White House Defends Net Neutrality Rules, Disses Defunding
Says bill prohibits FCC from promoting open Internet practices that prevent discrimination across content carried by ISPs
By John Eggerton -- Broadcasting & Cable, 7/13/2011 10:33:36 PM
In a statement of administration policy, the Office of Management and Budget said the administration strongly opposes some provisions in the bill, HR 2434, the Financial Services and General Government Appropriations Act of 2012, including a provision that would defund the FCC's network neutrality rules.
"Section 621 of the bill would prohibit the FCC from promoting open Internet practices that prevent unnecessary discrimination across content carried by Internet service providers," said the OMB. "The FCC has carefully crafted rules to promote competition while balancing the technical needs of Internet providers."
The bill was reported out of the House Appropriations Committee July 7.
They are saying the $5 debit card fee was forced on banks by Gov.regulation. So this means this is not a cost to the bank, but to the customer, because the charge has been passed on to us!
Banks have never had it so good. No cost whatsoever of doing business, because they pass everthing on to the customer. They use our money, but don't want to make us loans except through 19% interest rate credit cards when regular rates are like 3 to 4%.
Then when we get maxxed out from their high interest rates, late fees and overcharge gouging, they pull the carpet out. Then they go to Washington and cry to Governmrnt to get the Bankruptcy laws changed to suit their cause!
I say it's time we dumped high interest credit cards and user fee debit cards!
Garland C. Shewmaker - 10/15/2011 7:35:25 AM EDT
Too much government regulation of everything! Dodd-Frank Bill forcing banks to charge $5.00 per month for debit card use. Congress thinks they can just write more regulations on business and then are suprised when businesses pass the inherent loss in revenue on to consumers. Time for congress to stick with what's asked of them in The Constitution and forget about trying to control everything in the private sector with burdensome regulations that only end up driving up prices and taxes.
Robert Ridgway - 10/12/2011 12:45:21 PM EDT
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