Monday 6 December 2010

coal in your stocking

There seems to be quite a bit of trafficking in back-handed compliments lately. The US Federal Communications Commission is floating a bill ostensibly promoting net-neutrality but is really a wolf in sheep's clothing, since its language gives the bureaucracy a substantial foothold in pushing regulations and standards. Aside from making muffling dissenters and broadcasters less bothersome for government censors, facilitating internet taxation, and requiring a license to tweet mirroring the government's own information assurance and non-refutability model, setting policy, like the creeping scourge of US monetary policy, extra-territorially. The internet is borderless and lawless but leverage can still be exercised, and such indirect and diverted influence is the only really the only arsenal that the crippled dollar can afford. The untold billions that America has underwritten through the International Monetary Fund, despite the yielding value of the currency and threats of inflation, to bolster the European Union is more shaky scaffolding, increasing dependence on the continued shared economical delusion. If the IMF conducted itself more becomingly in First World nations, as opposed to opportunistic and predatory ventures, why should Ireland have put up so much resistance to easy credit? Maybe there are not nascent military dictatorships to prop-up in Dublin or desalinization plants to push, but there are certainly chances to pout over failures to act in alignment with free-market traders, cooperation over environmental protection, policy cheerleading and centralized blacklisting, or the world-internet police. Let us hope that some key players have a visit from the Ghost of Christmas Future this year.