Voted to repeal obama era Net Neutrality regulations correspondent david miller was at the vote today and has more for us. In a three two vote down party lines this morning the f. C. C. Voted in favor of the first importance of zero Net Neutrality regulations we can as you can see behind me there merican people have gathered to protest said decision the agencys republican majority approved a plan to scrap the rules preventing internet providers like comcast eighteen c. From blocking or slowing web traffic the f. C. C. Today voted three two along party lines to repeal the obama era Net Neutrality regulations handing a victory to total calm providers over the objections of Tech Companies including Netflix Reddit and etsy todays vote was delayed for a brief time by an apparent bomb threat but that did not stop the f. C. C. From moving forward to what some call the death of the internet as you can see behind me many flowers have been laid in from the f. C. C. Is building as if a memorial f
This is boom bust broadcasting around the world from washington d. C. And beyond coming up disneys purchase of twenty First Century fox could mean more than just antitrust and cable bundle headaches in fact it could mean big changes Global Sports programming well talk to the aftermath of about that plus can we expect a jump in gold prices next year peter schiff of europes effect capital and gold will tell us what we can see now lets get to todays top business and financial headlines. Point might be hovering around seven hundred thousand dollars there are still plenty of critics that say its way too risky to get involved in and you can now include one of bitcoin dot coms founders on that side of the spectrum and the oldenburg c. T. O. And cofounder of the site recently said in an interview with break it investment in bitcoin right now i would say is the most risky investment you can make it is an extremely high risk he added ive actually sold all my bitcoins recently and switched to bit
Significant given given that this is some of the best numbers we seen coming from the any peace index for some time and the idea that their optimism is picking up steam is consistent with that was the view that we need to get more Construction Activity going on into the Home Building market here in order for it to see some proven in terms of the state for borrowers basically well the current homeownership rate in the u. S. Its at sixty three point nine percent which is obviously below the two thousand and five peak of sixty nine point two percent so is this report reason to believe that we could actually see that rate jump up a little bit. I think its possible that we could see that i think in addition the with millennialists of have been holding back their their home buying activity ever since the financial crisis so i think. The optimism that were seeing from from Home Building as well as sort of the jump back into the market by someone else will bode well Going Forward for homeowner
Of the the opponents said about that the question. Well to them its a victory of sorts and any type of dent that you can put into this process is a plus so we actually have a quote from a lawyer from the sierra group and this is his name is i have a right here ken winston ken winston says the fact that theyre having to consider an alternate route and that their motion was denied continues to make it more complicated for trans canada and any time its more complicated thats a victory for so attorneys of land owners also opposing the pipeline are pretty much saying the exact same thing any problems that trans canada has any problems that this pipeline hands as well as a good thing for environmental as a people that are against the pipeline well thats histone pipeline issue and vision to a number of other factors is being blamed for a drop in the price of oil north of the border what can you tell us about that major drop were looking at a four year low when you really when youre doing sort