Re: Can someone interprete this to me like I'm 5 years old?
The US govt. has been trying to turn over the control of ICANN. Although there's some discussion about what control they have and how that can be done, no one has offered an acceptable (to US and others) idea until just recently. ICANN comes up with a plan that looks stupid, nobody really understands, and none of the important internet groups want to be involved with. Now the ICANN CEO is still pushing for something that no one supports (particularly those who's opinions matter). That's why I called him a bonehead.
Kieren McCarthy, the author of this article, covers ICANN and internet governance. I think rather well. Click on his name and you will see all his previous articles on elReg. Just look for ICANN in the title.