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I think we could make a map of “private broadband failures” that funneled hundreds of millions of public dollars to private enterprises to bring broadband infra
by SOLAR_FIELDS 9y ago
I think we could make a map of “private broadband failures” that funneled hundreds of millions of public dollars to private enterprises to bring broadband infrastructure to millions of Americans and was never delivered.
- JBSay 9y agoAs opposed to what? Billion dollars of taxpayer bail out because government have no incentive and have no idea how to run a commercial enterprise efficiently. If a private company fails on its obligation you can sue. If public company fail not only can't you sure but you have to pay more taxes to bail it out. https://www.forbes.com/sites/patrickgleason/2014/09/30/municipal-broadband-a-bad-deal-for-taxpayers/#2911b734125f https://www.forbes.com/sites/patrickgleason/2014/09/30/munic...