13:41 Well, I've actually written two or three columns on the topic saying that it's bogus. It's a marketing term and they keep redefining it because the real 4G doesn't exist. I mean, it does exist on paper but its so ridiculous... The 3G that was originally on paper is not even close to what it was. It's thousands of times more powerful than what they're delivering And I think, what is it? LTE. That's supposed to be the 4G? That'll be the 4G, I suppose But Austin Coolsby is now essentially saying...4G IS IT?! It gets like Verizon and who else? Sprint You know they're like, yeah we got 4G Who are the five companies did he ever name them? No Oh no He's not crazy
14:26 But here comes that giant sucking sound you hear is the resources being sucked away from you into the giant telco companies. Which of course are now going to have the complete lock on the internet as well This is this is what Internet 2 was going to be and welcome to it everybody here He comes. The plan includes three parts The first is that government will make available a big chunk of airwave spectrum I love I love the way, a big chunk of like we're getting a chocolate cake. I can't hear you exactly like would you kiss like a slice of cake? Big chunk of airwave spectrum! That sounds tasty doesn't it? 500 megahertz that will serve as the backbone of a new business platform Isn't that the five hundred megahertz they just took away from us when they forced us to go digital
15:27 Is that what they just took away? Now they're selling it back. I'll look at my spectrum chart and see but it's 500 megahertz, thats interesting Well we have a down payment You can't put alot of data on there but you can penetrate walls very nicely Right We'l auction this spectrum off so will actually also reduce the deficit by billions of dollars There is price setting There we go Price setting So whos gonna buy though thats whats going to be interesting Of course we know whos gonna buy it Uh...we do Google no the same guys are by all issue. I wouldn't be so sure well, okay? We go remember they were in the running earlier Maybe they said hey tip-off guys don't go for this crappy spectrum hold on we'll be giving you a big chunk later on favorable terms watch Second it includes major investment incentives ooh John
16:23 Start writing for the grant investment incentives. Yeah, we need an investment incentive app makers beware To encourage the private sector to build out the network on its own You've already started seeing that in many cities of the country and those investment incentives are in place Have you seen it? No no I mean but shut up slave you've already seen it And then third Third the wireless innovation fund There we go. That's the money yay alright, I stay here we go Pick up some cashier in which we will have some seed monies. I love the way he says that see money What kind of what isn't it seed money this seed bunnies just see seed monies It's not just one money its seed monies incentives
17:18 to encourage the private sector to build out the net. I rolled it back, i want to hear the seed monies again. That work on its own you've already started seeing that in many cities of the country and those investment incentives are in place right and then third The Wireless Innovation Fund In which we will have some seed moneys To fund some of our brightest scientists. Oh! It's not for us It's only for scientists who will find better ways to make it faster, more secure and a better business platform going forward. Faster, more secure and a better business platform going forward Going forward And so we can have all kinds of back doors to track everybody and shut you down So what is the point of this?
18:07 The point of me playing or the point of this? Both. The point is you're playing it and in fact what is that, what's he talking about? This is Internet 2 and I think the one two part... That's bullcrap because Internet 2 actually does exist as a separate internet. No no no no no no no no no no no no no no If they are calling this Internet 2 then something's wrong They may co-op that. What I'm saying is it's a two punch First we had the FCC with their net neutrality and all their regulations which did not apply to wireless Remember that? Did you read anything about that? Yeah, yeah, yeah Net neutrality doesn't have anything to do with it Doesn't apply to wireless Now hey! You're all getting your internets wireless Do you see the connection now that i'm making
18:54 Well, yeah I can you know let's let me don't tell me that's a stretch it's obvious. It is not a stretch but at the same time i don't see actually here's what I think here's why I don't think the connection valid because they can steal the...you know what your saying I think we're saying to me wrong You are wrong! I think were you saying and I could have predicted that okay What am I say? I think you're saying is that they're gonna say, well this wired thing we can't really spy easily enough. We can't really own it. Control! Just call it control yeah? We can't control it there ya go thats what your saying. Too bad I cant see what your saying
19:37 We can't control it as much as we can this wireless thing because we could pick it off the air, and do all these things. And I'm saying that... No thats not what im saying! That's not what Im saying! We need to control the internet so let's move the entire country towards internet through wireless which is already set up to have no regulation or at least a control in our favor. But they could do that with wired if they wanted too Yeah, but they're not promoting wired. They're promoting wireless we're gonna have everyone's going to want to have wireless internet We already have wireless internet It's called Wi-Fi so now it gets wireless everywhere Its obvious people will want that I don't You dont leave the house Well... There is a piece of America in between the east and west coast thats still on dial up you know they have no internets
20:34 So they don't have real broadband. Just because we are elitist and live on the west coast... Well there's something fishy about this whole thing, it is just.. okay I think it was pretty obvious And then vote a phone and then they can shut it down Anyway, let's just have Austin wrap it up in the last 20 seconds. History whether the transcontinental railroad the electrification of the nation The building of the interstate highway system America has always used the building of our infrastructure networks to take our economy forward and to build out American industry The wireless initiative is going to bring that to the 21st century It's gonna take it to the next level
21:16 because that's the american way. He gets an in the morning for that. It's the American Way, Austin American way. So this is our new infrastructure, you know it's like the roads that's what he said yeah the roads are put together so the truckers could use them so we could screw the railroads it's always one side against the other all these infrastructure moves except for rural electrification which I'm sure there some angle there too its always to take one group and favor another group He didn't say rule he just said electrifying the nation I laughed at that I'm like yeah he's tazing me bro electrifying the nation. So anyway... Well I'm sorry you don't see it the way i do? I don't see it the way you do, I mean I think that..I don't know, not buying! I understand that everyone's going to be on phones on the internet constantly. It's not just phones, its wireless, it's not phones
22:13 Dude, get a grip and come to reality. People want their internet wireless with tablets, iPads, laptops... And if there's an offering that wherever you go it just works You'll never ever get a wired connection again! You're not gonna deal with the cable company? It is so obvious! Oh they are out to screw Comcast I'm against it Well of course you should be against it Of course you should, because they set it up so that there's no rules and regulations for wireless. They're not saying we're building out broadband infrastructure like the real campaign promise was No it's only the wireless for which we have set no rules except all in our favor Alright maybe I'm just a conspiracy theorist I think your little conspiracy theory oriented...I mean I'm not arguing your basic premise but at the same time I'm not It's hard..it's like easier to wired wires are already here Oh John
23:12 Anyway, okay. That's gone we'll discuss this will agree to disagree Yeah Write it down in the prediction book Adam says now right we're getting screwed forget it see if I'm right get screwed Well let me write that down that never happened uh... do we have any uh... yeah i mean i think that it is just let's get them out of the way well don't like dislike talk down to him no i'm not a celebrity about other ways celebrate their yes bad day we had a bad week because of the blue site was down and people were and then die still believe in a thing which are but i think the egypt news was sold boring that nobody wanna listen to show i don't know if this is boring as that last thing you just did but she's all my god