Get prepared for less innovation and a slower Internet with added costs. Oh, and technological innovation? That'll slow down too.All thanks to the government now getting their mitts on the Internet through the so-called "net neutrality" bill.
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Obamacare didn't bring down healthcare costs and expand coverage; Dodd-Frank and Sarbanes-Oxley didn't make the financial system safer. And there is no scientific evidence whatsoever that the proposed Cap and Trade legislation would've lowered the earth's temperature.
Get wise America.
Some of the biggest pieces of legislation past in the last couple of decades don't even pretend to do what's advertised.
The Department of Homeland Security seems to be a bigger threat to citizens than it is to ISIS.
I don't fell safer because of DHS, and getting past my feelings, I'm not safer in actual fact either.
The Department of Education has made our country dumber, not smarter. Fracking accomplished in a few years what the Department of Energy couldn't do in four decades.
There is a great big, sick, inside joke going on in Washington, DC and you and I aren't let in on the fun. Part of the joke is that we are supposed to take seriously guys like Mitt Romney and Jeb Bush, who are really just Bill Clinton Democrats with the same recycled reforms as the Left, slightly modified for the GOP.
The country has fundamentally changed. There is more diversity of opinion today, there are more communities of interest today. Information is shared with a rapidity that was never dreamed of even twenty years ago.
Information has been democratized.
That's because of the Internet.
It's been good for our country, good for the world, it's been one of the most egalitarian of inventions. It has raised us all up, and fostered remarkable changes in political systems.
But our politicians certainly have not changed at all. Here at home they have not caught up with the rest of us. They think this is the same country that Walter Cronkite dominated when he opposed the Vietnam War. Or least that's what they'd like it to be.
And that is what "net neutrality" really is about: protecting the politicians from the liberty of the masses.
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Catch more of the best money advice and monetary commentary by me daily 10am PT, 1pm ET at WealthEd.com
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