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Detroit's finances: Holy jesus.
Mandatory financial oversight has come as a result of millions in uncollected fees, a flight of the city’s affluent tax base and hopes that downturns might melt away.
Go away, KA!
You are 100% correct, but too bad this delivery system fails to accomplish this goal. Federal dollars are wasted and come with incredible strings attached dictating behaviors, all of which hinders, not helps, the goal you state.
I respectfully disagree.
I think the best way of lessening the financial burdens of future generations is to make whatever programs the people deem appropriate sustainable. And that's all programs.
Leaving the Bill for current Social Security, Medicare, and Medicaid to our children is a disgrace. And one that neither side of the aisle is willing to tackle properly, since everyone is already running for the next election (including the President).
It seems too many major cities run by liberal politicians are on the same road of accelorating "misery indexes!".
Cease, my son, to hear the instruction that causeth to err from the words of knowledge. Proverbs 19:27 (by Cry and Howl)
I think a whole lot of things are great ideas, but I don't try to impose them on everyone else in the country. Different interpretations of how the country should work, I suppose.
True, but SA's proposed "outlaw the Dept of Ed" stance doesn't help anything either.
Every large industry with a large infrastructure is notorious for cost overruns and waste.. Yes?
lol at your concern that I might be impeding something here. Are you under the impression that my position is going to slow down money for the Department of Education?
Where the heck is Paul Krugman to explain why this isn't so?
And your view of the world is on par with Alexterp's knowledge of effective tax rates; and he wasn't f*ing around
Er...doesn't just about every city vote democratic...?
Don't yell at me. Yell at Alexander Hamilton, the Congress, and the Supreme Court.
I'm not the one who decided this 75 years ago.
"And I try to har-mo-nize with songs the lonesome sparrow sings...
There are no kings inside the Gates of Eden."
That was my indoor voice.
Not really, it seems a circumstance unique to defense contracters. I worked for both Exxon and International Paper, and the type of project overruns which are standard in the defense industry (with the Feds paying the bills) would cost a chairman his job at either of these goliaths. Now this is not to say shit never happens, in my opinion, defense contractors bring fewer projects in on time and within budget. Now this might be because of the the fickleness/incompetence of their customer.
Ronald Reagan ran on, and was elected on, a platform which included closing the Department of Education, and yet with the political capital to close it, he never did so. The attached link shows he decided to use the Feds to push his agenda for schools so he kept the Dept of Education even after labeling it a boondoggle during the election against Carter.
This post was edited by tagterp 13 months ago
The link shows the list of the best run and the worst run cities in our Nation.
The clue is in the availabilty of jobs. Jobs disappear with higher taxes, profusion of regulations, and union strength.
Hmm, those intitiatives seem to be liberal democrat modus operendi...
Many qualities separate the best-run and worst-run cities. But perhaps the most important is access to jobs. The economies of the best-run cities fall into two categories. They either have a booming industry or are near other major urban areas that create employment opportunities. The worst-run cities simply do...
Or they're post-industrial hellscapes like Detroit, or they are home to a semi-permanent underclass like some of those horribly poor towns in FL, or any number of things.
I don't believe your initial premise as it being unique to defense contractors.. Regardless of your prior employer, I can bring up anecdotal evidence of other employers such as BoA or Booze Allen / Deloitte, etc.. It doesn't prove anything.. I actually have been a part of the contracting process and there is a very large push to prevent government funds mismanagement and lots of hard people working on preventing that in the contracts office.. I'm not sure I believe the quick rhetoric that all government is evil and private industry cuts chaff the right way?
Oh, looky here:
The NIH is spending $1.5M to find out why lesbians and heterosexual married men are fat, and why gay men are not.
EDIT 3/26/11 - HOLY SHIT 1,800 VIEWS THAT'S LIKE NOTHING BUT IT RAPES ALL MY OTHER VIDS WTF
EDIT 7/22/11 - OMG NOW PEOPLE ARE SENDING HATE COMMENTS TO EACH OTHER!!! I'M SO POPULAR!!!!
I wonder how many self-serve soda machines the Federal government has.
classlessthug: I have too much on my plate to worry about the fact that my junk intimidates some needle D undergrad.
7 billion off the books! Lol...
Yes, but at the end of the day they are driven by maximizing returns for shareholders/owners.
New budgeting term......BALANCED WITH PRINCIPLE. Meaning .... the budget is balanced if you don't count the interest payment. Coming to a Congress near you.
Yeah, it's not like the federal government didn't have to give huge financial handouts to several large corporations (AIG, GM, Chrysler, Goldman Sachs, Citi, etc.) within the last 5 years due to incompetence, mismanagement, and poor business practices.
But yeah, the rest of private sector always has its shit together and wasteful practices are only rampant at government contractor companies. Great to be on the government tit.
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