Congressman Eric Massa (D-NY) is sponsoring a bill that is being discussed in the press as providing the Federal Trade Commission with "veto" rights on ISP bandwidth caps. I theory, this sounds great... but as is so often the case, reality is a bit more complex.   The bill doesn't just restrict bandwidth caps-- it basically puts ISPs at the same level of regulation as public utilities and telephone companies. To some degree, this is warranted-- Internet connectivity has become an essential serv... [Read More]

A profoundly unpopular Republican President, widely viewed as a massive failure by the populace is succeeded by a charismatic Democrat just as the country peers down the precipice of a deep and prolonged recession, following a historic crash in the stock markets. Unemployment is soaring, and deflationary forces rear their ugly head. The new President promises to put Americans back to work with sweeping public works projects, and leverages new technology to reach out to the citizenry weekly with his messa... [Read More]