U.S. appeals court strikes down net neutrality.

[Normchacho]

badgenome said:

Normchacho said:

If you need evidence I simply suggest you look up what happened the last time the banks collapsed.

Do you mean when the government induced banks to make bad loans because it was racist not to lend money to poor people who could never pay it back, but after the housing bubble burst they decided that it was predatory lending to have lent money to people who could never pay it back and that the banks had acted irresponsibly but we had to bail them out anyway because they were too big to fail, and now they're even bigger than before? I do remember that, and that's why I want the government to fuck off from the internet.

Yyyyyeeeeaaaaahhhhh....That was part of the problem for sure, but only a small part of the issue. I suggest reading up on credit default swaps. I also recommend reading "Fault Lines" by Raghuram Rajan (who said that we were heading for a crash back in 2005 by the way) and Kimberly Amadeo has a pretty good article about the crash on about.com.

I stand by what I said about ISPs and an open internet.