Thursday, January 14, 2010
"How Corruption Stalks The Stimulus"
Try to imagine the work force, along with it's bureaucracy, expenses, and possible litigation costs, required to do this.
Is it any wonder that government is out of control?
Everything they do extrapolates into even more they need to do.
Ugh!...
Is it any wonder that government is out of control?
Everything they do extrapolates into even more they need to do.
Ugh!...
This comes from an Investors Business Daily editorial:
"the Recovery Accountability and Transparency Board — also known as the RAT Board — and its 13 separate inspectors general had gotten 471 complaints of wrongdoing with stimulus funds. Of those, 86 triggered 'active investigations,' the recovery.gov Web site says, and 14 cases are being prosecuted.
No doubt, that's just a tiny chip from a very large iceberg. 'To a great extent,' the IRS says, '(we rely) on taxpayers' voluntary compliance with tax laws to accurately report income and claim only those tax benefits and credits to which they are entitled.'
We shouldn't be surprised. Anytime you have the kind of money we're talking about here — $787 billion just for stimulus — it's always an inducement to fraud and criminality to take advantage of government ineptitude. The temptations are just too great."
