scriptura the f.c.c. the criteria is even stronger and some sense it has a higher burden phrase you have to show that the deal is in the public interest and they've said all along that it is and organizations like mine at free press and others and frankly a lot of companies as well if said it's not in the public interest that it will do all those things that today the department of justice said it would do less in competition and raise prices the crease innovation hurt consumers and kill jobs well. any sense of which way this is going to go well i mean us in the beginning if it is dead now because of the o.j. thing that's actually i think that's a bit premature but this is definitely not a good sign for a t.n.c. they can and they will fight this and they will go to court now the funny thing is the united states and now the plaintiff and entrust lawsuit and so they'll be suing to block this deal eighteenth he can defend against that but he has an uphill battle here and i wouldn't say it's dead but it certa

has the burden in an antitrust suit but he has the burden for the f.c.c. they haven't been sidelined but they can choose to approve or not kind of based on what the o.j. does are based on their own analysis and they're of course reviewing the deal as well as the as he sees the d.o.j. as creature is what's best for competition what's best for the public right what's the secret you're the f.t.c. the criteria is even stronger and sometimes it has a higher burden for me and he has to show that the deal is in the public interest and they've said all along that it is and organizations like mine of free press and others and frankly a lot of companies as well as that it's not the public interest but it will do all those things that today the department just said it would do less in competition raise prices the crease innovation hurt consumers and kill jobs well. if any sense of which way this is going to go well i mean you asked in the beginning if this is dead now because of the o.j. thing that's actually i think that's a bit premature but this is definitely not

we received through a waiver through the f.c.c. some 700 mega hertz spectrum that was actually freed up as part of the digital tv transition a few years ago and was dedicated by congress specifically for public safety broadband uses. san francisco, oakland and san owe day applied to the f.c.c. to begin work building on this spectrum early and we received that waiver last year. funding and regional collaboration are two more pieces to it. i mentioned motorola got a $50 million grant under the broadband technology opportunities program and they're also contributing a match of $21 million to build the network. regional collaboration, you can cannot build the network without sites to put your radio so we have to have regions contribute to locations, to sites, the space to put radio transmitters out there to build a network. finally, governance, i mentioned the bay area authority and joint power authority, that had to be in place to govern everything. now, the only other thing i will say about this is we started with the spectrum and we

the f.c.c. the f.d.i.c loose on these people in the beginning of his administration maybe this would have had some traction he didn't but he had people like lawrence summers is good vising him so you see that whole you know it's a it's an it's a spider web you know it's not black and white it's not you know republicans and democrats conservatives and liberals everybody's more or less on the same team it's just who's the extreme on the same team these people in wall street are not on the team and they're and and so we don't know the people on all three of the think it is sort of the referees and the leader was almost as though testers are not on ali i think so so they're going to be kind of our camera we don't want to concentrate on them so i don't know what you say yeah and you know it's not just me thank god i mean a lot of people have been tweeting about this i want to read you a couple comments truth activator writes sarah and anderson cooper went all the way to egypt to cover protests at tah

the f.c.c., the federal communications commission, also has to weigh in on this deal. both agencies, both the justice department and the f.c.c., have to approve the deal. so this is a big hurdle. we have to hear from the judge at the u.s. district court of the district of columbia on her decision on this case. but this is just one more step in the process. but a significant one. this is also politically in sending a message to the companies. the justice department really is making an unprecedented step, especially in this administration, when it has proved so many other mergers that's come before it, including comcast merger, joint venture with nbc universal, google's acquisition of a travel company by i.t.a.. this is the first time the justice department has made such an audacious move to block a energyer. >> suarez: i'm glad you mentioned the other mergers because in some of those cases the first salvo, if you will, was the justice department or the regulator in some cases the f.c.c. saying if you meet certain conditions then we can talk about the merger. >> that's r

facings criticism from the f.c.c. it's written the f.c.c.'s sat hite troubles became under fair to as -- lightsquared -- host: he added the company received no special favors from the f.c.c. cri criticalya mentioned the communicators program, here's just a portion of the lightsquared interview with the c.e.o. >> when i said we were building one close to the g.p.s. spectrum. as i said, the issues related to precision devices, we have announced the solution last week. and amazingly, it had half a dozen or so g.p.s. manufactures that wanted to work with us. host: that will air, the communicators program, a one-hour interview conducted by c-span and cri criticalya of the "washington post" who sat in as the guest reporter. 6:30 p.m. on c-span on saturday it re-airs on c-span 2 8:00 a.m. and 8:00 p.m. from "usa today," the supreme court open to potentially epic term that could roy debate. the justices have said -- in coming weeks, the justices will announce whether they will take on two major disputes over federal power, the most closely watched in

a and, excuse me, i am aware the f.c.c. telecommunications act of 1996 prevents you from ruling on the site based on health concerns alone, so i want to clarify the next statement so you don't misunderstand me, but if the antenna is installed, my concern is with the health concerns. if i tried to sell my house, i would be losing potential value in my home and that is what i am concerned with and i ask you to consider if you want to see san francisco lose another tax paying family. thank you. >> good afternoon. my name is maddy and i am the owner of giovanni's pizza. and i start the business in 2008 and it has been a very tough few years for a new business. however, i have seen a lot of new families move into the neighborhood in the past couple of years and they are the foundation of my business. the proposed antenn

the f.c.c., for one, echoed concerns about competition. at&t stock fell on the news, down almost 4%, but the bulls came calling for sprint, sending its stock up nearly 6%. darren gersh takes a look at what today's move means for at&t and t-mobile. >> reporter: at&t tied up its merger with t-mobile with a pretty political bow. there were promises to build out wireless broadband in rural america, an obama administration priority. labor unions were part of the team, 5,000 call center jobs would be brought back to the united states. but today, justice department antitrust lawyers bucked the political pressure and decided four mobile phone companies was as low as they would go. >> there's a quip from a famous old anti-trust lawyer that used to say the difference between republicans and democrats after all the fancy econo-metrics is democrats want to see four competitors and republicans are satisfied with three. i don't know if that's true, but that's where we've gotten with this case, is a determination that we now need to have four national pl

the banks are committing are should be covered under various legal restrictions over there at the f.c.c and the c. f.t.c. and other regulatory bodies but unfortunately those regulatory bodies are not owned by the bankers so you don't have any law there is no rule of law in america when it comes to banking crimes but let me i want over to my twitter account that's my max kaiser. our twitter account and i asked for questions for you because i told my twitter folks that you would be on the show so from lisa takio she asks that will there be prince available all of this painting and other banks on fire paintings i will be able to make prints yes so you know maybe we could do it on one of these websites have a coffee mugs and mouse pads and t. shirts this could be the happy face logo that defines a generation the yeah you never know i mean it's i got to say that this all this media attention is surreal. and i'm just really stoked to be get. talking about this and also feeling like i've been completely true to my own art you know and everything i love about making art ok i'm looking at anothe

how it affected bear but really first of all we don't have any information on that at this point the f.c.c. launched a very wide ranging investigation when a firm first collapsed there were the street was rife with rumors about all sorts of conspiracy theories where headphones had colluded to bring the stock down and bring the company down but really what you started to see was it more the naked short selling what you saw was an incredible expansion in credit default swaps spreads people were buying insurance on bear stearns that if they didn't actually own it and once that happened the credible demand for insurance on bear stearns that riding a credit default swaps and really dried up their their sources of funding once the overnight wenders and everybody else started to see these things and they all stepped back from the firm and said what you know we don't know how that sounds but you know we want to get out of this before you know we're in tangled in it so it really i think that the credit default swap part of your question is a much bigger. storied and maybe naked short selling althou

cause the root problem is fraud now that fraud is not being addressed by the regulatory dimensions the f.c.c. the all the other various regulatory agencies so if they're not going to take care of the fraud and at what point in the socio economic political chain of command is there a backstop against this is another words we know bernanke he is a fraud you know geithner's a fraud i mean it appears as though barack obama is a fraud so is it is it really a point now of no return where as there's just simply no one is going to step forward as they did in the thirty's and i want to talk about this i guess is by comparison the pechora commission where people address the fraud nomi prins well you know it in the thirty's and that was coming up to see her for what i was doing with the novel to pechora commission hosted bankers up in front of congress which which has happened in the last few years but the difference is they actually. dismantled the banking structure as it was back then rather than continue to allow banks to have the benefit of people's deposits and to make loans and to use that as pot

they would not have to disclose their pay and bonuses to anybody no regulatory authority not that the f.c.c. just keep all that information private how they're raping and pillaging not just their bonuses that actually their income and this was in the washington post where they were talking about breakaway wealth and they're saying that this is just the wealthy at the top point one percent and ninety nine percent of americans think they're part of that but it's really only point one percent but they're becoming wealthier by taking the wealth from the rest of the population as not sam to lead points out over the next ten years you're going to see at this same rate if you extrapolate this rate of wealth that the bankers are taking it's going to be another five trillion dollars over the next decade that five trillion dollars is not money invested in building roads schools and other long term truck projects but is directly transferred from the american economy to the personal accounts of bank executives and employees i think you should really take the other approach that when the c.e.o.'s and ba