- The Big Picture - http://www.ritholtz.com/blog -
F.C.C. Media Rule Blocked in House in a 400-to-21 Vote
Posted By Barry Ritholtz On July 24, 2003 @ 6:55 am In Media | Comments Disabled
Its enough to restore your faith in Democracy . . .
F.C.C. Media Rule Blocked in House in a 400-to-21 Vote 
The lopsided vote suggests that even the threatened Presidential veto could be easily overridden.
See also the Washington Post (House Votes to Reverse Media Ownership Rules ) and the Wall Street Journal (In Blow to FCC, House Votes To Limit Media Deregulation ).
This now sets the stage for Michael Powell’s not-so-graceful exit; He’s gone by the end of the year. Consider what players may be plucked from the ravaged media moonscape as a replacement — or does the White House go with moderate Republican and FCC member Kevin J. Martin  as Chair?
Martin, you may recall, voted with the 2 Dems  to provide the Baby Bells with substantial “unbundling” relief for lines utilizing fiber facilities, including no unbundling requirements for fiber-to-the-home loops or hybrid loops that utilize both fiber and cooper (The FCC also eliminated “line sharing” from unbundling requirements).
Martin is devloping a reputation for being a maverick; He voted against Chairman Powell on this issue. W is more of a team oriented manager, and Martin’s independence is not likely to be rewarded with a promotion.
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2003/07/fcc-media-rule-blocked-in-house-in-a-400-to-21-vote/
URLs in this post:
 F.C.C. Media Rule Blocked in House in a 400-to-21 Vote: http://www.nytimes.com/2003/07/24/business/media/24FCC.html?hp
 William Safire : http://www.nytimes.com/2003/07/24/opinion/24SAFI.html
 Dan Gillmor: http://weblog.siliconvalley.com/column/dangillmor/archives/001220.shtml#001220
 House Votes to Reverse Media Ownership Rules: http://www.washingtonpost.com/wp-dyn/articles/A35717-2003Jul23.html
 In Blow to FCC, House Votes To Limit Media Deregulation: http://online.wsj.com/article_print/0,,SB105898005715206400,00.html
 Kevin J. Martin: http://www.fcc.gov/commissioners/martin/welcome.html
 voted with the 2 Dems: http://www.atnewyork.com/news/article.php/1588441
Copyright © 2008 The Big Picture. All rights reserved.