JOHN Fund writes that George Soros and the Ford Foundation have spent about $196 million funding the "net neutrality" campaign. And the long-term goal is control of internet content -- and funding public news organizations.
And now they have got what they wanted, with the Federal Communications Commission decision to regulate the internet as a public utility.
The price of moving data across the Internet has been falling by about 30 percent per year, according to the Wall Street Journal edit page.
That isn't good enough for the likes of Netflix, which now generates more than a third of all Internet traffic, and other major bandwidth users that are the chief lobbyists for the new FCC rules. Netflix doesn't detail its spending on Internet transport, though a telecom source estimates Netflix spends less than a penny for every movie it sends to a customer.Now, for some reason all our liberal friends are worked up about "net neutrality" and the evil bandwidth barons like AT&T and Comcast. Don't they know about the settled science? That the regulators always end up being captured by the interests they regulate? Are they determined to deny the fact that the price system almost always guarantees a more just distribution of resources than government?
Christopher Chantrill is a writer and conservative, and author of Road to the Middle Class. He runs usgovernmentspending.com, the go-to resource for government finance data, is a frequent contributor to the American Thinker, and blogs regularly at Rare.us. He lives in Seattle, Washington ...
Weekly opeds starting in late 2003.
Blogging starting in October 2013.
Numbers, charts, analysis of government spending in the US. You can make your own spending charts and download spending data.
Numbers, charts, analysis of government revenue in the US. You can make your own revenue charts and download tax data.
Numbers, charts, analysis of government debt in the US. You can make your own charts of debt over the years and download data.
Numbers, charts, analysis of the US federal budget. You can create your own custom charts, and look at budget projections and compare estimated with actual.
Take a course in government spending. It’s free!
Results of United States presidential elections.
Results of United States House and Senate midterm elections.
Numbers, charts, analysis of public spending in the UK. You can make your own spending charts and download spending data.
Blog and book. People get into the middle class with the cultural capital of religion, mutual aid, education, and law.
Blog and book. What should America be like in the life after liberalism when civil society replaces the administrative welfare state?
Blog and book. What went wrong in the nightmare of the Great Depression when, for ten long years, American was stuck on stupid?
First there was TARP at $700 billion and change. But did you know that the total financial bailout of 2008, in spending and guarantees, amounted to over $20 trillion?