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Should regulators in Washington, D.C., set the rules for the Internet? Julius Genachowski, Chairman of the Federal Communications Commission (FCC), thinks so. He has crafted a plan to impose so-called “net neutrality” rules on Internet service providers, setting an FCC vote on the proposal for next Tuesday.
Lack of Legal Authority
In taking these steps toward neutrality regulation, however, the FCC faced an inconvenient obstacle: Nothing in any statute gives the FCC authority to regulate the Internet.
Originally posted by Surfrat
Have you seen any US congress give back power once it has been stolen from us?
Originally posted by Surfrat
The free market takes care of itself...You succeed or you fail. You fail; you lose YOUR assets.
When Government programs fail; They lose OUR assets. Since the Government officials do not have a personal financial stake in their regulatory decisions they don't care about there Unintended Consequences:
www.youtube.com...#!
Originally posted by Surfrat
I believe consumers should be protected by the various federal and state consumer protection services, not the FCC or Congress.
That sounds like “consumer protection services” to me.
As specified in section one of the Communications Act as amended by the Telecommunications Act of 1996 (amendment to 47 U.S.C. §151) it is the FCC's mission to "make available so far as possible, to all the people of the United States, without discrimination on the basis of race, color, religion, national origin, or sex, rapid, efficient, Nation-wide, and world-wide wire and radio communication services with adequate facilities at reasonable charges."