Obama calls for more regulation of Internet providers, industry fires back
President Obama threw down the gauntlet Monday with cable companies and Internet providers by declaring they shouldn’t be allowed to cut deals with online services like YouTube to move their content faster.I'm all for a free and independent internet but I also know that when the excessive and heavy hand of the government gets involved consumer exploitation and partisan favoritism isn't far behind.
It was his most definitive statement to date on so-called “net neutrality,” and escalates a battle that has been simmering for years between industry groups and Internet activists who warn against the creation of Internet “fast lanes.” The president’s statement swiftly drew an aggressive response from trade groups, which are fighting against additional regulation, as well as congressional Republicans.
"We are stunned the president would abandon the longstanding, bipartisan policy of lightly regulating the Internet and calling for extreme" regulation, said Michael Powell, president and CEO of the National Cable and Telecommunications Association, the primary lobbying arm of the cable industry.~snip~
This is nothing more than another attempt by democrats and liberals to extort more money in the form of fees from the public.
Government has been a piss poor steward of public money since forever.
Giving them another revenue stream would be irresponsible.