This speech is from Thomas Barnett, assistant Attorney General for the Dept of Justice. It is a speech he gave Oct. 31st. It is an EXCELLENT READ.
While the speech itself is not directly related to the XM-Sirius merger, it definately deserves your reading time.
In his explination of efficiency, he writes:
From what I take of this, he is stating that "leapfrog dynamic efficiency" is the most important to drive efficiency/welfare gains. When describing this type of efficiency, he does not compare one breed or horses to another breed. He is comparing horses, to cars. Analog phones to VoiP.Quote:
Originally Posted by Barnett
Satellite to Terrestrial? Terrestrial to iPods?
This is our decision maker here, and these are HIS words. Very interesting in deed. :D