Here's a NY Times article on the Federal Communications Commission's latest rules on telecom competition. Let me bottom-line it for you.
Winners: AT&T, MCI, Sprint, Quest, Verizon, SBC, BellSouth, Covad.
Losers: us.
Once again, a federal agency has fallen for the siren song of the established corporate giant: the artificial scarcity of monopoly is the only condition under which we can profitably "invest" in new products.
With capitalists like this, who needs communists?
