Of about $6 billion in emergency aid intended for Gulf hurricane victims — including those infamous $2,000 debit cards, as well as emergency housing and other payments — an estimated $1 billion was lost to fraud, according to a devastating audit released yesterday by the U.S. General Accounting Office. (Philadelphia Daily News, Thursday)
No doubt a conservative estimate.
FEE Timely Classic
Hurricane Katrina: Government versus the Private Sector (pdf) by Sheldon Richman
My article “Patent Nonsense,” which makes the libertarian case against “intellectual property,” was published and posted by The American Conservative magazine. ... Go to blog
The system that most immediately threatens individual liberty is corporatism. ... Go to blog
The next time anyone starts talking about job creation, stop listening. Jobs come into existence when entrepreneurs are free to ... Go to blog
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