Wall Street that said I was supposed to keep making a bunch of a-hole fat cats richer so that some scraps would trickle back down to me? Only to find that they're so damn greedy they ignored their own self interest and completely screwed the pooch with the economy? Yeah, I really give a fsck what that collection of self-serving greedy 'tards has to say. If I were them I'd start working on getting ANY credibility back. Until then I'm working under the assumption that anything they're saying or doing involves them retiring in the Bahamas nad me being bent over a table.

  26. Re:Big Surprise by nine-times · · Score: 1

    Well what are you going to do? Allow every company that wants to dig up whatever infrastructure they want wherever they want?

    Doesn't this seem to be a situation where you can't just have a "free market"?

  27. Did you guys already give them billions... by Spatial · · Score: 2, Insightful

    ...years ago? It didn't work out too well from what I hear.

    I'm sure they got some nice jets, and while they can hold a tremendous amount of data, the latency on the things is terrible.

  28. Help, Moderators by Rooktoven · · Score: 0, Offtopic

    How is this flamebait? The article is an opinion piece, this is a counter opinion.

    --

    Acquiescence leads to obliteration
  29. Re:Right Wing Nuts by Duradin · · Score: 0

    And if you happen to live in an area that isn't profitable to run service to I suppose you should just move then, right?

    The reason everyone has access to a landline totally wasn't because ILECs were required by the government to provide dialtone to anyone, anywhere within their service region, nope. It was totally because it was absolutely profitable to run copper fricken everywhere man!

  30. Re:Big Surprise by InsaneProcessor · · Score: 1, Insightful

    Since when has government fixed anything. Tell the children of today that they are already $50K in the red and that there is not financial hope in their future, because that is what the "stimulus plan" will do.

    --

    Athiesm is a religion like not collecting stamps is a hobby.
  31. Re:Right Wing Nuts by Amazing+Quantum+Man · · Score: 1

    But as it stands now, you basically have "The cable company" or "The phone company"

    Or, as Lily Tomlin's Ernestine put it so succinctly back in the late '60s and early '70s

    We don't care. We don't have to. We're the Phone Company

    --
    Fascism starts when the efficiency of the government becomes more important than the rights of the people.
  32. It won't help fix the core issues. by DaveV1.0 · · Score: 3, Insightful

    This massive injection of money, which is being obtained through printing money and borrowing, will not fix the core problems that caused this mess, namely:

    • the budget deficit
    • the trade deficit
    • the massive consumer debt
    • low wages, which causes the above ( when inflation is factored in the average worker make less now than 10 years ago)
    • the sending of manufacturing over seas, which exported wealth creation and good paying job, leaving low paying service jobs resulting in the above

    All this talk about need more credit and more lending is a red herring. Over-consumption and over-spending is what got us into this mess in the first place. The US$1.5 trillion would be better spent buying up bad mortgages or just giving an equal share to every legal resident in the U.S. than what they are doing with it.

    This will only put off the inevitable correction (crash), and it when it does happen, and it will, it will be even worse.

    --
    There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    1. Re:It won't help fix the core issues. by agrestic · · Score: 1

      All this talk about need more credit and more lending is a red herring.

      There's an estimated $13 trillion offshore b/c of our draconian tax system. Move to a flat tax, or (even better) the Fair Tax, making us the greatest tax haven on Earth, and watch how fast that money rushes into the country. But this, I fear, wouldn't happen due to the Fair Tax taking power away from the gov't and giving it to those evil capitalist bastards. :)

    2. Re:It won't help fix the core issues. by the_macman · · Score: 4, Insightful

      Here is the problem I have with the FairTax. It hurts lower class the most. Poor people, college students, etc who already struggle to get buy now have a 30% markup on goods and services?

      Additionally how does it take into account people who have massive amounts of wealth, assets, etc. but live frugally? Are they paying their fair share?
       
        Neglecting the fact it will never happen because Congress would never authorize it. It would likely increase their own taxes. No congress person would ever vote to increase their expenses.

    3. Re:It won't help fix the core issues. by DaveV1.0 · · Score: 2, Interesting

      The so-called "Fair Tax" isn't, and it is a regressive tax, far more so than a simple flat rate income tax. What makes the unfair is that it shifts the tax burden down on to the lower earning populace, while rewarding the highest income people with lower taxes. One can only spend so much; just look at the bank accounts of the multi-millionaires for proof. In the end, people who make less will end up paying a greater amount of their earning in taxes because they will end up paying out more of said earning just to live.

      A better system would be a flat rate income tax combined with a luxury tax and an excess income tax which would be based on multiples of the average worker income. This would encourage lower executive salaries, higher worker salaries, would encourage saving and more reasonable spending.

      That US$13 trillion, if it exist, will be worth about what the paper it is printed on is worth if foreign investors decide to dump their U.S. securities and notes.

      --
      There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    4. Re:It won't help fix the core issues. by the_macman · · Score: 1

      I agree with your concerns. A book I recently read Limits of Power: End of American Exceptionalism explains the problem quite clearly. Since WW2 the United States has moved from a manufacturing based economy to a service based economy while our manufacturing has been outsourced. Additionally American citizens began living on credit and our trade ratio went from 2:1 (exports:imports) to 1:3 (exports:imports). The author argues this can only end in the collapse of the US economy.
       
      For those smart enough to recognize this what can we do?
      Invest in foreign currency? Buy stock in whole goods (oil, gold, precious metal)? What do you suggest or what are you doing?

    5. Re:It won't help fix the core issues. by Anonymous Coward · · Score: 0

      A flat tax is only regressive if you lack a comprehensive social safety net. If I tax 99% of everybody's income
      but provide you with a house, public transportation, food, and medical care, then what do you have to bitch about?

    6. Re:It won't help fix the core issues. by bnenning · · Score: 1

      Here is the problem I have with the FairTax. It hurts lower class the most. Poor people, college students, etc who already struggle to get buy now have a 30% markup on goods and services?

      The FairTax includes a "universal rebate" which is a fixed amount sent to every household; it effectively makes spending up to a certain level tax-free.

      Additionally how does it take into account people who have massive amounts of wealth, assets, etc. but live frugally? Are they paying their fair share?

      One way or another, those assets will eventually be spent. And encouraging savings would be a nice change from the last few decades.

      --
      How to solve most of our problems: 1.Lots of nuclear plants. 2.Cure aging.
    7. Re:It won't help fix the core issues. by zaffir · · Score: 2, Interesting

      1) There is a basic living expenses rebate in the Fair Tax system. Poor college kids (such as myself) would not be paying taxes to eat, and paychecks would not have taxes taken out.

      2) How do you define the rich-but-frugal guy's fair share? What about his behavior is not fair?

      --
      "Upon attaching the waterblock to my penis, I began to notice that I know nothing about computers." -- JRockway
    8. Re:It won't help fix the core issues. by JesseMcDonald · · Score: 4, Insightful

      I'm not a "FairTax" supporter by any means, but your first point has been answered a number of times already. Yes, everyone would pay a 30% markup on new goods -- but everyone would also get a yearly refund amounting to 30% of whatever the government deems to be a base level of spending. Essentially, if you spend exactly that amount you'd pay no net taxes; if you spend less than that amount you'd get an automatic handout. (Talk about not paying their fair share!). The lower class actually does extremely well under the "FairTax" proposal.

      As for the frugally wealthy: that depends on what you mean by "fair share". If you refer to the (somewhat arbitrary) market value of the services they receive, they already pay far more than that under the current system, and would likely continue to pay much more than their "fair share" under the "FairTax" as well; someone has to fund those handouts and "free" services to the lower classes. On the other hand, if you mean "would the 'FairTax' be as effective as current income taxes at confiscating and redistributing wealth from the materially rich to the materially poor", then I certainly hope not.

      My main problem with the "FairTax" (aside from the simple fact that no nontrivial tax can ever be "fair") is that it assumes the new sales tax would replace the current income tax. In my estimation it's far more likely that we would eventually end up with both, eliminating any possible benefit.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    9. Re:It won't help fix the core issues. by Rolgar · · Score: 1

      Couldn't certain basic necessary expenses be exempted? Healthy non-luxury food items, educational expenses, house payments or rent below a certain dollar value, necessary utilities. If you do that, people making very little would be mostly exempt, and you'd still get the benefits of simplicity.

      Also, it's important to realize that prices of many things are determined by the amount of income (or available funds) people have (as a group, not for individuals). For instance, with high dollar houses, the best price will to some degree be set by what other buyers think it's worth, which should gravitate towards what the second best offer would be. With rent, the price will be set at whatever level fills all of the units. If you raise the minimum wage, people prices go up, and the people making that pay rate will be no better off than they were before the wage hike. If taxes go up on poor people, they will be able to afford less, prices of other things will compensate downward (it will take awhile, but it will happen), and they will be as well off as they were before.

      People have been feeling the pinch of this poor economy for years, and the reason is that almost everybody locks in prices higher than they should for certain negotiable expenses (house, car) or are willing to spend money they shouldn't (expensive coffee, $50-200/month cable bills, going to the theater or other entertainment options, and eating out more often than they need, cell phone service, etc.)

      If somebody is frugal and saves their money, why should they be taxed more? Maybe they have luxuries in mind that they don't want to borrow to enjoy (say a trip worth a year's income), or they are saving to stay off social security to save us all having to pay for them in their old age. All raising the taxes on somebody saving money does is discourage saving, which is the exact opposite of what we need to be doing.

    10. Re:It won't help fix the core issues. by dragonjujotu · · Score: 1

      There is a big hole in this argument because everything you buy is already taxed multiple times before you get it. The most obvious ones being payroll taxes and corporate taxes.

      --
      Yes, I am obsessed with ellipses.
    11. Re:It won't help fix the core issues. by TheSync · · Score: 1

      One can only spend so much; just look at the bank accounts of the multi-millionaires for proof.

      Most multi-millionaires I know have much of their money invested, i.e. it is the capital that allows businesses to operate and hire people.

      The money that is actually "in savings accounts" is the capitalization of banks, and right now most of the banks are under-capitalized because of the real-estate bubble implosion. You can argue that the banks were stupid in loaning money, but do you really want people to pull their money out of savings now and force all of the banks to go out of business?

      I'll admit Treasury bonds are a waste of money - that is the funding for debt-financed Federal overspending.

    12. Re:It won't help fix the core issues. by Anonymous Coward · · Score: 0

      So we should just move to socialist republic right? I'm a college student, and come from a poor family, and I can honestly say that I have an easier time financing college than my wealthier friends due to all the scholarships and grants that prefer poor people. Seriously, any student worth their weight in salt can get a loan, scholarship, etc to pay for college and get a degree that will enable them to make money.

    13. Re:It won't help fix the core issues. by ultranova · · Score: 1

      I'm not a "FairTax" supporter by any means, but your first point has been answered a number of times already. Yes, everyone would pay a 30% markup on new goods -- but everyone would also get a yearly refund amounting to 30% of whatever the government deems to be a base level of spending. Essentially, if you spend exactly that amount you'd pay no net taxes; if you spend less than that amount you'd get an automatic handout. (Talk about not paying their fair share!). The lower class actually does extremely well under the "FairTax" proposal.

      That's actually a pretty interesting idea. If you'd make the rebate high enough to live on, you could eliminate the whole social security system and associated bureaucracy and opportunities for abuse.

      On the other hand, if you mean "would the 'FairTax' be as effective as current income taxes at confiscating and redistributing wealth from the materially rich to the materially poor", then I certainly hope not.

      In a system with a natural tendency towards concentrating wealth and power, you need a wealth redistribution mechanism to prevent it from turning into an outright feudalism with a de facto slave class. Get over it.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    14. Re:It won't help fix the core issues. by JesseMcDonald · · Score: 1

      In a system with a natural tendency towards concentrating wealth and power, you need a wealth redistribution mechanism to prevent it from turning into an outright feudalism with a de facto slave class.

      You are welcome to your opinion, though not to the coercion required to act on it.

      In my opinion, however, your "wealth redistribution mechanism" is far worse than what you call "an outright feudalism with a de facto slave class". I also disagree that such an end result is likely; feudalism ended when land ownership (i.e. agriculture) was replaced by manufacturing as the primary source of wealth, and that isn't likely to change any time soon. Get over it.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    15. Re:It won't help fix the core issues. by DaveV1.0 · · Score: 1

      Except for the fact that in order for your system to work, the tax has to be hire than 30% and the payout level would have to be extremely low, otherwise income will not cover expense and the government will go even further into debt, and things will only get worse.

      --
      There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    16. Re:It won't help fix the core issues. by the_macman · · Score: 1

      Well that's great. Tell me how does the government know my expenses? How do they know how much I spend on food and gas? Are they supposed to guess? Another gripe. So I get this check once a year.....and if it doesn't hold me over exactly? What then? Live on credit cards? You're handing people a blank check and asking them to manage that sum of money to last an entire year? I think that's a piss poor idea. If there's one thing I know it's most people don't know how to manage money.

    17. Re:It won't help fix the core issues. by Anonymous Coward · · Score: 0

      This massive injection of money, which is being obtained through printing money and borrowing, will not fix the core problems that caused this mess, namely:

      • the budget deficit
      • the trade deficit
      • the massive consumer debt
      • low wages, which causes the above ( when inflation is factored in the average worker make less now than 10 years ago)
      • the sending of manufacturing over seas, which exported wealth creation and good paying job, leaving low paying service jobs resulting in the above

      All this talk about need more credit and more lending is a red herring. Over-consumption and over-spending is what got us into this mess in the first place. The US$1.5 trillion would be better spent buying up bad mortgages or just giving an equal share to every legal resident in the U.S. than what they are doing with it.

      This will only put off the inevitable correction (crash), and it when it does happen, and it will, it will be even worse.

      Dave,

      You've got the right idea. Now if only we could get the word out to the rest of the country.

    18. Re:It won't help fix the core issues. by ultranova · · Score: 1

      You are welcome to your opinion, though not to the coercion required to act on it.

      Naturally. That's why we have a government to use that coercive power on our behalf, rather than let every slashdot poster do it by himself.

      Or are you one of those libertarians who argue that the rich should have the freedom to freely oppress the poor, and that any attempt to do anything about that is a horrible breach on their liberty? In that case, keep on wondering why the "sheep" don't vote for people who would let the wolves loose amongst them.

      In my opinion, however, your "wealth redistribution mechanism" is far worse than what you call "an outright feudalism with a de facto slave class".

      Ah, I guess you are a libertarian. But go on, tell me: how is taxation by government worse than having the local aristocrat have the power of life and death by starvation over me?

      I also disagree that such an end result is likely; feudalism ended when land ownership (i.e. agriculture) was replaced by manufacturing as the primary source of wealth, and that isn't likely to change any time soon. Get over it.

      Simply because the aristocracy is based on owning factories rather than land doesn't make it any less of an aristocracy. If anything, it made it worse during the early days of Industrial Revolution, and still would if not the rules which force (coerce) the capitalists to behave.

      The Fountainhead is fiction, as is Atlas Shrugged.Your ideology is based on silly superhero fantasies and is utterly unworkable in real life. Get over it.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    19. Re:It won't help fix the core issues. by Mr.+Beatdown · · Score: 1

      The problem with exempting certain classes of expenditures is the distortionary effects kick in really quickly. The most efficient allocation of resources comes when no good or service gets preferential treatment over another.

      What the FairTax does is apply an across the board "prebate" that matches what the CPI says is the poverty level of consumption. This means that anyone living at the bare minimum will not pay taxes, and that consumption over the poverty level will be taxed at a 30% sales tax rate, the equivalent of a 23% income tax rate.

      The FairTax doesn't just tax the poor. What it really does is tax the middle. The very poor (anyone living below the poverty line) pay no taxes. The very rich pay taxes commensurate with their consumption, which is almost always lower as a percentage of their income. But this isn't a bug, it's a feature. It encourages production, savings, and investment instead of consumption. This means that the guy who makes a billion dollars worth of widgets is paying no tax unless he spends at least 10,400 dollars of that widget wealth in a year. It encourages him to invest and save, rather than consume. And that is what we want wildly successful people to do. More startups and fewer yachts is a good thing for our economy in everything but the very short run.

      --
      My fellow Americans, let's restore the death penalty for child rapists. Let's do it . . . for the children.
    20. Re:It won't help fix the core issues. by JesseMcDonald · · Score: 1

      First, I said I wasn't a "FairTax" supporter, so I'm not asking people to do anything. Second, they wouldn't need to know your expenses; the tax refund is based on estimated expenses for a hypothetical low-income household, given a certain number of dependents.

      As for the money-management aspect, you could be right. One of the basic principles of a free society, however, is that individuals are best suited to manage their own affairs -- even if that assumption contradicts your own experience. Anything less divides society into lords and peasants, masters and slaves, and invites the most insidious form of totalitarian state: the kind imposed on those deemed less capable "for their own good".

      Remember, this was their money to begin with (unless their spending was far below average); if anyone has a right to try to manage it, they do.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    21. Re:It won't help fix the core issues. by JesseMcDonald · · Score: 1

      It's not my system, as I think I made quite clear, and ultimately I agree with you: the assumptions which result in the 30% estimate are, in my opinion, quite naive. They don't take into account the shifts in the economy which would inevitably result from such a drastic change in the tax structure.

      Of course, the government could always choose to cut spending rather than go further into debt. (A guy can dream, can't he?)

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
  33. Re:Right Wing Nuts by buswolley · · Score: 1

    A product of radical ideological isms. NOthing to see, move on.

    --

    A Good Troll is better than a Bad Human.

  34. More help from the Moderators by Rooktoven · · Score: 2, Insightful

    The WSJ article is opinion, and is leaving out the fact that the monopolies will not be broken without government interference.

    --

    Acquiescence leads to obliteration
    1. Re:More help from the Moderators by InsaneProcessor · · Score: 1

      There are no monopolies on this. Monopolies denotes monopolistic behavior and since there are alternative service (at all location), this doesn't exist. Just because company B doesn't decide to compete with company A doesn't make company A a monopoly.

      --

      Athiesm is a religion like not collecting stamps is a hobby.
    2. Re:More help from the Moderators by deraj123 · · Score: 1

      But when government X says that Company C is not allowed to compete with Company B and Company A, we have a monopolistic situation.

    3. Re:More help from the Moderators by Anonymous Coward · · Score: 0

      And where has this happend??

    4. Re:More help from the Moderators by JesseMcDonald · · Score: 1

      The WSJ article is opinion...

      Obviously. There are no facts when it comes to future events; opinions are all anyone has. Some opinions are worth more than others, though.

      ...and is leaving out the fact that the monopolies will not be broken without government interference.

      Now who's passing off opinions as fact? Look to your own comments before criticizing others for the same faults.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    5. Re:More help from the Moderators by powerlord · · Score: 1

      The WSJ article is opinion, and is leaving out the fact that the monopolies will not be broken without government interference.

      Considering AT&T has just about put itself back together again, with the exception of the large "shard of power" that has reformed itself into Verizon, perhaps its time we grab the Anti-Trust hammer again.

      I just hope we swing a little wider this time (TimeWarner, Comcast, et al.)

      --
      This space for rent. All reasonable inquiries will be entertained at proprietors discretion.
    6. Re:More help from the Moderators by BoberFett · · Score: 1

      You mean like the monopoly of government? How do you intend to break that?

  35. Re:Big Surprise by larry+bagina · · Score: 2, Funny

    Don't worry! The stimulus plan will include in-vitro fertilization for welfare moms and illegal immigrants. Once they start popping out babies (8 at a time!), that $50k debt per person will drop significantly.

    --
    Do you even lift?

    These aren't the 'roids you're looking for.

  36. Case in point... by linuxjack55 · · Score: 1

    I'm a 10Mbps Charter subscriber who, as of yesterday, became subject to a 100GB monthly cap on my service. I really, really, really want to change providers, as much to punish Charter for its hubris as to get out from under the cap. My only other broadband option is DSL, which The Phone Company provides to our neighborhood in one flavor: 768Kbps/256Kbps. Some choice, eh?

    --
    The trouble with practical jokes is that very often they get elected. -- Will Rogers
  37. Wow. by The+Cisco+Kid · · Score: 2, Insightful

    A mainstream media property actually "gets" something technical related to the Internet. Assuming the summary is right, they've got it dead-on.

    The stimulus money should only be permitted to go to non-incumbent providers.

    Alternatively, it should only be permitted to be used by a given provider to extend full wired (or fiber) service to geographic areas currently completely unserved by that provider (Eg AT&T would have to extend into non AT&T areas currently serviced by other telecoms, etc, ditto for cable)

    1. Re:Wow. by Lorien_the_first_one · · Score: 1

      I like the first one better.

      --
      The diversity and expression of human opinion is essential to human survival.
    2. Re:Wow. by legirons · · Score: 1

      A mainstream media property actually "gets" something technical related to the Internet. Assuming the summary is right, they've got it dead-on.

      The stimulus money should only be permitted to go to non-incumbent providers.

      Yep. I couldn't believe that article complained about web-filtering abusive-DPI-using people not being able to get at the trough of new money, like that was some sort of a bad thing...

      FTA: "net neutrality, which in its most radical version would bar providers from charging different amounts for different kinds of broadband content"

      Radical? Surely that's just standard. Do you pay more for electricity if you want to run a Mac with it instead of a PC?

  38. Re:Right Wing Nuts by pipatron · · Score: 1

    I'm rather surprised the cell phone companies aren't trying to jump into the residential data market.

    I thought that a big part of the problem you have is that the cable company, phone company and the cellphone company are actually owned by the same corporation, thus trying its best to make sure that there will never be fair competition.

    --
    c++; /* this makes c bigger but returns the old value */
  39. Re:Big Surprise by Hatta · · Score: 4, Insightful

    A government mandated monopoly whose goal is to maximize private profit is a whole lot different than a government administered network whose goal is public service.

    --
    Give me Classic Slashdot or give me death!
  40. Savings by snspdaarf · · Score: 2, Interesting

    Ok, people need to save more instead of spending everything they earn. That's been true for a long time. However, savings accounts earn such a low rate of return that with any inflation at all it costs money to have it in savings.

    --
    Why, without your clothes, you're naked, Miss Dudley!
    1. Re:Savings by Shakrai · · Score: 1

      However, savings accounts earn such a low rate of return that with any inflation at all it costs money to have it in savings.

      Who said a savings account is the only place you can park your money?

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
    2. Re:Savings by MightyYar · · Score: 1

      it costs money to have it in savings.

      You should still keep about 3 months salary in savings (as a rule-of-thumb) - it's for a rainy day, not an investment. You don't want your rainy day fund suddenly worth 30% less like your 401k.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    3. Re:Savings by JesseMcDonald · · Score: 1

      So don't put your wealth into a dollar-valued savings account. Exchange it for something with a lower historical/projected rate of depreciation, and hold on to that instead. "Savings accounts" aren't the only way to save.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    4. Re:Savings by legirons · · Score: 1

      Ok, people need to save more instead of spending everything they earn. That's been true for a long time. However, savings accounts earn such a low rate of return that with any inflation at all it costs money to have it in savings.

      Indeed, some believe that's the aim of the government -- by destroying everyone's savings with low interest rates (which are useless since normal people can't borrow at that rate) and high inflation (which redistributes money from everyone else to the government), they achieve their aim of preventing anyone from saving money:

      http://burningourmoney.blogspot.com/2009/01/enemies-of-people.html

  41. The CEOs deserve their bonuses by EmbeddedJanitor · · Score: 1
    ... according to their shareholders.

    The CEOs secured the shareholders a great bail-out and the shareholders just want to say thanks.

    The big idea with recession-time spending is to generate infrastructure that will help build the economy in the future. Spend now, reap later. For the Great Depression this was roads, bridges and the like. The problem with extrapolating this thinking into the modern age is that a road continues to perform its function for 50 years while broadband goes obsolete in a couple of years.

    --
    Engineering is the art of compromise.
    1. Re:The CEOs deserve their bonuses by timeOday · · Score: 1

      The problem with extrapolating this thinking into the modern age is that a road continues to perform its function for 50 years while broadband goes obsolete in a couple of years.

      I disagree. First, roads require continual maintainence at great expense. Second, I do not believe the demand for bandwidth is infinite. Once we have enough for a few high-definition streams to each household, demand will level off.

    2. Re:The CEOs deserve their bonuses by Anonymous Coward · · Score: 0

      How exactly Broadband go obsolete? Does the internet stop working in a couple of years?

      I would like to know the expiration date of my home broadband account...

  42. Re:Big Surprise by buswolley · · Score: 2, Interesting
    Ideological slave. Take you ism elsewhere, slave.

    Do not engage the ism. Do not feed the ism. Starve the ism-ite the food of attention, and it will wither away.

    Because there is no saw dust in my bread because of regulation. Because regulation prevents 100's of women from burning up in locked textile factories.

    Because our liberties are protected better because they are not on the market.

    --

    A Good Troll is better than a Bad Human.

  43. Re:Right Wing Nuts by Anonymous Coward · · Score: 0

    You cant really call it overpriced if people are buying it. Maybe try and get together some people together and have a boycott by residential users if you want to lower the price. If it was actually overpriced, people wouldnt be buying it, because it wouldnt be worth the money they are spending, they feel it is worth it, so they spend, it is the consumers choice

  44. The entire 'stimulus' package is a joke.. by FireStormZ · · Score: 1

    The focus on tax cuts by republicans is ridiculous Im all for tax cuts but we tried handing everyone a check last year and it did little to prevent this. People are saving money right now (those who can) if you give them more its not going to get spent.

    The Democrats trying to use this as a do everything bill hiring more teachers, nurses, cops, and the like is *not* stimulus, its not a bad thing to do but every teacher you hire has an indefinite growing expense. Are you going to fire all these teachers when the package has run its course or have you just increased the ongoing expense of government?

    --

    The Tax cuts, if any, should be limited to people within 15% of the poverty line.

    The Spending should only be for capital projects Build a birdge and there is a much smaller annual cost for maintenance when the package is done.

    --

    The Republicans are doing nothing but fighting for ground to piss on, and Obama and the Congressional Dems are doing nothing but using FUD to push though a package with some stimulus and mostly wasteful open ended government spending.

    --
    "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    1. Re:The entire 'stimulus' package is a joke.. by Chandon+Seldon · · Score: 1

      Im all for tax cuts but we tried handing everyone a check last year and it did little to prevent this.

      Surprise rebates are drastically different from tax cuts. With a tax cut, you know you'll have X amount more money for years - you might buy a house or enter a business venture where you otherwise wouldn't. With a surprise rebate, you'll go out to dinner and maybe take the kids to six flags.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    2. Re:The entire 'stimulus' package is a joke.. by FireStormZ · · Score: 1

      "Surprise rebates are drastically different from tax cuts. With a tax cut, you know you'll have X amount more money for years"

      Right... Cause its not like they would ever raise or sunset them?

      --
      "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    3. Re:The entire 'stimulus' package is a joke.. by CannonballHead · · Score: 1

      The Tax cuts, if any, should be limited to people within 15% of the poverty line.

      The people who pay the least percentage and least amount of taxes, you mean?

      If I, the citizen and consumer, am the one that creates an economy by moving around money (investments, spending, saving, etc), then tax cuts to me should help, too. And I'm not within 15% of the poverty line.

      But I'm glad you see the spending as mostly wasteful/open-ended government spending, so at least I can agree with you there.

    4. Re:The entire 'stimulus' package is a joke.. by Chandon+Seldon · · Score: 1

      Right... Cause its not like they would ever raise or sunset them?

      They could do that anyway. Taxes aren't perfectly predictable, but people *do* make budgeting decisions based on their tax rates.

      I'm not trying to argue that tax cuts are the ultimate plan for this stimulus package, just that you certainly can't generalize from one-time tax rebates to actual tax cuts.

      --
      -- The act of censorship is always worse than whatever is being censored. Always.
    5. Re:The entire 'stimulus' package is a joke.. by timeOday · · Score: 1

      The Democrats trying to use this as a do everything bill hiring more teachers, nurses, cops, and the like is *not* stimulus, its not a bad thing to do but every teacher you hire has an indefinite growing expense. Are you going to fire all these teachers when the package has run its course or have you just increased the ongoing expense of government?

      State government revenues are down due to the recession, that is why they're facing laying off teachers and cops. It should be a temporary expense for the fed gov., if the economy recovers the states will take those expenses back.

    6. Re:The entire 'stimulus' package is a joke.. by FireStormZ · · Score: 1

      I mean the people most likely to lose their home in the next 24 months.

      I am actually for a flat or sale tax but that is beyond the scope of this bill.. There is a time to fight for top to bottom tax cuts but this is not it..

      --
      "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    7. Re:The entire 'stimulus' package is a joke.. by TheSync · · Score: 1

      The Tax cuts, if any, should be limited to people within 15% of the poverty line.

      You realize that if you make 15% over the poverty line that you don't pay any income taxes. Many people in that region have a negative income tax due to EITC.

      Now they do pay payroll taxes, but that is for Social Security, right? ;) Of course we all know that is baloney.

      I suggest a 100% payroll tax cut for the bottom 40% of household incomes, paid for by a a carbon tax of $0.50/gallon on gasoline and a $5/short ton on coal.

      The payroll tax cut will enable companies to hire more workers. One of the biggest problems in a recession is "sticky wages", the payroll tax cut allows businesses to reduce labor costs while not reducing worker take home pay.

      The carbon tax is probably something we need anyway, we should not be financing the stimulus from deficit given the current global credit challenge.

    8. Re:The entire 'stimulus' package is a joke.. by FireStormZ · · Score: 1

      "I suggest a 100% payroll tax cut for the bottom 40% of household incomes, paid for by a a carbon tax of $0.50/gallon on gasoline and a $5/short ton on coal."

      Are you kidding! that will throttle business at *best* it will offset the savings in payroll with more energy costs.

      If you want to get rid of the payroll tax and turn SS into welfare just eliminate the cap on wages contributed an dont tax the first 40K of household earnings.

      --
      "Ahh! Arrogance and stupidity in the same package, how efficient of you!" --Londo Molari
    9. Re:The entire 'stimulus' package is a joke.. by TheSync · · Score: 1

      "I suggest a 100% payroll tax cut for the bottom 40% of household incomes, paid for by a a carbon tax of $0.50/gallon on gasoline and a $5/short ton on coal."

      Are you kidding! that will throttle business at *best* it will offset the savings in payroll with more energy costs.

      The good news is that it is testable. We can look over the last few years and see that we have survived gasoline and coal price changes over this approximate amount and did fairly well during that time.

      I suspect the elasticity of demand for dropping labor costs is more than the elasticity of gasoline sales. Plus a carbon tax would spur new technology, and if you believe in Global Warming, that is a good thing as well.

      On the other, the Federal debt as a percent of GDP is reaching levels not seen since the paydown of WWII debt during the 1950's, and we are not paying it down. It is not out of the picture that we will see a global lack of confidence in US debt is on the horizon, which could be exceedingly costly. Blowing another $trillion through debt may not be a hot idea. We'll have to pay for it somehow down the road anyway. Based on tax incidence, I suspect my household will have to pay $50,000 net present value for the stimulus bills.

      Or we could blow off the stimulus and take an extra 1% of unemployment for 2.5 years according to Obama economic advisors Christina Romer and Jared Bernstein. Frankly I'd take that over the current stimulus bills.

      It is all cost versus benefit.

    10. Re:The entire 'stimulus' package is a joke.. by Rolgar · · Score: 1

      You know, increasing government spending increases corruption. If the government budget was a few billion dollars, their would be very little corruption, because their would be very little way for corrupt businesses or civil servants to get surplus cash out of the government, because it would be like trying to squeeze water out of a dried piece of leather.

      The Democrats rant and rave about corporations making profit, and Republicans and business' preference for working together, and corruption on the Republican side of government. But the Democrats are going to spend $800 billion on 4million jobs ($200,000/job!!!!) per Obama's numbers last night, and how much of that money is going to people doing nothing? I don't know, but it could sure be a whole lot. But if we were cutting spending, and taxes, how much money NOT BEING SPENT can end up in the hands of those that aren't doing anything for it? NONE!!!

      Does that mean their isn't corruption on the Republican side? Of course not, but what the Republicans consider necessary in the budget is much smaller than what the Democrats want, and most of it goes to scientists for military research, or producing tangible assets like military hardware and roads by Americans. Much of what the Democrats want is to pay somebody more for something they would be doing anyway, for instance paying a teacher $50k instead of $40k, but if they are going to teach at $40k, why should we pay them more? I mean, do you go and pay the car dealer $30k if he'll take $25k for the same car? No. Teachers, and other public servants should have their pay set by performance, and if they out-perform, and the principal and school board think a teacher should make more if they threaten to leave, they should be able to bid that teacher's salary up over the wishes of the teacher's union, and conversely, if a teacher doesn't perform, their pay should drop or they should be fired, which is near impossible in public schools.

      Do you know what organization in all of Detroit is doing better than any other? It's the Auto Workers Union! It does nothing, except bill workers for dues after creating inefficiency in the job market. You know what, I bet a whole bunch of people would take a job at an auto plant for half the money that the big 3 currently pay their workers (I would if I lost my job), but they are prohibited from doing so because of union friendly legislation and judges (put in place for decades of power by Democrats ruling Washington for 50 years after WWII). All of the problems with the big 3 have been building for decades, and this recession could put the final nail in the coffin if the Big 3 aren't freed of their union shackles, and allowed to go out and compete on level footing with their Japanese competitors. If it happens, the names Ford, Chevy, General Motors, Dodge, Jeep, Chrysler are going to be bought by Toyota or Honda.

    11. Re:The entire 'stimulus' package is a joke.. by Areyoukiddingme · · Score: 1

      There has never been a tax change in my entire working career that affected my personal financial decisions. No cut or increase has EVER changed the bracket I'm in. By that I mean the car I can afford is still the same. The house I can afford is still the same. The college I could afford was still the same. The furniture I can afford is still the same. The computer I can afford is still the same, or if it isn't, it's because I shuffled around my own internal allocation of discretionary spending. Not ONCE has a tax change made any noticeable difference. The only change that made a difference was graduating and getting a job in my field and getting out of the grunt job bracket. The government helped me with that by backing my student loans. So tax cuts and surprise rebates are the same thing, and neither affects my lifestyle.

    12. Re:The entire 'stimulus' package is a joke.. by Zerimar · · Score: 1

      The Tax cuts, if any, should be limited to people within 15% of the poverty line.

      I'm not sure that's even possible. I don't think people that close to the poverty actually pay any taxes.

      Being within 15% of poverty indicates an income of about $12,000 max. Backing out a personal exemption leaves about $8500 taxable income, putting you in the 10% tax bracket - or roughly $850 of income tax. If they have children or are married, they pay basically nothing.

      Where do the tax cuts come from then? Social Security and Medicare? Those systems can't afford any cuts. If there were an easy answer, someone would have implemented it by now.

    13. Re:The entire 'stimulus' package is a joke.. by Forbman · · Score: 1

      maybe the OP was a former financial executive, where "poverty" == $500K/yr...

    14. Re:The entire 'stimulus' package is a joke.. by Grym · · Score: 1

      "Does that mean their isn't corruption on the Republican side? Of course not, but what the Republicans consider necessary in the budget is much smaller than what the Democrats want, and most of it goes to scientists for military research, or producing tangible assets like military hardware and roads by Americans.

      The Republican Party can just give up its self-proclaimed title as the party of fiscal conservatism and "small government" after the past eight years. With massive expansion of the federal government, executive powers, and the national debt, it's clear that such rhetoric was never the real agenda anyway.

      Furthermore, those military assets are, in themselves, a massive liability. They give our leaders the false impression that the easiest solution to almost any foreign problem is to use our invincible, "full-spectrum dominant" military. So, instead of negotiating, we invade. Instead of evaluating our unsustainable lifestyle, domestic dysfunction, or dependence on foreign oil, we decide it's just easier to do fool's errands like attempting remake the middle east in our own image.

      Large standing armies also represent a major threat to any republic. It's THE major reason why the founding fathers insisted on the use of militias rather than a professional army for national defense. Professional armies inevitably lead to costly military adventurism and (more often than not) military coups. In terms of the latter, the United States has been very fortunate, but then again, we've never had really tough times since the conception of the modern military industrial complex... How worthy of an investment is an M1A2 Abrams tank if eventually ends up rolling down an American street?

      -Grym

    15. Re:The entire 'stimulus' package is a joke.. by myspace-cn · · Score: 1

      I got Zero from the last stimulus.
      I will get Zero from this stimulus.
      I make Zero right now.

      How is this helping?

    16. Re:The entire 'stimulus' package is a joke.. by virg_mattes · · Score: 1

      The focus on tax cuts by republicans is ridiculous Im all for tax cuts but we tried handing everyone a check last year and it did little to prevent this. People are saving money right now (those who can) if you give them more its not going to get spent.

      I thought it was a useless idea when it happened, but it did work the way it was intended. By and large, people did spend those checks. That doesn't mean that I think the idea is any better now, but if the government mails out a bunch of checks most of it won't get saved. That's just how the U.S. people are.

      The Democrats trying to use this as a do everything bill hiring more teachers, nurses, cops, and the like is *not* stimulus, its not a bad thing to do but every teacher you hire has an indefinite growing expense. Are you going to fire all these teachers when the package has run its course or have you just increased the ongoing expense of government?

      The idea is that "everyman"'s wages will rebound by the time the stimulus money runs out so that the economy will be better able to support the increases. The idea has economic merit because the government will still be paying for an unemployed teacher by way of government assistance, so it's not entirely lost money. I have my doubts that it'll work as well as the yay-sayers but I also doubt that it'll be as useless as the naysayers are predicting.

      The Tax cuts, if any, should be limited to people within 15% of the poverty line.

      Nice thought, but people within fifteen percent of the poverty line don't pay much tax to begin with. Eliminating tax at this level wouldn't have enough effect to matter in the long run, and the social implications would far outweigh the benefit.

      The Spending should only be for capital projects Build a birdge and there is a much smaller annual cost for maintenance when the package is done.

      The New Deal was all about this sort of thing. The problem is that there's not enough of this sort of stuff to restimulate the economy that we have today. Any economic stimulus that has any hope of working will need to be broader than building infrastructure, because unlike the '30s the country isn't made up primarily of craftsmen any more. If my government gave out a bunch of money to build a bridge in my hometown, it wouldn't help much because it's mostly not the bridge builders who are out of work. In fact, if I lost my job I couldn't even take up work on a bridge or other civic project because I'm not qualified, so it would be useless to me, and I'm far from alone in that regard. Gone are the days when Joe Average can get a government job.

      The Republicans are doing nothing but fighting for ground to piss on, and Obama and the Congressional Dems are doing nothing but using FUD to push though a package with some stimulus and mostly wasteful open ended government spending.

      Other than switching out party and president names, it's been that way for almost fifty years. It's going to take the American public voting in people other than politicians to change this, and to be frank I don't see that happening any time soon. I'd love to see the Independents run a campaign with a picture of an elephant and donkey and the slogan "When are you people going to learn?".

      Virg

    17. Re:The entire 'stimulus' package is a joke.. by virg_mattes · · Score: 1

      If you make zero right now, then you either don't want a job or you want a job but can't get one. If you don't want a job, then economic stimulus is irrelevant to you, since you're not supporting yourself on the economy. In other words, if you're supporting yourself without a job then you'd get a stimulus check on your means of support, and if you're not then the government is already paying your tab.

      If you're in the second part, and want a job but can't get one, then the stimulus is designed to make it easier for employers to hire people, thereby making it easier for you to find work. That's how it's planned to work, anyway. Whether it does remains to be seen.

      Virg

  45. WSJ Says Broadband Is by sexconker · · Score: 2, Insightful

    Bad juju.
    No likey series of tubes.
    Broadband not truck. Can't fill up.
    Bad juju cause bad thing happen.

    Paper good juju.
    Old ways best.
    Good juju make good thing happen.

  46. Re:Right Wing Nuts by pin0chet · · Score: 1

    Wi-Max really can't operate without exclusively-licensed, and there's simply not enough of it to go around. The FCC has been dragging its feet on the AWS3 band, for instance, which is prime ground for a Wi-Max network. Breaking the DSL/Cable duopolies can happen only if the command-and-control spectrum allocation process is abandoned. Tim Wu made this point in the New York Times a few months ago, but it seems that nobody at the FCC has listened to him.

  47. You know that is funny by kingcobra0128 · · Score: 0

    Canada must be even further behind then the us then. Because our internet is slower and more expensive then the providers give in the USA.

  48. Re:Right Wing Nuts by Kushieda+Minorin · · Score: 0

    Maybe try and get together some people together and have a boycott by residential users

    Boycotting Internet access? Count any Slashdotter out!

  49. MOD PARENT UP by Anonymous Coward · · Score: 0

    N/T.

  50. Even a broken clock is right twice a day by MikeRT · · Score: 4, Insightful

    You may not agree with their economic policies, but they have a point here. There has been a lot of fraud, waste and abuse in the use of the funds from the universal service fund that was set up to subsidize rural communications. Chances are, this $10B would just go into the money pit and end up padding the pockets of the major telecoms rather than being pumped directly into infrastructure development.

    If you want to see a real change, then get rid of the franchising laws. If the federal government could help the railroads deal with local and state laws in the 19th century, it can do so today with franchising laws that restrict access to these markets.

    There, I'll bet you never thought a conservative-libertarian would champion federal intervention.

  51. Re:These "other countries" should start to lag beh by FiveDozenWhales · · Score: 1

    15th in the world is remarkably low for the nation with the highest GDP and a history / tremendous self-pride of being technologically advanced for the past 100 years or so. That said, you make a good point; this is yet another examples of Americans being slightly below #1, and running around screaming about it.

  52. Funny story by cptnapalm · · Score: 1

    Years and years ago, I was in a bar, sloshed. Absolutely mind boggling drunk. I was so thoroughly intoxicated that I was seeing double. An easy solution to this was to slap one hand over one eye and thus eliminate the duality. And there was this girl. This really hot, blond dreadlocked, sleeve tattoo girl. So I gave money to the bartender to get whatever she wanted and I lurch back to my table.

    The girl and her friend sit at the neighboring table and she turns to me and says, "You're going to buy me a drink and not talk to me?" I give my present state of blitzness as an impediment to conversation, but she won't hear of it. For an hour or so, we chat and she laughs and she touches and all is great. But at some point, my party affiliation becomes a topic of conversation.

    "You're a Republican?" she asks.

    "Yep."

    She gets up and leaves the table. She would never speak to me nor even make eye contact ever again.

    Ah, open mindedness.

    1. Re:Funny story by geminidomino · · Score: 1

      Sad... but hey...

      Lay down with a dog, wake up with fleas.

      (What you get with laying down with the other side isn't any better, though)

    2. Re:Funny story by dragonjujotu · · Score: 1

      Lay down with a cat, wake up with... fleas?

      --
      Yes, I am obsessed with ellipses.
    3. Re:Funny story by Anonymous Coward · · Score: 0

      I love a story with a happy ending.

  53. I'm sorry, but... by archer,+the · · Score: 1

    that is not a good reason to be annoyed at your ISP, in my opinion. Having monthly caps should improve things. If an ISP has N customers that all use only 1GB a month, that ISP has lower capital expenses than an ISP with N customers that all use 100GB a month. Having caps (and appropriate pricing!) makes sense. They shouldn't be offering unlimited service to begin with, at least not without charging you for it.

    If your ISP starts mucking with your packets just because your using a third party VOIP app, the it's time to be upset.

    1. Re:I'm sorry, but... by Anonymous Coward · · Score: 0

      Bullshit. If you think they are going to lower prices with a cap in place, I have a bridge to sell you.

      And they won't start mucking with VOIP packets. they'll just charge for them, but their own VOIP service will not count as traffic, nor will the traffic to their "partners".

  54. Re:Big Surprise by Anonymous Coward · · Score: 0

    A duopoly is better than a monopoly. A pathetic amount of government intervention yielded pathetic results that were still better than what we had before. But now people have forgotten and are blaming everything on the government.

    If anything, we need *more* government involvement. Letting companies own the lines to your house is a recipe for disaster. The city should own the lines, and allow any company to provide service on them. This will maximize competition.

  55. Re:Right Wing Nuts by FiloEleven · · Score: 1

    Oh, yes. Very helpful. Don't bother attempting to address any of the arguments written about in the article; we are happy to take you on faith.

  56. Re:Right Wing Nuts by MightyYar · · Score: 4, Insightful

    You cant really call it overpriced if people are buying it.

    That argument doesn't really work in a monopoly. For instance, when AT&T was broken up, nearly everyone in the US already had phone service, and yet prices came down. It's hard to argue that AT&T monopoly phone service wasn't "overpriced". At the very least, it illustrates how hard it is to determine a fair price in the absence of competition.

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  57. Re:Right Wing Nuts by geminidomino · · Score: 1

    I don't know about that. The article has a point about the Duopoly. It's commonly cited on Slashdot whenever one carrier (usually Comcast) does something dickish.

    The article seems to be tacitly implying a need for market regulation to break the duopolies, which is rarely a right-wing position.

  58. Typical WSJ Bias by dcollins · · Score: 2, Insightful

    The WSJ is one of the most predictably biased editorial pages I've ever seen. Their very raison d'être is to beat the drum of laissez-faire capitalism. This allows consolidation/ buyouts and produces monopolies and higher prices to consumers.

    We need to regulate and provide broadband as a utility like all the countries ahead of us do.

    --
    We know where leadership by an anti-intellectual "strongman" who scapegoats minorities and likes boisterous rallies goes
  59. Re:Right Wing Nuts by deraj123 · · Score: 5, Insightful

    And if you happen to live in an area that isn't profitable to run service to I suppose you should just move then, right?

    Yes. Just because you want the benefits of living further from other people, don't expect me to subsidize the costs that decision incurs.

  60. Does Rupert Murdoch have a dog in this fight? by Anonymous Coward · · Score: 0

    Rupert Murdoch owns the Wall Street Journal along with the rest of his media conglomerate, News Corp. Does this stimulus affect his assets one way or the other?

  61. Re:Right Wing Nuts by mikael_j · · Score: 4, Informative

    If I'm charging $50 per ounce for onions and I'm the only source of onions in a city and getting an "onion reseller license" ("building infrastructure") is really expensive (but I got mine since I used to runt the government-owned onion store wouldn't you say that my onions are overpriced?

    And good luck trying to boycott someone who's got a regional monopoly, that's like when guys complain about always having to make the first move and some woman says "well why don't you guys get together and stop hitting on women? then we'd have to hit on you guys.", any sane person understands that it doesn't work.

    /Mikael

    (Why do I even bother replying to AC trolls?)

    --
    Greylisting is to SMTP as NAT is to IPv4
  62. No, of course not by Overzeetop · · Score: 1

    Wall street is not just a place where executives take foolishly large bonuses for questionable business practices. If a recent interveiw on the 500k salary cap had accurate data, you don't have to fear anything about the money on wall street going to a couple of super rich people. According to the compensation expert they had (NPR, a week or two ago), the $500k compensation strata hits in the 3rd to 4th year of employment for the MBAs who populate the firms who live and breathe the WSJ.

    These are just regular, working folks who want you to know that this money shouldn't got to broadband, especially since (1) they already get great service in New York, and (2) they lose more in $100 bills they leave in their drycleaning than they pay for broadband in a year.

    --
    Is it just my observation, or are there way too many stupid people in the world?
  63. Two Extremes by LordKaT · · Score: 2, Insightful

    The current national duopoly is the result of two extremes screaming at each other for the past 70 years or so.

    One said screams that we need to regulate everything and have the government put everything in order so that everything works one way.

    The other side screams that we need to degregulate everything and let companies do what they want to do in order to make more money.

    Well, we've got both right now. These companies - cable and copper providers - are both regulated and deregulated and we have, in effect, a system that simply looks at numbers and says "this is good" or "this is bad" - and now both sides are screaming even louder to regulate or deregulate.

    You know what we really need? More options. It's not about regulating or deregulating an industry, it's about competition.

    You can regulate the shit out of an industry so long as there is enough momentum to allow new players to move in and drive down prices. Without competition, over regulation becomes a burden on the business and the consumer - by forcing a business to comply with a standard of practice, they (the monopoly/duopoly/*opoly) will pass costs associated with regulation to the consumer, either in direct billing costs, reduced support overhead, or poor infrastructure maintenance.

    You can have a completely deregulated industry as well, but you still need that competitive momentum in order to keep the consumer from being raped in the ass. In a completely deregulated environment, the *opoly turn into the local Barrons of the community and become the almighty gatekeepers of the industry.

    In either environment, if you have real competition, consumers become valuable again (as opposed to the business commodity they are in the telco and entertainment industries).

    In the end, I think the best fit for America is a mixture of deregulation and dynamic "as needed" regulation (as opposed to the blanket industry-wide regulation that's currently enforced), and a breakup of local monopolies.

    1. Re:Two Extremes by Catbeller · · Score: 3, Insightful

      "One said screams that we need to regulate everything and have the government put everything in order so that everything works one way.

      The other side screams that we need to degregulate everything and let companies do what they want to do in order to make more money."

      Straw man.

      One side says deregulate everything, that government is incapable of doing good, that only business, unencumbered by anything other than the profit motive, can solve problems. That is the right, who call themselves conservative. That truly IS the definition of the right, of Bushism, of Reaganism, of Limbaughism.

      And there is everyone else, whom the conservatives call "liberals". And not a one, not a solitary, single, identifiable human-unit of those "liberals" has ever said the government needs to control everything so that everything works one way. Not even communists, should you find the odd one in a coffee shop, would say such a thing.

      Your other points are well made. The problem with the argument is the above, because you are letting the right define the terms. No such opponent to the right exists. Our "left" is so far to the right that we can barely find money to buy textbooks. We won't even build schools anymore, for such activity is socialistic. Such cash was cut from the stimulus fund because Republicans find it so.

      We had - emphasis *had* - government licensed monopoly in cable TV franchises for two simple reasons. First, it was damned expensive to drop cable to American homes, and no company wanted to do it if another company were to drop cable down as well, causing competition. They impressed upon localities to regulate things so they could make a nice profit by making sure individual companies were gifted with exclusive zones of coverage. Some gimmes like public access and a standard package of broadcast TV was included, and we were off. I was there, I remember.

      Secondly, because of *deregulation*, NOT regulation, the cable companies started to absorb each other and formed powerful monopolies of their own design. The few real competing cable companies were ruthlessly forced out of business by underpriced services or being bought outright.

      We have a duopoly because, after we collectively decided to open the business up to competition, over the EXTREMELY VOCIFEROUS objections, both vocal and campaign-contribution-wise of the cable companies, we let the telcos in to play. And then let AT&T reform after so agonizingly breaking them up. So now, thanks to dereg, we have two real players left. And they are cutting up the pie according to their own internal profit lines, making enough money to buy god.

      Can you imagine how much roads would cost if we had built them up this way, rather than competitive contracts according to government (ie people-driven) specs? Ever tote up how much our "free" market internet has cost us as consumers? Vs. how much it would have cost had a federal plan simply dropped the fiber to every house - once and for all, and let a price controlled, competitive bid system decide who provided the internet access itself?

    2. Re:Two Extremes by Anonymous Coward · · Score: 0

      That truly IS the definition of the right

      Beware the ghosts of the Montagnards.

  64. High speed internet trains. by Joe+U · · Score: 4, Insightful

    Here's a wild idea.

    We need a decent rail system in the US, we have trackbeds all over the place in bad shape. Railroads ran through almost every major town. Take the trackbeds, fix them up for a new rail system. While that's being done, since you're digging up anyway, lay new commuinication cables to each town alongside the rail bed. Now you've pretty much addressed broadband and rail transportation at the same time.

    Last mile can be handled either through local cables that the town can build out, OR wireless broadcasts at the railroad stations and using the local post offices as repeaters.

    There, federal rail, and unified communication. Oh, and don't let the NRPC or the USPS run this, they have enough problems.

    1. Re:High speed internet trains. by TheSync · · Score: 2, Insightful

      Take the trackbeds, fix them up for a new rail system.

      Would you like to do the environmental impact study? We're talking years.

      The other challenge is that the few places that actually have high-quality rails for Amtrak barely breaks even. Amtrak as a whole has never turned a profit. It is likely that even an improved passenger rail system would need a larger permanent subsidy to survive.

    2. Re:High speed Internet trains. by Joe+U · · Score: 4, Interesting

      Would you like to do the environmental impact study? We're talking years.

      You don't build anything great in a week.

      The other challenge is that the few places that actually have high-quality rails for Amtrak barely breaks even. Amtrak as a whole has never turned a profit. It is likely that even an improved passenger rail system would need a larger permanent subsidy to survive.

      The Interstate highway system doesn't turn a profit either, what's your point?

      I never said this should make money, this is a public works project to improve the country. Improving transportation and communication improves business and education.

      (Also, I said keep the NRPC out of this, the rails don't have to be all-passenger all the time, you can move express when there's no passenger trains running)

    3. Re:High speed Internet trains. by TheSync · · Score: 1

      The Interstate highway system doesn't turn a profit either, what's your point?

      I think it could if Federal gasoline taxes rose with inflation (they haven't changed since 1993).

      On the other hand, I doubt Amtrak could turn a profit at any ticket price level, because Amtrak can barely compete with airline prices even on short legs.

      Natural experiments have shown that most people continue to drive even at $4/gallon.

    4. Re:High speed Internet trains. by schnikies79 · · Score: 1

      The government shouldn't be in the business of making a profit. As far as the highway system goes, if they are making anything more than break-even, the taxes are too high.

      --
      Gone!
    5. Re:High speed Internet trains. by Joe+U · · Score: 1

      Natural experiments have shown that most people continue to drive even at $4/gallon

      That's not what AAA said. Even Amtrak saw a huge increase in riders.

    6. Re:High speed internet trains. by blind+biker · · Score: 1

      There, federal rail, and unified communication. Oh, and don't let the NRPC or the USPS run this, they have enough problems.

      A quick digression regarding the USPS: I don't know exactly what problems the USPS has, but as someone living outside the US and regularly receiving parcels of different size, mostly sent by USPS, I have to say that I'm extremely satisfied with their service. Not a single parcel damaged, not a single parcel lost - never, ever ever. And I received about 350 parcels from the USA sent by USPS. Contrast that with UPS which have managed to damage every and each parcel I got through them, at least a little bit. Some were even punctured through with something 10-20mm in diameter, damaging the content.

      Add to that that the USPS prices are very competitive compared to European postal services (and compared to the infamous UPS), and you can see why I am so happy with USPS, even though I am not even a US citizen.

      --
      "The agriculture ministry is not in charge of Gundam" - Japanese ministry official.
    7. Re:High speed internet trains. by Anonymous Coward · · Score: 0

      That is fine - the purpose of Amtrak should be to get people around, not to turn a profit. A good measure of Amtrak's success is its number of passengers, not how heavily it manages to rip off those passengers.

    8. Re:High speed internet trains. by subreality · · Score: 1

      Now you've pretty much addressed broadband [...] Last mile can be handled [...]

      Except that the last mile is *the* limiting factor in broadband deployment, full stop.

      There's plenty of long haul fiber all over the place to handle our needs for quite some time, and plenty of competing providers for the transit. It's the telco monopolies' hold on the last mile that kills us. In markets where there is municipal-run fiber, you can have the choice of literally dozens of ISPs, each of which is offering very reasonable very fast access.

    9. Re:High speed internet trains. by Joe+U · · Score: 1

      Mobile broadband via repeaters located in post offices and rail stations using the free spectrum opened up by the digital tv transition would work. Also, the idea was to build out a better network. I know there's plenty of long haul inter-city fiber, most of which doesn't go through the smaller towns, this idea was to bring it to the smaller communities as well.

  65. Re:Right Wing Nuts by tripdizzle · · Score: 1

    If its not worth boycotting, you are not being overcharged. If it wasn't worth more to you than the money you are paying, you wouldn't be purchasing it.

    --
    "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
  66. Natural Monopolies by sterno · · Score: 1, Redundant

    The problem is that there's a natural monopoly because of the physical impediments to connecting a dwelling to the network. I have three wires coming into my home:

    1) Power line
    2) Cable line
    3) Phone line

    It would be prohibitively expensive to set up the infrastructure to connect me to yet another line and that's what would be necessary to have true competition.

    To understand the problem, compare what we have in broadband service to the way that dial-up worked. In the dial-up market there were thousands of competitors because while local phone carriers provided the phone line, they had no control beyond the last mile. You could connect to compuserve, AOL, or hundreds of independent ISP's. The result was increasing speeds (within the physical limits of the phone wires) and declining prices.

    With broadband, you have the cable companies who have monopoly control over their wires and you have the phone company that has an effective monopoly. Yeah, I can get DSL from other providers, but the phone company deliberately interferes with this and because of their control of the local pipes, can generally offer cheaper service. So while you have competition, in theory, between DSL and cable, as a practical matter it's nonexistent.

    There's potential for competition from wireless and that's somewhere the government can do a lot to help. However, wireless will always be slower than a wired connection, and ultimately if I want wireless I'm looking at the same companies who currently provide DSL service (AT&T, Verizon, etc).

    --
    This sig has been temporarily disconnected or is no longer in service
    1. Re:Natural Monopolies by DarKnyht · · Score: 1

      The city of Clarksville, TN managed it. We have fiber ran to every house in the city and both cable and internet is provided by the Clarksville Department of Electricity. 10 mb/10 mb connection.

      It isn't that it cannot be done, it is just that too many local governments have elected officials that either don't get it or are paid not to care.

      --
      Voting them all out of office, now that's change I can believe in.
    2. Re:Natural Monopolies by edmicman · · Score: 1

      So why not seize control of the cable and DSL lines? Have them owned by the Local People and allow any provider to offer broadband service through those conduits. If it worked for dialup, why won't it work for broadband? Hell, the dialup and DSL are all coming in on the same phone lines!

    3. Re:Natural Monopolies by hedwards · · Score: 1

      There are ways of dealing with that. For instance control and maintainence of the infrastructure should be separated from those providing service. And the contract to do that should be put up for a bid from time to time with cost and quality put into account.

      Perhaps even allow service providers to make repairs and bill them back to the infrastructure provider if they're not making the necessary investments. As well as a daylighting of the work that they're actually doing.

      I'm sure that there are other ways, but those pop to mind.

    4. Re:Natural Monopolies by sterno · · Score: 1

      Indeed, but ultimately it requires government to step in and take control. It's not government regulation that created the problem, it's the lack of it that created the problem.

      --
      This sig has been temporarily disconnected or is no longer in service
    5. Re:Natural Monopolies by Hokie06 · · Score: 1

      Out of curiosity. What are the rates like for the service? Comparable to cable and DSL?

      --
      Kilroy was here.
    6. Re:Natural Monopolies by DarKnyht · · Score: 1

      For the same price I pay for 1.5 on DSL, I will be getting the above rate. As for the cable it seems to be roughly the same.

      www.clarksvillede.com has the pricing.

      --
      Voting them all out of office, now that's change I can believe in.
    7. Re:Natural Monopolies by Phroggy · · Score: 2, Interesting

      The city of Ashland in southern Oregon also offers 10mbps fiber to everyone in the city, but they don't run their own ISP - instead, they allow competing ISPs to offer service through their fiber network. Each ISP sets their own pricing, and they pay AFN for the connectivity.

      Here was a price comparison from 2005.

      --
      $x='S24;r)>63/* h@<5+oZ)32"5cz';$me='phroggy'x$];
      $x=~y+ -xz+\0-Tx+;print$_^chop$me for split'',$x;
    8. Re:Natural Monopolies by shaitand · · Score: 1

      That's pretty lousy, but then 10mbps isn't a great infrastructure pipe and those numbers are from 2005.

    9. Re:Natural Monopolies by Phroggy · · Score: 1

      Yeah, with a brief Google search, I couldn't find updated numbers.

      --
      $x='S24;r)>63/* h@<5+oZ)32"5cz';$me='phroggy'x$];
      $x=~y+ -xz+\0-Tx+;print$_^chop$me for split'',$x;
  67. Re:Right Wing Nuts by Duradin · · Score: 0, Flamebait

    Sometimes I wish you free market nuts would get exactly what you are wishing for, though only after I have sufficient supplies and ammunition to ride out the ensuing dark age.

  68. Re:Right Wing Nuts by Guysmiley777 · · Score: 1

    I dunno about that. I recently moved to Texas and found that their scheme of allowing multiple power companies to "compete" in the same market led to nothing but price collusion and more expensive power for the customer.

    --
    Coding with assembly is like playing with Legos. Coding an application in assembly is like building a car with Legos.
  69. Re:Big Surprise by Shakrai · · Score: 2, Insightful

    than a government administered network whose goal is public service

    You'll forgive me if my experiences with DMV don't inspire confidence in the ability of government to run anything.

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  70. Re:Right Wing Nuts by MightyYar · · Score: 4, Insightful

    I think the "authority" model might work. Let a local authority handle the connection to the home, just as they do with water, sewer, etc. Then allow you to utilize the data pipe in any way you wish - select from any ISP willing to hook up to the authority. This way it would be up to the local authority how to best connect each home... fiber, copper, even over-the-air. When it comes to these hookups to the home, you can't have unbridled competition... so why do we pretend?

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  71. Re:Big Surprise by Shakrai · · Score: 1

    Allow every company that wants to dig up whatever infrastructure they want wherever they want?

    If they think they can do it profitably and clean up after themselves then why not allow it?

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  72. Re:Big Surprise by Beelzebud · · Score: 1

    Right Wingers love to say government can't fix anything, and so they elect people like George W Bush to prove it.

  73. Re:Big Surprise by ColdWetDog · · Score: 2, Funny

    Well what are you going to do? Allow every company that wants to dig up whatever infrastructure they want wherever they want?

    Might not be such a bad idea. Just imagine the Reality TV that could come of this sort of thing:

    "Back hoe battle! Watch the Comcast Constructors stomp the Verizon Victors! In a neighborhood near you!

    Could be quite the show. Imagine the residual benefits - more jobs in road paving, more advertisements, better bonding with your neighbors (local teams could ninja the telecoms as a side show....). What's not to like?

    --
    Faster! Faster! Faster would be better!
  74. Re:stuff that matters by Jeremiah+Cornelius · · Score: 4, Insightful

    Of course WSJ says this.

    They doctrinally believe, and are paid to amplify the message that the ills of the world can be cured by giving a free hand to the same people responsible for the global financial collapse.

    --
    "Flyin' in just a sweet place,
    Never been known to fail..."
  75. Re:Big Surprise by MightyYar · · Score: 1

    Doesn't this seem to be a situation where you can't just have a "free market"?

    I agree, but the answer isn't just to give the existing company a monopoly.

    People generally get pretty good sewer and water service... why not use that model? The government, acting as a non-profit authority with revenue from usage fees, installs and maintains the connection. Then, customers can sign up with any data service provider that they wish. Verizon can still sell telephone service, Comcast can still sell television service - but they now have to share a single fiber/cable/wireless connection into the home via the local authority.

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  76. gov't intervention could be good by sneakyimp · · Score: 2, Interesting

    To beat the dead horse of the 'Information Superhighway' analogy, let us compare the Internet as infrastructure to our roads as infrastructure. The Interstate Highway system was planned and funded by the federal government and has done more to enhance the economic growth of the United States than probably any other public investment in our history. Without the federal government feeling envy about Hitler's autobahn, the Interstate highway system would NEVER EVER have been built by private investment and we would likely be much less wealthy as a nation than we are today.

    Let's also take a look at the list of 'most wired' countries. What strikes me immediately is that nearly all of them are much more socialist-leaning than the United States. Denmark, Netherlands, Switzerland, Sweden, Finland, etc. South Korea's dramatic improvements lately have been attributed to that nation's deliberate subsidies and investements. They are also geographically quite small.

    I'll be the first to complain about wasteful government programs (I LOATHE the California DMV more than nearly any agency on earth) but, having dealt with Adelphia, Time Warner, and AT&T in the past, I seriously doubt that the so-called 'competition' we have in the ISP industry is going to accomplish anything except higher prices and bandwidth caps. One might recall that the 700Mhz spectrum auction -- supposedly a panacea for lack of competition -- resulted in the incumbents buying everything up.

    Let's face it. There is really no competition. I live in Los Angeles and my only option is Time Warner. This is some serious bullshit.

  77. Re:Right Wing Nuts by tripdizzle · · Score: 4, Insightful

    Why not, the good people of our small towns and countrysides subsidize the ever lasting cycle of inner-city welfare recipients. (The modstick will sting for that one) All joking aside, I used to live in a rural area (northern MN), and there were/are currently no options for broadband (parents and lil bro still on dial-up). If they really wanted or needed it, they would move 15-20 miles and live near the "city" (population still less than 3k). If a demand is created, a business that wants a profit will swoop in to fill that demand, as always, for a price.

    --
    "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
  78. your argument fails by circletimessquare · · Score: 1

    because sweden's population is concentrated in the bottom of the country

    if the population of sweden were uniformly distributed from lapland to jutland, you would be 100% correct. but if 90% of the population is concentrated in a small area near denmark, and the other 10% is scattered about the rest of the area, sweden can still rank highly even if that 10% were completely ignored

    meanwhile, the usa's population, while concentrated somewhat on the coasts, is not so nearly concentrated as sweden's is

    in other words, the population density of kansas is much higher than the population density of lapland, making kansans a much greater foil to a high usa rating than the sami people are to sweden's rating

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  79. Re:Right Wing Nuts by SnapShot · · Score: 1

    FYI, right now I have a $25 / month WiMAX provider in Baltimore (up to $35 in 4 months). I purchased the stand-alone modem since and it's been pretty reliable. In general the ping times are a little slower than my Cavalier DSL but the throughput is consistently faster.

    --
    Waltz, nymph, for quick jigs vex Bud.
  80. The entire stimulus package is a farce by Kashell · · Score: 0

    Let's assume for a moment that the government allocates it's money efficiently and makes the best decisions possible. Even so...

    Government's goal: Increase consumer spending to increase the velocity of money without causing inflation and without changing the money supply. (M| * V^ = P| * Q^)

    1. Government spends X amount in stimulus package.

    2. Government must raise X amount through taxes.

    3. Consumers recognize higher taxes in the future.

    4. Consumers save money to offset higher taxes in the future.

    5. The velocity of money decreases.

    6. The government's policies fail.

    Of course, we all know that the government won't allocate those resources efficiently at all. You can see how bad of a decision that "stimulating" the economy ultimately will be.

    1. Re:The entire stimulus package is a farce by myspace-cn · · Score: 1

      2. Government must raise X amount through taxes.

      Actually

      Government must raise X through Treasury Bonds.

      (Which China can't buy much longer.)

      I predict, China will keep going a little more, while dumping everything out of the $USD , finally when the shit hits the fan. $USD will be worth nothing.

  81. Re:Big Surprise by jfengel · · Score: 1

    Well, compare your internet and mobile phone service to Asian countries, and let me know.

  82. Re:Right Wing Nuts by dragonjujotu · · Score: 1

    It would have to be done with the electric utilities rather than the water, as quite obviously not everyone is attached to a city sewer

    --
    Yes, I am obsessed with ellipses.
  83. And they'd be right by DesScorp · · Score: 4, Interesting

    Of course they do. The Wall Street Journal is a temple of supply-side economics. According to them, the government can't do anything right, except cut capital gains taxes. I would have been very surprised if they'd had anything good to say about this bill.

    So the WSJ is pro-market... that doesn't invalidate their argument. This bill still stinks. Stimulus spending doesn't work the way it's being advertised... it has little to no effect on short term job preservation or creation. While we all need things like roads and bridges, spending tax dollars on roads and bridges does not stimulate the economy in the short term... that money takes too long to percolate through the economy.

    Stimlus spending didn't cure the Great Depression, nor did it shake Japan out of it's 90's doldrums. Admirers of the New Deal take great offense at the notion that the New Deal was a failure in reversing the Depression, but even left-leaning historians and economists agree that it was WWII production, not the New Deal, that finally brought us out of the depression. Shouldn't the metric of whether an anti-depression program worked be the elimination of the depression?

    --
    Life is hard, and the world is cruel
    1. Re:And they'd be right by Anonymous Coward · · Score: 0

      "Admirers of the New Deal take great offense at the notion that the New Deal was a failure in reversing the Depression, but even left-leaning historians and economists agree that it was WWII production, not the New Deal, that finally brought us out of the depression."

      That is not true. Historians and economists agree that the New Deal DID bring the country out of the depression - it's hard to argue with a chart of GDP. Even if they didn't, as you allege, this is what's left of your argument - "it was [a massive government funded spending project, which included huge amounts of regulation], not the New Deal, that finally brought us out of the Depression. So, are you saying we need a bigger stimulus? I happen to agree.

      That should be the metric, it is the metric, and it passes the metric.

    2. Re:And they'd be right by dkleinsc · · Score: 5, Interesting

      Stimlus spending didn't cure the Great Depression. Admirers of the New Deal take great offense at the notion that the New Deal was a failure in reversing the Depression, but even left-leaning historians and economists agree that it was WWII production, not the New Deal, that finally brought us out of the depression.

      The main difference between the New Deal spending and the WWII spending is that the WWII spending was even more massive and with much greater government control. For example, wages and benefits for a large proportion of workers were set by government regulators. What could be produced was set by government bureaucrats. During WWII, the domestic economy was something approaching a Communist command economy.

      So if WWII-style spending is what gets us out of a Depression, then expect more government control than you have in the current stimulus bill, not less.

      --
      I am officially gone from /. Long live http://www.soylentnews.com/
    3. Re:And they'd be right by Eskarel · · Score: 1

      The problem with this is rather simple. Short term job creation/preservation doesn't work particularly well in these kind of circumstances.

      The US is in a hole because the US economy is disfunctional at a fundamental level and has been for probably at least the last 30 years or so. Bush tried throwing immediate money at it(over a trillion dollars of immediate money) and as far as I can see it hasn't worked. I'm not saying that the new stimulus plan is going to work either, but there's probably no way out of short term pain here without even more disasterous long term results(having to print its way out of debt for instance causing massive inflation for instance).

      About the only thing that's going to save the US at this point is a combination of tough long term change and probably a fairly large short term welfare budget to get people through until things get better.

    4. Re:And they'd be right by Magnus+Pym · · Score: 1

      WSJ is more than pro-market. They are the upmarket voice of the hardcore right-wing and the neocons. This is the place where the amoral and venal float trial balloons for their latest schemes.

      In the past, the WSJ has supported child labor and indentured servitude, has railed against anti-discrimination laws and civil rights. Even twenty years ago, their editorial page has advocated positions that even the neocons of today would distance themselves from.

      Magnus

    5. Re:And they'd be right by Idiomatick · · Score: 1

      child labour is LOVED by people in poor countries. They figure, I know its horrible our 8yr old has to work but it sure beats being dead. Plus, making next to no money is a step towards making money. Making no money leaves a country mired in starvation for decades. You need money and a system to support children. If you don't have that they need the labour. If we had laisse faire economics then this wouldnt be an issue. Currently laws are written to screw poor countries. If they had the chance they could make things at 1% what we do and it would destroy half our businesses. Oh but it would instantly solve the problems in the poor countries and allow them to support their children without making them work. We just aren't ready to do that.

      Also, some anti-discrimination laws like quotas are bad and they are just reverse-discrimination which doesn't help anyone.

    6. Re:And they'd be right by Anonymous Coward · · Score: 0

      So the government spending of the New Deal isn't what got us out of the depression, but it was the government spending of WWII that got us out of the depression? This argument being put forward by pro-market people always confuses the hell out of me, because doesn't it only underline that GOVERNMENT SPENDING is the key ingredient? It just matters how/where that money is spent?

  84. Re:Right Wing Nuts by dragonjujotu · · Score: 1

    I thought market regulation was left-wing. I'd hate to be the eagle on the US emblems, who doesn't know his left wing from his right wing.

    --
    Yes, I am obsessed with ellipses.
  85. Re:Right Wing Nuts by Arivia · · Score: 1

    wait what not everyone has water? ;) You're forgetting that some city dwellers are unfamiliar with life beyond the 'burbs.

    --
    The role of the writer is not to say what we can all say, but what we are unable to say. -Anais Nin
  86. AOC vs. The Constitution by DesScorp · · Score: 1

    No, it was founded under the assumption that the federal government is necessary for some things, but needs to be closely watched, monitored, and limited. The Articles of Confederation actually provided a weaker national-level government, and it failed.

    I wish people would remember THAT.

    But the Constitution was about central political and military power, not economic micromanagment. Keep in mind that just a few decades after the founding, we killed off things like The Bank of the United States because we thought government had no damn business being such a big player in our economy.

    The standard has always been for a very minimal federal involvement in providing services to the public, usually when the job was too big for private interests... things like a post office. Very, very limited roles.

    --
    Life is hard, and the world is cruel
  87. Re:Right Wing Nuts by geminidomino · · Score: 1

    I thought market regulation was left-wing. I'd hate to be the eagle on the US emblems, who doesn't know his left wing from his right wing.

    It is. Thus why I said that it was "rarely a right-wing position" (I almost said "never" but I am careful about absolutes)

  88. Re:Right Wing Nuts by Anonymous Coward · · Score: 3, Funny

    Better question: Why do you bother signing your posts when your username is at the top anyhow?

  89. Mandatory competition by leonia · · Score: 1

    The article fails to mention that in both Korea and Japan, the government played a major role: In Japan, by forcing the incumbent to allow multiple IP operators to use the fiber at very low rates and in Korea, by construction subsidies. This isn't really technology competition as the article calls for - all the countries with cheap broadband use fiber-to-the-home or fiber-to-the-apartment-complex, with CATV playing a relatively small role. (There's very limited WiBro, the local version of WiMax, deployment in Korea, which plays almost no role.) And, as far as I know, all those countries have deployed such cheaper and more advanced infrastructure without violating network neutrality.

    The argument about population density might explain the absence of DSL and fiber in Montana, but doesn't exactly explain the high cost of FiOS in New Jersey (or its limited availability). The population density of New Jersey is very similar to that of Korea, at around 400-500 people/sq km.

  90. Re:Big Surprise by SnapShot · · Score: 1

    How about a single "infrastructure" monopoly -- call it Ma Pole, or something -- that leases the telephone poles, culverts, and underground pipes to whatever provider asks? You could have a free market in suppliers but maintain the natural monopoly of infrastructure.

    --
    Waltz, nymph, for quick jigs vex Bud.
  91. Re:Right Wing Nuts by Anonymous Coward · · Score: 0

    You have two options. Cable or DSL. Period.
    Usually from two companies.

    Now if you go with DSL, you're STILL dealing with
    two companies as the Internet Business is isolated
    from the phone service by law. So when the DSL dies,
    they point the finger at the phone company
    and their deteriorating copper plant. Of course
    the phone company simply points back at the DSL folks. :|

    There ISN'T any fu**ing competition. You get to
    choose between shit and more shit. It's a lose /
    lose situation for the customer.

    No one wants to get into the game because only
    super-sized monopolies who are handed taxpayer
    money to build the infrastructure to support it
    can afford to do so.

    It's astronomically expensive to plant fiber and
    the supporting hardware to cover an area the size
    of the United States. Even if you CAN, at some point
    you are going to be riding on optical backbones owned
    by the competition.

    So even IF we ever see real competition to the major
    players, they still control the data flow through their pipes.

    It's going to take a full blown tear down and
    reorganization of how broadband is delivered to
    the end customer before we ever see any changes.

    " He who controls the spice, controls the universe. "

  92. Re:Right Wing Nuts by oatworm · · Score: 1

    I'm normally not a free market interventionist, but the problem with your approach is that it's not just rural customers that suffer - poorer urban areas would also suffer. Just ask anyone living in a "food desert". Of course, there's a reason such conditions exist - high crime and low neighborhood incomes are not conducive towards any sort of a profit margin. Consequently, where the free market provides any solution, it's inherently limited and expensive to make up for the associated costs and limited customer base. Unfortunately, little of this helps the poor stop being poor, which just makes a bad problem that much worse

    That said, our current setup is the worst of both worlds. We have government sanctioned utility monopolies (or oligopolies) without any of the benefits that such an arrangement might provide. The result is a worst of both worlds scenario where they can cherry-pick which neighborhoods they want to provide access to, which neighborhoods they'll roll out future access to, and set higher prices with lower service to boot. Considering the relative infancy of broadband technology (consider where home-based telephone and Internet service was in, say, 1900), I'm fine with letting companies compete and sorting out universal access later, but they need to actually compete. Otherwise, if we're going to let them enjoy legally limited competition, we need to start demanding a few concessions in return.

  93. Old and Wrong by That's+Unpossible! · · Score: 1

    This article is from February 1st.

    Since then, that $10 billion for broadband has been cut from the bill.

    Move along...

    --
    Ironically, the word ironically is often used incorrectly.
  94. Re:stuff that matters by Jeremiah+Cornelius · · Score: 2, Informative
    --
    "Flyin' in just a sweet place,
    Never been known to fail..."
  95. Re:Big Surprise by lobsterGun · · Score: 1

    Did you take a shower today? The water probably came from the government, through government pipes.

    Did you drive to work? You probably drove on a government road.

    Was your country occupied by a foreign army? That's probably because of your government funded Army.

    Do you have electricity? It probably came to your house through a wire that was installed on a government mandated easement.

    I could give you more examples... a lot more examples, but I think I'd be wasting my time.

  96. Severely biased! by wshwe · · Score: 1

    The WSJ is severely biased towards the wrong right.

  97. Re:stuff that matters by FiloEleven · · Score: 1

    The Federal Reserve?

  98. Re:Right Wing Nuts by thelexx · · Score: 1

    Please describe for us the wildly successful and efficient government bureaucracies you seem to be holding in mind as counter-examples to, oh, just about any government office I can think of. I worked with various government family and child service agencies for a number of years. Bite me, you and all the brainwashed mods who are going to help send us all straight down the shit-hole.

    --
    "Gold still represents the ultimate form of payment in the world." - Alan Greenspan, 1999
  99. Injecting money into teh broadbandz by LunarEffect · · Score: 1

    would block all teh intertubes oO"

  100. just because by zogger · · Score: 1

    ...you choose to live far away from where the food, water and energy comes from, don't expect the people there to subsidize your consumption, they should be able to step in and have fair market rates and be able to sit on supplies until they get what level of profit they can extract.

    It works both ways friend, unless you think your food is magically produced in the back room of your favorite restaurant or deli, or that your water comes from the magic pixie dust tap, or that your energy supplies all come from the magic Mr. fusion plug in the wall, or that manufactured goods all come from the walmart replicator trucks.

      All of those things and more are heavily dependent on a "commons" approach to extraction/production and delivery. No water would get to you without a commons run pipeline system and water being taken from the rural areas without compensation, zip,nada, it is just seized and diverted and taken, food comes from there, and is delivered to you on the commons maintained highway system, we don't have universal toll roads where every piece of property maintains their own roads and can charge what the market will bear. And so on. If the power company had to negotiate a transit fee with every property owner that their electric lines cross, and cut them a check forever, what do you think your electricity bill would really be today? All the buildings you hang out in, they just magically sprang into existence, or did they get built with materials extracted and then formed into modern building materials in the rural areas first? Can we just keep all our resources in the rural areas and force you to move there if you want an apartment to hang out in, or food to eat or water to drink, at our rates we get to set without any governmental oversight or interference? To cut to the chase in this thread, just to make it even simpler, how about what we are talking about, copper wires or fiber in various forms for data? How about each property owner gets to negotiate if this data line is run through their property or not, then we'll see what "broadband" would really cost.

    See?

        A little bit of reverse caring and sharing and understanding would sure help with a modern more or less necessity now, advanced communication. The only reason we have a government is to negotiate the big picture things, and in the 21st century, communications are now part of the big picture.

          Colonialism is the suxors, man, folks who are outside the major urban areas just want a bit more of a fairer shake in things. It isn't a whole lot to ask *at all* considering the bulk of your life's necessities come from there, and so many of them are subsidised in your favor already by government mandate and commons investment.

  101. Bogus argument by tanveer1979 · · Score: 3, Insightful

    Okay, if you wanted broadband in a village, I would understand. But how would distance affect a densly populated downtown area. Densly populated area in US are no better off than sparsly populated areas

    --
    My Aurora : http://www.youtube.com/watch?v=o91ZsGwJYyg
    FB : https://www.facebook.com/TanveersPhotography
  102. Re:Right Wing Nuts by sherriw · · Score: 1

    Excellent post. Unfortunately there's a third option to the innovate or die system. #3: Ask for a bailout. This screws everything up. Wish the gov could see that.

  103. Re:Right Wing Nuts by EastCoastSurfer · · Score: 1

    I would like to add to your point about rural broadband. People need to quit saying it isn't offered. It's offered, just not at a price they want to pay.

    In Dec. I was in the middle of rural jungle in costa rica and found broadband. They used line of sight dishes opposed to cables to make it all work. It wasn't cheap to setup, but that's the price you pay to live out in the jungle.

  104. The Solution by Anonymous Coward · · Score: 0

    1. Throw all the cable and telecom lobbyists out of Washington.
    2. Revoke the corporate charters of Comcast, Verizon, et al.
    3. Strip Comcast, Verizon, et al of their right of ways.
    4. Ban any politician that complains from holding public office.
    5. Restructure the nations communications infrastructure to encourage competition and private investment.

    1. Re:The Solution by Anonymous Coward · · Score: 0

      6. ABSOLUTELY OUTLAW Electronic Vote Tabulation Devices

  105. no more government intervention by kokojie · · Score: 0

    The root of the subprime meltdown was the semi-government agencies Fannie Mae and Freddie Mac. They alone created a market for the subprime mortgages. Lenders simply have to make the loan and then they are able to cash the loan out by selling them to Fannie or Freddie (this is why both of these agencies are now bankrupt and has been taken over by the federal government, feds had to give them several hundred billion dollars in bailout immediately and possibly more in the future). So yet again, government intervention was the cause of the economic crisis. I can't imagine more government intervention (bailout package) would do any good, it would probably just prolong the depression.

  106. Re:Big Surprise by nine-times · · Score: 1

    What if several people want to dig up the same major road at various times. You don't want any kind of regulation there? No attempts to protect existing infrastructure from damage, or force companies to publicly document where their lines are going? Just nothing... a wild-west mentality toward building infrastructure. That sounds like a good idea?

  107. Re:Big Surprise by thePowerOfGrayskull · · Score: 1
    Local ordinances. At the local level, the government is most directly representing the population - their actions presumably reflect what most of the populace wants. If most of the populace says "NIMBY", then local government must interfere. Sufficient funds and profitability don't help when the locality (the local market, if you will) say "We have already had our roads dug up for Company X. We are not willing to go through that again."

    I think free market is a great thing in many if not most cases; but I also think there are some situations that the free market can't handle. Infrastructure - be it roads, telephone, fiber, sewage, trash collection, water lines - falls into the latter category. If any one company controls these things to the exclusion of all others (especially up to the point where a new provider can't enter market to offer competition), the consumers pay the price.

  108. Re:Right Wing Nuts by Chabo · · Score: 1

    [pedantic]Although she used that character on "Laugh-in", that particular quote is from her character's appearance on SNL, in 1976.[/pedantic]

    --
    Convert FLACs to a portable format with FlacSquisher
  109. Re:Right Wing Nuts by MightyYar · · Score: 1

    Hey, now... my brother is on a well. :)

    I'm just pointing out that, where people are connected to water and/or sewer, it tends not to be much of an issue because it works and isn't too expensive.

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  110. The competition should be in content and services by grandpa-geek · · Score: 1

    Advanced broadband (gigabit or multi-gigabit bidirectional to the end user) is a natural monopoly. Once you have the fiber and a basic complement of bandwidth installed, the marginal cost of adding more bandwidth is near zero. That makes the competitive price near zero. It also makes competitive market entry very difficult or impossible.

    Cable companies are part of the entertainment industry. They built their bandwidth to deliver entertainment, and their limited bandwidth makes it a scarce resource and justifies their business models. They want to keep the bandwidth dumbed down to preserve their business models and those of their content suppliers. They want everything bundled and very limited end-user choice in what content they pay for.

    Telco's had been common carriers -- providing bandwidth only -- but they want the profits of the entertainment business models and even if they install fiber they dumb the bandwidth down to preserve its scarcity.

    If we want real, high-speed broadband the policy should be to prohibit providers of bandwidth from providing or selecting content or services. They should be strictly providers of bandwidth.

    Content and services should be competitive. That punctures some existing business models, but opens up a lot of possibilities. For example, with bidirectional, gigabit or greater speed bandwidth any end-user can become a content or service provider. The only limit is how innovative people can be in producing content and services.

    Achieving the separation of content/services from bandwidth can be done by making bandwidth a regulated monopoly, by having end-user ownership of the last mile of bandwidth, by municipal or non-profit ownership of the bandwidth, or by other alternatives.

    If the bandwidth is high enough, competition in bandwidth will not work to make it offered more broadly or increase its use.

  111. Re:Right Wing Nuts by tripdizzle · · Score: 1

    Nope, our system pumps water straight from the ground, and sewage goes to a tank which gets pumped by a private company every couple years.

    --
    "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
  112. Re:stuff that matters by Mister+Whirly · · Score: 0, Flamebait

    Yes. Those 3 people are the only ones to blame.

    --
    "But this one goes to 11!"
  113. Simple? by TheNinjaroach · · Score: 1

    So if you want speeds faster than France, move to the one of the places listed above. It's that simple.

    Wow, I really don't want anything to do with a solution you would consider complicated!

    --
    I went to eat some animal crackers and the box said, "Do not eat if seal is broken." I opened the box and sure enough..
    1. Re:Simple? by phulegart · · Score: 1

      Moving isn't rocket science. People have been moving from one place to another longer than we have had a spoken language.

      --
      "I love deadlines. I love the whooshing sound they make as they fly by." -D. Adams
  114. Re:Big Surprise by EastCoastSurfer · · Score: 1

    If Obama is the saviour and is 100% certain that this pork spending bill is the answer, why does he keep begging and pleading with the American people and the republicans to support it? He has the votes already. He's just looking for a place to spread the blame when this whole thing doesn't work.

  115. Re:Big Surprise by nine-times · · Score: 1

    I think one of my other posts might be more up your alley. I wouldn't suggest that we abandon the idea of allowing market forces to come into play, but I'm also not in favor of a wild-west mentality toward building infrastructure.

    I think what lots of people fail to understand is the "governmental intervention" isn't always at odds with the idea of a "free market". Sometimes the government need to act in order to open a market to make it free. I think the idea should be to make the infrastructure (actual cabling and associated hardware) public, but probably charge a fee for using it. However, even that work of building and maintaining the infrastructure could be contracted out to a private company. It could even be owned by a private company, but in that case it should be *heavily* regulated to avoid unfair practices.

    Verizon shouldn't be able to own the network and provide voice service in the same market. They also shouldn't be able to give preferential access to their business partners. If they're allowed to do anything like that, it will lead to an inherent conflict of interest which will eventually be abused.

  116. Re:Big Surprise by Chabo · · Score: 0, Troll

    Did you get turned away from an emergency room because your heart attack isn't serious enough of an injury to warrant you cutting everyone else in line? You're probably a customer of Canadian government-provided healthcare.

    --
    Convert FLACs to a portable format with FlacSquisher
  117. Re:Big Surprise by powerlord · · Score: 1

    than a government administered network whose goal is public service

    You'll forgive me if my experiences with DMV don't inspire confidence in the ability of government to run anything.

    I don't know. Jokes aside, around here, the DMV has gotten remarkably efficient.

    My wife was from New Jersey, we live in New York. She had a car and a Drivers License.

    It took her a whole day at the DMV in New Jersey to get the paperwork done (waiting in lines) on their end. It took a half an hour to do the paperwork ("waiting on queue" time included).

    Shocked her almost as much as when she found out her insurance rates would go DOWN moving to New York. ;)

    --
    This space for rent. All reasonable inquiries will be entertained at proprietors discretion.
  118. Re:Big Surprise by Shakrai · · Score: 1

    What if several people want to dig up the same major road at various times. No attempts to protect existing infrastructure from damage, or force companies to publicly document where their lines are going? Just nothing... a wild-west mentality toward building infrastructure.

    WTF? I say "If they think they can do it profitably and clean up after themselves then why not allow it?" and you think I'm in favor of a wild west mentality?

    I should be obvious to anyone who isn't pushing an agenda that I wasn't advocating just letting any old slob with a jackhammer and some cat5 start tearing up the roads. I would presume that they'd still need to meet local codes and get building permits. I would presume that they'd have to pay to have the street repaved after it was torn up -- in the same manner that my existing natural gas or water utilities have to pay if they rip up the road. I would presume that they'd have to respect existing infrastructure in the same manner as anyone who is building anything has to respect existing infrastructure.

    What you seem to have missed or just ignored is the fact that even if you had a business plan that would meet all of the above requirements and wanted to enter a new market you would be shut out from doing so by a government backed monopoly.

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  119. Re:Right Wing Nuts by hedwards · · Score: 1

    There's a reason for that, and that reason is that the right-wingers aren't interested in admitting what a resounding failure free market economics is when practiced without sufficient regulations.

    I mean obviously Adam Smith was a commie, pinko bastard, because who else would acknowledge that deregulation is anything other than necessary. The hypothesis of deregulation as a means of generating wealth has at this point been pretty thoroughly debunked. It just doesn't work, capitalist societies with a complete free market will always move to a full and complete monopoly over absolutely everything.

    Deregulation can help certain things depending upon what the regulations were. More often than not when deregulation is the answer it's because the regulations were grossly ill conceived in the first place.

    Really regulations which unlevel the playing field or artificially restrict competition between rivals are the ones that need to be thought out. And those are typically the regulations that the right-wingers have been resistant to clean up.

  120. MOD PARENT UP PLEASE by Atario · · Score: 1

    I so wish I still had my points from a few days ago...

    --
    "A great democracy must be progressive or it will soon cease to be a great democracy." --Theodore Roosevelt
  121. Re:Big Surprise by Mister+Whirly · · Score: 1

    "A duopoly is better than a monopoly"

    Of course it is. Nothing better than having a choice of who bends you over and rapes you.

    --
    "But this one goes to 11!"
  122. Re:Big Surprise by nine-times · · Score: 1

    WTF? I say "If they think they can do it profitably and clean up after themselves then why not allow it?" and you think I'm in favor of a wild west mentality?

    Maybe. If you're really saying "allow absolutely anyone who *thinks* that they can do it profitably and clean up after themselves." Otherwise, you're dealing with governmental regulations that will limit who can enter the market, which goes back to my question as to whether you can truly have a "free market" when it comes to building infrastructure.

  123. Re:These "other countries" should start to lag beh by dragonjujotu · · Score: 1

    You mean education?

    --
    Yes, I am obsessed with ellipses.
  124. Re:Big Surprise by Hatta · · Score: 1

    I recently got a Drivers License from scratch after moving to another state and having had a suspension. I walked in, took a ticket, waited 2 minutes, took the writing test, waited 5 minutes, took the driving test, walked next door to the Treasurer, waited 5 minutes, had my picture taken, and walked out with my license in my hand. There was literally nothing I could find to complain about.

    --
    Give me Classic Slashdot or give me death!
  125. Re:Big Surprise by FiloEleven · · Score: 1

    Counterpoint:

    Quick summary: Creekstone wanted to go beyond USDA regulations and test all of its cows for mad cow disease. The USDA, beholden to the interests of larger meat packing companies who donâ(TM)t want to compete on safety, told them they couldnâ(TM)t. A lower court had ruled in favor of Creekstone, but now it looks like the company wonâ(TM)t get the chance to market their product with greater assurances of safety. Thanks, USDA!

    Source (plenty others available): http://www.jacobgrier.com/blog/archives/1326.html

    So there may be no sawdust in your bread, but there may be mad cow lurking in your burger. In your case it is already too late, psycho, but the rest of us would like the opportunity to choose beef that we know has been tested. USDA is preventing that.

    You also falsely assume that government regulation is the only kind of regulation there is, and you are also the one who started spouting off about regulation when GP was discussing the massive debt that the spending plan will incur.

    I seem to have misread your introduction; here I had assumed you were talking about GP, when I see now that it was a warning against the ism-laden content of your post.

  126. Re:stuff that matters by TheUglyAmerican · · Score: 3, Insightful

    The mortgage industry hardly ever had a free hand. When you have government assuming significant risk by guaranteeing loans, you don't have the necessary risk vs reward considerations that keeps markets healthy. So yes, the government was complicit but hardly the only ones to blame. You do have companies and individuals that took advantage of the situation to increase profit. You also have individuals that took advantage of the situation to get more home than they could afford. There is plenty of blame to go around. What I think is funny now is that you had unsustainable deficit spending by consumers that lead to unsustainable economic growth. That bubble has burst. To fix it we are now going to inject unsustainable deficit spending by the government. What a laugh!

    --
    "Written on the pages is the answer to the never ending story..."
  127. Re:Big Surprise by Shakrai · · Score: 1

    Yes, I think that someone who has a potentially viable business plan should be allowed to try and execute that business plan with a minimal amount of governmental interference. Make them put up the money to repair the streets in trust and then get the fuck out of their way.

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  128. Re:Right Wing Nuts by JesseMcDonald · · Score: 1

    Competition or no, the "fair price" is always the one both the buyer and seller agree to. To call something "overpriced" you have to compare it against some preferred, subjective reference price.

    In this case you're comparing the AT&T price (which itself was far from a free-market price, being the result of monopoly privileges established by the government) against an average of future prices established through further coercion. Naturally this latter price can be made a low as you like by simply applying increasing levels of force -- but only at the expense of greater costs elsewhere, many of which are not easily measurable (e.g. what is the dollar-value of the loss of liberty?).

    --
    "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
  129. Re:Big Surprise by AhtirTano · · Score: 1

    People keep saying this, but my experiences with the DMV have been about the same as my experience with AT&T, Citibank, and most the major airlines (long lines/on hold forever, mistakes that take forever to fix, completely unhelpful costumer service, etc.). And I'd rather deal with the DMV than Acer or Well's Fargo.

  130. We need another Judge Greene by smutt · · Score: 1

    From TFA:
    We're told that we now live in an era of more regulation and more government spending, but neither approach is how problems get solved in technology...
    What we need to get the U.S. back into the top ranks of wired countries is more competition, not taxpayer handouts. That would be a real stimulus.

    What this guy doesn't seem to get is that we only get more competition through more regulation. As was the case when Carter launched the case that broke up AT&T.

    We need to stir the pot every once in a while and break things up. It's time to break up AT&T again to create more competition in local exchanges.

    --
    The Information Revolution will be fought on the command line.
  131. Re:Right Wing Nuts by Lostlander · · Score: 2, Insightful

    That's like saying telephone service can't be overpriced. The internet has become one of the most crucial communication venues just because people are paying for it does not mean it's not overpriced. In any situation where there is a monopoly or duopoly on a utility level service prices can and will be fixed, by the providers, to a point of maximum strain unless otherwise regulated.

    People are greedy and your isp is not your friend they make money from you it's what they do. If they can squeeze 30 bucks more a month without you giving up completely and going back to dialup or quiting the internet they will.

  132. Yes, but it's a distraction. by IanHurst · · Score: 1

    While I won't say you're wrong, I dislike this line of argument. Poor connectivity hinders American interests. Discourse on *why* it's poor, instead of the *effects* of it being poor, seems like a distraction at best.

    At worst it's special pleading.

    I know that's not your argument (cause I've read your posts for a while), but if you'd posted it anonymously I wouldn't know it from yet another "don't tread on me, America is different" excuses.

    Who's spread out and who isn't is a waste of time. How we're going to get every American the best connectivity in the world matters.

  133. Re:Big Surprise by Shakrai · · Score: 1

    Well Kudos for you. Let me outline my last experience with DMV. I walked into the office to renew my drivers license. Two clerks working behind the counter. One of them announces that she's going on her lunch break and puts a closed sign on her desk. The other one makes eye contact with me and then proceeds to pick up the phone and make a really "important" phone call: "You won't believe what my boyfriend did! He ran up my cell phone bill texting his ex girlfriend and now I can't afford that tattoo I was saving up for!"

    A private business would have lost me as a customer at this point, but alas, Governmental monopoly so I don't have the luxury of doing business with someone else.

    Patriotism is bigotry.

    Love of my country makes me a bigot? Quite the sweeping statement you've made there.

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  134. Better ideas to stimulate by spartacus_prime · · Score: 1

    1. Cut spending. We can start with the failed War on Drugs, or perhaps even cut military spending. We spend billions of dollars a year on military projects that get canceled. Or we could even (Gasp!) start pulling out of Iraq.
    2. Revoke the tax-exempt status of churches. The really big mega-churches are pulling in millions of dollars a year, and yet so many religious types are violating the rules by inserting themselves into politics at any given opportunity. If those fuckers want to be relevant politically, they should pay.
    3. Cap CEO pay lower than $500k. You shouldn't be getting hundreds of thousands of dollars for sitting around all day with your thumb up your ass and only occasionally appearing to give a few speeches.
    4. Stop with the doom and gloom media stories. If you want people to have confidence in the economy, stop acting like it's the end of the world. Compared to the recessions in the 80s and 90s, we aren't so bad off as they were then. It just seems bad because the dollar figure is higher (inflation notwithstanding).
    5. ????
    6. PROFIT!

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    If you can read this, it means that I bothered to log in.
  135. Already Done - Re:High speed internet trains. by olddotter · · Score: 1

    A fair amount of fiber already runs along the train tracks, because the train companies already have the rights to that land. See this for more info: http://www.telecomramblings.com/2008/08/fiberrailroad-rights-of-way-case-finally-settled/

  136. Re:Right Wing Nuts by Lostlander · · Score: 1

    Yes because the inner city people can easily grow all the food they need inside the wonderfulness that is a city. Rural farming and development exist for a reason and it's not just so people from the city can have somewhere nice to live. That really only happens in areas close to a major city anyway. Humans need food, and lumber, and stone, and a dozen other things that come from rural communities.

  137. Re:Big Surprise by MightyYar · · Score: 1

    I pretty much agree with you. It's very similar to what has been done in the electric industry. We'd have to be careful not to under-fund the infrastructure, as many feel has happened with the electrical distribution system.

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  138. Re:Right Wing Nuts by tripdizzle · · Score: 2, Interesting
    But thats the thing, they cant squeeze that extra money out of me. Once I get passed the "introductory price" where its cheap, I call and ask to cancel it, when they ask why, I tell them because the intro price is over and I don't want to pay full, and the customer service rep just gives me another 6 months or a year at my current price, if they don't, which hasn't happened yet, I would cancel it and sign back up in a few weeks and get the intro rate again.

    You have options, don't let yourself be bullied or be labeled a victim.

    --
    "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
  139. Re:Big Surprise by swillden · · Score: 1

    A government mandated monopoly whose goal is to maximize private profit is a whole lot different than a government administered network whose goal is public service.

    Well, yes, and horses are different from unicorns.

    If you add the word "stated" in front of "goal", then at least you're comparing real-world entities. But then the truth of your statement becomes debatable.

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  140. Re:Right Wing Nuts by SwedishPenguin · · Score: 1

    That's how I get my broadband (100/100), the city owns the fiber and private ISP's offer internet service over the fiber, I have a choice between 7 ISP's, 2 phone service providers and 3 cable TV companies, all operating over the fiber.

  141. Re:Right Wing Nuts by Red+Flayer · · Score: 1

    Why not, the good people of our small towns and countrysides subsidize the ever lasting cycle of inner-city welfare recipients.

    You're kidding, right?

    Densely populated areas subsidize sparsely populated ones. Inner city "projects" are an exception, but from highway spending to general government services, urban areas receive less return per capita for their tax remits than rural areas do.

    This is especially true at the federal level, where "countryside" amd "small-town" states receive far more funding, both per capita, and as a proportion of taxes remitted, than urban states (like MA & NJ) do.

    If a demand is created, a business that wants a profit will swoop in to fill that demand, as always, for a price.

    Assuming that the barriers to entry don't make the cost of providing that service too high (you know... like building out cabling infrastructure).

    It is quite common for their to be unfulfilled demand for services because of factors that tend to create a natural monopoly... such as broadband internet service.

    Look at it this way -- even if your parents were willing to spend $1000/month on high-speed internet, no one would buld out cable to them, because even at that price, it would be unprofitable. It's even worse if we begin talking abou truly remote areas, or islands.

    Whether it's important for all to have access to high-speed internet is another question, but we felt that way for telephone... and I feel high-speed internet is as important to changing our way of life as the telephone was.

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  142. Re:Right Wing Nuts by uniquename72 · · Score: 2, Insightful

    Yes. Just because you want the benefits of living further from other people, don't expect me to subsidize the costs that decision incurs.

    You already do.

    And BTW, this was the argument made against Rural Electricification, one of the most successful social programs in U.S. history. The initial investment was paid back in spades by increased farm productivity.

    Whether that lesson can be applied to Internet access is debatable, but you're just avoiding the debate.

  143. Re:Right Wing Nuts by uniquename72 · · Score: 1

    By your standard, vacations on the moon are offered, just not at a price I want to pay.

    There are, in fact, places in the U.S. where rural broadband is not offered.

  144. Re:stuff that matters by j79zlr · · Score: 1

    They sure as hell aren't innocent in this mess.

    --
    I'm not not licking toads.
  145. What ever happened to LLU? by Cigarra · · Score: 1

    Did anyone give local loop unbundling a try?

    --
    I don't have a sig.
  146. WSJ says "Anything the Dems do is wrong!!" by jrmcc · · Score: 1

    "If anyone agrees with the demoncrats in Congress the terrorists win!!" Seriously, the WSJ isn't even good for fishwrap these days...

  147. look, I know you're not new here by Anonymous Coward · · Score: 0

    so why are you making this argument? It's already been refuted every friggin time one of these lagging-broadband articles pops up. Fact: there are countries that are neither richer nor have greater population densities but DO have better broadband speeds/prices. Meanwhile, even the more densely populated areas in the USA are not up to par.

  148. Re:Right Wing Nuts by j79zlr · · Score: 1

    Even the Economist points out that this stimulus package probably won't have the effect Obama is hoping for because the companies will simply sit back and wait for the government to pay them for the upgrades a second time they would have had to pay for themselves.

    Fixed that for you.

    --
    I'm not not licking toads.
  149. Re:Big Surprise by powerlord · · Score: 1

    Could be quite the show. Imagine the residual benefits - more jobs in road paving, more advertisements, better bonding with your neighbors (local teams could ninja the telecoms as a side show....). What's not to like?

    Cool. So those jobs would be "Shovel and Tong Ready"? Neat!

    --
    This space for rent. All reasonable inquiries will be entertained at proprietors discretion.
  150. Re:stuff that matters by Mister+Whirly · · Score: 2, Insightful

    And they sure as hell aren't the only ones to blame for this mess.

    --
    "But this one goes to 11!"
  151. Re:Right Wing Nuts by thepotoo · · Score: 3, Interesting

    Offered at a price they're unwilling to pay?

    Verizon wanted $24,500 to run 1.1 miles of cable to my house. There is no way I can afford that, and my neighbors who are making $20,000 a year working on a farm are never going to afford it.

    Oh, I'm sorry, you were referring to satellite or wireless, not actual broadband. Both have such high latency that they are useless for games or VOIP, and such slow download speeds that they are worthless for anything besides email. If it's rainy, cloudy, or overcast you can bet that you'll only be getting about twice dial up speeds. Even better, the local monopoly on wireless runs an unbelievably shitty service. Downtimes are frequent and can last 24 hours or more.

    Give me this ten billion (or even a fraction of it), and I'd set up locally owned cooperatives (max size 2-3 DSLAMs) that split the cost of operating directly amongst their members. Government subsidies would be necessary only for initial purchase of the backbones, workers (and policies like packet prioritization) would be elected on a short-term basis, and I'd have a 24 hour help-desk set up that would provide support for every coop in the state. A non-profit business could provide good competition to the big telcos while avoiding the problems brought up here about a government run service.

    --
    Obligatory Soundbite Catchphrase
  152. Re:Right Wing Nuts by BoberFett · · Score: 1

    You do realize, of course, that it's government regulation which maintains the duopoloy.

    So are you going to craft laws which regulate the existing regulatory laws?

  153. Re:Big Surprise by BoberFett · · Score: 1

    Except that cities and states have created monopolies which give those company ownership of the lines rather than retaining ownership themselves.

    Those government entities have created the problem, so how do you expect the same government which fucked everything up to now fix it?

  154. The Pipes Have to Be Run Separately by aoheno · · Score: 1

    Where is the beef? Broadband is as much a delivery 'pipe' as these strategically important networks:

    Electric Grid.
    Interstate Freeways.
    Railways.
    Air Traffic Control.
    Rivers and Canals.

    The $10 billion investment will *not* bring about the degree of change possible if broadband networks do not get treated as a strategic asset with equal access. A government/private-sector non-profit consortium should be given the money and tasked to bring this about. There are many ways of achieving a policy objective. Now that there is money to do something, it should be put to use defining what will bring about the biggest bang for the buck, and then putting the investment there. It has to be a deliberate and coordinated effort, and not some relatively vague destination this $10 billion has taken.

    The policy can direct the implementation of 1gbps connections, as Japan has set out to do, with the consortium tasked to determine how to bring it about. At an extreme, what can be achieved today is demonstrated by the world's fastest Internet connection. http://www.thelocal.se/7869/20070712. At 40gbps it blows away my puny 10mbps fiber connection. I'll be satisfied with 1gbps to match my wired home network.

    The broadband private sector will likely 'rant and rave', to the degree this effort will be labelled 'socialism', ignoring the fact that it is quite the opposite - a 'capitalist' investment designed to bring about much bigger and better markets. Socialism tends to restrict free and open markets, which at times is the private sector's indulgence and delight. Philosophically, companies resistant to the idea are, by this definition, the 'socialists'. They do not see the bigger profit and are therefore of disservice to their shareholders.

    As an example, Comcast has become the free marketer's laughing stock by deciding to 'close the runway to certain kinds of aircraft' http://news.cnet.com/8301-13578_3-9800629-38.html - instead of taking the more sensible approach of promoting and lobbying for the coordinated research, development, and adoption of higher bandwidth technologies in order to eliminate the bandwidth issue. A broadband network outside Comcast control eliminates this kind of inevitable private sector 'gaming'. Your SUV cannot be blocked from the freeway because Comcast objects to it carrying Firefox T-Shirts.

    --
    Her lips were softer than a duck's bill, but her quacks ...
  155. the usa should be held to the same standards by circletimessquare · · Score: 1

    agreed. i agree with you about the "but the usa..." type bullshit whining deflections of valid criticism

    but its different from holding the usa to say, the directive not to torture prisoners of war, than it is to hold the usa to ideologically neutral standards

    well... unequal access to communication and media is not ideologically neutral, in results. but in cause, what is contributing to the problem, geography and population density, really is ideologically neutral

    your goal is noble, i'm not criticizing that. but you must include the fact that the goal is harder for the usa. genuinely, ideologically neutrally, harder

    criticizing bolivia for not having a strong navy is invalid for a landlocked country, while criticizing bolivia for ethnic strife (lowlanders versus uplanders) is valid. a bolivian has every right to scoff at your first criticism, and no right at all to scoff at your second criticism. not all criticism of a country is the same and bound to the same level of excuse making

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:the usa should be held to the same standards by IanHurst · · Score: 1

      "your goal is noble, i'm not criticizing that. but you must include the fact that the goal is harder for the usa. genuinely, ideologically neutrally, harder"

      "The USA is different, full stop", and "the USA is different, let's handle it this way" both include the same true statement, but each provokes a very different reaction in my mind. They are each a members of the tradition of American Exceptionalism, but the former is the domain of, well, regressive, hand-waving, fuckers. The latter much less so.

      Which isn't to say it's anyone's *responsibility* to avoid looking regressive, but trying to think of reasons not to leaves me with a short list - disrespect for the parent (or the subject entirely), or lack of time, or something along those lines. Anyway, I ramble.

  156. Re:Right Wing Nuts by WebCowboy · · Score: 1

    Don't listen. Read a real economist instead Here http://krugman.blogs.nytimes.com/

    Krugman, as in Paul Krugman, author of "Conscience of a Liberal" and unabashed supported of the welfare state?

    Apparently, one isn't a "real economist" unless he holds neo-liberal/social democratic POLITICAL views? I call bovine manure! You're no better than a Fox News commentator spitting "Krugman is parroting Left Wing talking points".

    Political, social and economic opinion influence each other but do not dictate each other. Krugman might be in your good books because he is Liberal, but you might not like all his economic stances. He is against rent, wage and price controls, and he considers opposition to global free trade/protectionism as the economic equivalent of opposition to evolutionary theory/support of "creation theory".

    Look into Krugman's views on telecom policy in the US. The WSJ article in fact agrees exactly with Krugman. WSJ says the single biggest problem in the US is that there is an effective "Duopoly" and that in many places only one of the two "duopolists" serves the area. Krugman has for years blamed lack of broadband penetration on the botching of the telecom act for protecting incumbent monopolists from competition by treating internet service as a separate service from "telecommunications" in the traditional sense (phone and cable). Krugman himself said the same thing as the WSJ YEARS ago--the root of the problem is that the feds enabled a monopoly to form!

    Krugman would absolutely agree with the WSJ that these billions would be pissed away. He advocated one of two solutions:

    * regulation whereby telecom companies could not participate in "cross ownership" (owning content like newspapers/tv stations and multiple delivery mechanisms like internet and cable), and ordering the incumbents to provide access to their cable and phone networks at sustainable wholesale rates to ISPs, OR

    * breaking up the monopolists, but not like how the RBOCs were formed that just produces a bunch of smaller monopolies. Instead, force companies to sell off some assets where they hold regional monopolies and regulate where needed to preserve at least limited competition in all markets.

    Krugman's advocacy of regulation won't win over the "right-wing" but though they might not agree on the solution, I'm willing to bet that Krugman would agree that simply spending billions to build onto a system that is already flawed wouldn't be effective use of money without giving much more thought to the problem.

  157. Re:Right Wing Nuts by profplump · · Score: 1

    If you want to provide service in unprofitable areas you could provide incentives to make those areas profitable without forcing any particular company to run service there, and without granting a perpetual monopoly on service.

    Let's say a phone company would lose $X/customer-month given expected customer revenues on an amortized basis over the life of the installation by running service to customers in town Y.

    So if the government offered a tax credit of $X + $0.01/customer-month to anyone willing to run service in town Y, wouldn't the area become profitable to service? And since no particular company would be required to run the service there would be no need to grant a monopoly, and therefore the market would remain open to competitors.

    Now you can argue about whether or not the government should be involved in phone service in the first place, but even if you maintain that we should have universal service, it hardly follows that we must have monopoly service providers.

  158. Re:Right Wing Nuts by Miseph · · Score: 1

    "Densely populated areas subsidize sparsely populated ones. Inner city "projects" are an exception, but from highway spending to general government services, urban areas receive less return per capita for their tax remits than rural areas do.

    This is especially true at the federal level, where "countryside" amd "small-town" states receive far more funding, both per capita, and as a proportion of taxes remitted, than urban states (like MA & NJ) do."

    While I agree with your premise, this does have limits. For example, being from MA I can assure you that the bulk of our tax dollars are spent either state-wide or in Boston... the former roughly benefiting everyone equally (as in, per capita) and the latter benefiting the sea-board urbanized area almost exclusively. This is possible because both of our state legislative bodies are strongly loaded against Western Mass, the House by there being a higher population and the Senate by there being more (and geographically smaller) towns in the Eastern portion (also known as the Greater Boston Metropolitan Area), thus creating a huge power divide between the different regions of the state. We've been subsidizing Boston for decades, and it is pretty common to see changes in taxation which effectively lower them in Boston while raising them in the rest of the state.

    There's definitely a case to be made out here for giving Boston to Rhode Island and merging with Vermont.

    --
    Try not to take me more seriously than I take myself.
  159. Two points by mcrbids · · Score: 1

    1) We keep talking about lending. What about PRODUCING? If I take a tree (worth, say, $50) and cut it down, (and then plant a seedling, I'm a good, green lumberjack!) and make it into a $500 table, haven't I created wealth?

    And isn't money just a representation of wealth? And if we want to get rich, isn't the wealth more important than the money that represents it? We don't need to stimulate lending. We need to stimulate PRODUCTION.

    2) We don't have a duopoly. In most areas, it's now at least a quadropoly or a pentopoly of choices for broadband, and the choices are multiplying. For example, just the other day, there was an article here on slashdot about wireless ISPs. I use one - Digital Path in Northern California. Reasonable service, good prices, available in most areas where DSL/Cable aren't.

    --
    I have no problem with your religion until you decide it's reason to deprive others of the truth.
  160. Re:Big Surprise by scamper_22 · · Score: 1

    yeah... a government body whose goal is public service.
    There is no such thing as public service when money is involved.

    As far as service is concerned.
    Private company benefits shareholders.
    Government network benefits public sector employees.

    The public always gets screwed.
    The only good thing about going the private way is at least the money is not stolen from me via taxes and I have the choice to opt out.

  161. Who the hell modded "overrated" and "flamebait"? by M1rth · · Score: 1

    This was an incredibly insightful comment and deserves better. Just more of the left-wing nutshits on Slashdot that get mod points too often and abuse them, I guess...

    --
    If you can read this sig, congratulations, you have your glasses on!
  162. OK we need competition. From where? by ecloud · · Score: 1

    Installing a lot of redundant "last mile" paths is hard. Redundant == inefficient. Maybe there's more competition in Tokyo because of the density, whereas in the US, how many different ways can we afford to wire the same suburban subdivision? Having copper pairs and coax cable at the same time is already better than just one or the other.

    The future is probably wireless. In a decade or two these arguments about whether there is enough fiber going to every house, and what the government ought to do to encourage it, will seem quaint.

    The FCC should have the proliferation of wireless internet services as its top priority. There needs to be a huge chunk of bandwidth (like say a couple of those sweet VHF TV channels) that is not sold off but really belongs to the people, dedicated to free and open networks (WiFi with longer range) and let companies and individuals share that band, just as with the coexistence of commercial hotspots and open routers today. Then let the companies who bought licenses for narrower bands try to compete with that. Some of them will find lucrative niches, but everyone will have the lowest-common-denominator open network at low cost. And let the ground-based networks (fiber, cable etc.) compete with that too. They will have to offer really insane bandwidth to stay ahead of the cheaper wireless services. For a while they will offer an advantage. But wireless will take over eventually.

  163. Comment removed by account_deleted · · Score: 2, Interesting

    Comment removed based on user account deletion

  164. Re:Right Wing Nuts by electrosoccertux · · Score: 1

    Why not, the good people of our small towns and countrysides subsidize the ever lasting cycle of inner-city welfare recipients.

    Touche.

  165. WW2 style spending worked because by Shivetya · · Score: 1

    we wanted to work. As a people we had a goal. We were working towards a goal all could agree upon.

    Frankly I am not willing to suffer another world war to change our perspective back that of our grand parents.

    Now it is all about getting our "fair share" which apparently for many does not require personal sacrifice let alone work. The problem today is people figured out they could vote themselves other peoples stuff.

    Until we change the attitude of Americans no amount of stimulus, let alone this giant lie of a bill, is going to fix the economy. Americans as a whole need to realize that every person's work is to be valued and the primary method of demonstrating the value of a persons work is not to take the fruit of it to provide for others who won't work.

    There is no real spending on infrastructure in this bill because it was never meant to stimulate the economy. It was all about paying off groups that supported those in power. It is all about ensuring those in power stay in power. American reinvestment act my ass, more like Incumbent Rescue Act.

    This whole thing is a crock. Worse they are sneaking in universal health care through the back door using the bill. The major sponsors won't even discuss it. Yet people aren't rallying over that?

    This bill will haunt us for decades. The fact we had a chance to do things like fix our infrastructure, both electronic and physical, but didn't will hurt us more than we are willing to admit.

    My grand parents our of the generation that you do it yourselves. When my grandmother needed a wheel chair she went out and bought it. It never occurred to her to ask someone else to buy it. When I went for a PSA I was surprised that insurance would cover it. Insurance is all wrong in this country, it should cover catastrophic issues, not daily required stuff that I should be doing. Its not like most of can't find the money for the latest tech toy, phone service, or super fast internet, yet ask many and they are offended they have to pay for the daily maintenance drugs - let alone change their habits so as not to need them

    --
    * Winners compare their achievements to their goals, losers compare theirs to that of others.
    1. Re:WW2 style spending worked because by frank_adrian314159 · · Score: 1

      And do you know what conservatives were saying in the days following the depression, up to and including the second World War? That if only the people of that time had the same moral rectitude and fortitude of those who lived during the aftermath of the Civil War, that governmental measures would work but, failing that, these governmental actions were doomed to fail.

      Every generation seems to decry the moral turpitude of the next and most of them also decry the moral shortcomings of their fellow citizens. Thus it has been since Plutarch and thus is it ever likely to be. The bottom line is that, physically, intellectually, and morally, we don't change very quickly, either for better or worse. And the percentage of the truly venal seem to be about constant, as is the percentage of people who just want to make it though their day and go home to their families. As such, the functioning of government isn't that much worse (or better) than it ever has been. This is ultimately because we are the government and we're not much better (or worse) than we ever have been.

      So, if you need a reason to argue against the stimulus bill, you'd be better advised to focus on economic models and actual figures, rather than some vague, dyspeptic moral argument. In fact, so would the WSJ, though I don't see either them or you taking this advice anytime soon.

      --
      That is all.
  166. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  167. troll much? by Anonymous Coward · · Score: 0

    ...readers will ignore this data, the same way a christian ignores 1 million-year-old rocks with fossilized animals. It's easier to cling to religion than think.

    Looks like it's also easier to toss strawman-punching insults than stay on-topic.

    Could we stop with the identifying Christians with Evolution-deniers already? Yes those sets overlap, but they are not the same.

  168. Re:stuff that matters by wizardforce · · Score: 1

    indeed. although the fed reserve aren't the only part of the fed or its hybrids that are in part responsible. The CPA and its revisions for example were quite likely to have had a major distortive force on the market. As well as the perceived "negation of risk" that happened with Fannie and Freddie having their risk socialized and profits privatized.

    --
    Sigs are too short to say anything truly profound so read the above post instead.
  169. LIMIT MONOPOLY by WindBourne · · Score: 1

    We need to create a LIMITED monopoly. Basically, have a community grant a monopoly to a SMALL company. They bring in fiber from the home to a block or even subdivision level greenbox. THey would do NOTHING else. Just that one item. It would mean that they would charge the homeowner say 15-30/month, but then all else would be competitive. That is the ONLY way that we will get out of this and have a future that can jump.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  170. Re:Right Wing Nuts by Anonymous Coward · · Score: 0
  171. Re:Right Wing Nuts by JoeMerchant · · Score: 1

    I don't think the cell carriers want any bit-torrent activity (or similar bandwidth hogs) on their networks just yet. When they've got 3x capacity in 80% of their served markets, then they might consider looking for other customers. As it is right now, they're commanding much more than $25/mo for much less than 1Mbit/s, why would they want to get into a low-margin business like home data?

  172. Re:Right Wing Nuts by catchblue22 · · Score: 3, Insightful

    From TFA:

    The House bill also calls for "open access." This phrase can include hugely controversial topics such as net neutrality, which in its most radical version would bar providers from charging different amounts for different kinds of broadband content.

    Firstly, note the loaded language, with words like "controversial" and "radical". The bias is obvious. It implies that anyone who would have the audacity to believe that our main information arteries should not be throttled and/or censored is some kind of unrealistic dreamer. Never mind that this openness itself has been the primary reason why the internet has been such a success. Without the internet, we'd be paying exorbitant sums for proprietary services such as AOL. Their bias is short sighted, shallow, and mechanical.

    More fundamentally, nothing in the legislation would address the key reason that the U.S. lags so far behind other countries. This is that there is an effective broadband duopoly in the U.S.

    The idea that competition will solve all of our problems in regards to the internet is a fallacy. Network access will always be a monopoly/duopoly or and oligopoly. The idea that the network business could actually sustain enough market players to allow true competition is laughable. And they know it. Other countries that have better network infrastructures have highly regulated duopolies/oligopolies, with strong enforcement of the regulations. The market players in other countries know that if they abuse their monopoly power, they will be punished. Their apparent bias against net-neutrality indicates they are likely against other regulations too.

    I would argue that internet access can be helped by "competition", but that such competition will in actuality be a highly regulated oligarchy. As soon as the regulations disappear, the system will break, and the oligarchy players will show their true colors, charging whatever the market will bear for as bad a service as possible. The Wall Street Journal is hypocritical for promoting competition, when they surely must know that true competition is impossible in this industry.

    --
    This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
  173. Re:stuff that matters by lgw · · Score: 1

    They doctrinally believe, and are paid to amplify the message that the ills of the world can be cured by giving a free hand to the same people responsible for the global financial collapse.

    Are you just trolling, or is this a serious response to TFA? Are you seriously arguing that the government-imposed (in many areas) cable monopoly and DSL monopolies are good things? That allowing multiple cable companies to compete in a neighborhood would somehow be worse than a legally imposed monopoly?

    As far as the banking collapse - how does the government moving to preserve the jobs of the very CEOs who destroyed their companies help anything? The free market was all set to drive those companies into bankruptcy, preserving their operations but jettissoning the terrible senior management, leaving only those companies that were well managed owning the parts that made sense. Sure, the executives, shareholder, and probably bondholders would have gotten the shaft, but that's how capitalism is supposed to work. Now we've propped up the losers, and the crappy management we remain in charge forever!

    --
    Socialism: a lie told by totalitarians and believed by fools.
  174. Re:stuff that matters by bigpat · · Score: 1

    I agree somewhat. The free market is only applicable when there isn't a natural monopoly. Wired telecommunications is limited by physical space on telephone poles and under ground.

    You wouldn't call for competition on how many different road providers can pave up to your house. Or how many water utilities you can hook your house up to. Natural monopolies are where government does best and is completely necessary. Instead of seeking more companies to string their own lines along the public right of way, local governments should own the lines and be bidding out the contracts to provide the maintenance and the Internet Service to connect to.

  175. I call Poe's law. by nyet · · Score: 1

    Question is, are you morally supreme, a utterly rational being of wonder; all who oppose you are stupid and evil?

    1. Re:I call Poe's law. by cptnapalm · · Score: 1

      Morally supreme? Not even approaching it.

      Rational being of wonder? Seeing as I do not believe that I am the possessor of the one true truth, I'd have to say no. Most of the time when I think I've had an insight, someone comes along and points out that there has already been such an insight, usually long before I came along. Oddly enough, you calling Poe's law (with which I was not familiar) caused me to look it up and again such occurred; my thought came with me figuring that a parody of feminism and feminism would be indistinguishable.

      All who oppose me are stupid and evil? No, obviously. While some small number are evil, so are a small number of every grouping. Neither are they stupid, for the most part, though those exist too, I'm sure. They do tend to be heavily dogmatic.

    2. Re:I call Poe's law. by nyet · · Score: 1

      Does it worry you that somebody reading your original post might assume that *you* feel you are Morally Supreme? That you feel you are a Rational Being of Wonder? That you feel that all that oppose you are Stupid and Evil?

      Would you be upset if they made those assumptions about you, then told a friend how, when they "met" you, it reinforced their opinion that people that share your opinion are all like that?

      You know, considering you are a member of a group of people that consider themselves "open minded" and all.

    3. Re:I call Poe's law. by cptnapalm · · Score: 1

      If anyone made those assumptions after reading my post, I'd would have questions as to their literacy.

      "considering you are a member of a group of people that consider themselves "open minded" and all."

      citation?

  176. Re:Right Wing Nuts by lgw · · Score: 1

    Oh, I'm sorry, you were referring to satellite or wireless, not actual broadband. Both have such high latency that they are useless for games or VOIP

    So what you're saying is that I should pay the $24,500 you chose not to, so that you can play computer games? Imagine my enthusiasm.

    Do you think there was a huge markup in that $24,500? I suspect that was about what it would cost Verison to pull the line (telco costs are pretty high - they're not exactly models of efficiency). Why should I, or anyone, subsidize your choice to live in a sparsely populated area? Heck, if you think you could do it cheaper (and I bet you could), start a business to do just that!

    --
    Socialism: a lie told by totalitarians and believed by fools.
  177. And, what about cost? by koick · · Score: 1

    CodeBuster's main point about cost still stands.

  178. Re:Right Wing Nuts by thepotoo · · Score: 2, Interesting

    You (the government) paying $24,500 to run a pipe to my house would be better than paying that same money to the pocket of Verizon's CEO.

    I suspect that there wasn't a whole lot of markup; Verizon wanted me to pay $50 a month after installation. But, here's the thing: I don't live in a rural area. There's at least a dozen people between the last mile and me who would have benefited from having that last mile put in. There are lots of problems with starting your own ISP/backbone:

    • The telcos love their monopoly and will crush you like a bug (through undercutting or whatnot).
    • It's damned expensive. I estimated set-up costs alone to be somewhere between $150 - $200k. If I fail, that's at least a pretty spectacular way to do it.
    • And, it's pretty easy to fail. Long hours, forget about any sort of life, a day job, anything else.

    So it's really not practical for me to take on the big guys at this point in time. If someone has a big chunk of cash to throw at me, I'll happily help coordinate (in a PHB fashion) such an effort on the weekends.

    --
    Obligatory Soundbite Catchphrase
  179. Re:stuff that matters by Jeremiah+Cornelius · · Score: 2, Interesting

    The Fed is a cartel. Who are its contituent members?

    --
    "Flyin' in just a sweet place,
    Never been known to fail..."
  180. Re:Big Surprise by Anonymous Coward · · Score: 0

    I agree, a duopoly is better. For example: Doowop! Doowop! Shoowop! Bop bop bop bop!

  181. WSJ =/= correct prediction by mhollis · · Score: 1

    It's interesting. The Wall Street Journal in the 1990s predicted the demise of Apple. I'm still chuckling about the stock purchase I made when I decided that if you broke Apple up into component parts, it would still be worth what WSJ was saying its stock was worth.

    I purchased the stock at $14.22.

    If only I would have paid attention to the Wall Street Journal. I would have known so much more than I do now.

    --
    Gods don't kill people, people with gods kill people.
  182. Ummm - the WSJ op-ed page is news for geeks? by pugugly · · Score: 1

    I somehow thought this was a WSJ article, known for, y'know, actually supporting the thesis with underlying facts.

    Instead we get an advertisement for a WSJ editorial from L. Gordon Crovitz. Mr Crovitz doesn't seem to be a far right flunkie, but *I* don't see anything on his resume showing any particular technology skill, and really his only support is from the pew research center. A reasonable think tank, but a fairly well debunked report.

    Must . . . restrain . . . fist . . . of . . . death!!!

    Pug

    --
    An Invisible Entity of Vast Power whose existence must be taken on faith alone: Liberal Media
  183. Re:stuff that matters by Anonymous Coward · · Score: 0

    Bullshit. Pure bullshit. You have no idea what you're talking about.

    You know, in a way I can't wait for the shit to hit the fan. Then I can say I told you so. You have your socialist President. Enjoy it while you can because everybody's lives are about to get a lot tougher. Rationed health care, long lines for fuel and food, skyrocketing electric bills (Obama's own words), inflation, tax increases, etc..

    Enjoy!

  184. Re:stuff that matters by Anonymous Coward · · Score: 0

    More like George W. Bush, George H. W. Bush, Richard M. Nixon, Ronald Reagan, Herbert Hoover, Newt Gingrich, Ron Paul, Bob Barr, and any other Republican nut-job and their libertarian lapdogs. The free market has failed too many times. Socialist countries are proving socialism does indeed work.

  185. Re:stuff that matters by Jeremiah+Cornelius · · Score: 2, Insightful

    All because 2 trillion were given to banks - no strings attached. Socialize risks and privatize profits.

    You were raped, and think that means someone LOVES you!

    --
    "Flyin' in just a sweet place,
    Never been known to fail..."
  186. Re:Big Surprise by LaskoVortex · · Score: 1

    If they think they can do it profitably and clean up after themselves then why not allow it?

    And who will enforce the cleanup? Think real hard now. Yep, that's right, guys with baseball bats with nails sticking out on the end. We couldn't trust the government to enforce the cleanup or even mandate it. Right?

    --
    Just callin' it like I see it.
  187. The WSJ is simply wrong about "duopoly" by Brett+Glass · · Score: 1

    There are more than 4,000 competitive high speed wireless ISPs in the US alone. See http://bennett.com/blog/2009/02/thought-you-had-no-alternatives-for-broadband/ (which was Slashdotted last week, by the way).

  188. Re:Right Wing Nuts by Anonymous Coward · · Score: 0

    Secede if you want to (we'll just take back Maine), but any talk of putting us together with Rhode Island and it's a fight to the death you've got on your hands.

  189. Re:Big Surprise by Shakrai · · Score: 1

    And who will enforce the cleanup? Think real hard now. Yep, that's right, guys with baseball bats with nails sticking out on the end. We couldn't trust the government to enforce the cleanup or even mandate it. Right?

    It may surprise you, but there's a concept that's been around for a long time that addresses situations like this. If someone can demonstrate a viable business plan and is willing to purchase a performance bond or put some money in trust to repave the streets if they fail then what exactly is your objection to letting them try?

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  190. Re:stuff that matters by zenetik · · Score: 1

    ...and WSJ's position is backed by evidence. Typical Japanese Internet users were blazing at 50Mbps at about $30 a month in 2007 while U.S. users were paying about $50 for 6Mbps. Why? Government infusion of cash and competition. See http://www.infoworld.com/article/07/04/04/HNjapbroadband_1.html

  191. broadband penetration by falconwolf · · Score: 1

    Actually, the major problem with the US is distance.

    The lack of broadband in some areas and cities belies that statement. There are areas of major cities that do not have broadband access.

    Falcon

  192. Re:stuff that matters by tuxgeek · · Score: 0, Redundant

    "Of course WSJ says this."
    If I'm not mistaken, Rupert Murdock owns the WSJ
    No wonder they would come out with something like this

    --
    "Suppose you were an idiot...and suppose you were a member of Congress...but I repeat myself." Mark Twain
  193. Simple by tpz · · Score: 2, Insightful

    Simple. So simple I find it hard to believe that no one else has mentioned the reason yet:

    Japan and France (and places like them that score consistently high in terms of connectedness and bandwidth) have significantly higher population density than the US.

    Loads of people in a tiny space makes it very easy to justify running fibre all over the shop, for example.

    1. Re:Simple by timeOday · · Score: 1

      Simple. So simple I find it hard to believe that no one else has mentioned the reason yet: Japan and France (and places like them that score consistently high in terms of connectedness and bandwidth) have significantly higher population density than the US.

      This comes up every time this is discussed, and is debunked every time:

      The U.S. population density may be 31/km^2 compared to France's 113/km^2 or 337/km^2 for Japan, but a lot of that is Alaska and Texas and whatnot. California has a population density of 90.27/km^2 - rivaling France - yet does not have France's broadband speed - and considering that California is one of America's technological "bread baskets," this is a serious problem. On the other coast, New Jersey has a population density of 438/km^2 - and New Jersey's broadband is not better than the rest of the nation. Additionally, even considering that nationwide population density number, Norway, Sweden, and Finland, have lower population densities and both faster broadband speeds and greater household penetration.

  194. Re:stuff that matters by tuxgeek · · Score: 1

    the same people responsible for the global financial collapse.
    Barney Frank, Chris Dodd, and Nancy Pelosi?

    Realizing you're attempting humor, in an ill-informed trollish sort of way
    But actually the 2000 - 2001 congress were the ones that authored and passed the legislation that resulted in the global financial collapse.
    Oh, and Greenspan was involved as well, just FYI
    http://en.wikipedia.org/wiki/Derivative_(finance)
    http://www.sec.gov/news/testimony/ts072000.htm
    http://www.reuters.com/article/newsOne/idUSN1837154020080918
    http://www.federalreserve.gov/boarddocs/testimony/2000/20000210.htm

    --
    "Suppose you were an idiot...and suppose you were a member of Congress...but I repeat myself." Mark Twain
  195. Re:Big Surprise by moosesocks · · Score: 1

    How about the Postal Service?

    They do a damn good job for a mere pittance. $0.42 to mail an envelope anywhere in the country within 1-3 days is an absolute bargain, considering what's involved.

    --
    -- If you try to fail and succeed, which have you done? - Uli's moose
  196. Re:Right Wing Nuts by shaitand · · Score: 1

    'In fact I'm rather surprised the cell phone companies aren't trying to jump into the residential data market. They already have the little notebook dongles, just shove that into an antenna you set on your roof (for better reception) and plug it into your router.'

    They are and they do. But they have a more flexible service and believe its worth more than that of the phone company and cable company. In the US today there is no real competition, realistic competitors in most markets amount to a handful of companies and those companies are in the same industry. They don't even need to actually collaborate to realize that the last places they should compete are those beneficial to customers. The things which benefit consumers would result in a decrease in their profit margins, the free market (particularly the stock market) has already valued companies by anticipated profit growth rate and it isn't enough for companies to make boatloads of money anymore. As a result companies don't increase quality and reduce price, they add 'perceived value' and only resort to those other areas as a last resort.

    The free market is a rigged system in which all wealth slowly sifts to the top. Everyone who isn't at the top spends their money on goods and services owned largely by those who are at the top. Some of that money is spent elsewhere but the large corporations always make a profit and the top 10% increase in wealth so they are always taking in more than the spend, siphoning off the system.

    The reason they hate government spending is that it creates jobs and benefits for lower to middle class americans and pays for it with tax money (the tax system is designed to take most heavily from the top). This effectively takes some of that 90+% of our nations wealth and redistributes it back to the bottom. If there were too much of that going on then the top 10% might actually stop pooling wealth or in the true extreme we might all be well employed and middle class and gravy jobs and independent wealth didn't exist in private hands! The horror!

  197. Re:Right Wing Nuts by shaitand · · Score: 1

    It amazes me that there are people with the conflicting idea of harsh criminal penalties (the theft of individual liberties to subject individuals to the moral rule and command of society) and the idea that disposal of personal wealth and greed is a liberty that society has no right to touch.

    There are people who work hard in all walks of life and while an executive controls the flow of more wealth he works no harder and exhibits a talent no more rare than that of a hardworking and talented carpenter. Why should society allow the executive to hold enough wealth that he must be a fool to not accumulate assets and wealth and yet the carpenter must work, scrape, and be lucky (or at least not unlucky) to save enough to own his own home just in time to be too old to enjoy it and in time to waste it all on health care.

  198. Re:Right Wing Nuts by shaitand · · Score: 1

    Fast access internet isn't just about access to pr0n, its about access to information. Literacy, widespread and universal deployment would benefit the nation (public, private, and individual) much the way the public road system does.

    Those who don't want this make all sort of arguments but what it really comes down to (at least for those who have a couple brain cells rattling around) is that when private industry does something the cost is spread equally among the wealthy and the poor. Whereas if the tax system pays for and supports the infrastructure then the cost will come from individuals in proportion to their means. Roughly 90% of the cost will come from those who hold 90+% of our wealth.

    This is the same reason government organizations charge fees. If you think about it, by definition there should never be a fee for public services of any kind. The tax system exists for the purpose of funding all public services to the best of societies ability without overburdening those with little means. Fees exist (aside from a few exceptions that exist to block entry to a market) to screw with that balance and shift a disproportionate cost of public services back to those who can't afford it.

  199. Re:Right Wing Nuts by shaitand · · Score: 1

    'You (the government) paying $24,500 to run a pipe to my house would be better than paying that same money to the pocket of Verizon's CEO.'

    That's the funny thing. It's people like Verizon's CEO who hate this idea because the tax system is designed to spread the burden according to means. That means the fact that he earns 200 times what you do means he'll pay 200 times (nto that he works that hard) what you do toward running that pipe. Everyone with internet service subsidizes everyone else anyway, they just don't do in a way that matches their means.

  200. Re:Right Wing Nuts by shaitand · · Score: 1

    internet infrastructure is probably better compared with the road system. Since better infrastructure will enable free flow of information and open (or at least expand) a new route for commerce. Just like the interstate system supports billions of dollars in private commerce.

    Hopefully it will follow the path of roads too. There are a couple of big companies (which are by nature detrimental to our nation) that are ubiquitous on the interstate systems but a large portion of the commerce is spread in a healthy competitive way among the small and medium sized companies that are beneficial to our economy.

  201. Re:Big Surprise by shaitand · · Score: 1

    I've been to the DMV 3 times in the past year for various reasons. None of those took more than 30mins. Once I made an appointment online and the other two times I walked in and waited. The appointment was faster but really none of it was a big deal.

    The only problem I had with the experience is that everything requires a fee. Public services should be paid for with public funds (ie, taxes).

  202. Re:Big Surprise by shaitand · · Score: 1

    The DMV is operated by the state, explaining the difference in experience (not to mention the tiny DMV office you refer to). While I'm sure employees are entitled to lunch breaks as a matter of policy (just like you or me, and just like us, the customer will have to make do with whoever is left) I doubt they are entitled to chat with boyfriends as a matter of policy anymore than at your privatized business. If you boycott either the business or the DMV for this you are a moron, this is something you report to a supervisor so they can enforce the company policies.

    Of course, I've seen far more of this in private industry than public. And certainly seen the supervisor ignore the behavior more often. Unfortunately, companies have grown large enough that only the wealthy have the luxury of boycotting companies with low prices.

    '"A government big enough to give you everything you want, is big enough to take away everything you have."'

    Not in a contrary with a tax system that taxes proportionately based upon wealth like that here in the U.S. Wealth is how we measure the benefits of our society, it makes sense that those who have benefitted the most should pay the most. As opposed to private corporations who charge the broke an increased rate because the wealthy can afford to create a market for goods at a higher price. Or the fees the 'free market' junkies insist on having at the DMV and tag agencies that actually force the poor to drive illegally because they are required by law to use a public service that isn't funded by public funds.

  203. I'd call the fair price a free-market price by Trepidity · · Score: 2, Insightful

    Where free market is a market without artificial barriers to entry, collusive price-fixing, monopolistic prevention of competition, etc.

  204. how do they compete on the last-mile? by Trepidity · · Score: 1

    The reason we have regulated monopolies on last-mile service is that it's impractical to have thousands of start-up companies all ripping up streets to lay their own cables. We only want a handful of people to do that, and preferably not very often.

    I do agree that if wireless broadband gets more widespread, this will be less of a problem, since there's enough spectrum for at least a dozen or so competitors.

  205. because I don't want my street ripped up by Trepidity · · Score: 1

    I'll grudgingly accept that one person needs to rip up my street once to put in some cables. Then maybe once a decade or so they need to upgrade them. But I sure as hell don't want 5 different people all ripping up the street independently, even if they clean up after themselves, just because my local government can't get off its ass and install its own damn ethernet.

    There's a reason we don't let random companies run their own electric or sewer lines to your house, either. Even in "deregulated" electric markets, there's still a last-mile monopoly on the physical wiring.

  206. I mean like come on... by Terrorwrist · · Score: 0

    Can we just somehow get better broadband service in this country? I'm using Cox Communications and its a crappy ISP. I was gonna switch to Verizon Fios, but they were not available in my area. With cox I keep get disconnected and I......... (Trying to establish connection with host)

  207. Re:Big Surprise by shaitand · · Score: 1

    The USPS is a private company. So is the Federal Reserve for that matter... a private bank that can purchase currency from the U.S. Mint and the real source of our weak dollar. Scary that.

  208. Re:Right Wing Nuts by gtall · · Score: 1

    I see, so the top 10% are taking their money and stuffing it under the mattress where it never sees the light of day. Your understanding of capitalism was born and remains in the 19th century.

    Gerry

  209. I fixed your headline by Fotherington · · Score: 0

    "The Chicago School say that Gov't Won't Help"

    Please also make the distinction between the editorial and the reporting parts of the WSJ - they're entirely separate operations and sometimes disagree fundamentally, e.g. on climate change.

  210. Re:Big Surprise by myspace-cn · · Score: 1

    We don't want government in our fucking communications. Otherwise you get bitches like Feinstein who don't know TCPIP or how to operate an ISP or legal uses of copyright media, trying to Fast Track her fucked up plan over and over until it gets through.

    But don't just take my word, read up some,
    and go Write the Bitch and tell her why you know she's wrong.
    http://www.publicknowledge.org/node/1984

  211. Re:Big Surprise by myspace-cn · · Score: 1

    Last time I went to the DMV, all the employees were protesting out front. (California)

  212. Re:Big Surprise by myspace-cn · · Score: 1

    Oh yeah, I forgot to mention, once they finally opened (On another day) if you wanted to buy some meth, all you needed to do is go to the first parking spot on the left (when facing the building.) (this was the FLORIN RD. dmv) But I have used other DMV's and this nonsense about blagh 30 min is pure crap. Try the fucking DMV on Broadway in Sacramento, a three ring circus.

    Hope you sprayed with deodorant you stinky motherfucker!

    Bring your own lunch!

    Think I am kidding?

    Search google for california dmv shut down

    Get back to me when you figure out that fast tracked legislation by Feinstein to make your ISP more expensive, and snoop on all the rest of your traffic.

    Na fuck the government running broadband, in any way or form. You want your voice silenced. Jump in for the slaughter.

    You'd be better off turning your fucking TV set off and learning some real news. Then maybe you wouldn't pop off with the mouth like that.

    It's stupid shit like this that has us stuck with these fucking electronic vote tabulation devices--which are the reason for ALL our problems right now.

  213. Re:Big Surprise by myspace-cn · · Score: 1

    Straight from the mouth of the psyops.

    By the way the lines to my home was fine until the motherfucking FISA bill.

    Check it out, if we ever manage to get electronic vote tabulation devices outlawed, you had better not be this stupid as you are right now, to vote the same fuckers that caused all these problems back in.

    Cause you know what.
    We are out of time.
    The piper will be paid.
    Your lies will be exposed.

  214. Re:Big Surprise by Anonymous Coward · · Score: 0

    Yeah but somehow you got peanut butter in my salmonella. I still can't smoke pot for pain since I have no medical at all. And the blue collar jobs are being filled by Mexicans because we are too fat and lazy to repair roads and make bridges. And Liberties, you mean the liberty the government takes with our constitution?

    --
    A Bad Troll is more powerful than a Good Human

  215. Re:stuff that matters by Fred_A · · Score: 1

    Of course WSJ says this.

    I think they're mostly afraid that all that money would plug the tubes and people couldn't get their Internets any more.

    --

    May contain traces of nut.
    Made from the freshest electrons.
  216. Re:Big Surprise by myspace-cn · · Score: 1

    Did you take a shower today? The water probably came from the government, through government pipes.

    (Probably?!) ARMY CORPS OF ENGINEERS, Bureau of Reclamation, And Others to Private entities. Through LEAD and IRON PIPES. (Some add fluorine (where did that come from), some add chlorine)
    All in all it's water. I kind of wish the fuckin fluoride wasn't in there. but hey, bottom line, YOu can drink from a garden hose, and not die today.

    HOWEVER.... If you REALLY want to fucking get it on and get down to it, USACE now contracts EVERYTHING OUT. they don't even fucking HAVE equipment anymore, and while there are some bright people there, it's moving towards these stupid fucking yuppies that have to do computer simulations as opposed to good old fashioned engineering.

    Did you drive to work? You probably drove on a government road.
    (cough, cough) Turnpike? http://video.dot.ca.gov/ freeway. Oh what's that road by SPAIN?

    Was your country occupied by a foreign army? That's probably because of your government funded Army.
    USAF, NAVY, MARINES, COAST GUARD. And yeah apparently we've had our country occupied by a foreign host. And attacked (if we believe the bullshit) What was that white streak on that shitty camera at the pentagon? What happened to the third tower?

    And again want to really ask questions? How about the OATH OF OFFICE. seems we have some Domestic Terrorists.
    By the way I am a veteran, so actually I helped, and even though nobody listens, keep trying to help.

    Do you have electricity? It probably came to your house through a wire that was installed on a government mandated easement.
    Like when the Army Corps Of Engineers takes it from someone (usually an idiot) with legal bullshit. Eminent Domain. Or were we talking about Enron, pete wilson grey davis ArNoLd?

    I could give you more examples... a lot more examples, but I think I'd be wasting my time.
    "Ditto!" You should check yourself. Your not watching too much NCIS, and CSI are ya? Get help. Go dig up some truth.

  217. Re:Big Surprise by MightyYar · · Score: 1

    I don't want the federal government wiring up my house, but I'd be willing to let the county do it. Hell, I'd probably know the guy in charge in the town I grew up in. Not in NYC :)

    I like Feinstein ALMOST as much as I like Pelosi. Writing to either of them won't do any good, because they are not my representatives and they don't seem very pragmatic anyway... very ideological and tied to their party (and their lobbyists).

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  218. bull. by Anonymous Coward · · Score: 0

    what neighborhood in NYC do you live in that you can only get 512k upload? RCN, TW, and Cablevision all have MUCH higher options available without even breaking into business pricing.

  219. Re:Right Wing Nuts by EastCoastSurfer · · Score: 1

    Oh, I'm sorry, you were referring to satellite or wireless, not actual broadband.

    Actually no, it's using PTP wireless ground connections that act just like broadband. We had no trouble at all using skype over the connection.

    I live close enough to rural areas to know people who have to have wells and septic tanks. The reason? The cost is too high for them to get the lines put down in order to change it. Should the government come in and put them on the grid too?

    You have internet options, just not any that you like. Why should I pay for you to have the ones you want? Next thing you'll be complaining about the cost and that I should help you pay for that too.

  220. Re:Right Wing Nuts by tripdizzle · · Score: 1

    Literacy, widespread and universal deployment would benefit the nation (public, private, and individual) much the way the public road system does.

    Having broadband != Literate
    As far as fee based systems for public services, I see no problem with that, if you don't use the service you shouldn't have to pay for it. I would prefer it if all roads were subject to toll rather than they current system.

    --
    "A claim for equality of material position can be met only by a government with totalitarian powers." Hayek
  221. Re:Right Wing Nuts by Anonymous Coward · · Score: 0

    currently available ISPs != Monopolies

  222. Re:Right Wing Nuts by Anonymous Coward · · Score: 0

    It's people like Verizon's CEO who hate this idea because the tax system is designed to spread the burden according to means. ... Everyone with internet service subsidizes everyone else anyway, they just don't do in a way that matches their means.

    Right. From each according to his means. To each according to his need. Sounds like a great plan.

  223. Re:Big Surprise by buswolley · · Score: 1
    Your first point is Classic baloney. It is the company's fault for the peanut butter fiasco. Moreover, and the thing to focus on is that this is a result of republican efforts that have made a shell out of the regulatory/inspection agencies through underfunding. Because of this we cannot infer that regulation is ineffective if properly funded.

    Second, they should legalize pot for all I care. Eating fast food regularly is more dangerous than pot, and it certainly doesn't harm others.

    Your last point I think is probably true, but to what extent, is debatable.

    --

    A Good Troll is better than a Bad Human.

  224. Re:Right Wing Nuts by thepotoo · · Score: 1

    I believe we are referring to the same wireless. I am just out of range for my town, and would have to put up a tower (that I'm OK with, it'll be expensive, but worth it in the long run). What I have heard from everyone who uses it is that if the weather is off you will get massive lag, similar to satellite. You're the first person I've seen who was able to use Skype, as well. How far are you from the central broadcasting tower? What ping times do you get? Up/down speeds?

    --
    Obligatory Soundbite Catchphrase
  225. Re:Right Wing Nuts by Red+Flayer · · Score: 1

    I'd be interesting in seeing a map of MA using color density or something to represent the ratio of net [tax receipts/spending] to population density... for all combined government spending, including highways, and all government receipts, including sales tax.

    I think the map might surprise you...

    In NJ, for example, it's the suburban areas that subsidize both the rural and urban areas. The urban areas, however, provide both a source of cheap(er) labor for business, and employment for people in the 'burbs... the rural areas, not too much economically.

    I'd be willing to bet the farm that rural (and small-town) areas are subsidized far heavier per capita when you factor in the tax receipts from urban areas.

    Of course, I'm lumping in urban commercial and industrial zones with residential zones...

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  226. Re:Right Wing Nuts by shaitand · · Score: 1

    'Right. From each according to his means. To each according to his need. Sounds like a great plan.'

    Right right, burn those damned commies, they threaten our way of life! ;)

    Aside from the plea to emotion by implying an association with communism do you actually have any substance to add to the conversation? Perhaps an actual reasoned argument to counter the one I gave?

    Somehow I don't think using the tax system designed to pay for public services and infrastructure, to pay for said services and infrastructure, is going to mean we have to start calling one another comrade just yet.

  227. Re:Right Wing Nuts by EastCoastSurfer · · Score: 1

    I was surfing in costa rica when I came across that option. Sorry I don't have all the details, but we were pretty much in the jungle (no paved roads, no public police, etc...) and I was talking to an ex-pat who lived there about stuff I take for granted like internet.

    He said you could wait for a line to be run that could take *years* or just put a tower on your house. Most people did the tower thing. We bought wifi ($10 for the week lol) from someone who had the tower and had no trouble skyping back home (voice, didn't try video). Although we did see someone else watching live video from the pipeline classic over the same connection while we were there.

    It's possible their options in the PtP tower are better simply because people pay for it regularly. If you have money there you can pretty much get any and everything you want when you want it.

  228. Ignoring WISPs by FreekyGeek · · Score: 1

    All we need is to fund a lot more WISPS (Wireless ISPs). Get broadband out to many more people much faster and cheaper than burying cable. The government and communication industries seem to think that "broadband" can ONLY mean "cable or DSL".

  229. Re:Right Wing Nuts by shaitand · · Score: 1

    'I see, so the top 10% are taking their money and stuffing it under the mattress where it never sees the light of day. Your understanding of capitalism was born and remains in the 19th century.'

    Of course not, they are investing it in other profitable ventures. Which is nice, its a recycling of sorts but unless you pretend that there are unlimited resources to go around and not a finite number of resources to be shared you realize there is a problem with this system.

    In a healthy system, there would be a million small and medium sized businesses and 90% of the wealth would rest in the hands of the middle class. After all, the wealth in this nation is not limited by spending and investment, it is limited by natural and cultivated resources. You don't need super wealthy individuals and massive corporations to build on either of those things. You need a work ethic and a good education system (something the wealthy made sure was cut from the stimulus bill despite the creation of teaching jobs).

    Taxes take the wealth that pools at the top and redistribute it to the middle and lower class. In the current system it will still eventually filter back to the top of course.

  230. Re:stuff that matters by atraintocry · · Score: 1

    Posting to undo a mod. Sorry, meant to get you out of the zeroes but I can't read.

  231. Re:Right Wing Nuts by atraintocry · · Score: 1

    Corporations are guaranteed liberty?

  232. Re:Right Wing Nuts by atraintocry · · Score: 1

    Small towns subsidize cities? Something tells me you didn't bother to look that one up.