So Obama is pushing federal regulations that would profit companies that generously funded his campaign, but when Obama's chums at the Center for American Progress wrote about it, they described McCain as a "long-time friend of" the networks while omitting Obama's coziness to Google and crew.
This one-sidedness is typical in regulatory battles: Businesses that lobby for and profit from big government are given a free pass, while those who oppose regulations as damaging to profit are assailed for their corrupting influence.
There's money on both sides. The only question is whether the flow of money will be determined by the market or by Obama's bureaucrats.
Wednesday, October 28, 2009
How Google, Amazon profit from net neutrality
My column today weighs into the push for net neutrality regulations: