OT: Ignorance and Venture Money

Seriously, where do these guys find the suckers? I cannot believe that there’s that much dumb venture money out there, but that’s what I get for actually knowing something about this particular topic: Taking a Whack at Making a Car. Dave Cole sticks it to them, but the tagline of the article is everything noxious about these sorts of folks:

“We’re not two gearheads,” Mr. Levine said. “We’re not two mechanics in a garage with a dream. We’re two entrepreneurs who saw an opportunity and came up with a business model.”

Buzzword bingo, anyone?

Nicely Put

The smart way around telecom immunity

If the administration really cared about the telecoms, it would simply allow them to use these legal documents to defend themselves in court.

But it wont. Instead, the administration invokes a little-known rule of evidence called the state secrets privilege, which allows the executive branch to avoid revealing evidence—or even litigating cases—if it claims that doing so might reveal a “state secret.” Bush lawyers have used the state secrets privilege to convince a federal appeals court to dismiss an ACLU lawsuit against the National Security Agency asking a court to declare the spying program illegal. And in the cases that have been brought against the telecoms, the administration has invoked the same privilege to argue that courts cant let the cases go forward because the telecoms would be in the unfair position of not being able to defend themselves—because, of course, the administration wont let the companies turn over the relevant documents. Retroactive immunity isnt about letting the telecoms off the hook. Its about hiding the administrations own legal claims from any judicial or public scrutiny. The administration wants to keep these cases out of court so it can cover up for itself.

I’m Shocked, Shocked That Politicking Is Going On Here!

Who’d a thunk it? Head of Cable Lobby Condemns FCC Reportpdf

The head of the cable television industry’s lobbying group yesterday took aim at the chairman of the Federal Communications Commission, blasting his attempts to place new regulations on cable companies while accusing the agency of manipulating data.

Kyle McSlarrow, president and chief executive of the National Cable and Telecommunications Association, disputed a pending FCC report that suggests cable companies reach enough households to warrant additional oversight. He also said that FCC Chairman Kevin J. Martin is using the threat of regulation to pressure cable companies into offering channels on an a la carte basis, which would let subscribers pay for only the stations they want.

Cable operators have opposed a la carte pricing, a hot-button issue for Martin.

Testing the Committment to Net Neutrality

Comcast sued over Web interferencepdf

A San Francisco Bay area subscriber to Comcast Corp.’s high-speed Internet service has sued the company, alleging it engages in unfair business practices by interfering with subscribers’ file sharing.

Subscriber Jon Hart based his claims on the results of an investigation by the Associated Press published last month that showed Philadelphia-based Comcast actively interferes with attempts some high-speed Internet subscribers to share files online.