Quote of the day: “The government needs to trust that the market can spend the money correctly”
A remarkable quote from Ivan Seidenberg, CEO of Verizon, the last true believer in the magic of free markets. The last time we trusted market players to spend money correctly with few restrictions, the global financial system blew up. There is no political support for letting private enterprise go on its old merry way completely unfettered, free of regulations or responsibilities. That era is over.
Seidenberg says he agrees with the goals of US government’s broadband stimulus package but thinks too…




