as you pointed out, sisco released a study saying 68% of the u.s. mobile data traffic will be video. the current rollout of mobile, dtv by broadcasters and dish pushed to enter into the wireless market are important examples of industry that are simply responding to consumer demand. as many of our witnesses who will testify today, consumers have access to more content, higher quality programming and a greater variety of devices than perhaps ever before so i look forward to learning what is working and what the government can do to advance the future of video even further. >> now recognize the gentle lady from tennessee, miss blackburn. >> thank you, mr. chairman. welcome to all of our witnesses today. i think that from the opening statements, you can see we can agree that the constant in the video arena is change. change in innovation and i was thinking through my nearly 20 years of work in both the private and public sector on this issue, and going from big box tvs to home theaters and then watching the analog to digital, now you can carry pretty m

based companies that have endured pricing pressure from europe, starbucks, mcdonald's, sisco, they would have estimate increases for the back half of the year, pressure would be off the vf corps and ralph laurens and we would look at europe on the mend. i cannot imagine how high ford and gm would go given how robust their sales are here. the entire best case scenario revolves around one thing that hasn't been in the equation at all with the germans, and it's why i have come to dislike their leadership with such a passion. growth. the germans have put no premium on growth whatsoever, and i doubt that they will until their own growth falters. i hate to say this, but fortunately that's what's exactly happening right now. why should the best case occur? because without it you have a whole lot of european currencies and many will be much weaker than the deutschmark, the heir apparent for the german currency if things implode. the german consist not afford to have the deutschmark return because other countries' wares would be priced competitively and it would kill their imports. i think they'r

>> caller: sisco. >> i think it's dead money. i don't think there's anything you want to buy there.en't going so hot. bart in florida. bart. >> caller: hey, jim. cmi, what's the story? >> i think the quarter's going to be not good enough to be able to move the stock. the stock is in a 2011-like freefall. hans in california. >> caller: yes, crammer. three, four years ago you did something on the swiss technology company abb limited. >> yes. it's europe. it's europe. i will touch nothing in europe. nothing. joe in texas. joe? >> caller: hey, big boo-yah to you, jim, from beautiful san marcus, texas. bhp billington. a few months ago, i was watching the program, you hit the bullish button on that. it's kind of sunk down, i don't know -- >> chinese collapse. it's a chinese play and china's collapsed. would i sell it here? oh, man. it's like freeport, like the rest of them. i don't know, bhp is down so much, it yields 3.6. i think 4% is where these stocks are starting to bottom but nothing yet. okay. let's go to steve in california. steve? >> caller: prudential, jim. pru. >> i can't belie