The Money Acted Alone, On Its Own Initiative

Nearly $82 million will help expand high-speed Internet service in rural Missouri.

Well, that’s right neighborly of that money, at loose ends since it left the military, to volunteer for community service like that.

Oh, wait.

The federal government has approved nearly $82 million to expand high-speed Internet access in rural Missouri.

The Missouri money is part of $1.2 billion of Internet grants announced Wednesday by the U.S. Department of Agriculture.

Well, it’s right neighborly of foreign bondholders and domestic institutions that buy t-bills to throw this money away in an endeavor that will not only cost a billion now, but will cost money on upkeep that the ISPs will not be able to cover with subscriber fees.