Hookers and Booze: Your tax dollars at work

[Shwa]

David Scenna, you dirty dog you!

Hookers and Booze: Your tax dollars at work

Gobsmackingly wonderful story about a visionary man, his dream and the people who pay for it. None of whom will likely receive any sort of real punishment. (except the tax payers!) Although from the looks of some of Scenna's credit card bills, he might have already received the 'discipline.'

[William Ashley]

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Edited October 27, 2010 by William Ashley

[William Ashley]

David Scenna, you dirty dog you!

Hookers and Booze: Your tax dollars at work

Gobsmackingly wonderful story about a visionary man, his dream and the people who pay for it. None of whom will likely receive any sort of real punishment. (except the tax payers!) Although from the looks of some of Scenna's credit card bills, he might have already received the 'discipline.'

I'm just surprised that they gave seconds thirds and fourths. I think that might be the real issue here not that they gave to bankrupts but that they gave again to people who defaulted and declared bankruptcy on the first loan they gave to bankrupts.

Were the hookers moonlighters at the banks or were the businessmen moonlighters for the banks.

Well the real question is - how much money did the program at industry Canada bring in in return taxes overall - what was the overall performance - and not just how many men got laid as a result.

what was the overall effect, or how many people with bad credit ratings and bankrupcies actually had positive returns. The figures can be issued focusing on investment failure does not give complete insight on the investment system in totality. The overall result or trend is what matters more.

So how did the program do overall, and what was the overall effect.

Note that investments can provide training - there are more than just limited negative effects. Anyone involved in business even business failure may become better at business and learn things as they go along. So it can't be seen as a total failure - just not a very good one... but how did the whole of the program perform, its not like the expenses were being approved - afterall they are tax deductible expenses anyway. "Hospitality" deduction - it is tax deductable anyway.

Edited October 27, 2010 by William Ashley