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Passenger Service with Other Peoples' Money
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">I take Greyhounds’ intent to be expressed in the unstated axiom implied by the thread title.<span style="mso-spacerun: yes;"> </span>That is that people who spend other people’s money will not spend it as wisely as they would spend their own money.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">It is the fundamental problem with public sector spending, and the bigger the project, the bigger the problem.<span style="mso-spacerun: yes;"> </span>Corruption happens to be the theme of the article cited in the first post, but that is only one component of the fundamental problem of spending other people’s money.<span style="mso-spacerun: yes;"> </span>The problem is broader than just corruption.<span style="mso-spacerun: yes;"> </span>And the fundamental problem is not just related to rail expenditures.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">In its broadest terms, the title of this thread could be this: </span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p><span style="font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Amateurs Building Their Empires With Other People’s Money<span style="mso-spacerun: yes;"> </span></span></span></span></p>
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