Repercussions of court ruling against F.C.C. and Net Neutrality

Discussion in 'Off Topic Forum' started by kamk2k8, Apr 7, 2010.

  1. kamk2k8
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    kamk2k8 New Member

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  2. Darkseider
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    Darkseider New Member

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    Sad day? Yeah maybe if your a socialist. It is their network and they can choose to do with it what they please. Government needs to stay out of private business. Look how well they did when they took over amtrak. For that matter look how great GM is doing! They just posted a 4.3 billion quarterly loss. Let companies run themselves and let consumers decide where to spend their money. That is what a free market economy and capitalism is based on
    Not g overnment oversight.
  3. kamk2k8
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    kamk2k8 New Member

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    Schools, fire department, fda we don't need any of that useless junk, right?

    Regardless, this is about so much more than money, it is about how our society will evolve and what kind of voice individuals or groups will have, freedom of expression, and actual influence / weight behind that expression
    Last edited: Apr 7, 2010
  4. Darkseider
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    Darkseider New Member

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    Schools, fire departments and all that junk are government entities and not privately held companies that are publicly traded on the stock market. The government doesn't solve problems it subsidizes them.
  5. kamk2k8
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    kamk2k8 New Member

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    What planet are you living on? GM and for that matter the rest of the companies that caused the collapse ran themselves into the ground on their own greed and lack of government regulation, which actually would have prevented the problem, not precipitated it. Sure I would love to have a perfectly free market economy as well, but in reality we don't live in a utopian fantasy, the sad truth is many people are immoral and selfish, especially so once they have money and power...

    Yeah it would be nice not to have a military and a police force and government, but it would be utter chaos if we had no rules, some people do not have much integrity unfortunately
  6. Darkseider
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    Darkseider New Member

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    Again good. They should have been allowed to FAIL and then go bankrupt which is actually a LEGAL business process. Instead good money was throw after bad trying to keep them afloat and they are still bleeding money. They should have been allowed to fail, go bankrupt, either restructure or be broken into pieces and sold off. In either case the company would have come out stronger.

    A quick little anecdote for the doubting Thomas in people.

    Robert Samuel McLaughlin worked in a partnership with his father making horse drawn carriages. The company was doing very well until the introduction of the first Ford motor car. His company began to lose money do to the introduction of the automobile and his interest peaked. He closed shop and began manufacturing the McLaughlin Buick. In 1915 he started McLaughlin Chevrolet and in 1918 sold to GM. So there you have it. A profitable company, went under, restructured and then became two of the flagship brands of GM.


  7. kamk2k8
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    kamk2k8 New Member

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    Dude have you ever taken a philosophy or logic class? That is the most ridiculous, unsound, and invalid syllogism I have ever heard. " if 1 guy has a company and goes bankrupt, and his bankruptcy then led him to start new companies, then every company that goes bankrupt will result in a win-win situation for everyone."
  8. Darkseider
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    Darkseider New Member

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    I don't need to take classes for common sense. The free market system and capitalism has been working for a LONG time. It has only been recently, within the past 20 years or so, that it is failing. Coincidentally that is when the government started bailing out savings and loans, banks, car companies, airlines, etc... It's amazing how quickly we turn to someone for a handout instead of working, failing, redoing, failing, working some more and succeeding. You know something else? Success only comes before Work in the dictionary. Go figure?
  9. Darkseider
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    Darkseider New Member

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    Not to try and stereotype. You sound like a mid 20's recently out of college individual. Am I close?
  10. Kack
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    Kack New Member

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    Location:
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    This is like a messed up rom. Boot Loops all the way!
  11. kamk2k8
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    kamk2k8 New Member

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    Dark, you're joking, right?
  12. Darkseider
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    Darkseider New Member

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    nope not joking at all
  13. texasPI
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    What's sad about it? The FCC overstepped its bounds and the court slapped their hand. What is sad is that we (as a nation) are so ready to cede certain liberties for short term gains.

    The FCC did not and does not have the legal authority it claimed.

    I ask you "dude" have you ever taken a government or constitutional law class? It's called the Consitution...read it.
  14. Darkseider
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    Darkseider New Member

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    Separation of church and state aside for a moment... AMEN

    I suggest not only taking a constitutional law class but also read Common Sense by Thomas Paine, The Articles of Confederation and The Constitution of The United States of America. These are very informative. Quick question for Kamk2k8.

    Is the government of the United States a Democracy?
  15. FunN4Lo
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    FunN4Lo Member

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    Go Dark. My interest wained in the article when the example given was Wal-Mart's buying power defaming it in the process. I bet the author saves as much money as I do by shopping at Wal-Mart. Somehow SUCESSFULL capitalism (Wal-Mart) is bad and government running a FAILING now socialist business (GM) is good? Our founding fathers are turning over in their graves.
  16. texasPI
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    texasPI New Member

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    Wrong again. Fannie Mae and Freddie Mac were under government oversight so why did they collapse? The only one proposing a Utopian fantasy here is you. If government regulated things then nothing would ever go wrong. That is utopian thinking on your part.

    What would be nice about not having the military and/or government? Since these are created by the COnstitution are you saying that we would be better off without a Constitution?

    The FCC needs to go back to what its most (in)effective at, watching the airwaves for wardrobe mishaps during the superbowl.
  17. Darkseider
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    Darkseider New Member

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    Let's not forget that not only were they under government oversight but also were allowed and ENCOURAGED by the same government to start lending to high risk consumers. There were regulations in place to prevent this but the government changed those regulations. See how well that turned out huh? Let's not forget about some of the other greatest hits the government is responsible for:

    Welfare, Social Security, AmTrak, US Postal Service AND The Federal Reserve Bank! YES! They are just batting a thousand aren't they?

    Also take note that the ONLY auto company that did NOT take government money, FORD, is posting profits. Whoulda thunk it?
  18. pyro6128
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    pyro6128 New Member

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    Companies should be allowed to fail. The market will always correct itself. Anyone who has taken an economics or introductory business class should know this. Companies fail, other companies come up and take their place. Companies fail, restructure, and come back stronger. It is not the governments place to get involved in private business. The governments job is to provide security and certain public good. The government should not be interfering in a free market., when it does that when you get problems. Obama essentially firing the CEO of gm was a gross overstep in authority. Although its a little more understandable since the government gave them money, however they shouldn't have done that to begin with.
  19. Darkseider
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    Darkseider New Member

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    You sir deserve a beer as does TexasPI and FunN4Lo. It is good to know that there are still some Americans left. :icon_ banana:
  20. moot
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    moot New Member

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    Darkseider is a troll. People should stop feeding it.

    @pyro, People who have taken intro econ should also be familiar with the works of stiglitz, or even some of krugman's more current work. The reality of the free market correcting itself is not so black and white. Long term it may certainly be the case, but the short term repercussions of letting "too big to fail" companies fail is not palatable to most Americans.
    Last edited: Apr 7, 2010
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