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First, I am AGAINST IMMUNITY. Period. Please read this post before you reply half-cocked.
However, I am a liberal and an open-minded person. I want to at least think about and talk about what immunity means (and what no immunity means).
Case in point: "No immunity" could mean an unknown (by us) amount of civil lawsuits, and of course, some amount of criminal charges. It is likely that the criminal charges will result to fines. So, the result of "No immunity" is a huge monetary loss for most telecoms (the ones that were in on it).
With me so far? The questions I'd like to talk about are:
1) How will this affect the telecom industry/economy/market? 2) How will this affect our phone bill (assuming you use one of those telecoms) ? 3) How will this affect the law/the future ?
I'll start.
1) I don't think it would have a huge impact, but I definitely think it will have some. Possibly layoffs/firings within the involved telecoms. Definitely will affect their stocks. I don't forsee a huge impact to the overall U.S. economy.
2) Unknown. They could raise their rates to compensate, but that would hurt their marketshare, as people would swap to another carrier.
3) Strangely, granting Immunity via a bill would benefit the Law in the future, because it wouldn't set a precedence because it would not be a finding of the Court. It would be a bill, for this one instance. While it might be assumed that the government will grant immunity again in the future, that is not guaranteed. So, oddly, its better if they are granted immunity rather than not and letting the court find them not guilty. (if the court would do that, which they might). Forbidding immunity opens us up for a legal precedent, which could be disastrous.
Personally, I'm still against immunity. I don't think these things are that bad to deal with, and I have faith in the courts to find them guilty.
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