Don't Ask Me!

Consumer Retorts: Rants and Raves on the Business of Self- and Home-Improvement

Saturday, October 22, 2005

tech boondoggles

So this is why tuition costs are again going to mushroom: Institutions of higher education are being forced by the FCC to upgrade online systems to comply with a vast extension of security law. Colleges and Universities say it "will cost them at least $7 billion while doing little to apprehend lawbreakers" (NY Times)- while several lawsuits against this enforced unfunded mandate argue that compliance with the Communications Assistance for Law Enforcement Act can be had for less. Looks like the high tech industry has only very short-sighted friends in the government. Go on, buy networking equipment stock now, but prepare to sell it next year. And sell short anything to do with human resources made in USA. Better yet, get options on a devastating lack of high-tech labor in North America.

0 Comments:

Post a Comment

<< Home