In a recent debate on CNBC, my friend Gary Shapiro – head of the Consumer Electronics Association (CEA) – said the Obama Administration was “the most anti-business” of his lifetime. He went on to condemn the large number of proposed regulations and said of regulators, “They don’t care about business or the consequences of the rules they are proposing.”
I applaud Gary for speaking his mind, but feel a need to call his bluff. Because while he is vehemently condemning some 200-plus new regulations that would cost industry hundreds of millions of dollars if implemented, Gary and CEA are leading an effort to push the FCC to adopt new regulations that would impose substantial costs on cable and other video providers, and that would have the very government bureaucrats that he so disdains set technical standards on a marketplace that is exploding with innovation.