the suspected chinese spy craft brought down a week ago. according to the white house this is about the size of a small sedan, a lot smaller than the balloon. it was not equipped with a significant payload, in fact, who or what yesterday s object belonged to is still up for question. we re calling this an object because that s the best description we have right now. we do not know who owns it, whether it s a whether it s state-owned or corporate-owned or privately owned. we just don t know. well, the object s flight path over alaska was north easterly. it s unclear where it was first detected. the pentagon says it was spotted using ground radar, and again, altitude, 40,000 was determined safety threat to civilian airplanes so president biden ordered it shot down yesterday and summed up his feelings with one word. do you have anything to say about the object shot down over alaska, mr. president? and it was taken down 1 p.m. yesterday off the cost of alaska near the p
the pentagon working together in hopes of finding more answers as to where it came from and what its purpose was. fox team coverage on the latest development with alexandria hoff in washington and lucas tomlinson outside the white house. lucas: senior white house official this object was not detected after penetrating air space in alaska. yesterday the pentagon would only say when it was detected thursday night and not where. it entered into u.s. air space on february 9th. we sent up aircraft to assess what it was. the decision was made that it posed a reasonable threat to civilian air traffic. the president gave the order to take it down and we took it down. lucas: right now helicopters used to rescue airmen, are combing the area off the rugged north of alaska where the object was destroyed by raptor in anchorage. the temperature minus 20 degrees. at the white house john kirby was asked about the nomenclature. shot down near prudhoe bay, enormous 2,000 spy machine the size
Use by executive land holding agencies. In your opinion do you believe that gsa has done everything in its power to give life to the directives embodied in section 6409 which you referenced in your testimony of middle class tax relief act . Have they done everything they can . Mr. Chairman, i do not believe they have. As a matter of fact, im a former administrator myself of the federal agency and if i had implemented something too poorly that congress instructed me to do id be embarrassed. Theres an executive order by the president of the United States correcting gsa to move faster to get these contracts together and to date nothing has been done. Three years after Congress Enact this legislation, progress has been slow gsa hasnt been proactive. Proactive. I think our members are having to negotiate for each and every site individually just as they have in the past. Gsa has not implemented the intent of congress and we cant wait three more years for whats needed i think today. Theres a
The obvious infrastructure deployment requires the expectation of a healthy return on capital. That should be taken as a given but all too often in my experience the issue of return on capital is either ignored or misunderstood in policy forums. Its not a matter of whether a business is or isnt profitable. It is instead a matter of whether a business is sufficiently profitable to warrant the high levels of Capital Investment required for the deployment of infrasfrur. We that in mind, in 2014, the Largest Companies in the cable industry earned a very healthy return. The physical assets of comcast, time warner cable, charter and cablevision, the four publicly traded Cable Operators in 2014 all earned healthy returns in excess of their cost of capital with returns ranging from 13 to 33 . Those returns were unusually high for a capital intensive industry. On the other hand it should be noted the cable industry earned returns below the cost of capital for decades. Any longterm return on Net