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FCC creates a monster, gives it control of the Internet

This morning the Federal Communications Commission turned the open Internet into the Grimm's fairy tale of pyramid schemes. One in which nothing changes, nothing new is created, now those with more power on the 'net get to feed on those with less.

Below them are content providers just as Time Warner and Netflix, and SAAS, cloud-computing and other online services companies whose traffic amounts to something slightly richer and more useful than bandwidth-saving ASCII text.

The bottom of the pyramid are end users -- consumers

At the bottom of the pyramid are end users -- consumers and businesses who use the Internet in legitimate ways, who pay exorbitant fees to do so and whose interests the FCC was created to protect.

The FCC, which just finished reporting that the ISPs frequently offer expensively poor service and secret restrictions even without the legal right to do so, has agreed with carriers that the companies we pay to maintain the Internet can continue to impose restrictions that are capricious, unreasonably strict and inconsistently applied, with little or no consequence.

The FCC's new framework has nothing to do with research, or preserving the character or continued technological development of the Internet. It has nothing to do with law or fairness or the consistent application of rules for the better governance of a shared resource.

It puts the Internet providers in the position of Wall Street banks that made billions while the housing bubble by selling worthless securities to investors and offered irresistible, unpayable loans to people who couldn't afford them.

It is the codification in FCC policy that the Internet is not only not a shared space or utility meant to benefit everyone, however private property managed for the benefit and profit of the very few who own some of its pieces.

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More information: Pcworld