5/15/2011

Corruption Masquerading as Compassion

Since the President is keen on reducing the budget deficit by rooting out fraud and waste, then the once place he needs to start cutting is one of his party's sacred cows....Housing & Urban Development.

Washington Post: Million Dollar Wasteland: A trail of stalled or abandoned HUD projects.

“The federal government’s largest housing construction program for the poor has squandered hundreds of millions of dollars on stalled or abandoned projects and routinely failed to crack down on derelict developers or the local housing agencies that funded them.”


To quote Glenn Reynolds, "It’s like it’s just a bunch of corruption masquerading as an effort to help the poor."

But if we were to clean up HUD, think of all the Democratic Party donors bureaucrats that would be out of work...and the last thing we need to do is help raise the unemployment rate, right?

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