"Our industry has shown that we can work with the government as well as our partners and competitors to achieve mutually desirable goals of more competition, consumer choice and broadband expansion. But we can't achieve these ends if we interrupt the flow of private capital and delay the cascading productivity impacts of a more networked world," Seidenberg said in a keynote at SUPERCOMM 2009 on the eve of a critical FCC meeting where commissioners will start crafting so-called network neutrality rules. He also warned against "pitting network providers and applications developers against each other in a zero-sum game."

Meanwhile, an open letter signed by 30 business investors in technology companies was sent today to FCC Chairman Julius Genachowski on Wednesday. Prominent venture capitalists --including five of the top ten ranked investors on the 2009 Forbes "Midas List" - support "the Commission's ongoing efforts to adopt rules to safeguard the open Internet." The proposal will drive "investment, job creation, and consumer welfare," they wrote.

Read more about Genachowski's game plan and Thursday's Commission meeting in CongressDaily AM Edition here (subscription required).