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And its latest order has glaring legal flaws that is sure to keep the fcc mired in litigation for a long time. Turning to the designated entity program. The fcc must take immediate action to end its abuse. What once was a wellintentioned Program Designed to help Small Businesses has become a playpen for corporate giants. The recent aws3 auction is a shocking case in point. Dish, which has annual revenues of 14 billion and a market cap of over 34 billion holds an 85 he can witd stake in two companies that are claiming 3. 3 billion in taxpayer subsidies. That makes a mockery of the Small Business program. The 3. 3 billion at stake is real money. It could be used to underwrite over 585,000 pell grants, fund School Lunches for over 6 million children or incentivizin ....
Opening statements and comments were near and dear to some of the comments that i want to make today. But before i do that, i would like to make an observation. The observation that i have is that it was my opinion that the purpose for the Affordable Care act was to guarantee all americans have the same bad health care. And i believe that this title ii decision made by this commission is to guarantee all americans the same bad internet service. I also believe two things. And i dont believe im wrong. One is, the purpose of this open Internet Order is one, to regulate and restrict content. And number two its to open the door to taxation. What i would like is commissioner oreilly and party to tell me why im wrong. Senator, ill tackle part of the question, with respect to taxation youre right, it opens the door to billions of dollars and fees on broadband. As a result of reclass ....
Opening statements and comments were near and dear to some of the comments that i want to make today. But before i do that, i would like to make an observation. The observation that i have is that it was my opinion that the purpose for the Affordable Care act was to guarantee all americans have the same bad health care. And i believe that this title ii decision made by this commission is to guarantee all americans the same bad internet service. I also believe two things. And i dont believe im wrong. One is, the purpose of this open Internet Order is one, to regulate and restrict content. And number two its to open the door to taxation. What i would like is commissioner oreilly and party to tell me why im wrong. Senator, ill tackle part of the question, with respect to taxation youre right, it opens the door to billions of dollars and fees on broadband. As a result of reclass ....
At things on a case by case basis. Thats what we tried to build in, that kind of flexibility. With that flexibility though, what do you do with these entrepreneurs, innovators that are coming up with things that i cant even imagine . And theres a process that theyre going to have to go through with the fcc that they dont know if theyre going to be required to go through it or not. What do you say to them . They wait and get their we dont move up the stack. Were talking about the delivery services. Were not talking about regulating two guys and a dog in a garage and they have to get permission. You think thats clear . Yes, maam. Were very clear on that. And that is an essential component of this. First of all i mean i think its questionable what our reach would be in terms of statutory authority. Were dealing with the delivery of what these creative people want to do and making sure that they have open delivery. If i could just switch gears here. In your testimony i read that you are tr ....
Of return carriers that would encourage broadband adoption. I know senator thune, senator coveture, led and i wanted to can i make a commercial just 30 seconds . Will it have the same unity your answer did earlier . Yes, sir. The answer is yes, sir, we are going to do that. We needd, the best in their job is worthy of Henry Kissinger and i hope we can have the help of you and senator thune and the committee to help send a message that says, hey folks, its time to quit bickering over details lets have a common approach. Because were going to move, and well make that decision if we have to make that decision. But it sure would be good if we understood that the various segments of the industry could pull together and say, hey this is the kind of north star youve got to be guiding to. Thank you, and i appreciate that. Were so close to each other i feel like we ought to be having a cup of coffee. Want a beer . Ill take that. Commissio ....