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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."

4 of 647 comments (clear)

  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...

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    "As God is my witness, I thought turkeys could fly." A. Carlson
  2. 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....

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    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  3. 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.

  4. 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.

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