When I arrived at the Federal Communications Commission about a year ago — after stints in wireless, satellite, incumbent and competitive wireline telephony businesses, as well as in government — I had a pretty clear set of general regulatory principles.1 Those principles continue to prove useful, but over the last few months I have devoted significant energy to organizing and honing my views on spectrum policy. There is a reason so many Commissions have struggled with this issue — it is extremely complex. But regardless of the difficulties, I believe I and the FCC have an obligation to tackle it.