Managers whose budgets do not depend on customer satisfaction and who do not face competitive pressure in the marketplace, will not, on balance, spend their money wisely. Vendors selling to those managers know that price matters much less than it does to, say, Wal-Mart. And anywhere there is political urgency and official involvement high up the command chain, conditions will begin resembling a gold rush.The article is worth a full reading. And the hits keep coming. This nugget is from the big book of Duh - Americans Say Federal Gov't Wastes Over Half of Every Dollar. I'd say it wastes 75% of every dollar.
As major Solyndra investor and Barack Obama donor George Kaiser told a crowd of his fellow Oklahomans not long after Obama's stimulus was announced in 2009, "There's never been more money shoved out of the government's door in world history and probably never will be again than in the last few months and the next 18 months. And our selfish, parochial goal is to get as much of it for Tulsa and Oklahoma as we possibly can."
There is no such thing as war without the brutal, violent death of innocents, including children. Similarly, there is no such thing as government spending without gobs of disgusting waste, graft and corruption. It's all cooked right into the system.
Thursday, September 22, 2011
Take Your $16 Muffin And....
Why the $16 muffin is no joke