FCC boss and Sinclair BFF Ajit Pai says he wants to do away with keeping the internet open and fair. 

"Under my proposal, the federal government will stop micromanaging the Internet," Pai said in a statement Tuesday. "Instead, the FCC would simply require Internet service providers to be transparent about their practices."

That means if you subscribe to a service like Netflix and AT&T launches their own online streaming service, they can slow down your Netflix stream to make it unwatchable. Or, they can make Netflix pay big money so that they won't slow down your stream.  

Of course, that big money would be passed along to you in a bigger bill. 

People can argue that it is just business and companies like AT&T have every right to decide what you are able to watch on the internet and watch stuff gets slowed way down. 

THat would be fine and dandy if you had say 15 choices for your internet. But, most of you don't. For most of us, there is one internet provider in your neighborhood and if you want high speed access that's who you have to use. 

The new FCC proposed rules would do away with rules that prohibit internet providers from blocking or slowing down access to online content and services. It would also eliminate a rule barring providers from prioritizing their own content, or the content of third-party services it strikes deals with.

In other words, it is more than likely that yours and my internet bill are going to go way up and the service is going to go way down. 

"This proposal undoes nearly two decades of bipartisan agreement on baseline net neutrality principles that protect Americans' ability to access the entire internet," Michael Beckerman, president and CEO of the Internet Association, said in a statement.

Sen. Ron Wyden, a Democrat representing Oregon, called the proposal "the crowning achievement of the most anti-consumer FCC chair in history."

Hang on....

H/T CNN