The age of hypocrisy is alive and well. On the issue of net neutrality, Tea Party idealist Ben Cunningham of the Tennessee Tax Revolt said:
“it’s ideological: individual decisions freely made by consumers and vendors will provide the best regulation of the internet. Letting the FTC set rules will only bring out armies of lobbyists seeking to influence policy.”
This is the same hands off policy the government had towards the banks, which brought us the worldwide recession. Federal oversight and regulation of banks was bad, we were told, the markets could regulate themselves said Fed Chairman Alan Greenspan.
After the damage was done and the market crashed, the former Fed champion of deregulation admitted he had been mistaken in thinking markets could or would regulate themselves. Only a banker has the luxury of twenty-twenty hindsight without any repercussions.
And, as if on cue, here’s a supposed grass roots enthusiast telling us we should repeat the same mistake with giant Telecommunication companies.
Without rules, a few corporations will gain too much power, and in turn will control information on the web. If one wanted to look up the impact of the BP oil disaster, would it lead to a corporate propaganda site, or would it lead to a local site showing the devastation up close and personal?
If we don’t protect net neutrality, we’ll end up with covert corporate control as opposed to the overt type of control like we see in communist China.
At this very moment “armies of lobbyists” are working against net neutrality and “seeking to influence policy”. We are a nation of laws for a reason, under the right circumstances and combined with governmental hands off policies, human nature cannot and will not regulate itself. This is a truism even a former banker now admits.