Universal Slush Fund: Report shows 60% of USF Goes Directly into Telco Pockets!

HT to Peter Pratt, with a link to this dandy report -  The Tech Policy Institute:  Universal Service Fund Money Trail that shows 60% of USF funds going directly into administrative overhead and general expenses – instead of actually PROVIDING SERVICE.    Sounds like a real representative program of cooperation between the telcos and government bureaucracy.

Reminds me of an old cowboy joke:

John:   “You know what the difference is between Ol’ Ray and a six foot tall sack of crap?”

Wayne:  “I reckon I don’t.”

John:  “The sack.”

USF is sacking the taxpayers, that is for sure.

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