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by Revcb Tuesday 12-Feb-2013 tags: broadbandbits

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silbaco

join:2009-08-03
USA

Rural Internet

That's why the money should be loaned out instead of given out. The loaned money is used for its intended purpose.
elray

join:2000-12-16
Santa Monica, CA

Re: Rural Internet

said by silbaco:

That's why the money should be loaned out instead of given out. The loaned money is used for its intended purpose.

Nice in theory, but the same result.
The debt is "forgiven", along with the tax on debt forgiveness, and more money flows.

If its a private loan, the bank is forced to lend by the feds to prove they don't discriminate, then blamed when the loan goes unpaid, then we pay for the loss, the debt is forgiven, again, along with the tax.

Perhaps we should simply let the locals decide for themselves whether, or not, they need or want to pay for broadband, and whether it is relevant for their schools, rather than trying to "help" them to someone else's money.

Plenty of dotcom millionaires send their kids to schools without computers. The research isn't settled, and it never will be, but there appears to be a direct effect of point-n-click googleducation on brain wiring, which may not be a good thing.

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