Political Quotes

On the recordFebruary 1, 1996
The one thing that surprises me is that the Republican Party has apparently, with regard to this question of how to use the new spectrum, so little confidence in the free market. We hear about the free market from time to time, but because a very valuable industry, the broadcasting industry, wants to get the first use of it for nothing, and that is what we are talking about, this valuable part of the spectrum, yes, the broadcasting industry will be allowed, for free, to do the experimentation, and then maybe at the end they will give back the other part of it. Whatever happened to the free market? Is not the best way to decide how to use this new spectrum that will become available, whether it is for digital TV or for some other purpose, to let us auction it off? ...when all elements of industry like the bill, probably the taxpayers and the consumers have reasons to worry.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing the use of new spectrum and the implications for the free market during a floor debate.

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