For years, there have been accusations of Internet service providers deliberately slowing down or degrading the quality of data from streaming video services. Recently, a company that provides a good deal of bandwidth to Netflix accused Verizon of allowing traffic to streaming video traffic to get snarled in bottlenecks. Newly introduced legislation would outlaw the practice of throttling and degrading video content. [More]
just a bill
What’s the value of a $2 bill that’s been sprayed with gold leaf? Two dollars — maybe less, if merchants don’t want to accept the corrupted currency. But that hasn’t stopped vendors from selling these and other “collectible” bills and coins at prices way above face value.
The still nascent Consumer Financial Protection Bureau is already on its way to becoming the latest victim in Washington’s efforts to make sure American consumers have their voice taken away. Tomorrow, the House Subcommittee on Financial Institutions and Consumer Credit is scheduled to consider a number of bills that, if passed, would undermine the CFPB’s ability to protect consumers.