Telcos: The Internet Will Collapse If The Gov't Doesn't Gives Us Lots Of Money

from the proof,-please? dept

For a while now, we've been noting that whenever you hear people warning about the impending broadband crunch, it's politicians, consultants or lobbyists. When you actually talk to technologists, they point out that there's no problem and that normal upgrades will keep everything just fine -- even without having to do any kind of traffic shaping or violation of net neutrality.

Yet, that won't stop the lobbyists, consultants and top marketing execs from claiming otherwise. A trade group heavily funded by AT&T is out yet again, warning that the internet will collapse by 2012 if "something" isn't done -- with that "something" being basically big government subsidies to the telcos. Consider it the telco bailout plan of 2009. Hell, if we're already bailing out Wall St. and Detroit, why not telcos as well?

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  1. identicon
    bob, 25 Nov 2008 @ 4:02am

    The dream comes true.

    Three things went wrong in the history of the US economy.

    1) Wilson signed the Federal Reserve Act turning the the purse strings over to the bankers.
    2) The US went off the gold standard.
    3) The New Deal that lengthened the Great Depression.

    The first bail out was Chrysler, Then the savings and loan fiasco.
    Government has been interfering in the economy and industry for over 150 years or before the Civil War.
    A wise man once said that when people realize they can vote themselves tax payer money that will start the fall of the Republic. What you are seeing is the dream of John David Rockefeller coming to fruition.

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