So ya like that Internet thing...like a flea on a dog! I hope you got deep pockets.

Source: Chicago Ray

Democrat’s High Speed Internet Grab Will Cost Us 62 Billion Annually, 500,000 jobs…liberty

June 17, 2010

By chicagoray

This is the democrats at work regulating this and regulating that, which is the diametric opposite of Conservatives as most are figuring out now if they didn’t know it before, and all it does is cost Americans more of their liberty and wealth by creating more government.

Which, in turn,  translates to more government pensions, more government porn addicts and more thieves, and more wasted money. Period

This Liberal Internet ‘grab’ is nothing but a way to silence people like you an me, making the internet how it was at the beginning.  Back when only the wealthy could use it because of it’s exorbitant costs. I was on it in 1990 and it cost hundreds of dollars a month, hundreds, and I paid it.

When AOL first hit the scene kids couldn’t afford home computers,  nor could most adults, and frankly,  liberals like it that way so they can control the message.

Nothing more nothing less, that my friends is all This below is about.

********************

Proposed regulation of high-speed Internat service providers by the U.S. government could cost the economy at least $62 billion annually over the next five years and eliminate 502,000 jobs, according to a study released by New York Law School.

The report estimates that broadband providers and related industries may cut their investments by 10 percent to 30 percent from 2010 to 2015 in response to additional regulation. At 30 percent, the economy might sustain an $80 billion hit, according to Charles Davidson, director of the law school's Advanced Communications Law & Policy Institute, which released the report on June 16.

“There will be follow-on effects in the whole ecosystem,” said Bret Swanson, president of technology researcher Entropy Economics in Zionsville, Ind., who co-authored the study with Davidson. “A diminution of investment by the big infrastructure companies will reduce network capacity, new services, and investment by all the ecosystem companies,” such as application providers and device manufacturers, he said in an interview.

continue reading at - BusinessWeek.

Related articles by Zemanta

• New Report Says Net Neutrality Regulations Could Cost up to 500,000 Jobs and $80 Billion per Year in Lost GDP (eon.businesswire.com)
• FCC looking at broadband classification this week (intomobile.com)
• No Such Thing As Regulatory Predictability When It’s Built on an Illusion of Authority (pff.org)
• FCC to consider first step toward broadband regulation (macworld.com)
• 5 more fresh articles...