--jeffrey hayzlett is joining us as well.le to apple, comcast, who does it better than america? >> we made a crucial decision in 2004. we decided that we would do facilities-based competition. we would take the phone carriers and put them in direct competition with the cable carriers and have two companies competing all over the country. every other country and economy in the world not do that. they took the phone carriers and dominic cable carrier sense that you have to sell wholesale access to any company that wants to use this space. that put prices way down in socialist countries. >> can we drive the prices down? >> eventually, you will. most people are doing this because they can. they're trying to protect their interests and former investments. they can do it and that is what they're doing. someone will break and the prices will come down. >> in the meantime, they are not making investments or upgrading infrastructure. >> they are. they're spending on infrastructure. that is not translating into increased speeds or pric

yellen handled things is jeffrey hayzlett. me is peter communication matters for everyone, especially for the federal reserve. especially now. the 6.5%andons threshold of unemployment, that is the key metric that the fed looks at. everybody knows -- everybody is going to be trying to read the tea leaves to try to figure out what they're going to do. message of her yesterday and the market selloff, did she make a mistake? >> she left with a big mistake. she has to lead with authority. if she changes her dress color or if someone changes their tie color, it sends the markets reeling. she needs to look at some time frames to set in. she will have to come back. i would make the time frames shorter. ae other thing, quantify it little bit more. she took away the six point what ever it was and now she's putting in the time frame. when it is not right, when people start to misuse her words, she will need to confront it. communication is important from the fed, at the same time, i think investors have grown to not trust it entirely. we