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Government Centrally Planned Investment - Useless before the ink even dries:

submitted by deleted to whatever 3.5 yearsNov 9, 2021 10:36:16 ago (+37/-2)     (whatever)

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32 comments block

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[ - ] deleted 6 points 3.5 yearsNov 9, 2021 11:51:15 ago (+6/-0)

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[ - ] localsal 2 points 3.5 yearsNov 9, 2021 12:01:58 ago (+2/-0)

It's hard to beat the $200billion slush fund the cablecos got in the 90s.
That's almost a trillion today...

[ - ] Teefinyomouf 1 point 3.5 yearsNov 9, 2021 12:08:47 ago (+1/-0)

It gave us the information superhighway though. It's like our actual highway system. Only difference is it's privately owned, costs $150/mo to use, hasn't been updated in 20 years, and everywhere you go is recorded. The big stuff is the same though.

[ - ] localsal 2 points 3.5 yearsNov 9, 2021 12:12:14 ago (+2/-0)

That money never touched the information superhighway

http://irregulators.org/bookofbrokenpromises/

[ - ] aleleopathic 0 points 3.5 yearsNov 9, 2021 16:02:15 ago (+0/-0)

It's hard to beat the $200billion slush fund the cablecos got in the 90s.

Do you happen to know exactly when that was? I suspect that money went straight to the Israeli company Converse Infosys as payment for their dragneting systems (which became legally mandatory on all web traffic by 1996 through CALEA passed in 1994), but hadn't been able to track a payment yet.

BTW, yes this is the same Comverse Infosys who was proven to be involved in 9/11 on declassified docs.

[ - ] localsal 1 point 3.5 yearsNov 9, 2021 17:32:11 ago (+1/-0)

The money wasn't to any one company.

A small clip from Cringely many years ago:
Al Gore's National Information Infrastructure program of the 1990s, which was intended to build for us all exactly the sort of data network enjoyed today by people in Japan and Korea. $200 billion in tax credits were distributed, primarily to telephone companies. That's $200 billion in government revenue foregone, which is just the same, it seems to me, as writing a check. And what did we get for it? Limited Internet service in schools and no Internet service in homes. The DSL we have today we paid for, believe me - phone companies sell that stuff at a profit. However well intentioned Al was, his system was gamed by the phone companies who took the money and ran.


The telcos were supposed to deploy fiber all across the US, to replace the copper. None of the credits were even tracked - so not a penny went to installing fiber.

Only when google started buying up dark fiber and installing their own (and offering free fiber plans) did the telcos get off their collective asses and start to upgrade.

[ - ] deleted 2 points 3.5 yearsNov 9, 2021 12:28:50 ago (+2/-0)

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[ - ] deleted 2 points 3.5 yearsNov 9, 2021 12:39:40 ago (+2/-0)

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[ - ] localsal 1 point 3.5 yearsNov 9, 2021 14:24:54 ago (+1/-0)

The biggest drawback to mass starlink adoption is the price. $499 for the equipment and $99/mo? I guess it competes with the $150/mo cable plans (which includes tv? does starlink do tv?) but for my $40/mo plan, starlink does not compete.

[ - ] Ragnar 0 points 3.5 yearsNov 9, 2021 21:32:26 ago (+0/-0)

What’s tv?

[ - ] Teefinyomouf 0 points 3.5 yearsNov 9, 2021 23:56:46 ago (+0/-0)

It completes with $50 5 mbps DSL. Rural people want 4k homoflix and too.

[ - ] mikenigger 0 points 3.5 yearsNov 9, 2021 13:44:59 ago (+0/-0)

not true

[ - ] deleted 0 points 3.5 yearsNov 9, 2021 16:46:26 ago (+0/-0)

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[ - ] mikenigger 0 points 3.5 yearsNov 9, 2021 17:37:50 ago (+0/-0)

50 Mbps with cloud cover and snow/ice on the dish https://www.youtube.com/watch?v=oQtnf9UQDmk

[ - ] deleted 0 points 3.5 yearsNov 9, 2021 19:24:31 ago (+0/-0)

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[ - ] mikenigger 1 point 3.5 yearsNov 9, 2021 20:18:49 ago (+1/-0)

I don't think that has been tried yet, but if you have reserve power Starlink will definitely work after the tornado, you can't say the same for cable internet or cellular.

[ - ] Flabbygasted 2 points 3.5 yearsNov 9, 2021 10:53:21 ago (+2/-0)

Ink from the bill or ink from the freshly printed cash? $65,000,000,000.00 has no meaning anymore.

[ - ] Rebooted 1 point 3.5 yearsNov 9, 2021 11:36:24 ago (+1/-0)

Sadly the true cost will come back in terms of inflation and taxes.

[ - ] Flabbygasted 1 point 3.5 yearsNov 9, 2021 11:46:53 ago (+1/-0)

For those invested in jew bucks. For us stocking up on precious metals will have their value realized. And I will not be taxed on my gold and silver.

[ - ] lord_nougat 0 points 3.5 yearsNov 9, 2021 12:20:35 ago (+0/-0)

Lol. Sure you won't.

[ - ] Flabbygasted 0 points 3.5 yearsNov 9, 2021 13:00:36 ago (+0/-0)

Guaranteed. I'll gladly die before that happens. Might be able to steal my shit, but can't tax a dead man.

[ - ] lord_nougat 1 point 3.5 yearsNov 9, 2021 13:13:07 ago (+1/-0)

Leftists can tax anything. And as a dead man, you'll vote leftist!

[ - ] Flabbygasted 1 point 3.5 yearsNov 9, 2021 14:18:18 ago (+1/-0)

I probably voted for dems a dozen times last election.

[ - ] La_Chalupacabra 0 points 3.5 yearsNov 9, 2021 16:35:45 ago (+0/-0)

I will not be taxed on my gold and silver

They're coming for that, too
https://archive.ph/9BpVS

[ - ] Flabbygasted 0 points 3.5 yearsNov 9, 2021 21:29:05 ago (+0/-0)

They may come all they like. I'll die before they get anything.

[ - ] uvulectomy 1 point 3.5 yearsNov 9, 2021 12:29:49 ago (+1/-0)

So another $65bn for the cable companies to pocket and absolutely nothing in return. Got it.

[ - ] Shitheel 0 points 3.5 yearsNov 10, 2021 07:16:31 ago (+0/-0)

Didn't they do this before? Gave the telecoms a shit load of money to do absolutely nothing?

[ - ] thebearfromstartrack4 0 points 3.5 yearsNov 9, 2021 15:04:03 ago (+0/-0)

Because HANDOUTS to the RICH always works WELL. You see the trickles? It should be trickling SOON! and THIS benefits the FEW people who LIVE in rural areas to GET AWAY from that sort of SHIT.

[ - ] PygmyGoat 0 points 3.5 yearsNov 9, 2021 14:29:33 ago (+0/-0)

Yep Elon Musk. The man that destroyed terrestrial-based astrophotography until his satellite network suffers orbital decay and turns into a meteor shower.

[ - ] ruck_feddit 0 points 3.5 yearsNov 9, 2021 13:30:48 ago (+0/-0)

Still waiting on that fiber that runs through my pasture to give me some sweet, sweet speeds.

[ - ] Unjaded 0 points 3.5 yearsNov 9, 2021 12:42:57 ago (+1/-1)

Yeah, Elon Musk is the biggest grifter of all, in the form of "renewable energy credits". Tesla has burned through almost 10 billion dollars in its history and only makes a profit off government handouts. Starlink as tech is crap, and most of what comes out of this guy's mouth is lies.