We less government types believe in the Yellow Pages Rule: If you can find it in the Yellow Pages the government shouldnt be doing it.
But just before the 2008 election soon-to-be-President Barack Obama proudly proclaimed We are five days away from fundamentally transforming the United States of America." His transformational aim? To by any means necessary repeal the private sector - and replace it with government.
ObamaCare is an excellent example. The laws architect is accidental-video-star Jonathan Gruber - who acknowledges the heads-government-wins-tails-we-lose nature of the law. In 2012 Gruber said if ObamaCare was not successful at controlling costs well have to revisit single-payer" - i.e. government-only health care. And in 2014 he said if you like single-payer then ObamaCare has to succeed." No matter what we all get government.
And then theres President Obamas latest assaults on the private sector Internet. About which college professor and avowed Marxist (please pardon the redundancy) Robert McChesney said (T)he ultimate goal is to get rid of the media capitalists in the phone and cable companies and to divest them from control."
How very Hugo Chavez of him. Totally end the private Internet - then seize their assets and consign us all to government. It appears the President couldnt agree more. Just after the American people rebuked him and his in historic electoral fashion he issued an edict to the allegedly-independent Federal Communications Commission (FCC).
I believe the FCC should create a new set of rules protecting net neutrality and…reclassify consumer broadband service under Title II of the Telecommunications Act…."
Get that? The FCC cant create anything - it can only execute what Congress creates. Because it exists within the confines of the Executive Branch - a Constitutional nuance that President Obama seems to have never grasped.
Will Obamas gi-normous regulatory attack clear out the private sector? You bet.
A recent paper by Kevin Hassett and Robert Shapiro entitled The Impact of Title II Regulation of Internet Providers On Their Capital Investments projects that Title II reclassification could reduce total investments by cable companies traditional telephone operators and other wireline Internet providers…(by) 20.8 percent.
Using data provided by the Bureau of Economic Analysis (BEA) a team of economists estimated that a million dollars invested into wired broadband yields 14.74 jobs….Translating the $11.8 billion investment decline using the employment multiplier thus yields a total of 174233 fewer jobs created in 2019."
Will the President in fiat fashion have government rush to fill the government-created private sector void? You bet.
| (T)he ultimate goal is to get rid of the media capitalists in the phone and cable companies and to divest them from control." |
