raydsltech
join:2004-07-04
Concord, NC
| reply to hailinfantry
Re: How convenient
Government can do very little correctly and not without wasting tons of money. Do you want the government to build and maintain your network? I don't! The government is suppose to protect us not provide us with another wealth redistribution scheme. This is all about having hard working people pay for internet access via taxing the so called rich and giving away internet access for those who can't afford it. |
|
russotto
join:2000-10-05
Collegeville, PA | Muni's are a competing-evils thing. On the one hand, socialized broadband is bad. On the other hand, effective-duopoly broadband supported by the FCCs and franchise agreements is bad too. |
|
underscore
join:2004-04-20
Fairfax, VA
1 edit | reply to raydsltech
said by raydsltech  :Government can do very little correctly and not without wasting tons of money. Do you want the government to build and maintain your network? I don't! The government is suppose to protect us not provide us with another wealth redistribution scheme. This is all about having hard working people pay for internet access via taxing the so called rich and giving away internet access for those who can't afford it. "Terry Huval, director of the Lafayette Utilities System, thinks BellSouth's real goal is to kill the project. "Their end-game is to frustrate us so much that we back away from this project," he says. Huval adds, "There won't be any cross-subsidies" because the city plans to use revenue from its new broadband services to finance the entire cost of the project."
Most rich people get their money off the backs of the hard working lower-class, So it doesn't bother me. |
|
ppcpunk
join:2001-02-11
Davenport, IA
| reply to russotto
Then how about you just build a network and lease port access to many different companies providing all kinds of different services and pay back the money it takes to build such a project with the money you make leasing port access over say 20 years or whatever length of time. |
|
ricep5
Premium
join:2000-08-07
Jacksonville, FL
 ·AT&T Southeast
 ·AT&T CallVantage
·VoicePulse
 ·Comcast Formerly ..
| reply to raydsltech
Typical Muni based fiber plans do not use general tax revenue to fund their efforts. They use their tax-exempt bonding authority to have the project underwritten and pay for the capital costs. The actual revenue to pay the bonds comes from the system subscriber income.
Other than competition, what scares Cox and BS is that Muni's can finance capital improvements cheaper than they can by using their tax-exempt bonding status. Typically, publicly held companies cannot get 30 year bonds that cheaply and pay back shareholders as quickly as the market is demanding. So they need near monopolistic policy to maintain the higher prices to pay both. |
|
Fiber2home
join:2004-12-30
Lafayette, LA
| reply to raydsltech
Somebody needs to build it. All of the incumbants say that we don't need it, they already have it, and that they won't build it. Yes - they have said all three things. If you want to see how they feel about fiber to the home check out their answers to the Chamber's forum questions.
»www.lafchamber.org/site136.php |
|
Fiber2home
join:2004-12-30
Lafayette, LA
| reply to ricep5
Their plan calls for 25 year revenue bonds. There is a group trying to call for an election on the issue and have referenced the incorrect bond type in their petition. The group will have to start over again on getting their 75 signatures which have been obtained by cox and bellsouth employees. |
|
footballdude
Premium
join:2002-08-13
Imperial, MO
| reply to underscore
said by underscore : Most rich people get their money off the backs of the hard working lower-class, So it doesn't bother me. Bull. Most rich people get their money by busting their asses and working to the point of exhaustion. Only a few make their money by persecution and it usually comes back to haunt them (like Saddam). |
|
