CAGW's Porker of the Month

That'd be the FCC.

While the FCC regulators claim to have solved a public safety issue, in reality they capitulated to Nextel’s scheme to obtain contiguous blocks of valuable spectrum at a substantially reduced cost. Nextel is trading its fragmented, non-nationwide spectrum in the 700, 800 and 900 MHz bands, estimated to be worth $1.2 billion, in exchange for prime nationwide spectrum in the valuable 1.9 GHz band, estimated to be worth as much as $7 billion. It is ironic that Nextel is getting nearly a $5 billion windfall to “correct” an interference problem it caused in the first place.
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