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She told me, "The bill has certainly stirred up a lot of passion, which was to be expected since this is the first attempt to regulate an industry that has had very few regulations to deal with".
"It gives the commission a blank check to regulate an industry that Congress had largely deregulated". Fearing new regulation, the cable industry has lobbied the commission for years to challenge the method used to count the market.
Why would the administration refuse to regulate an industry that actually wants to be regulated?
There's all these different state governments are trying to regulate an industry, which is really national or international in scope.
The SEC's attitude toward innovation is important because we regulate an industry that is a key gatekeeper for progress and productivity in the rest of the economy.
"The absence of policy certainty for industry and conservation must be resolved before any more effort is directed to working out how to better regulate an industry that is already on a pathway to inevitable change," he said.
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The theory is simple: When the government regulates an industry, that industry can benefit enormously if regulators do not do their job.
It was fascinating talking to Washingtonians about what they've got right and wrong in regulating an industry from scratch.
More senior aides, like Karl Rove, Mr. Bush's chief political strategist, were wary of overly regulating an industry that, Mr. Rove said in an interview, provided "a valuable service to people who could not otherwise get credit".
Though I have nothing against regulating an industry bent on convincing me to spend my money on stuff I never knew I needed, I'm not sure I should worry much about these new, not-so-stealthy techniques.
It's the combination of holding a statewide office and regulating an industry that combines a lot of wealth with an abiding business interest in legislative and regulatory policy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com