FCC May Tweak Broadband Plan
adeelarshad82 writes "Despite a recent ruling that said the FCC did not have the right to interfere in Comcast's network management issues, the agency is pushing ahead with its national broadband plan, though there might be some tweaks. Since the case was won on the fact that the FCC based its decision on its Internet Policy Principles, a set of guidelines the agency developed internally several years ago regarding broadband Internet service and not actual rules that went through a formal, open rulemaking process, they are invalid, as is the enforcement action. FCC general counsel Austin Schlick acknowledged that the court's decision may affect a significant number of important plan recommendations. The commission is assessing the implications of the decision for each recommendation to ensure that it has adequate authority to execute the mission laid out in the plan."
First off the economy would not have collapsed.
The businesses that made poor decisions (Chase, AIG, etc) would have died in 2009, and then the healthy companies (like Ford, Apple, Microsoft) could have rebuilt on top of their broken bones in 2010, with a better stronger economy. Survival of the fittest. - Instead we have chosen to save a bunch of crippled, corrupt corporations, and they are dragging us down into a decade-long malaise (think 1930s).
Second, having your half-million-dollar Retirement savings shrink to only half the value (by 2020) is preferable? No, not really. That's a loss of ~$250,000 in real personal wealth.
"I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall