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Unless, of course, you're a broadcaster. In that case, reducing the value of what you purchased from the government by suddenly allowing competitors is a good thing. You've been robbed, but the public gains by... something else happening.
What that something else might be is unknown and why it should be good for the public is hopelessly speculative. But you do know that some of all those $ millions you paid were wasted. And that lets you feel good about yourself.
John Carroll wrote:
The loss in up-front licensing fees, however, is more than offset by the public benefit to be derived by lowering the barrier to entry for use of spectrum that can cover large areas. To be frank, maximizing licensing revenue and protecting a small pool of well-funded incumbents shouldn?t be an FCC goal. The National Association of Broadcasters (NAB), among others, may have vested interests which motivate them to continue the fight against such technology, but if the FCC truly has the public interest at heart, they should, in the end, fail in their challenge.
[End quote.]
You're right, John. The government doesn't need the money and businesses never expect Washington to deal with them fairly. Whenever minds change money can disappear. Just part of the casino of dealing with regulatory agencies.
As you can see, the problem for me is, the bids are already in. And they won't be refunded. That to me makes the action... reprehensible is too strong, but inappropriate can work. - Posted by: Anton Philidor Posted on: 10/17/08 You are currently: a Guest | Members login | Terms of Use
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