"...for the great problems, granting that they let themselves be grasped at all, do not let themselves be held by toads and weaklings..."

- Friedrich Nietzsche

Competition is Good! Ds Vote No?

The FCC is doing what it can to facilitate competition in the cable industry, lowering the barriers of entry for telcos to compete with the cablecos:

Phone companies such as Verizon and AT&T have been chomping at the bit to bring you cable TV service, bundled, of course, with your local phone and high-speed Internet services. And the Federal Communications Commission obliged them yesterday, voting 3 to 2 to make it easier for them to get around pesky local governments that grant franchise agreements.

The new rules approved by the commission will require local cable franchising authorities to act within 90 days on applications from companies such as Verizon and AT&T that have wires in place.

The FCC's decision was a contentious one, with the vote splitting along party lines -- the Rs voting for and the Ds against.
[Read]

The only real question is why do Ds hate competition so? What reason could they possibly have for voting no?

posted at 09:09:24 on 12/21/06 by clearpolitics - Category: Economics - [Permalink]

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