Well, personning the Regulatory Lag Watch at the FCC could be a full-time job, so I'll probably cease and desist for now. Others can pick up the cudgel. Now that someone has lit a fire directly beneath the Tariff Division, there is plenty of material to work with.

Did you see the latest? The FCC just issued a Public Notice asking interested persons to "refresh the record" upon which it based its 1997 Price Cap Review Order. Reconsideration petitions were filed shortly thereafter. The Public Notice says: "[B]ecause the petitions for reconsideration were filed several years ago, the passage of time and intervening developments may have rendered the records developed by those petitions stale."

No kidding! Substitute "seven" for "several" in the above statement, and you get the idea concerning just how stale the record may be.

Is this 2004 or what?