This Week in Government Failure | Cato @ Liberty
Posted May 1, 2010on:
I have long looked at this weekly feature from Cato Institute but not always brought it to my readers as a whole. Now I have decided to bring it all to you and let you decide which articles you are interested in. As usual it is hard to pick the one that gets me the most but I think HUD comes close. HUD (Department of Housing and Urban Development) has been around a long time and despite all the billions of dollars poured into it over the years it would be hard to point to one achievement that can be called a success.
You all recognize HUD best for those run down desolate slums call Public Housing. Soon after a new project goes up it is trashed and then closed because it doesn’t conform to the standards set by HUD for its tenants. Of course the tenants are the very ones who trashed the buildings! And no matter how many times it has been suggested that the tenants be given a stake in the property by apportioning a percentage of the “rent” (which of course the tax payers pay) towards purchasing their apartment thus giving the the opportunity of eventual ownership. This would many believe give the tenants a stake in keeping the property from being vandalized and eventually would give them the independence of owning their home and having all the benefits of ownership including the right to sell the property. It has also been suggested that tenants be given the right to sell their portion of ownership from the beginning and not have to wait until that eventual time when they have “paid the property off”. If they will be able to gain from any transfer of the apartment they will have a reason to demand the property be maintained ion order to get the highest price for it. HUD of course couldn’t see the reasoning behind such a reasonable solution to the poverty and public housing problem. They much preferred having new buildings trashed so they could tear them down and build new ones to be trashed.
HUD also administers the program whereby private landlords are paid by the government for housing for the poor. The housing is supposed to meet certain standards and these standards are to be maintained. Have you ever driven by a trailer park that looks like the city dump? Chances are great that this is a privately owned property whereby HUD rents the units for the occupants. I have personally seen units I would be ashamed to allow a cock roach to live in that tax payers are paying up to $700 a month for.
This is a good article to help raise your blood pressure if it happens to be a little low today. Otherwise it is just a good article to resupply your pet bitches for those of you who like to have a “bitch” when you visit the local watering hole. 🙂 BB
Posted by Tad DeHaven
Over at Downsizing Government, we focused on the following issues this week:
- The only way to get rid of the fraud and abuse at HUD is to dismantle it and get the federal government out of the housing business altogether.
- Instead of wasting more taxpayer money on a nationwide system of intercity rail that doesn’t make economic sense, Amtrak should be privatized.
- Fox News’ Glenn Beck Show recently spent a week featuring Chris Edwards and the Downsizing Government website.
- The president’s fiscal reform commission started off with some breathtaking chutzpah from Senate Budget Committee Chairman Kent Conrad.
- The Obama administration says it’s planning a rural “renaissance.” That’s wonderful news considering what an awesome job HUD has done with urban America.