digital i.p. networks. we also need to make sure that in the world, in this transition -- >> let me interrupt there just for a second. do you think it's necessary for you to drive it or do you think that the free market drives it? >> i think the free market is driving tremendous investment. i think we create a climate for investment and we have to make sure that any rules we have in place that shouldn't be there gets taken away. >> can i commit a list? >> and make sure that competition is in place. >> commissioner pai, five seconds. >> i'll try to be very brief. i support the chairman in formation of the task force and making sure we incentivize and not penalize. >> i will yield back, in chairman. i have one question that i'll submit for the record. >> thank you. the chair recognizes the gentleman from pittsburgh, mr. doyle. >> thank you, mr. chairman. i want to welcome the commissioners back to our committee room and tell you it was good to see all of you last week in your committee room. mr. chairman, jus

so i think this sets up for another price increase for the industry, i.p.s. >> if you listened to david faber, you'd know this was coming and wouldn't be surprised because print is offering $2.1 billion to buy the 49% of clear wire. it doesn't already own just like he said they were going to do. doc? >> yeah, kudos to faber. he gave us that, i think, on tuesday this week, judge. and the stock today up 13%. obviously, they've got the backing of soft bank. so you would think because soft bank just put that big investment into sprint. i think there are some betting that maybe the deal could be sweetened a little because obviously it's trading above that takeout price. >> good for sprint, doc, quickly? >> i do think it's good for sprint because this is that spectrum they bought from at&t and then got in bed with sprint to expand that. the system across the country. and i do think it's good for sprint and ultimately soft bank. >> i think sprint is the best performing stock in the s&p 500 year to date. i'll have to double check that but i think that's the case. l

software, i.p., metta data.he line between tv distribution and internet distribution becomes a lot fuzzier, what you're able to do in the internet model you certainly will be able to do -- even if the cable model is proprietary or private to some degree, the basic mechanisms will still be there. we could know if it doesn't creep you out, what you're watching at the moment, who is doing the watching. xbox has an application out that they're experimenting with which, when you walk into the room, the kinect system knows it's you and not your son. that's fascinating, but the minute you can do that, if my son is watching tv, you could change what he sees. it's a simple step. so i do think you'll get there. the question is, in the dialogue between producers and consumers, where is the comfort level? that's more important. >> host: sounds leak you're thinking more about the comfort level and creepiness than maybe netflix is with the new push for privacy act which allows you to give permission once as a consumer to shar

it owns intellectual properties i.p. it has a host of patents that enables secure communications over the internet. everything from video chat like might see on skype or apple's face-time. voice over internet protocol phones. the interactive video conferencing business. the patents were originally created at standards applications international. saic. you may know it. a defense company that subsequently spun this office virnetx. and these patents are essential to the patents behind 4g wireless connectivity. paydirt. it makes its money by either licensing its patents to technology companies or by litigating, suing other companies for patent infringement. that may not sown like much of a business model, but wait a second. remember, in the world of technology intellectual property is everything. that's why non-performing entities like virnetx have outperformed in the last five areas. it's been one of the best performing stocks since "mad money" went on the air. it is up a staggering 15,000% since march 2005. who said you ca

. >> but more importantly, the excel spreadsheet also listed the user account and the i.p. address of the suspected cheater, which the sleuths traced to the computer modem of an absolute poker employee. the company, which is headquartered in this shopping mall in costa rica, was finally forced to acknowledge that a former employee had cracked their software code and cheated online players by looking at their cards. but what really made the victims angry was that absolute poker cut a deal with the cheater to protect his identity, in exchange for a full confession of how he did it. >> here, these people stole millions of dollars from their customers, from their best customers, from the high-limit players of the site, and in the official report released about what happened, not only did nobody get into any kind of legal trouble, their names weren't even publicized. >> but in the murky world of internet poker, there was precious little the players could do about it. the companies were located in costa rica, and they couldn't really complain to u.s. authorities because online ga

is our i.p.tal disaster. >> this was a great idea at the outset, giving people a limited time in which they own it and exploit it. >> when you step through that logic a little more, why should the government grant -- i come up with an idea and the government grants me an exclusive monopoly over a small period of time. why should the government do that? >> there is deep concern about this idea, actually a lot of fear. but the problem is, people felt that a very short period was a good idea because it goes back to the public. the gift was supposed to be the public. after just 14 years. and then after 28 years if you re-upped. now it's life plus 70, which is essentially endless and there's no fair use left as far as we can be tell. the ability of the second innovator, second actor to use this infrastructure and freeflow of information has been been sharply cut back. we've handed a series to autocratic players who are using technical commands to fulfill their own business desires and it's not good fo

the only way that someone's job cannot be fired is they have an i.p. -- income tent boss. if they do something wrong or they're not doing their job, all their supervisor has to and is document it. i'm a retired postal worker and there's nobody that cannot be fired. there is a point -- the other point i like to make is this absurdity about overpayment. the private sector equal jobs i know i was a postal worker. the private sector people, fedex, u.p.s., they all make more money. i don't care. that's fine. but don't tell me that i don't earn my money. i work with people every day and there's not a person in this country who hasn't worked with somebody that they depart think they were a better worker tan they were than the guy next to them. you know, go do your job. do the best you can. we have to have libby wade's job who can't compare the private sector contractor, especially in defense where they can move the factory, they can move the business to the south, low wakes, they undercut another contractor who pays a living age and they pay just like the lady was saying the comp