FC: Michigan President Leaving For Florida
- Thread starter IBeBlockin
- Start date
Disagree about ‘fraud’ in the government - it’s mostly waste and abuse. The biggest offenders are defense and contracting companies. There is a reason McLean is full of multi-million dollar homes (hint: no feds live in them) - they’re owned by guys who made millions in government contracting. For example:
https://www.bizjournals.com/washington/news/2024/06/10/reggie-aggarwal-cvent-mclean-mansion.html
Cancelling congressional approved/appropriated funding for contracts that are at odds with current administration priorities is not rooting out ‘fraud’. It’s resource reallocation. Let me know when someone is actually charged with defrauding/misuse of government funding.
Yes, it does happen - but not to the tune of billions or hundreds of millions of dollars. This kind of stuff is small change compared to what contracting/consulting companies get away with legally.
I'm sure it is. The one I cited is just an egregiously transparent bust-out.
Yeah we have tons of 'consultants' who sit on their rears all day making 150K. It's not all 'fraud' but there are quite a few 'programs' that get large amounts of funding and that money is used for other things though the books may say otherwise. Athletics budgets get 'realigned' every year just so that we can use part of it for somebody's family to get a new vacation home or send some board members on a system sponsored conference. Textbooks/curriculum are another place they always put more $ in to the budget than they actually used for those things, plus general supplies like tissue, TP, paper towels etc., there are never enough of those supplies as that $ gets syphoned into personal slush funds for others
Believe me, I've audited one of the largest school boards in the country and done some consulting on town/city purchasing departments. You do not need to actually commit fraud to totally soak a government entity. Like the one I referenced. No actual fraud was committed, but putting new controls in place surely points to rampant waste and abuse.
Textbooks are a good one. Look to who owns the book companies, it's always a friend of the people complaining about the old books.
Had a principal that I worked with in Baltimore city, who was making 200K, completely leave the profession to work in ...... textbook sales. He knew he could make more than that each year just in sales to Baltimore city and other local districts due to all of the $ put in to that pot each year but that it didnt get used that way.
Booz Allen Hamilton has zero business outside of the federal government.
Their CEO made $15mm in compensation last year.
Too hot too often. Hellacious sun exposure. Better roads connected to strip malls. Women in various stages of alligator skin. Too many smokers. No hills. No forests. Higher hurricane exposure correlated with geographic desirability. Limited neighborhoods with historical character.
But otherwise the best!