The head of the FCC has warned that more government regulation of the economy may be on its way.
ASPEN, Colo. - Federal Communications Commission Chairman Michael Powell said Monday the threat of terrorism and the “despicable activity” of some companies has led to a shift toward more regulation that could harm innovation and the economy.“I do see a mood swing in Washington. I see a mood swing in the country,” Powell said at the Aspen Summit, a technology and telecommunications summit held by the Progress and Freedom Foundation, a Washington think tank.
Powell said he worries about the rising belief that regulations do a better job than free markets because “the telecommunications sector and the high-tech sector are at a point in history where they can ill afford to be lined up with that kind of thinking.”
This is horrible. The further regulation of the economy will force individuals to not be able to trust the conclusions of their own mind, thus not be able to take whatever actions they deem necessary for the benefit of their own lives, thus destroy progress, technological innovation, and economic prosperity.
Our country is on the road to dictatorship, but it is coming not by an overwhelming army or a solid ideological force but rather by the default of those who compromise, piece by piece, the freedom on which this country was founded. This is just another piece on that road to dictatorship.
yer damn straight it is.
Comment by 8/18/2003 @ 9:19 pm