K7DAN contributes this excerpt from the intersection of politics, regulation, and high technology: "Sen. Charles Grassley is standing by his threat to place a hold on two nominees to the Federal Communications Commission over concerns about a controversial new wireless network the agency has allowed to move forward. The Iowa Republican this week accused the FCC of refusing to comply with his requests for information on its discussions with Virginia company LightSquared regarding its next-generation national wireless network. Some fear the network would hinder the effectiveness of high-precision GPS systems — used by the military, farmers and others. Grassley also raised questions about the involvement of Harbinger, the hedge fund behind the project and founded by Democratic donor Philip Falcone."
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