Story on CAF subsidies encapsulates much of what's wrong with U.S. telecom policy

This story on the U.S. Federal Communications Commission's high cost infrastructure subsidy program, the Connect America Fund (CAF), encapsulates much of what's wrong with U.S. telecommunications policy.

CAF subsidizes technologically obsolete copper cable designed to serve a pre-Internet telecommunications system. Not only that, the telecom companies that would benefit from the CAF subsidies aren't grateful to get them and immediately put them to work. Instead, they bitch and moan as CenturyLink and Windstream do here.

Pathetic. It's no wonder other nations look at U.S. telecom policy and shake their heads.