Fine Greg... we knew that.

Jack.. I've been doing a search and find articles such as this:

http://www.pbs.org/wgbh/evolution/change/deeptime/

In it they note that 'deeptime' is the commonly used term to refer to geologic time when it is accepted as being millions & billions of years.

Pete, I think, is just referring to that concept (a mistaken one in his view) when he characterizes our view.