Thursday, March 5, 2015

A Day Later, Proof of KW's Point

At a meeting last summer in New York, website operators—including David Karp , CEO of Yahoo’s social-media service Tumblr—pressed White House aides for heavy regulation.  Mr. Karp sat next to Mr. Obama at a fundraiser the next day and again pressed his case, according to the Journal account. Then in November, safely after the election, Mr. Obama publicly demanded that the FCC apply the old telephone rules to the Web. The FCC dutifully enacted the Obama plan on a partisan 3-2 vote.

http://www.wsj.com/articles/the-ceos-behind-the-obamanet-1425513713

Wednesday, March 4, 2015

Free Markets vs. Politics

There are two ways of allocating capital: through politics, or through markets. Our progressive friends generally prefer to use politics when there is a choice, because they distrust markets, thinking them disorderly, irrational, vulgar, and prone to being dominated by the top-hat-wearing and bemonocled Mr. Monopoly cartoons that haunt their nightmares. Using politics is, in their view, more democratic. Most of the evidence is contrary to that proposition. In politics, it is quite easy for a small number of powerful people — wealth is only one form of power — to get their way. In politics, one rich guy can make a difference. 

Read more at: http://www.nationalreview.com/article/414790/kings-road-kevin-d-williamson


My opposition to the “regulating the internet” thing explained in four sentences.