ARIN

> An excellent policy and an excellent stalling tactic, but you 
> must recognize it as a stalling tactic and not a policy that 
> will support IPv4 growth in perpetuity.  

It is actually the reverse. This policy ensures that the supply
of available IPv4 addresses runs out sooner. In other words, the
first organization to fail to get an RIR allocation, will happen
sooner than it would have, and that is the point where people
start to feel the pain.

--Michael Dillon