Airlines, what have you. Theres two things that happen. Once a commission interests itself in a particular area, puts a sign out that says open for business, which is basically what we did when we did the open Internet Order, right . What happens . Firms realize, oh, i dont get to make money looking at customers and making investments, i make money by going to the regulators and getting them to favor me and disfavor others. The phrase economists use for this is rent seeking. And thats what it does, it opens up rent seeking. For 30 years we never had any complaints about interconnection. Since 2010 weve had a number of complaints. Why . Open for business. The second thing that happens, and this is, i think, the most dangerous part of it, is even though the commissioners may say, well, we want to limit how much we regulate, okay . That wont happen. They will be under constant pressure to expand the regulatory writ. And weve seen this happen now. Level iii, for example, in 2010 said lets
In this nation of ours we always believed and we believe in the American Dream that if you work hard and play by the rules you out to be able to do well that we live in an america where few work hard and play by the rules you will have mounting debt and stagnating wages. This is not the land of opportunity. This is growing to be the land of economic stagnation and being stuck and we believe in our country and we love our country in the thing we love about it is you can come here and make something of yourself and we are living in the days that no matter how hard you work thats getting more difficult every day. Aint that something to start a conversation about . Thats a conversation starter. [applause] we have to talk to the people out there. We have to talk to each other and we need to do it in a systematic way. We have got to do it in a fervent way. We have got to do it in a smart way and im telling you the wind is at our backs. You see the republicans the conservative side has a very
Whilek uninhibited providing a fast lane of service for a fee. This is 1. 5 hours. Thank you very much. I would like to ask the and wie willcome up get you micd up. I am not going to give long and deductions. You have the full bio with you. I will briefly introduce the panelists was they have a chance to sit down. This thing out here for a second. Just do this for second. Some of you may be very familiar with this. We have asked our good friend from the Carnegie Mellon in university to give us a 10 or 15 minutes sort of technical background on all of these terms and how they fit in and what the architecture is. It is a daunting task to do. Turn it over to john. Thank you. It over to john. Thank you. Thank you. I will tell you everything you need to know. The internet feels like one big network, when we use it. But, if that were the case there would be no such thing as interconnection. The actually the internet is a network of networks. There are in fact over 66,000 independent, Autonom
Ive asked all of you to join the table instead of two panels because we have a vote that is being called at around 220. So i want to take advantage of going ahead and getting all of your testimony. This hearing is the latest in a series of investigations the committee has conducted on the devastating impact that fraud and scams have on seniors citizens. Over the last two years, weve explored the rise of jamaican lottery scams, tax refund schemes and Social Security and medicare fraud. So today were going to examine a, what is now making a comeback in the scam world, and its called the grandparent or emergency scam. Its quite despicable. It preys on a Senior Citizens willingness to do anything to help a Family Member in trouble. For example, a scammer convinces the victim over the telephone that his or her grandchild, or another relative, is in jail, is in the hospital, or stuck in a foreign country, and needs money to get out of the predicament. Since the beginning of 2012, the federal
Beat of Life Entertainment Team meets Pashupati Paras, the Union Minister of the Indian Government aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.