North Andover, MA
|reply to wifi4milez |
Re: Bad Idea in So Many Ways
Nationalizing a public asset that can't be duplicated and is being abused for guaranteed (monopoly) profits, is far far far, different from violating the constitutional rights of all citizens using "teh terror". Take a look at some old Sen. McCarthy footage if you want to understand. Service providers and pipeline owners SHOULD be separate, it's the only way to have a free-market. All service providers would pay the same maintenance fee some of which would provide for upgrades.
The problem is the vertical integration will destroy any innovation that is beneficial for consumers. (unless cost cutting is passed through, no history of that) See the oil industry for a great example. You may also want to notice that the refining margins on a barrel of gasoline in the US is 20X that in Europe (where the cost of gas is high because of taxes). In Asia they actually LOSE money on refined product right now, so it's harder to make a comparison.