Obama's Statement on Net Neutrality Vote

There are people on the left (who say Obama "caved") and the right (who says the new rules go too far), which I typically take as a good sign. The new rules don't apply to wireless providers, just the traditional cable and telecom companies. The new rules would prevent your cable company, for example, from blocking websites such as Hulu.

Statement by the President on Today’s FCC Vote on Net Neutrality

Today’s decision will help preserve the free and open nature of the Internet while encouraging innovation, protecting consumer choice, and defending free speech. Throughout this process, parties on all sides of this issue – from consumer groups to technology companies to broadband providers – came together to make their voices heard. This decision is an important component of our overall strategy to advance American innovation, economic growth, and job creation.

As a candidate for President, I pledged to preserve the freedom and openness that have allowed the Internet to become a transformative and powerful platform for speech and expression. That’s a pledge I’ll continue to keep as President. As technology and the market continue to evolve at a rapid pace, my Administration will remain vigilant and see to it that innovation is allowed to flourish, that consumers are protected from abuse, and that the democratic spirit of the Internet remains intact.

I congratulate the FCC, its Chairman, Julius Genachowski, and Congressman Henry Waxman for their work achieving this important goal today.

Genachowski:

Net neutrality explained: