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Airlines, what have you. Theres two things that happen. Once a commission interests itself in a particular area, puts a sign out that says open for business, which is basically what we did when we did the open Internet Order, right . What happens . Firms realize, oh, i dont get to make money looking at customers and making investments, i make money by going to the regulators and getting them to favor me and disfavor others. The phrase economists use for this is rent seeking. And thats what it does, it opens up rent seeking. For 30 years we never had any complaints about interconnection. Since 2010 weve had a number of complaints. Why . Open for business. The second thing that happens, and this is, i think, the most dangerous part of it, is even though the commissioners may say, well, we want to limit how much we regulate, okay . That wont happen. They will be under constant pressure to expand the regulatory writ. And weve seen thi ....
Posted by the Progressive Policy Institute looking at the fccs open internet policy. Earlier in they, the fcc voted along party lines to move forward on a proposed rule that would allow content providers like netflix to pay for whats called fast lane service. This discussion in washington set to get underway in a couple of minutes. We will stay here live with one quick note from one programming note about the white house. President obama reportedly today will announce you seeking to keep 9800 troops can use troops in afghanistan after the war formally ends later this year and then will withdraw most of those forces by 2016. According to Senior Administration officials reported by the associated press. Well have the president s statement this afternoon at 2 45 p. M. Live on cspan. [inaudible conversations] [inaudible conversations] [inaudible conversations ....
In this nation of ours we always believed and we believe in the American Dream that if you work hard and play by the rules you out to be able to do well that we live in an america where few work hard and play by the rules you will have mounting debt and stagnating wages. This is not the land of opportunity. This is growing to be the land of economic stagnation and being stuck and we believe in our country and we love our country in the thing we love about it is you can come here and make something of yourself and we are living in the days that no matter how hard you work thats getting more difficult every day. Aint that something to start a conversation about . Thats a conversation starter. [applause] we have to talk to the people out there. We have to talk to each other and we need to do it in a systematic way. We have got to do it in a fervent way. We have got to do it in a smart way and im telling you the wind is at our backs. ....
Whilek uninhibited providing a fast lane of service for a fee. This is 1. 5 hours. Thank you very much. I would like to ask the and wie willcome up get you micd up. I am not going to give long and deductions. You have the full bio with you. I will briefly introduce the panelists was they have a chance to sit down. This thing out here for a second. Just do this for second. Some of you may be very familiar with this. We have asked our good friend from the Carnegie Mellon in university to give us a 10 or 15 minutes sort of technical background on all of these terms and how they fit in and what the architecture is. It is a daunting task to do. Turn it over to john. Thank you. It over to john. Thank you. Thank you. I will tell you everything you need to know. The internet feels like one big network, when we use it. But, if that were the case there would be no such thing as interconnection. The actually the internet is a network of net ....
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