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| We Don't Need the Former - or the Latter |
The long-term, permanent solution is to reduce the size, scope and sphere of influence of government. The less government tries to micromanage things – the more it steps back and lets the private sector do its magical goodness – the better off we all are.
In the meantime, may we please at least stop the government busy-bodying that is so bad even the busybodies in question acknowledge its absurdity?
In what appeared to be an unprecedented move, Dish also secured all of its winning bids through entities that qualified for a 25% discount set aside by the Federal Communications Commission for small businesses. As a result, Dish and its partners will only owe about $10 billion, saving more than $3 billion….
Federal regulators plan to set aside a portion of choice spectrum for smaller wireless carriers at an auction of TV airwaves scheduled for next year….
According to people familiar with the matter, the Federal Communications Commission plans to reserve a portion of that spectrum to prevent the two largest wireless carriers (Verizon and AT&T) from purchasing it all.
But this isn't Reality - this is "GovernmentLand." In GovernmentLand, bureaucrats try to warp reality to meet their perverse worldview. It's unfair that successful entities are successful - government must rig the system against them.
Yet again, government isn't picking winners and losers - it's picking losers at the expense of winners.
Except Dish isn't a loser - and it certainly isn't small. It's currently worth $17.9 billion. Not exactly the Little Guy for whom government was trying to rig the game. And that's the point.
The road to Hell is paved with good government intentions. Its attempts at making things "fair" nearly always fail - miserably. Big companies can always find a way around whatever attempts at "fairness" government makes.
And no matter how many times bureaucrats fail at micromanaging - no matter how many times the private sector eats their lunch - each and every time they are surprised anew.
Shortly after the auction wrapped up, (Federal Communications Commission) FCC Chairman Tom Wheeler told the commission's staff to study SNR and Northstar's (the two Dish front companies) applications closely, and told the staff that he thought something didn't smell right, one of the people said.
How's that for economic and marketplace certainty?
Look, the government should pull the plug on Dish's purchases - as a way to unwind the inanity of its own making. We the Consumers are best served by the best winning - not those winning by best rigging the system.
And going forward, rather than government yet again breaking the private sector and then having to attempt to repair it - just leave it alone.
It is under those unfettered circumstances that things always go best.
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Seton Motley is the President of Less Government and he contributes to ARRA News Service. Please feel free to follow him him on Twitter / Facebook.
Tags: Seton Motley, Less Government, Government ties, micromanage the market, fails miserably, Dish Network, FCC, big governments, big companies, GovernmentLand, To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
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