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elray

join:2000-12-16
Santa Monica, CA

reply to KCrimson

Re: That's what voting GOP gets you

said by KCrimson:

I think the courts should allow the community to waste their money as they please. If the current market hasn't seen a fiber startup until now, I'm sure it will either fail horribly (burdening the entire foolish community for generations), or they will change the playing field for such businesses retroactively. Either way, let the buyer beware (and watch the productive and sensible flee).

The locals in the community ARE free to waste their money, they just aren't allowed to waste the taxpayer's money.


KCrimson
Premium
join:2001-02-25
Brooklyn, NY
kudos:1
Reviews:
·Verizon FiOS

said by elray:

said by KCrimson:

I think the courts should allow the community to waste their money as they please. If the current market hasn't seen a fiber startup until now, I'm sure it will either fail horribly (burdening the entire foolish community for generations), or they will change the playing field for such businesses retroactively. Either way, let the buyer beware (and watch the productive and sensible flee).

The locals in the community ARE free to waste their money, they just aren't allowed to waste the taxpayer's money.

A referendum concerning such a capital expenditure by the locals would solve that differentiation. If (as I'm suspecting will occur) the locals approve such a project, there's little the opposition can do. It becomes a public works project like a toll road, a bridge or a dam. It wasn't long ago that there were private toll roads. I'm NOT endorsing this, but I'm not sure there's much that can stop an "inspired" populace from wasting the taxpayer's money.

IMO, the mistake the opposition has made to date is having the existing broadband provider taking on the legal challenge. It should have been coordinated with a local grassroots opposition group instead (similar to the NHL Coyotes bond issue opposition, where the league is foisting a bond issue on the public, and concerned opponents are preventing the issuance by devaluing the bonds).

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