[11666] in Commercialization & Privatization of the Internet
Re: Clinton Adminsitration Corporate Network Socialism?
daemon@ATHENA.MIT.EDU (Thomas A. Kalil)
Wed Apr 13 04:39:46 1994
Date: Tue, 12 Apr 1994 21:00:27 -0400
To: cook@path.net (Gordon Cook), com-priv@psi.com
From: tkalil@arpa.mil (Thomas A. Kalil)
At 2:15 AM 4/11/94 +0000, Gordon Cook wrote:
>>From EDUPage:
>
> CommerceNet, to be operational by September, is being billed as the
>first large-scale effort to transact business on the Internet. Backers of
>the effort include Apple Computer, BankAmerica, Hewlett-Packard, Lockheed
>and Sun Microsystems. The service will start with about 50 companies
>offering products, services, and on-line banking, and will expand to
>include brokerage and notary services as well. CommerceNet has an initial
>investment of $12 million with half of its funding to come from government.
>"This is the first industrial park in Cyberspace," notes author Daniel
>Dern. (Wall Street Journal 4/8/94 B2)
>
>Do I hear this right? Someone in the Clinton Administration is
>dumping $6 million in tax dollars into a scheme to support commercial services
>by these wealthy companies over the internet?
I urge people to check out what Enterprise Integration Technologies is
doing before concluding that this award was not in the public interest.
It was made under the Technology Reinvestment Project, the ARPA-led defense
conversion initiative. The Administration received $8.3 billion in proposals
for $470 million in funds. The awards were made on the basis of a competitive,
merit-based process.
Check out http://www.eit.com for more information on what EIT is doing.
Thanks for keeping an open mind on what the Administration is doing.
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Thomas Kalil "The NII - just do it!"
tkalil@arpa.mil
National Economic Council
The White House
Washington DC 20500
(p) 202-456-2801
(f) 202-456-2223
"Your taxpayer dollars at work."
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