Mid-day Update

PODCAST: Ordainment is just a click away

David Brancaccio Feb 5, 2015
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Mid-day Update

PODCAST: Ordainment is just a click away

David Brancaccio Feb 5, 2015
HTML EMBED:
COPY

The European Central Bank last night applied new financial restrictions on Greece, with analysts seeing this as a move to remind Greece who holds the purse-strings. At stake is Greece’s membership in the Euro-zone, and more widely, the stability of the global financial system. More on that. And anyone who uses the internet should pay attention to what at first blush may seem like a minor bureaucratic shift in Washington. The FCC chairman today will circulate a proposal to reclassify internet providers. Regulators regard them as “information services,” but FCC chairman Tom Wheeler wants to call them “telecommunications” companies. Those little words have weight in the debate over network neutrality. Plus, some will see the next story as a charming development. For others, it’s a new sign society is going to hades in a handbasket. People going online to get ordained so they can officiate at a wedding. 

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