The Isolated Blurt Thread XXXVI: Go post in the Lounge!

Status
Not open for further replies.


FCC Chairman Goes After His Predecessor's Internet Privacy Rules

http://www.npr.org/sections/thetwo-...after-his-predecessors-internet-privacy-rules


...A group of telecom associations and companies, including Comcast, Verizon, AT&T and T-Mobile, has filed a petition asking the FCC to halt broader privacy rules, which were passed in part on the basis of the broader authority the agency claimed over the industry through its landmark "net neutrality" overhaul.

As we've reported before, telecom and cable companies argue that the new FCC privacy rules put them on an unequal footing with other Internet companies that collect data on users, like Google and Netflix, which are only overseen by the Federal Trade Commission.

The FTC's privacy guidelines are less stringent than the ones passed by the FCC and they are implemented through investigations and enforcement, rather than pre-emptive regulations...


 



PSA


OMAHA, NE— Berkshire Hathaway Inc.’s 2016 Annual Report to the shareholders will be posted on the Internet on Saturday, February 25, 2017, at approximately 8:00 a.m. eastern time...


 



Letter To Shareholders of Berkshire Hathaway Corporation
-Warren E. Buffett




...One word sums up our country’s achievements: miraculous. From a standing start 240 years ago – a span of time less than triple my days on earth – Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.


You need not be an economist to understand how well our system has worked. Just look around you. See the 75 million owner-occupied homes, the bountiful farmland, the 260 million vehicles, the hyper-productive factories, the great medical centers, the talent-filled universities, you name it – they all represent a net gain for Americans from the barren lands, primitive structures and meager output of 1776. Starting from scratch, America has amassed wealth totaling $90 trillion.


It’s true, of course, that American owners of homes, autos and other assets have often borrowed heavily to finance their purchases. If an owner defaults, however, his or her asset does not disappear or lose its usefulness. Rather, ownership customarily passes to an American lending institution that then disposes of it to an American buyer. Our nation’s wealth remains intact. As Gertrude Stein put it, “Money is always there, but the pockets change.”


Above all, it’s our market system – an economic traffic cop ably directing capital, brains and labor – that has created America’s abundance...



 
That's a great letter...good to see someone craft a message that is Bullish on America for a change.
 
Don't hang a lip!

Canada made a very kickass arm thingy for the space shuttle. America will never forget your contribution.

Never.
 
Status
Not open for further replies.
Back
Top