Counterfeit Girl Scout Cookies

Spectrum has become one of the most valuable natural resources of the Information Age. Unlike other comparably valuable natural resources such as land and oil, it is owned by the public and allocated exclusively by the federal government. Also, unlike those resources, it is invisible both literally and figuratively: the general public does not understand—and consequently does not care about—its allocation. This combination of huge amounts of money at stake and public ignorance creates the classic conditions for special interest politics.

I, like many, have been following the google interest in the FCC's pending spectrum auction. Spent some time doing research on the topic and came across this YouTube.com Video. A rather dry spectrum meeting, the thing that I found most interesting is that this YouTube.com video is 92:44. Typically YouTube videos are limited to 10 minutes.

Wondering why this one got $4.6 billion dollars worth of extra time?

Some analysis from University of Chicago Law School