Friday, November 06, 2009

What Do Honduras and Net Neutrality Have In Common?

Awhile back I mentioned a very large company CEO that got in a tussle with Obama's FCC Chairman who was pressing full ahead with crazy net neutrality rules that would be a job killer for the telecom infrastructure industry but was beloved by Obama Maoist cadres (and Google).  I since got a little more scuttlebutt that the industry went deep into the administration and showed them how nutty this was and got a deal to strip out the really economically stupid stuff and leave just enough so that it looks palatable to the lefty nuts.  Well, here is something that sheds some light on how this is playing out.  It's not outlandish to see a guy like Summers saying 'enough is enough, we're at 10% unemployment, we don't need to poke business in the eye yet again for a bunch of techno nutjobs.'  Sounds about right to me.  Where does Honduras fit in?  See this.

I see a pattern emerging.  Obama lets the Maoists and crazies run wild; at the last minute someone in the administration - after catching a ration of shit from people who actually know what they are talking about - says "Hold it, maybe we ought to think about this"; they stop and think and they eventually backtrack.  We should all be thankful for this, although it would great if we had an administration that didn't have us stepping in Maoist doodoo on every first move.

1 Comments:

Blogger Bat One said...

I wonder what the current unemployment rate would be if, instead of pushing as far to the redistributionist left as they can and then backing off slightly to accomodate their wiser, more experienced elders, this administration was pushing as hard in the direction of free market capitalism with policies that actually encourage entrepreneurial development and capital formation.

5:41 PM  

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