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The Spectrum Swindle

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The Spectrum Swindle

Postby zbeast » Wed Dec 26, 2007 7:10 pm

Ludwig von mises institute.

On January 24 a strange transaction will take place. At least $4.6 billion dollars will change hands between one or more firms and the FCC. The likely payoff is estimated to be somewhere between $10 and $30 billion.

Up for grabs is the government-granted monopoly for "beach front" radio frequencies, which are being ceded over from analog transmission for digital use (channels 52–69).

So where does all of that money go? Prevention of wardrobe malfunctions? Censoring George Carlin?

Believe it or not, no and no.

http://www.mises.org/story/2815
Knowledge is power. Power corrupts. Study hard. Be evil.
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Re: The Spectrum Swindle

Postby ejonesss » Wed Dec 26, 2007 8:24 pm

it is to possibly to expand the emergency broadcast system to prevent september 11 style blackouts of emergency channels.

or allow hobbyists to hack up super high powered transmitters without the fcc coming down on them or requiring an fcc license for some transmitters.
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