Whoever knows he is deep, strives for clarity; whoever would like to appear deep to the crowd, strives for obscurity. For the crowd considers anything deep if only it cannot see to the bottom: the crowd is so timid and afraid of going into the water.

- 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.

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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