This article first appeared at The McAlvany Intelligence Advisor on Thursday, February 26, 2015:
Ronald Reagan was right:
Government’s view of the economy could be summed up in a few short phrases: if it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Tom Wheeler, the current FCC Chairman, doesn’t think that’s funny. He thinks they are his marching orders. Encouraged by his boss, Wheeler is reaching for the biggest hammer in his toolbox to bludgeon the internet into submission and turn it into a utility. On Thursday Wheeler will