We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign…
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Barclays Capital Study Echoes CFIF on the Danger of Raising Taxes on "The Rich"

We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign targeting "the rich" will inflict further harm on our economy.  Not only would such tax increases hit small businesses (which create most new jobs in America) particularly hard, it would also penalize the income segment that accounts for 1/3 of consumer spending, which itself accounts for 2/3 of the nation's economy. Confiscating even more of those dollars may sound fine on a teleprompter, but it will bring destructive consequences in the real world.

Now, a new study by Barclays Capital highlights another potential harm.  According to their analysis, Obama's plan will cause a 9% drop in the S&P 500 and a 900-point drop in the Dow Jones Industrial Average.  As noted in this morning…[more]

July 30, 2010 • 01:12 pm

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“Net Neutrality”: Regulating and Politicizing the Internet Print E-mail
By CFIF Staff
Monday, January 01 2007

What are the unintended consequences of Net Neutrality?

  • Net Neutrality would stifle much-needed private investment, at a time when policymakers should promote policies that encourage further investment and job creation. Broadband providers are investing billions of dollars in critical communications infrastructure to deploy advanced networks at a rapid pace, but so-called “Net Neutrality” legislation would diminish incentives to invest. In addition to stifling investment incentives, Net Neutrality could hinder public safety and homeland security, degrade the quality of consumers’ online experience, limit competition, and kill network innovation.

Is Net Neutrality a free speech protection?

  • No. Net Neutrality is essentially the “Fairness Doctrine” for the Internet. Advocates on the Left mischaracterize the debate for political gain, but Net neutrality legislation is about mandating common carrier, nondiscrimination regulations for Internet service providers, not about protecting free speech. Net Neutrality is a key pillar in the information commons, anti-property rights and wealth redistribution agenda of the far Left. Supporters of Net Neutrality believe that all Internet infrastructure and online content should constitute public property – owned, operated and run by government bureaucrats.

What are some examples of real life consequences of Net Neutrality?

  • Everyone who has a broadband connection will experience more congestion and increased service interruptions if providers are restricted in managing traffic on their networks. Consumers will also pay higher prices to get online (a de facto tax), notice a decline in service options, and have far fewer choices online. Net Neutrality will prohibit consumer-oriented services, such as video on demand, and stifle innovations in services that we cannot even envision today.
  • Net Neutrality will also slow down and prohibit several critical health information technology applications. For example, Net Neutrality would require that data sent over the Internet to a doctor in a large city using an advanced telemedicine application to remotely monitor a patient with a heart condition in a rural town be treated the same as all other traffic online. Simply put, Net Neutrality regulations would strip networks of the ability to prioritize lifesaving medical information as it travels over the Internet, meaning your EKG results may get slowed down and degraded because the kid next door is downloading movies or a bad actor is flooding the network with SPAM.

 


to view the pdf click here.

Question of the Week   
In 1967, Teamsters Union President Jimmy Hoffa was jailed on a 13-year sentence for jury tampering, fraud and conspiracy. Which one of the following Presidents commuted his sentence?
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Quote of the Day   
 
"House Speaker Nancy Pelosi is the world’s worst cleaning lady. How has she fulfilled her vaunted promise to 'drain the swamp' and preside over the 'most ethical Congress in history'? By shrugging her shoulders, downplaying the gravity of myriad ethics charges against corruptocrat Democrat Rep. Charlie Rangel and waiting for the 'political chips' to 'fall where they may.'  Imagine a custodial…[more]
 
 
—Michelle Malkin, Syndicated Columnist
— Michelle Malkin, Syndicated Columnist
 
Liberty Poll   

Following President Obama's appearance on "The View," which television show should he appear on next?