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join:2005-05-22 Monroe, MI
| reply to bicker Re: Build your own network if you're unhappy...
And Laisez-Faire capitalism is the staunch conservative's answer to everything. One look at the unrestrained nonsense caused by the repeal of Glass-Steagall showed how well that works out. We've been given the rewards of the *exact* same crap that caused the Great Depression.
You can't create wealth by selling bags of risk that are comprised of a mixture of mortgage securities written to people who are not likely to pay it back and damned certain not to pay it back. Yet that's exactly what happened and the economy takes another shot in the back because of unrestrained highly leveraged speculation -- things that were hard to do before 2000 because of the risks to everyone else who has to swim in the same pool.
Of course, the solution to this problem is to just let the market sort it out. But the government stepped in and has been guaranteeing these securities -- a decidedly LIBERAL thing to do for a bunch of people who should lose their investments just the same way that people are losing their homes. But you don't talk much about that, do you -- since socialistic assistance is fine as long as it benefits the wealthy.
Back on topic, these services are less and less discretionary and more utility. "Doing without" is, in many cases, becoming harder and harder just as "doing without" was harder and harder as electricity, telephone and natural gas lines made their way into consumer homes. If Comcast can't provide unfettered access, they need to be regulated. Period. And that goes for every other ISP.
Would you tolerate AT&T knocking the volume down on a call you placed through a third-party long distance carrier? I doubt "Well sir, it's our wires, we can do what we want" would be an acceptable answer if you complained. Yet that's exactly the power you're granting to Comcast. It's their pipes, don't like it, don't use them. That's not an acceptable situation because it's no longer just a "service". It's a utility used for online banking, education, communication and entertainment. | |  bicker
join:2007-05-10 Burlington, MA
| You are the first person in this thread to make any valid points, but even then, you're just raising matters for which reasonable people disagree, and both sides can claim that they're "right" and the other side is "wrong".
I don't talk about government guaranteeing securities because I believe it is WRONG.
If you really believe that this should be a utility, consider how much you'll pay in taxes to have the government acquire the assets via eminent domain. If you're not willing to pay that amount, then any kind of mid-range solution to the issue, such as regulation, is just a selfish grab for someone else's assets.
Let it happen to your assets and see how much YOU like it.
Your third-party long distance carriers example is irrelevant. That's not what is happening here. There aren't competing HSI services running on the cable. | |
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