I do not see two different types of property rights in this particular piece of legislation. If you are talking about a developer, a developer has a right to assert their property right just as a residential homeowner. The residential homeowner, however, cannot come and assert a right against someone else's property when that property has been taken either through an endangered species designation or a wetland declaration.
Discussing property rights in relation to legislation on endangered species and wetlands.
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Did you ever envision that this law would be used to destroy the economic value of millions of items legally acquired by Americans over the years?
It is the anticipation that the V-band is going to be cleared. The U-band will be packed, which will add value to the return of that analog spectrum. It is arguable that this will be more valuable spectrum.
I encourage you to get as much information as you can from our government, from international entities and come forward with a bipartisan collaborative process that really does work.
Most countries cannot stand in that glare, in that spotlight, and I have every confidence in you and Chairman Fleming being able to make a real difference.
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