Category: Subsidy

How to steal big: Part 2, Make them pay you to stop stealing from them

18 June, 2013 (13:09) | Apartments, auditing, Boston, Chelsea, Corruption, fraud, HUD, inspections, Litigation, modernization funds, Public housing, Regulation, Rental, Subsidy, theft | No comments

  [Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post, quoting extensively from Michael McLaughlin’s How-To-Steal-Big Manual, which I hope he writes in the extended jail time that I fervently hope he serves, we observed that stealing from a public agency requires three linked steps: Capture, Bleaching, and Exfiltration.   Sources for [...]

How to steal big: Part 1, Capture, Bleach, Exfiltrate

17 June, 2013 (11:10) | Apartments, auditing, Boston, Chelsea, Corruption, fraud, HUD, inspections, Litigation, modernization funds, Public housing, Regulation, Rental, Subsidy, theft | No comments

[We interrupt last week’s post about France’s bureaucracy to bring a story whose relevance spiked last Friday.  We’ll return to France when this post is done; I have every confidence the bureaucracy will still be pondering its response.]  By:David A. Smith   Last week, depressed by his venality and contempt for the system, although having [...]

Absurdite, Complexite, Precaucite: Part 3, More than the Hotel is Worth

14 June, 2013 (09:00) | Accessibility, democracy, Eminent domain, France, Government, Incentives, Local Government, Local issues, Precautionary Principle, Real estate taxes, Regulation, Subsidy, Takings, Tenth Amendment | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.]   By:David A. Smith   Yesterday’s Part 2 on the bureausclerosis choking France’s economy, using as source material a small-scale article in the Washington Post (April 16, 2013), zeroed in on the debilitating effects of excessive regulation from afar and identified some principles of regulatory balance [...]

Absurdite, Complexite, Precaucite: Part 2, That He Largely Ignores

13 June, 2013 (09:00) | Accessibility, democracy, Eminent domain, France, Government, Incentives, Local Government, Local issues, Precautionary Principle, Real estate taxes, Regulation, Subsidy, Takings, Tenth Amendment | No comments

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday we saw, via an article in the Washington Post (April 16, 2013), that France’s centralized government (and behind it, the even-more-remote European Commission) so distrusts anyone it does business with that it has promulgated at least 400,000 norms and rules, all of them violating [...]

Absurdite, Complexite, Precaucite: Part 1, 400,000 Norms and Rules

12 June, 2013 (09:00) | Accessibility, democracy, Eminent domain, France, Government, Incentives, Local Government, Local issues, Precautionary Principle, Real estate taxes, Regulation, Subsidy, Takings, Tenth Amendment | No comments

 By:David A. Smith   When Yeats wrote Things fall apart, the center cannot hold, he could never envisioned the rise of the Bureaucratic State, which believes that lack of touch is no reason to loosen one’s grip on the capillaries – and so, unless the acquisitive tendency is checked, one reaches an end state such [...]