WHEEL OF FORTUNE! It slices, it dices- Tony Romo, back to pass . These are the sounds of America’s quintessential channel surfers, as they look for that perfect show to watch. But if Federal Communications Commission (FCC) Chairman Kevin Martin has his way, this activity would be under stricter government control and ultimately more expensive to […]
Tidbits
Congressman Kanjorski (D-Pa.) joins a mushrooming list of members of Congress whose earmarking habits are getting a lot of media attention. Over an eight-year period, Rep. Kanjorski steered $10 million in earmarked federal funding (from the Energy and Defense Departments, as well as the Economic Development Administration) to Cornerstone Technologies, LLC, which employed his four nephews and his daughter as either owners or board members. The ostensible purpose of the grants was to do research on using high-pressure jets of water to pulverize anthracite into microscopic particles for subsequent use in vehicle parts. Cornerstone has now declared bankruptcy, but while contracts were flowing, the company was paying hefty salaries to at least two of Kanjorski’s nephews. Not only was Cornerstone funded with federal contracts, one of its affiliates, Pennsylvania Micronics, run by other Kanjorski relatives, also benefited from subcontracts. A former head of Penn State’s Energy Institute is quoted in a June 3, 2007 Scranton Times-Tribune as saying “it was like the four stooges meet anthracite.” Which reminded us of that famous Stooges exchange between Curly and Moe in the classic film “Dizzy Pilots:” “Vice? I have no vice. I’m pure as the driven snow,” says Curly. “Yeah, but ya drifted!” says Moe…slap!
A Tale of Two Continents
America and Europe have two different visions of how to succeed in business. Europe does it without really trying, and America does it the old-fashioned way, by working hard and making higher quality and more desired products. This is particularly true in technology, which is one explanation for the European Commission’s (EC) ongoing crusade against Microsoft.
The Invasive Nature of “Net Neutrality”
The world has seen an incredible increase in computer and Internet capabilities over the last decade. This expansion has been spurred by the capitalist principles of competition. The dynamism of the Internet is now being threatened by politicians who want to regulate it. If implemented, regulation will stifle competition, raise consumer costs, and hinder high-speed Internet deployment and innovation.