Sounds like some old geezer, who got an Ivy League MBA, thinks that the Internet is just a giant nationalized phone company.
"Let's put regulation on it and see what we can do to turn off the switch."
"What do you mean there is no emergency shut off switch?"
"What do you mean we cannot turn off bit torrent to the conspiracy report? If you have to by all mean turn off the entire Internet!!!! Now!!!"