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- Should We Kick the FCC to the Curb?
(Credit: Getty Images/MarioGuti) Long a key arbiter of U.S. communications policy, the FCC is actually stuck in a bygone era, argues economist Dr. Mark Jamison. The American Enterprise Institute recently published his paper “Disbanding the Federal Communications Commission,” in which Jamison asserts that the agency’s independent commission model should be scrapped. Jamison is a nonresident senior fellow at the AEI and director of the Public Utility Research Center and the Digital Markets Initiative at the University of Florida. He served on the Trump presidential transition team in 2015–16. A regulatory dinosaur? Jamison argues that the FCC is a relic of a world that no longer exists, one built around monopoly phone service and tightly limited broadcast spectrum. Today, he says, “broadcasting” is just one of many ways to deliver content and it no longer justifies its own regulatory silo. Mark Jamison “Because consumers increasingly view broadcast programming through non-broadcast channels and regard it as one option among many, broadcasting no longer constitutes an industry in the traditional sense and deserves no special licensing other than a right to use radio spectrum,” wrote Jamison. The FCC was established in 1934 to oversee government-protected telephone monopolies and to manage scarcity in the number of broadcasters. Jamison said those conditions have long since evaporated. “Given its loss of purpose and its institutional weakness, it appears that communications policy in the U.S. would be better off without the FCC,” Jamison wrote. “There is no longer a need for the two core functions for which the FCC was created: common carrier regulation and broadcasting licensing.” When market boundaries are dynamic, he argued, it is impossible to establish common carrier regulations that apply only in situations where customers are unable to exercise options. “Shuttering the FCC would implement a deregulatory strategy for the communications sectors,” he said. “Common carrier regulations for telecommunications would cease, as would content oversight of broadcasters.” Jamison contends that, as the FCC’s core mission has faded, it has become easier to use it as a political tool without real economic cost. “During the Obama years, the agency undertook newsroom inquiries, redefined internet services to fit the common carrier mold and advanced initiatives shaped heavily by congressional partisans,” he wrote. “The Trump administration continued the trend, attempting to enlist the FCC into regulating social-media content. The Biden administration pursued sweeping rules to oversee broadband participants and even broadband supply-chain relationships. The recent Biden… [TheTopNews] Read More.13 mins ago - JUST IN: 3 US Service Members Killed in Operation Epic Fury, 5 Seriously Wounded
Paramilitary soldiers and police officers walk past a burning police’s armoured vehicle, which was set on fire by Shiite Muslims during a protest over the killing of Iranian Supreme Leader Ayatollah Ali Khamenei, in Karachi, Pakistan, Sunday, March 1, 2026. (AP Photo/Muhammad Farooq) Three U.S. service members were killed Operation Epic Fury, and another five were “seriously wounded” — U.S. Central Command reports. In a post to X early Sunday, CENTCOM confirmed the casualties. “As of 9:30 am ET, March 1, three U.S. service members have been killed in action and five are seriously wounded as part of Operation Epic Fury,” the post said. “Several others sustained minor shrapnel injuries and concussions — and are in the process of being returned to duty. Major combat operations continue and our response effort is ongoing.” CENTCOM added that they have yet to contact all of the families of those who were killed. “The situation is fluid, so out of respect for the families, we will withhold additional information, including the identities of our fallen warriors, until 24 hours after next of kin have been notified.” CENTCOM, in a separate post, said that a claim from Iran’s Islamic Revolutionary Guard Corps that they had struck the USS Abraham Lincoln with ballistic missiles was false. “LIE,” CENTCOM said. “The Lincoln was not hit. The missiles launched didn’t even come close.” ——The post JUST IN: 3 US Service Members Killed in Operation Epic Fury, 5 Seriously Wounded first appeared on Mediaite. [TheTopNews] Read More.1 hour ago - ‘We Need Answers!’ Congressman Calls Out Polymarket Bettor Who Scored More T...
People watch as smoke rises on the skyline after an explosion in Tehran, Iran, Saturday, Feb. 28, 2026.(AP Photo) A Democratic congressman flagged a Polymarket wager he found suspicious — as a gambler on the prediction market made more than $500,000 off of the U.S-Israel attack on Iran. In a post on X Saturday, Rep. Mike Levin (D-CA) posted a screenshot of the account activity from a Polymarket user called “Magamyman” — and suggested the wagers were not on the level. “It appears that a Polymarket account called ‘Magamyman’ made $515,000 in a single day betting on last night’s U.S. strike on Iran, with the first trade placed 71 minutes before the news broke publicly,” Levin wrote. “When this person bought in, the market had this at a 17% probability. They turned roughly $87,000 into over half a million dollars overnight.” The congressman went on to call out the business relationship between President Donald Trump’s son, Donald Trump Jr., and Polymarket. “Reminder that Donald Trump Jr. sits on Polymarket’s advisory board and his firm invested double-digit millions into the platform last year,” Levin wrote. “The DOJ and CFTC both had active investigations into Polymarket that were dropped after Trump took office.” Levin added, “Prediction markets cannot be a vehicle for profiting off advance knowledge of military action. We need answers, transparency, and oversight.” Polymarket, in a disclaimer posted to its site, defended taking wagers on prediction markets related to Iran. “The promise of prediction markets is to harness the wisdom of the crowd to create accurate, unbiased forecasts for the most important events to society,” the company said. “That ability is particularly invaluable in gut-wrenching times like today. After discussing with those directly affected by the attacks, who had dozens of questions, we realized that prediction markets could give them the answers they needed in ways TV news and X could not.” Bloomberg reported that, in all, $529 million changed hands in markets relating to the timing of a U.S. attack. ——The post ‘We Need Answers!’ Congressman Calls Out Polymarket Bettor Who Scored More Than $500K ‘Overnight’ On Iran Strike first appeared on Mediaite. [TheTopNews] Read More.2 hours ago - ‘Happy World War III to All Who Celebrate!’ Trump and Hegseth Pilloried Over...
President Donald Trump and Defense Secretary Pete Hegseth were skewered over the attack on Iran in a cutting Saturday Night Live sketch. “Good evening and happy World War III to all who celebrate!” Trump — played by James Austin Johnson — announced at the start of Saturday night’s episode. “It’s me, Donald Trump FIFA Peace Prize winner and Nobel Peace Prize taker!” The sketch jabbed at the president’s Board of Peace, saying, “I launched this attack after me and my Board of Peace decided that we were bored of peace.” From there, SNL poked fun at the premise from some critics that the attack might have been part of a Wag the Dog effort from Trump. “As we all know, Iran has been two weeks away from developing a nuclear weapon for, like, the last 15 years or something, so we had to act now. And we’re doing war. War! What is it good for? Distracting from the Epstein Files!” The president said. SNL even made a meta gag acknowledging the hastily-executed sketch. “People are asking, ‘Why attack Iran now?'” Trump said. “Well, we had to strike in the early hours of Saturday, which has two advantages militarily. One, it’s after the stock market closes for the weekend, and two, it’s to cause immeasurable fear, rage, and chaos in the SNL writers’ room. Those guys were going crazy! They probably had a big State of the Union address thing they were gonna do. Not anymore!” Then, Colin Jost was brought on to portray Pete Hegseth. “As you probably heard, Operation Epic Fury is underway,” Hegseth said in a manner befitting a WWE wrestler “And as you could tell from the veins in my neck, I’m pumped! Why’d we call it Epic Fury? Simple. Eight letters. Lines up perfectly for some bitchin’ knuckle tats!” The sketch closed out with Jost’s Hegseth saying, “Bottom line, all of you should be thanking us. We took out a horrendous, horrible leader who was oppressing his own people.” “But don’t get any ideas!” Trump added. Watch above, via NBC.The post ‘Happy World War III to All Who Celebrate!’ Trump and Hegseth Pilloried Over Iran Strike in SNL Cold Open first appeared on Mediaite. [TheTopNews] Read More.3 hours ago - Trump Warns Iran ‘THEY BETTER NOT’ Counter Attack Or ‘WE WILL HIT THEM WIT...President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Friday, Feb. 20, 2026, in Washington. (AP Photo/Alex Brandon) President Donald Trump warned the Iran regime against a strong counter attack in stark terms — following the U.S-Israel strikes early Saturday morning. In a terse post on Truth Social shortly after midnight ET on Sunday, the president vowed a heavy U.S. response to any counter attack from Iran. “Iran just stated that they are going to hit very hard today, harder than they have ever hit before,” Trump wrote. “THEY BETTER NOT DO THAT, HOWEVER, BECAUSE IF THEY DO, WE WILL HIT THEM WITH A FORCE THAT HAS NEVER BEEN SEEN BEFORE!” Trump was responding directly to a social media post from Ali Larijani, Secretary of Iran’s Supreme National Security Council. In a post to X late Saturday night U.S. time, Larijani threatened a large-scale response to the U.S.-Israel attack. “YESTERDAY IRAN FIRED MISSILES AT THE UNITED STATES AND ISRAEL, AND THEY DID HURT,” Larijani wrote. “TODAY WE WILL HIT THEM WITH A FORCE THAT THEY HAVE NEVER EXPERIENCED BEFORE.” YESTERDAY IRAN FIRED MISSILES AT THE UNITED STATES AND ISRAEL, AND THEY DID HURT. TODAY WE WILL HIT THEM WITH A FORCE THAT THEY HAVE NEVER EXPERIENCED BEFORE. — Ali Larijani | علی لاریجانی (@alilarijani_ir) March 1, 2026 In an earlier Truth Social message on Saturday, Trump said there would be further strikes in the coming days regardless. “The heavy and pinpoint bombing … will continue, uninterrupted throughout the week or, as long as necessary to achieve our objective of PEACE THROUGHOUT THE MIDDLE EAST AND, INDEED, THE WORLD!” ——The post Trump Warns Iran ‘THEY BETTER NOT’ Counter Attack Or ‘WE WILL HIT THEM WITH A FORCE THAT HAS NEVER BEEN SEEN!’ first appeared on Mediaite. [TheTopNews] Read More.4 hours ago
- ‘Stunning Achievement’: David Petraeus Praises US-Israeli Strike That Elimin...Former U.S. Army General and CIA Director David Petraeus praised the joint Israeli-American strike that killed Iranian Supreme Leader Ali Khamenei on Saturday, with Petraeus telling CNN it was a “stunning achievement.” The retired general told Jake Tapper he was equally as shocked by the incompetence of Iran’s theocratic regime as he was impressed by the flawless execution of the U.S. and Israeli forces during his interview. The Ayatollah and his henchmen clearly did not anticipate a strike in broad daylight, he believed. Petraeus said: [It] is just a reflection of stunning arrogance on the part of the Iranian leadership. I think they really thought they were in the clear for another period of daylight because we didn’t go in the normal time —almost all of our operations begin in the early hours of the morning. And in this case, they apparently came out and were even gathering and meeting, discussing various topics, and that’s how the Israeli precise intelligence enabled their superb military strikes — along with our military actions — to achieve this really extraordinary and truly historical achievement. That miscalculation led to Khamenei and more than 40 other senior Iranian regime leaders being eliminated on Saturday, Fox News correspondent Trey Yingst reported earlier in the evening. Petraeus told Tapper the next big question is “Who will follow” Khamenei as the nation’s leader? “The problem is that the people that usually prevail in situations like this are not the Democrats on a white horse here — you know, the George Washington figures,” he said a moment later. “These are the guys with the most guns and [who are] the most ruthless.” His appearance on CNN came shortly after President Donald Trump confirmed reports that the Ayatollah was killed earlier in the day. “Khamenei, one of the most evil people in History, is dead,” Trump declared on Truth Social. “This is not only Justice for the people of Iran, but for all Great Americans, and those people from many Countries throughout the World, that have been killed or mutilated by Khamenei and his gang of bloodthirsty THUGS,” Trump added. Khamenei’s death sparked a number of large rallies from coast-to-coast in the States, including one in Los Angeles that CNN captured. Not everyone was thrilled, though. United Nation Secretary-General António Guterres “condemned” the U.S. and Israel for the strikes on Iran during an emergency U.N. meeting in New York on Saturday. Watch above via… [TheTopNews] Read More.15 hours ago
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