The companies "freely" bid for these, the government sold them the spectrum, and now they don't have to pay. But the article notes that they still want the spectrum, only will come back later and get it cheaper.
I've got serious economic difficulties of my own but ...
Gene Coyle
Michael Perelman wrote:
The sh* is hitting the fan. I think that knowledge of Bush's economics
plans will be very important in the coming months. Some of us will be
called upon to make public statements about what is afoot.
Isn't it important that we do more to get us up to speed on such matters?
The bankruptcy bill, as Robert Manning has insisted, would have be strong
drag on the economy. Tax cuts and privatizing employment will not have a
positive aggregate effect over and above its redistributional effects.
Also, the Repugs are trying to shift liability in a number of ways --
curtailing punative awards by electing conservative state courts,
restricting suits on vaccines, giving subsidies to terrorism insurance
....
-- Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
