WHEN a project-cost increases TO A FACTOR-OF-5-TIMES the budgeted cost,
THEN criminal-convictions should be happening.
Just as normal commercial-contracts have a "kill this contract" point, for noncompliance, so too must public-taxpayer-payed projects, at 1.4x or 2x hard-max.
Extortion isn't acceptable, "just because it is government".
Take that extra-billion out of elected-authorities' pensions & pay!
Make the ones who mismanage pay.
Accountability, right?
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IF corporate-profits are soaring as a result of jacking margins, & therefore prices, THEN all other factors are machiavellian misdirection.
Always look at the bottom-line, to understand what's going-on with for-profit psychopaths
( for-profit-corporations are psychopaths, as are the "charities" which really exist for the wallowing-wealth of the executives/administrators, in the "poverty industry". IF a person says they're running west, but you discover they're actually moving east, then their claim is false as the evidence declares. ).
Then, once you've seen the bottom-line, and how it contradicts the false-speech, then begin looking at where the money's going...
For anybody looking into accounting, please get the "Financial Shenanigans" book, current edition, as it'll help break the disinformation that criminals put into financial-statements.
It is beyond me, but I don't need to understand accounting, yet.
Salut, Namaste, & Kaizen, eh?
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