Quote:
Originally Posted by kgun
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"We are doing this on a cost recovery basis. We've already spent $10m on this," he said.
Makes me wonder why they had to vote on it if they had already spent $10m on it.
Who on earth spends $10m on something they are not sure they will approve...?
They've obviously known what will happen for quite some time now.
It is most probably a money making move to increase the overall value of ICANN given that ICANN will probably be completely Privatized at the conclusion of its current Memorandum of Understanding (MOU) with the U.S. Department of Commerce (DOC) in 2009.
ICANN was intended to be a test of whether administration of the DNS could be undertaken by a non-profit private sector organization that was fully respectful of private enterprise and property rights and the entrepreneurial spirit that has built the Internet and the dynamic new commercial entities it supports and enables. As noted above, the ICANN Board has voted to further explore the concept of converting ICANN from a non-profit corporation to a Private International Organization.
It is the beginning of a major corporate takeover of the internet.
These guys in this video think they have it figured out...
YouTube - I POWER: Net Neutrality Pt.3
Very thought provoking.