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Technology Stocks : George Gilder - Forbes ASAP
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From: Frank A. Coluccio6/23/2006 2:01:10 PM
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George makes a good point worth considering, below, concerning the potential entanglements that new legislation might bring about and what I consider to be a form of out-of-control bandwagoning and one-upmanship that has swept the land. From the new Gilder Technology Report Blog at: blog.gildertech.com

"We'll soon have to divert Net traffic through Seoul & Beijing to avoid lawyer spam

"Intellectuals and politicians mistakenly think of telecom as a perpetual problem: a natural monopoly, an anti-trust peril, a free speech filter, and a forensic circus. Their bright idea of the moment, “net neutrality,"is a concept at once so vague and demanding that its penumbra could be litigated in fifty states and up-and-down the federal court system until all our Internet traffic has to be diverted through Seoul and Beijing merely to avoid lawyer spam. By any name, as Larry Darby points out in an important recent paper, “net neutrality" means price controls on some of the most complex many-sided markets in all industry and thus is sure to do for the rollout of broadband what Sarbox has done for IPOs."

(See: theamericanconsumer.org
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NB: I've not read the American Consumer pdf above - nor do I have any intentions of doing so at this time, so I cannot comment on it.

Now, if only George can remember back to the time when he was looking at the copper cage from the outside.

FAC
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