AUSTRALIA'S BROADBAND BLUNDER -- BY HOLMAN W. JENKINS, JR., The Wall Street Journal

Government tries to seize the Internet's backbone.

As annoying as it may be that bankers defend their pay, that Goldman Sachs insists on every dollar owed it by now-taxpayer-backed AIG, that businesses everywhere lobby in their own interests—well, it could be worse. To adapt a quip, the only thing more disagreeable than being lobbied by capitalists is not being lobbied by them.

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