Michael Powell

Martin and Lewis at the FCC

The Federal Communications Commission’s February 20 ruling on telecom competition policy is truly beyond satire. Writing into the night like a high school student cobbling together a term paper just before semester’s end, cutting and pasting a 400-page monstrosity, forming a majority by clandestine negotiations behind the chairman’s back, is crazy enough. But then add the two Democratic commissioners, gifts Read More ›

End ‘World Wide Wait’ and Reboot the Economy

The latest numbers show U.S. economic growth at 1.7 percent in 2001, about the same as during former President Clinton’s first three years in office and half the rate during the tech boom of the late 1990s. That sure beats recession, but today’s pace is well under the growth rate needed to fully fund Social Security, Medicare and other obligations Read More ›

Unleash Broadband

WorldCom’s impending $40 billion bankruptcy should galvanize Washington to this simple fact: For the last two years we have suffered not a mild recession but a technology depression. With 34 major bankruptcies so far and 24 more expected, the collapsing communications industry — 17% of the economy — is the prime source of a $4 trillion dollar decline in the Read More ›