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.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.