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We cannot lose sight of the fact that none of this would be possible without that spectrum, and that is owned by the American People. That spectrum is essential. As a result of the efforts of some swamp creatures, both in and out of government, we came that close to having this spectrum, which belongs to the American People and is worth as much as 30 billion to 60 billion, given away in a back room through a private auction to three Satellite Companies, which happen to be domiciled in foreign countries. The excuse given was that these three foreign Satellite Companies can conduct an auction themselves and allocate it to the american Telecommunication Companies faster than the f. C. C. C ....

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