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Comments on news posted 2009-11-10 18:51:21: According to a statement by the USDA's Rural Utilities Service (RUS) and the Commerce Department's National Telecommunications and Information Administration (NTIA), Uncle Sam will be consolidating the two remaining broadband stimulus funding rounds .. ..
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 patcat88
join:2002-04-05
Jamaica, NY
| sham AFAIK, all the broadband stimulus money is just going to temporarily lower the price of broadband for "Lifeline" (poor/disabled) customers. When the stimulus money expires, they will get a rate hike. Nothing more than a giveaway to the telcos and cable cos. No infrastructure has been built with that money. No new customers have gotten broadband with that money. It makes as much sense as giving gift certificates for mcdonalds for those on food stamps. | |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA | Build and Dump So, will VZ take the money, build things out, then sell it for the tax break? | |
| yt
Premium
join:2008-06-03 | Be carefull what you wish for "A government big enough to give you everything you want is a government big enough to take from you everything you have." - Gerald Ford | |
| yt
Premium
join:2008-06-03
3 edits | Play this out a bit.. Our taxes go to opportunists that didn't have a solid enough business plan to receive private funding. These players try to compete with larger players. This temporarily starts a pricing war (sounds good so far) and perhaps even some innovation.
Now the mid size players can't afford to be in the business anymore and fail.
The smaller opportunist who received the funding probably had no solid business plan in the first place and the government employees vetting this have have NO IDEA how the business works, or the time to really understand the business plan. It is not their money so no skin in the game. Once the funding runs out those smaller business fail.
During all this time the large companies have focused all on price and cut out expansions, innovation, speed-increases, and other efforts that the market has allowed for over the past few years.
The government should be a referee in the free market. Their only job should be to ensure that everyone plays by the rules. Anytime the government gets involved as an owner, coach or quarterback, it ruins the game. | |
| | | | tdouglas22
join:2001-09-25
Memphis, TN | Re: Play this out a bit.. If the other players (the larger telcos) were willing to play fair then you might be on to something. However, the playing field is uneven and has been for quite some time. | |
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