Exactly who is going to be able to bell the cat, much less even design a collar for it?
The internet was designed by DARPA. The national security apparatus has a vested interest in maintaining control of it. Even if the industry could find independent scientists that could design code the NSA couldn't crack, don't you think the spooks would buy, blacmail, or backdoor their way into it?
The Republican's aren't the only ones with a problem in reality-based thinking.