FCC To Make Move On Net Neutrality
GrApHiX42 writes "The FCC will announce on Thursday it plans to pursue a 'third way' forward in the fight for tough net neutrality rules, opening a new front in an ongoing legal battle that could come to define the commission under Chairman Julius Genachowski. A senior FCC official said Wednesday that the chairman 'will seek to restore the status quo as it existed' before a federal court ruled it lacked the authority to regulate broadband providers and set rules that mandate open Internet. The goal is to 'fulfill the previously stated agenda of extending broadband to all Americans, protecting consumers, ensuring fair competition, and preserving a free and open Internet,' the FCC official said."
> AT&T put in all the miles of fiber we now have back in the 40's?
Ok, you asked for it. So sit right down and lemme tell ya a tale.
Back in the 90's there were first stirrings of the sort of reform I am talking about. They didn't split em but they did force the telcos to allow competition of a sort. Remember the CLECs? There was a lot wrong in how that scheme was setup, with the incumbent carrier retaining an unhealthy advantage but it was a start and it scared the piss out of the telcos. So they got their pet congressman (Rep Billy Tauzin R-LA in fact but R-BellSouth in reality) to knife the CLECs. This set off a chain reaction that led killed off the CLECs, and most small ISPs because they had become CLECs to get access to low enough rates to stay in the game; that in turn killed the equipment makers that depended on them, i.e. Lucent, Nortel, et al. The contagion spread until it became known as the .bomb.
Perhaps you read about that back in 2000 if you were the sort to read business pages. The rest of the country found out in 2001 after the Presidential race was over with, a major market meltdown didn't fit the media's narrative of that race you see; the story of the Clinton economic miracle that we could keep going if we elected Algore.
While the threat was solved for now, the telcos were determined a shift in their political fortunes wouldn't see a rebirth of competition. So while they had the power they used it. They bought themselves a law that would exempt any new fiber investment from being subject to being opened to competition. They told us that without that promise we would all be stuck on dialup and become uncompetitive in the world economy. And so Congress gave them what they wanted and then some, heck they even threw direct cash at em! And they are slowly rolling out fiber.... and rolling up the copper as they go. So they just refreshed the monopoly. Who cares what it cost, that gets passed to the end customer anyway.
Note that the government is just as liable for the Kaboom! as the telcos. So giving any of them more power is a bad idea.
Democrat delenda est