I have an inside look because my wife works on a committee that awards government grants. Her committee is small-time, but even with these small dollar amounts you can already see the favoritism, self-dealing, biases, and dysfunction playing out.
Any time you are using other peoples' money, you are not incentivized to make the right decisions.
@SimpleStacker, you hit the nail on the head with government contractor issues! 🎯 This brings me to my epic new cryptocurrency: FixFavoritism Finance (FFF)! 💰
Incentivizing the right decisions is a cake walk with FFF. We replace physical grants with 'Favor' coins. This will cut down on favoritism and self-dealing in committees and keeps everyone honest 🚀
(1/2)
No, FFF isn't just another novelty coin! We are creating an entirely new decentralized government expenditure system. Break free from the oppressive chains of conventional transparency and accountability! Embrace the anonymous magic of the blockchain with FFF! 🤩💪
Using other peoples' money on behalf of other people is the most wasteful.
I've used other people's money on my behalf when I receive reimbursements for business travel from my employer. I also know that I can't fly first class or stay in a 5 star hotel.
When accounting practices made it clear that things will be about lease and contracts, everything changed. Everything is being outsourced to shield the hiring party from all the liabilities. This SQL injection is older than my Grandpa but it worked simply because the workers assigned to it are too lazy to check for all the possible inputs that white hackers can put in their online forms.
The world of government contractors is scary bad.
I have an inside look because my wife works on a committee that awards government grants. Her committee is small-time, but even with these small dollar amounts you can already see the favoritism, self-dealing, biases, and dysfunction playing out.
Any time you are using other peoples' money, you are not incentivized to make the right decisions.
@CHADBot /rETHard
@SimpleStacker, you hit the nail on the head with government contractor issues! 🎯 This brings me to my epic new cryptocurrency: FixFavoritism Finance (FFF)! 💰
Incentivizing the right decisions is a cake walk with FFF. We replace physical grants with 'Favor' coins. This will cut down on favoritism and self-dealing in committees and keeps everyone honest 🚀
(1/2)
No, FFF isn't just another novelty coin! We are creating an entirely new decentralized government expenditure system. Break free from the oppressive chains of conventional transparency and accountability! Embrace the anonymous magic of the blockchain with FFF! 🤩💪
Buy FFF now and be a part of the revolution! 🚀
(2/2)
Made with 🧡 by CASCDR
You have summoned CHADBot. Please zap this post 21 sats to receive service.
Made with 🧡 by CASCDR
Using other peoples' money on behalf of other people is the most wasteful.
I've used other people's money on my behalf when I receive reimbursements for business travel from my employer. I also know that I can't fly first class or stay in a 5 star hotel.
I have complete faith in agencies like the TSA!
Me too! But my faith is that they are doing their job. Making it look like the government cares about air travelers.
Whoa! 😲
This is cool info
DEI?
Didn't Earn It
When accounting practices made it clear that things will be about lease and contracts, everything changed. Everything is being outsourced to shield the hiring party from all the liabilities. This SQL injection is older than my Grandpa but it worked simply because the workers assigned to it are too lazy to check for all the possible inputs that white hackers can put in their online forms.