Predictable The telecommunication barons win again with yet another welfare check. Now come on, I understand that there are places without broadband, and this is an issue that should of been solved. Yet, there is always something.
It seems awfully familiar that bullies get more money for nothing. :/
said by Suntop:If the public is paying for it then the public should own it at least at the wholesale level.
The telecommunication barons win again with yet another welfare check.
reply to Suntop
it's only ~$72 million. not even a drop in the bucket.
reply to Sammer
Simple, that is not allowable. This would give a voice that matters to their way of business. This however is only the tip. I'd be wary.
reply to ArrayList
What? There is a bucket of money somewhere? Yeah, I learned that being greedy and selfish bullies is not cool. Someday, this will stop when there is a shift. All this money and we have bad education and healthcare. I pray that we do not have a repeat of history, this looks awfully familiar. I am saddened to of heard that we are 17th in science and 25th in math no wonder this happens.
We are #1 in defense spending though. THINK POSITIVE!
I don't this we are anymore.
said by HeyJude:We spend as much on defense as the rest of the world combined.
I don't this we are anymore.
Even the British Empire did not do that at the height of its power. They were content to spend as much as the second and third place countries, combined.
In our case, Russia + China = 30% of our defense budget.
Or perhaps you think that's unfair, because Russian and Chinese soldiers get paid less than ours. So use purchasing-power parity. At PPP, Russia + China = 50% of our defense budget.
Half of our annual defense budget is $350 billion. At $775 to serve each home with DSL, that works out to 452 million homes -- and there are only 114 million households in the US. In other words, three months of the overspending on the defense budget would be enough to wire up the whole country. (Of course, you'd allocate the budget over multiple years, because the suppliers couldn't make the equipment fast enough.)
And that $775 is to bring DSL to underserved rural areas, which by definition are expensive to serve. You could probably supply fiber to the suburbs/exurbs for the same amount -- especially with the volume discounts that you get for such a large buildout. China Telecom and China Unicom are getting astonishing prices due to the scale of their buildout -- 100 million people with at least FTTN by the end of the 12th Five-Year Plan (2011-2015).
With the remaining budget, you could also build high-speed rail, improve the power grid, resurface our highways, fix our bridges, etc. Remember -- $350 billion of money freed up every single year, to be spent on projects in our own country instead of blowing stuff up in other countries. And we would still be as powerful, relative to our competitors, as the greatest empire the world has ever seen.
Of course, this would never happen. Still, it's tantalizing to dream.