{"id":6137,"date":"2011-09-15T11:38:04","date_gmt":"2011-09-15T02:38:04","guid":{"rendered":"http:\/\/haakondahl.com\/blog\/?p=1929"},"modified":"2011-09-15T11:38:04","modified_gmt":"2011-09-15T02:38:04","slug":"thought-experiment-grant-milking-business-plan","status":"publish","type":"post","link":"https:\/\/balldiamondball.com\/blog\/thought-experiment-grant-milking-business-plan\/","title":{"rendered":"Thought Experiment: Grant-Milking Business Plan"},"content":{"rendered":"

One of the ways that the Federal government could be defrauded is by applications for grants or loan guarantees in support of companies or projects which are designed to fail, but which extract large quantities of money from the government in the process.<\/p>\n

What would such a business plan look like? \u00a0Features of such a business plan would probably include a mechanism for allowing those who would receive the greatest benefit to avoid personal (or corporate) liability in the event of a failure. \u00a0Other features might be a lack of meaningful oversight or accountability. \u00a0This sort of thing would be easier to pull off in an environment where there are indicators of regulatory agency capture.<\/p>\n

It would be helpful to have a few examples to discuss. \u00a0At first the examples might be cartoonishly impossible, but by refining them toward more reasonable-looking proposals, we may wind up with a tool to indicate (not prove) fraudulent intent in the government grant process.<\/p>\n

\r\n
\r\n \r\n <\/i>\r\n <\/a>\r\n <\/span>\r\n<\/div>
\r\n \r\n <\/i>\r\n <\/a>\r\n <\/span>\r\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"

One of the ways that the Federal government could be defrauded is by applications for grants or loan guarantees in support of companies or projects which are designed to fail, but which extract large quantities of money from the government in the process.<\/p>\n

What would such a business plan look like? \u00a0Features of such a business plan would probably include a mechanism for allowing those who would receive the greatest benefit to avoid personal (or corporate) liability in the event of a failure. \u00a0Other features might be a lack of meaningful oversight or accountability. \u00a0This sort of thing would be easier to pull off in an environment where there are indicators of regulatory agency capture.<\/p>\n

It would be helpful to have a few examples to discuss. \u00a0At first … Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":34128,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[244,257,260,266,268],"tags":[],"class_list":["post-6137","post","type-post","status-publish","format-standard","hentry","category-freedom","category-quality","category-society","category-tea-party","category-u-s-constitution"],"_links":{"self":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/users\/34128"}],"replies":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/comments?post=6137"}],"version-history":[{"count":0,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6137\/revisions"}],"wp:attachment":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/media?parent=6137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/categories?post=6137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/tags?post=6137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}