Posted tagged ‘Net Neutrality’

Must Reads For The Week 12/16/17

December 17, 2017

Pentagon To Undergo First Ever Audit After Decades Of Sloppy Accounting And Missing Trillions, at zerohedge.com. Trying to make government agencies more efficient is a fool’s errand. Government agencies have no incentives to be efficient. If you want to cut spending by making bureaucracies more efficient you have put the cart before the horse. The only way to constrain spending is to cut their budget. Cutting their budget by say 25% would reveal what is and is not important to the Pentagon. They will cut spending on what is least important. If you cut their budget another 10%, the next wasteful marginal activities will be revealed. The Pentagon can’t spend what it doesn’t have.

Net Neutrality And The Problem With “Experts“, by Ryan McMaken, at mises.org. The term “Net Neutrality” sounds just as good as “The Affordable Care Act”. No one could be against these policies could they? Progressives are great at making up clever names for their regulations. Unfortunately the results of these regulations are the direct opposite of their names. Net Neutrality is about individuals in government (the deep state) wanting to control the internet. The insiders knew they couldn’t get their regulation passed legislatively, so they used the FCC to implement the policies. If you are for “Net Neutrality” I have one question for you. If the internet, with all its complexity, came to exist today without government regulations, will it continue its growth under government regulations?

Here is a quote from George Gilder: “Socialist and totalitarian Governments are doomed to support the past. Because creativity is unpredictable, it is also uncontrollable. If the politicians want to have central planning and command, they cannot have dynamism and life. A managed economy is almost by definition a barren one.

Harvard Business School Professor: Half Of US Colleges Will Be Bankrupt In 10 to 15 years, by Abigail Hess, at cnbc.com. I have said for years that we can cut the cost of educating high school and college students through online education. This is an example of the creative destruction of the market. Colleges will try to protect their monopoly position by lobbying government to decertify online education and use taxpayer money to prop up their failing business model. Will the market (decisions made by individuals) win, or will individuals in government intervene?

Germany Ends Tesla Model S Subsidies In Massive Blow To Company’s Government Funded Business Plan, at zerohedge.com. Elon Musk is a scam artist. He has become wealthy by convincing individuals in government to give his company tax payer dollars directly and through subsidies for buyers of his product. Under normal market conditions consumers wouldn’t be as ‘charitable’ with their own money. Electric cars may be the cars of the future. That future could come to exist incrementally as the unsubsidized cost of electric cars becomes less than the cost of gas-powered cars. But the cost isn’t the only factor. The electric car must also be a better product according to the desires of consumers. And each consumers desires are subjective, with cost being just one factor.

Ban The Bike! How Cities Made A Huge Mistake In Promoting Cycling, by Lawrence Solomon, at businessfinancialpost.com. Here is another example of government central planning creating economic inefficiency. Using scarce resources for non productive activities is what government does best. Free markets (what results when people are allowed to produce, exchange, consume and save what they want according to they subjectively value) channel scarce resources to their most productive uses. This is why bike advocacy groups spend their time and money lobbying government to get what they want, because markets would constrain their plans.

John Cochrane On Surge Pricing, Economic Freedom And The Sad Paradox Of Free Markets…. by Mark J. Perry, at carpediemblog. Raising the price of tolls during rush hour is a free market solution (trade-off) to traffic congestion during rush hour. Toll road I-66, in the Virginia suburb of D.C., has increased tolls during rush hour to relieve congestion. Of course everyone is complaining. Which means politicians are trying to step in and get these ‘unfair’ prices reduced. People don’t understand how markets work. But they seem to believe that politicians using government power can conger up a solution to an economic ‘problem’. The laws of economics are still in play even though government tries to wish them out of existence. The reality is there is more demand for road space during rush hour than what exist to handle this demand. During normal times of the day there is less demand for this same road space. We could call it an over-supply of road space. One ‘solution’ would be to supply enough road space to handle rush hour demand. But at what cost? The new supply of road space would be a waste of scarce resources at all other times except rush hour. Raising tolls during rush hour is not a solution as much as it is a trade-off. The scarce resource of road space can be rationed through price increases. The increased price of the toll allows individuals to make the trade-off between purchasing higher priced road space now, or lower priced road space at some other time.

Here is an excerpt from the article: “It does not occur to anyone that you’re really not paying tolls to the government. You are paying your fellow drivers to stay home, carpool, come later, so that they will get out of your way and let you sail to work.”

“The reaction to Uber surge pricing is a similar test. Economists love it. You mean rather than sit in the rain and wait, I can pay more, compensate someone else for waiting, encourage a driver to skip dinner, and take me where I want to go, now? I’m in. Or, I can save some money and to later. Everyone else hates it. and gets cities to ban it. And we to back to waiting.”

“The fundamental reason so many markets are not free, and so dysfunctional, is that the voters of our democracy don’t really want freedom. Freedom will come when we want it, when we insist on it, when the average voter sees a free market solution rather than endless controls as the answer to real world problems. The sad paradox of free markets is that free markets don’t need people to understand them to work. But democracy does require voters to understand how things work.

Is The Oil Glut Set To Return? at zerohedge.com. Simple supply and demand. The American fracking industry is what is keeping the price of oil from increasing. OPEC’s attempt to increase oil prices by constricting what they will supply won’t work. As soon as the price increases, because of their production cuts, it becomes profitable for American fracking to increase production. This in turn drives the price back down. The only reason oil is staying around $50 a barrel is because the price rose to an average of $100 a barrel from 2008 to 2014. This price made it profitable to start fracking. During this time period the fracking industry found more cost efficient ways to extract the oil. Today they can pump oil profitably at prices above $40. Free market prices work.

Chicken Wing Spot Prices Collapse 30% As NFL Protests Take Their Toll, at zerohedge.com. Not only are fewer people going to NFL games. Fewer people are going to wing restaurants to watch NFL games. Politicizing the NFL has economic consequences.

Is Free Trade A Problem If Some People Use Their Greater Freedom To Eat More Than Intellectuals Think Wise? by Don Boudreaux, at cafehayek.com. Free trade increases the number of choices for consumers. This is a good thing, unless you are a central planner. Central planners don’t like free trade if the choices people make don’t coincide with what the planners think is wise.

NRA-Republican Backed Bill Makes It Easier For Feds To Disarm Citizens, by Tho Bishop, at mises.org. Excerpt from the article: “While Republicans and supporters of the NRA may not fear the Trump Administration coming after their guns, it is obviously reckless to grant additional power and resources to future administrative states that may be quite hostile to the right to gun ownership. To put it simply, there is never a good reason to give Federal agencies the power the revoke an individual’s ability to lawfully purchase a weapon without due process.”

Can We Be Honest About Women? by D.C. McAllister, at thefederalist.com. With all the allegations of sexual harassment, maybe we need to step back and take a look at the reality of human nature.

CARTOONS, from therightreason.net.

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Must Reads For The Week 2/4/17

February 5, 2017

 

CRA: The “Regulatory Game Changer” That Could Wipe Out 8 Years Of Obama Regs In An Hour, at zerohedge.com. The Congressional Review Act could be used to repeal much of the burdensome regulations of the last 8 years. But why stop at the last 8 years?

Trump Taps Net Neutrality Critic To Lead FCC, at economicpolicyjournal.com. ‘Net Neutrality’ is a back door, or maybe a front door, into government regulation of the internet. This appointment will help neutralize this push against a free internet.

A Tale Of Two Cities…..Paris & Washington, at zerohedge.com. As Paris is ramping up environmental regulations, Washington is in the process of getting rid of burdensome environmental regulations. These regulations are a cost to businesses and ultimately the consumer. Paris is putting a ‘tariff’ on itself, while Washington is reducing the amount of the self imposed ‘tariff’. Trump should learn a few things about the results of trade restrictions, subsidies and tariffs from this. If he understands that environmental regulations are costs on businesses and consumers, he should be able to understand that trade regulations are costs on businesses and consumers.

Obama Issued A Massive Ammunition Ban Just One Day Before He Left Office, at zerohedge.com. There is no better way to get rid of guns than to make the one activity that introduces younger people into the use of firearms more expensive. Hunting is how many people are taught the safe use of firearms. People who have never been around firearms are generally fearful of firearms and can be manipulated into thinking people don’t need firearms.

Trump Regulatory Freeze Halts $180 Billion Of Proposed Obama Rules, New Study Shows, at zerohedge.com. If just putting a stop on pending regulations will save $180 billion; what happens if existing regulations are cut?

Construction Equipment Rental, at equipmentshare.com. The sharing economy makes us more productive. HT/ Carpe Diem Blog.

Iron Roughnecks Are Taking Over Oil Rigs, at bloomberg.com. Producing more with less. Fewer people are needed to man oil rigs thanks to automation. This is a good thing if you understand economics. But a bad thing if you don’t. HT/ Carge Diem Blog (click here).

Exposing The Cronyist Argument For Carbon Taxes, at freedomandprosperity.com. You know Government has too much power when big business agrees with something like this. This tax imposes costs on the competitors of these big businesses. These smaller competitors can’t afford the tax, like the big businesses can. The smaller competitors are eventually driven out. The consumer pays for this through higher prices.

Destroying The “Wind & Solar Will Save Us” Delusion, at zerohedge.com. Another example of too much Government power. Politicians use the power of government in an attempt to bring things forward in time, before it’s their time to be in the present. High cost energy from wind and solar can’t compete with lower cost energy from fossil fuels. Trying to use regulation and tax payer backed subsidies and loans to move green energy forward before its time is a waste of scarce resources that could, and should, be used in more productive activities. Unfortunately for the green energy zealots, but fortunately for us,  fossil fuels are going to be our main source of energy for a long time. But this fact won’t stop politicians and bureaucrats from using tax payer money for these green boondoggles.

Identity Politics At It’s Best Worst

As Democrat Representative Andre Carson introduces himself at a rally, you can hear Nancy Pelosi reminding him to “Tell them you’re a Muslim”.

My article this week, “Fake Headlines” , talks about identity politics.

Cartoons from The Burning Platform (More Here)

 

Must Reads For The Week 5/23/15

May 23, 2015
The pen is mightier than the sword...

 The pen is mightier than the sword… (Photo credit: mbshane)

LETS START WITH TECH

Electroloom Is a 3D Fabric Printer In The Making, by Natasha Lomas, at techcrunch.com. This is mind-blowing. Even when I watched the video of the 3D printer in action, I thought, what am I watching? The one question I had when I watched the video was; Why did they go to China to make Electroloom into a more usable product? Why couldn’t they do what they wanted to do here? Was Government regulations a reason they couldn’t finish there work here? I’m just asking, I don’t know why.

BioBots Is A 3D Printer For Living Cells, by Natasha Lomas, at techcrunch.com. BioBots can “build 3D living tissues and miniature human organs for research and pre-clinical screening, such as drug testing as a replacement for animal testing“. You can test on more complex human cells instead of less complex animal cells. A step forward to the possibility of 3D printing usable human organs.

Bocusini Will 3D Print Your Food Like A Fine Robotic Pastry Chef, by John Biggs, at techcrunch.com. The 3D printer uses small cartridges of chocolate, fudge, sugar, and marzipan, to create tasty small objects. I the day coming when you can fill the cartridges with some type of eatable food product that can be transformed to taste like your favorite meal.

GOVERNMENT INTERVENTION

Warning: Put Away All Sharp Objects!

Illinois, Chicago Run Out Of Options, Christine Williamson, pionline.com. Years of kicking the pension can down the road has finally caught up with politicians and bureaucrats.

Where Greeks Are Stashing Their Cash—German Cars, Not Mattresses, at davidstockmanscontracorner.com. When a currency is perceived to be loosing its value, people will not hold it. They will exchange it for goods. The Greeks are getting German cars, and the Germans are getting printed depreciating currency. It’s a something for nothing exchange.

School Cafeteria Food Fight: FLOTUS vs. Students, at tammybruce.com. Students are posting photos of their paltry lunches on social media. The US Department of Agriculture has decided to post photos to counter act the students photos. All I know is, you are not going to win a social media food fight with young people if you make it an, us against them scenario.

The Governments Message For Heavily Indebted Students: Don’t Pay Us Back, at zerohedge.com. The Federal Government takes over student loans. Than it hooks students into huge debt. Now it is taking the first steps to forgive the loan balances. Is this the start of Universal College Education, like Universal Health Care. Watch out tax payers.

Regulations Holding Back U.S. Energy Infrastructure Investment, by Mark J. Perry, at investors.com. In New England, a pipeline shortage caused by unpredictable Government regulations, has led to significantly higher costs of electricity and natural gas. We’re shooting ourselves in the foot with over regulation.

Net Neutrality: Obama’s FCC Puts Internet, American Innovation At Risk, by George Gilder, at discovery.org. George Gilder knows about the economics of technology. This is ‘the’ must read of todays must reads.

DEA Strikes Again: Seize Mans Life Savings Under Civil Asset Forfeiture Without Charges, at zerohedge.com. This is a clear violation of the Fourth Amendment. How can this go on in America. This is the kind of thing that happened behind the iron curtain back in the day.

Why Minimum Wage Laws Are ‘Phased In’, (Hint: It’s An Attempt To Hide The Terrible Consequences). by Bryan Caplan, at economicpolicyjournal.com. Obamacare was and is being phased in like this. When consequences happen gradually, people don’t notice as much. Even though the end result is still the same: fewer jobs at the higher price.

JUST LAUGH OR YOU’LL LOOSE YOUR MIND

Al Sharpton’s Daughter Suing NYC For $5 Million Over Ankle She Sprained On Soho Sidewalk, at dailymail.co.uk. She said the sprain left her in “permanent pain and mental anguish”. Who says kids don’t learn from their parents?

Must Reads For The Week 2/28/15

February 28, 2015
The pen is mightier than the sword...

 The pen is mightier than the sword… (Photo credit: mbshane)

A BAD WEEK FOR LIBERTY

FCC Votes In Favor Of Net Neutrality Has The Slippery Slope Of Web Censorship Begun? at zerohedge.com. The FCC passed 317 pages of net neutrality regulations that no one outside of the FCC commissioners have read, (“you have to pass it to find out what’s in it”). FCC commissioner and dissenting voter, Ajit Pai, described what happened with the passage of net neutrality regulations, “…imposes intrusive government regulations that won’t work to solve a problem that doesn’t exist using legal authority that FCC doesn’t have.

The Net Neutrality Scam, by Ryan McMaken, at mises.org. A great article explaining what net neutrality is and what will happen when it is implemented. He asks a great question: “Who Will Control The FCC? It will all come down to what they can get away with politically, because we certainly don’t live under the rule of law.

Mark Cuban’s Surgical Take Down Of Net Neutrality, by Erica Ritz, attheblaze.com. Here is an excerpt from the article. “Cuban said the uncertainty and legal challenges of having the government regulate the Internet will be enormous, and predicted that it will slow down innovation. He also said there are many unexpected issues that will arise from such an enormous change.

Verizon Answers Net Neutrality Vote In Morse Code, by Christina Sterbenz, at businessinsider.com. Verizon uses Morse code to respond to 1930’s style regulations.

Chicago Has CIA Type Black Sites, at targetliberty.com. Cops in Chicago are violating individuals constitutional rights when they try to get them to talk at these black sites. This can’t happen here!

Obama To Ban Bullets By Executive Order, Threatens Top Selling AR-15 Rifle, by Paul Becard, at washingtonexaminer.com. Politicians and bureaucrats can mandate that you buy health insurance, on the one hand, and ban you from buying bullets on the other. Can we all agree that Government has grown too big and powerful?

Forced Blood Draws, DNA Collection and Biometric Scans: What Country Is This, by John Whitehead, at targetliberty.com. What ever happened to the fourth amendment: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall be issued, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

President Obama Vetoes Keystone XL Pipeline, at economist.com. The President vetoes a source for energy that will be built with private capital, but has spent billions of tax payers dollars “investing” in green energy companies that have since gone bankrupt. Read Government Investment Or Government Waste, to see a list of green companies the have gone bankrupt.

Sliding Into Totalitarianism, at economicnoise.com. The movement into totalitarianism is not a categorical change, it is an incremental change. The change is slow and difficult to perceive because we are living inside the incremental change. It is like looking at yourself in the mirror everyday for 30 years. You don’t realize how you’ve aged until you see a picture of yourself from 30 years ago.

SOME CARTOONS

Net Neutrality?

February 26, 2015

Here is a video of The President talking about net neutrality.

Sounds like he really wants to protect us, the little guys, from big corporations doesn’t it. Why should we believe the man who pushed a bill titled, “The Affordable Care Act”? Obamacare has made individuals less free to choose how they want to pay for their healthcare. Insurance companies were for this law because they thought they would benefit from its passage. With the stroke of the pen, the law created 30 million more costumers for insurance companies. The fact that it expanded Governments power over the individual makes politicians and bureaucrats happy. But who among us wouldn’t want our power expanded? Is the term “Net Neutrality” any different from “The Affordable Care Act”.

You can bet your life that Net Neutrality regulations will make the internet less neutral, less free, and more expensive.

Net neutrality laws will help the already established tech companies and hurt the upstart competitors who, under normal market conditions, would normally be a check on the big providers. The threat of competitors trying to get market share keeps them in line. This is what Uber is doing to the taxi cartel. Big tech companies will be for this, or at least be tepid in their resistance to it. Once Government regulates the internet, these tech companies will be the protected cartel.

Politicians and bureaucrats will not only be able to tax the internet more easily, they will be able to make rules about content, access, and will probably make you get a license to have a website. Think of what bureaucrats (Lois Lerner) in the IRS did to stifle liberty minded groups from getting their message out. Politicians and bureaucrats are only in favor of free speech if they agree with what is said, they are never neutral when it comes to losing power.

Politicians and bureaucrats have been trying for years to figure out how to intervene into the internet. The internet is what has allowed our economy to grow in spite of the interventions by the Government and the Fed. Now, for some reason, the President and bureaucrats want to intervene into an area of the economy that has had exponential expansion without the “help” of Government regulations.

IS THE DEPARTMENT OF THE INTERNET COMING SOON?

DEMOCRATICALLY ELECTED TYRANTS

Tyrants want to control information because truth is never on their side. Even democratically elected tyrants want to have the ability to control and/or propagandize their message. The internet is a marketplace where truth can be discovered, and lies can be uncovered, because of the volume of information that can be brought to bear almost immediately.

The President, the FCC, most democrats, and some republicans are showing their true tyrannical colors by supporting these regulations, but the internet Jeannie is out of the bottle. The marketplace will find ways to deliver this highly demanded economic good outside of these Government regulations. The tighter they squeeze, the more we will slip through their hands.

Related ArticleBeck Breaks Down What He Thinks Is The Real Goal Of Net Neutrality, at theblaze.com.

Related ArticleInternet Fast Lanes Would Be Banned Under Planned FCC Proposal, at entrepreneur.com.

 

Obama Wants “Net Neutrality” Regulations. That’s Why We Should Oppose Them.

November 19, 2014

Here is a video of The President talking about net neutrality.

Sounds like he really wants to protect us, the little guys, from big corporations doesn’t it. Why should we believe the man who pushed a bill titled, “The Affordable Care Act”, which made healthcare less affordable. Is the term “Net Neutrality” any different from “The Affordable Care Act”. You can bet your life that Net Neutrality regulations will make the internet less neutral, less free, and more expensive.

This video is an example of the truth about Obamacare aka The Affordable Care Act. The administrations favorite economist when it came to Obamacare, Jonathan Gruber, is proud of the lies that were told in order to sell Obamacare to the public. When you watch this guy, you are actually watching what the President, his administration, and the Congressmen and Senators who voted for this, think about you.

Obamacare has made individuals less free to choose how they want to pay for their healthcare. Insurance companies were for this law because they thought they would benefit by its passage. With the stroke of the pen, the law created 30 million more costumers for insurance companies. The fact that it expanded Governments power over the individual makes politicians and bureaucrats happy. But who among us wouldn’t want our power expanded?

Net neutrality laws will help the already established tech companies and hurt the upstart competitors who, under normal market conditions, would normally be a check on the big providers. The threat of competitors trying to get market share keeps them in line. This is what Uber is doing to the taxi cartel. Big tech companies will be for this, or at least be tepid in their resistance to it. Once Government regulates the internet, these tech companies will be the protected cartel.

Politicians and bureaucrats will not only be able to tax the internet more easily, they will be able to make rules about content and access. Think of what bureaucrats (Lois Lerner) in the IRS did to stifle liberty minded groups from getting their message out. Politicians and bureaucrats are only in favor of free speech if they agree with what is said, they are never neutral when it comes to losing power.

Politicians and bureaucrats have been trying for years to figure out how to intervene into the internet. The internet is what has allowed our economy to grow in spite of the interventions by the Government and the Fed. Now, for some reason, the President and bureaucrats want to intervene into an area of the economy that has had exponential expansion without the “help” of Government regulations.

Tyrants want to control information because truth is never on their side. Since the internet is the marketplace for truth, even democratically elected tyrants want to have the ability to control and/or propagandize their message.

Even if the President and the FCC succeed in getting regulations, the internet Jeannie is out of the bottle. They will show their true tyrannical colors with these regulations, but the marketplace will find ways to deliver a highly demanded market good outside of these Government regulations. The tighter they squeeze, the more will slip from their hands.