The DoD Owned the Internet?

In the Guardian article, "Breaking America's grip on the net" it's explained that recent events will start to relinquish the US' control over the internet. Is it bad if I didn't know that we owned the internet? I can't even believe how mad we are. We're such nerds! "No! They're our servers! You'll never control the mainfram!"
I knew the Dept of Defense funded and basically created the internet, but I hadn't realized that we still controled the hub... but I really don't think there is much of a hub anymore.
Let's just hope that this knew governing body can't shut down the pirate bay or something insane like that.