The Internet: U.S.-Owned Global Resource?
Article: European Union wants a share in controlling the Internet. Here's a summary:

Currently the United States governs and controls the Internet's master directories which serve to direct browser & e-mail traffic. The Internet—created by the Pentagon—is run by a private organization in the U.S. via actions veto-able by the U.S. Department of Commerce. Countries late to partake of the Internet now voice their frustration and fear in United Nations talks, frustration that they missed out on their "fair share" of Internet addresses and fear that those in control could abuse their traffic-controlling powers, particulary in acts of political policy-making.

My questions are: Does the U.S. regulate online traffic well? Is the U.S. trustworthy to not abuse such powers? (What constitutes abuse?) Is the Internet an 'international resource' to be shared fairly? Is the best share of the Internet already taken?

In my opinion, the United States has done well as cyberspace police with a moral sense of fair play and nary a sign of abuse. Although, some U.S. citizens fear privacy infringement via the Patriot Act (right?). Though many sites have become proprietary, the Internet is an international resource which has yet to run dry in addresses. This may require creative naming, the likes of which allowed Yahoo, Google, Blogger, Xanga, Wikipedia, among others. Necessity is the mother of invention.