Special Reports & Tweets - 20150220_SpecialReport-4_Alex Aired: 2015-02-20 Duration: 03:07 === FCC's Vague Net Neutrality Rule (03:07) === [00:00:00] Thanks for watching! [00:00:09] We're talking! [00:00:12] So just what is Obama's proposed net neutrality plan? [00:00:16] Well, that's the problem. [00:00:17] Nobody quite knows for sure. [00:00:19] The FCC has made it clear that they will not release the 332-page plan to regulate the Internet until after the agency votes on it. [00:00:30] Other times we've heard this, we've got to pass it to find out what's in it. [00:00:33] It hasn't really fared well for the American consumer. [00:00:36] Now, one of the FCC commissioners, Ajit Pai, has gone rogue. [00:00:40] He's been publishing a few articles in recent weeks. [00:00:43] These are press releases that other FCC leadership has moved to block. [00:00:47] And he's basically warning citizens and lawmakers that this net neutrality is a bad deal. [00:00:53] Pai writes, The most problematic may be the new Internet Conduct Rule. [00:01:02] It's a vague rule that gives the FCC almost unfettered discretion to micromanage virtually every aspect of the Internet, including the choices that consumers have for accessing it. [00:01:14] This includes restricting service plan options, including unlimited online streaming, as well as low-price, prepaid voice plans, which are used by millions of low-income households. [00:01:26] When consumers have more choices, they can find lower prices. [00:01:31] But the FCC wants to do away with anything but one-size-fits-all plans. [00:01:36] Think of it like how all of your health insurance plans now include prenatal care, even if you're a 75-year-old retiree. [00:01:44] Allowing for new business models is critical to promote competition. [00:01:49] How can we expect entrepreneurs to stand out from their competition if they aren't able to compete with a standardized plan? [00:01:57] Clearly, the President's plan is only going to benefit the existing Internet giants. [00:02:02] But the issue is, the Internet isn't broke. [00:02:05] We don't need the president to fix it. [00:02:07] Pai says the Internet is an unparalleled success story. [00:02:11] It is a free, open and thriving platform for civic and political engagement, [00:02:16] economic growth, educational opportunity, entertainment and much more. [00:02:21] It has made the United States the epicenter of innovation. [00:02:25] Plus, current law already protects consumers and competition online, [00:02:29] and the president's plan would strip away those existing protections. [00:02:34] The Federal Trade Commission has the authority to quickly protect consumers and aggressively police market power and fraud in the Internet economy. [00:02:43] Regulating the Internet like a public utility would strip the FTC of these powers. [00:02:49] Why would we want to do that when the Internet has flourished under the current regulatory model? [00:02:54] Doesn't make sense. [00:02:56] 79% of Americans want to see the plan before the vote on February 26th. [00:03:01] Isn't it about time that Obama made good on his campaign promise to be the most transparent administration ever?