Apparently, Thursday will mark the day the internet died. Who knew? From the WSJ:
The permissionless Internet, which allows anyone to introduce a website, app or device without government review, ends this week. On Thursday the three Democrats among the five commissioners on the Federal Communications Commission will vote to regulate the Internet under rules written for monopoly utilities.
The more than 300 pages of new regulations are secret, but Mr. Wheeler says they will subject the Internet to the key provisions of Title II of the Communications Act of 1934, under which the FCC oversaw Ma Bell.
Title II authorizes the commission to decide what “charges” and “practices” are “just and reasonable”—an enormous amount of discretion. Former FCC Commissioner Robert McDowell has found 290 federal appeals court opinions on this section and more than 1,700 FCC administrative interpretations.
Defenders of the Obama plan claim that there will be regulatory “forbearance,” though not from the just-and-reasonable test. They also promise not to regulate prices, a pledge that Republican FCC Commissioner Ajit Pai has called “flat-out false.” He added: “The only limit on the FCC’s discretion to regulate rates is its own determination of whether rates are ‘just and reasonable,’ which isn’t much of a restriction at all.”
The Supreme Court has ruled that if the FCC applies Title II to the Internet, all uses of telecommunications will have to pass the “just and reasonable” test. Bureaucrats can review the fairness of Google ’s search results, Facebook ’s news feeds and news sites’ links to one another and to advertisers. BlackBerry is already lobbying the FCC to force Apple and Netflix to offer apps for BlackBerry’s unpopular phones. Bureaucrats will oversee peering, content-delivery networks and other parts of the interconnected network that enables everything from Netflix and YouTube to security drones and online surgery.
Shouldn't the internet stay as Al Gore originally intended it? I am not going to pretend that I understand the technology at issue here, but this just comes down to a trust issue doesn't it. What exactly is broke with the internet that needs to be fixed by the government? To ask that question is to answer it. In the question of who I trust to have my interest in mind more, I will go with the greedy capitalists at Google and AT&T any day.