Wow Mq, right on the button! You sure are an international expert on law and stuff:
<Maybe an auction today wouldn't get that price and the Hollings is going to get a surprise. He thinks that if it was a good deal last month, it'll be a good deal now and he'll be able to get his greedy paws on the loot.
Fortunately, the courts don't just toady to the greedy government officials but make a point of protecting property rights according to law, which is the main underlying strength of the USA. Toss that aside too casually and the USA competitive advantage will soon wane.
Powell: <... I’m not one that was particularly thrilled that [NextWave was] going to get money either, but I couldn’t let that blind me to the bigger public interest of getting the spectrum into the market, something we just talked about, and getting the government its money.>
He's disappointed that NextWave was going to make heaps. Envy! Allen Salmasi and QUALCOMM are the ones who made spectrum valuable by enabling a huge volume of calls per megahertz, so if anyone deserves the money, it's the creators of CDMA, not some government bureaucrats who want a windfall to capture the money QUALCOMM left on the table when undercharging on royalties for their great invention.
If Powell and Hollings would stop whining about them not getting somebody else's money and get the litigation and spectrum sorted out and issued to NextWave so that more money can be put into the company and service provided across the USA, the public would be better off. At least Powell understands that the USA citizens are not well-served by having a decade of legal mess rather than CDMA wireless services.
Powell should cancel the litigation and accept their place in the creditors' line. The legal position seems fairly clear. Hollings and Powell should get something more useful to do than filibustering progress in the hopes of getting his greedy paws on NextWave's creditors' money. >
Hooray for the USA. I bet Allen Salmasi prefers it to Iran and the Mullahs. The Iraqis are going to love it when the USA is running the show instead of Saddam.
My prediction is that the 'war' will be over in 100 minutes, which is much faster than the last one, which lasted 100 hours. Hmmm, 100 minutes is maybe a bit quick, but 24 hours is too long. How about "as quick as it takes Globalstar satellites to circle earth once"? That's just over 100 minutes.
When Saddam is outa there, Globalstar service in Iraq will be available. So will cdma2000 terrestrial services.
Yay USA.
Mqurice
PS: The main problem in Iraq [for the invading US troops] will be finding anybody to fight. Not many will fight to the death, [which will certainly include their own and will probably include nobody else], or destroy their surroundings, knowing that whatever they do, Saddam is not going to be around. USA tanks will be driving around Baghdad, looking for somebody to shoot at and they won't find anyone. The faster they surrender, the better off they'll be. |