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
    Anonymous Coward, 24 Nov 2008 @ 10:13pm

    Re: What Happened to No Government Interference in Business?

    It's no more Bush's fault than any of the other political cronies in DC. Bottom line it's the general public being either too stupid or not taking any action to prevent this crap. The people that signed on the dotted line for the ridiculous loans are as much to blame for this madness as those peddling them. They knew damn well they could not afford them. For those flipping houses, they new damn well of the risk involved, let them pay the piper. The only thing happening now is the government getting more involved where they have no business being, they are taking the repercussions of bad business decisions off the table.

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