posted on February 21, 2003 11:59:56 PM new"Now the Summit County, Colo.-based DSL (digital subscriber line) service may be facing its biggest challenge yet, thanks to a decision Thursday by the Federal Communications Commission to deregulate parts of the high-speed Internet access industry. Like other players on the edge of the broadband universe, the 18-member co-op is bracing for an increase in prices brought on by the new policies, even though they were intended to increase competition."
Working on the economic theory as seen by the Republican Political Hype machine all of these years, folks think that regulation is a bad thing, that it stifles competition, and keeps costs too high, and efficiency low. Yeah, we've all heard that garbage for a long time and followers of this failed line of reasoning have continually plugged their ears to critics of the theory.
Deregulating California's electricity wasn't enough proof that deregulating is a bad thing. Other horror stories abound where voters think that they are about to open up the door to the free market and once deregulation is in place, the reality hits home to them -- especially in their pocketbook! Now another debacle is unfolding. Aren't you glad to be a Republican?
