Congressional Democrats Urge FCC Chair Powell To Actually Be a Regulator. Powell declines, prefers to deregulate, slack, take industry-funded junkets, and bide time until cushy telecomm job when Bush loses 2004 election. At least he concedes that maybe the Commish shoudn’t shut down its accounting safeguard division. I guess that makes up for how your phone bill’s going to skyrocket as WorldCom sinks deeper into bankruptcy.
Note to Powell from Telecomm CEOs:Thanks Pal! Want some kneepads?