"Demonstrate to men how little they really know about what they imagine they can design."
"But Wall Street doesn't own the spectrum for which Verizon wants to acquire licences. The public does. And so any deal such as this one – joint agreements included – should be structured to benefit the owners of the property being licenced."
"The public" owns nothing. Spectrum is not even a property (can I steal it from you?). The one who "controls it" is some guy sitting in a federal office building. He writes the right-to-use contract, then money flows into coffers at the treasury from whence it goes to unspecified stuff. Some of which are really, really bad for the supposed "owner".
"The public" can only benefit if someone actually offers that spectrum for use and the devices that use that spectrum are available. Whether the situation that ultimately develops is good, acceptable or plain bad is rather hard, if not impossible, to decide as one unfortunately has no way to observe alternate realities in which different decisions were taken.
"We know that both Verizon and Comcast, as well as the other cable companies, believe that they are acting in the best interest of their own businesses and shareholders. Yet, we need to ensure that consumers' best interests will be served in the long run."
But one cannot know how to do that. It probably won't happen by giving a carrier an exclusive license to a spectrum band that they may not use though. But it will not happen by listening to unions either.