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Regulators have largely been defanged in the US for decades now. Just read the article and note that this was discovered in 2018, the FCC decided to do somethi
by jasonwatkinspdx 2y ago
Regulators have largely been defanged in the US for decades now.
Just read the article and note that this was discovered in 2018, the FCC decided to do something in 2020, and from then until now it's been gridlocked by Republican party obstruction on the panel.
And this isn't nearly the end of it. It'll go to court under appeal, for more years, and who knows how that falls.
The result is regulators like the FCC and SEC barely enforce any standard of corporate behavior. A big part of it is they've been so gutted they don't have the resources to meet the necessary volume even in the absence partisan gridlock.
This is what happens when "Government bad, regulations bad" rhetoric comes home to roost. The violators pay a token fine and the average American gets screwed.
Maybe we should rethink that rhetoric just a bit?
- throwaway290232 2y ago[dead]
- throw10920 2y ago> Maybe we should rethink that rhetoric just a bit? Blatant emotional manipulation is not suitable for HN. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- deleted 2y ago[deleted]
- throw10920 2y agoGiven that you just replied with "This might be the funniest comment I've ever read here." and then deleted your comment, let me be more precise: The line > Maybe we should rethink that rhetoric just a bit? exists purely to manipulate others. There's no logic, no reason, no intellect - just base degradation of others through condescension and attempts at imputing shame. Comments like this are utterly inappropriate for HN, as a casual reading of the linked HN guidelines would show.
- jasonwatkinspdx 2y agoYeah, I found your comment unreasonable and made a snarky reply, but then decided that didn't really contribute anything so deleted it. I do not in any way agree my line above is somehow emotional manipulation. I think you're being overly defensive.
- throw10920 2y agoYour disagreement doesn't matter - the fact is that that part of the comment was written solely to manipulate people. Nobody ever says things like "Maybe we should rethink that rhetoric just a bit?" unless they're intending to shame and guilt others. There's no informational content or facts or logic or anything remotely valuable in that statement. Its sole purpose is to tweak people's emotions, nothing more.