31–40 of 48 posts
Why is this article linked here? It seems to have very poor journalistic standards: An article about a money sink on sicily, home of the cosa nostra, without mentioning money laundering.
This is just par for the course in China. It is all about money laundering and not real mismanagement, the reasons are all "unclear" because these buildings are not built to be actually used...lots of corners are cuts and pockets are padded. So having an excuse not to open works out, and places the inevitable outrage into the next or next next administration.
>It is all about money laundering Maybe, but (apparently) in China many dead malls that were never really used were built simply to raise the GDP. http://www.businessinsider.com/chinas-ghost-cities-in-2014-2...
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So? It's the same story in countries with highish levels of corruption.
China's corruption is almost all a byproduct of rapid growth. Italy's lacks that growth right now so their corruption is coming from somewhere else, perhaps intrinsic.
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uh, this story is about italy.
So? It's the same story in countries with highish levels of corruption.
For all our(United States) faults, what I am most proud of is that corrupt individuals are eventually caught. It might take too much time, but in the end; they are usually caught.
Personally, I despise corruption, and nepotism! (I threw in nepotism because I believe the best person should get the job, not the guy who has networked the most? Plus, it's been on my mind lately.)
Makes you wonder what will happen to the Fontainebleau in Las Vegas
That thing is incredible. For those who are unfamiliar, it is an empty, uncompleted, unoccupied multi-billion dollar resort-hotel on the Las Vegas strip that was left unfinished after the big real estate market bust of the late 2000s. The outer shell of the building was completed all the way up to the highest floor, but the interior was never finished and according to Wikipedia it would require an estimated $1.5 bill…
Also stands in a central spot right next to pretty expensive apartment buildings.
What's astounding is that the regional government can fund something to the tune of millions of dollars, then red tape it to death. Almost makes me wonder if the project failed due to the vicissitudes of political climate. Those sorts of politics happen in companies too, which makes me wonder if there are similar "almost done, could be great, but never quite finished" pieces of software.
Absolutely there are. I worked on one project with ~30 other devs on one project for 3 years, then a change of management high up somewhere brings in a new guy who wants to make an impact, so he kills it and has the whole thing rewritten on a newer platform.
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So? It's the same story in countries with highish levels of corruption.
I don't care what political/economic system you have; if you don't have a way of Stomping out corruption--your system won't work, or won't work very long. For all our(United States) faults, what I am most proud of is that corrupt individuals are eventually caught. It might take too much time, but in the end; they are usually caught. Personally, I despise corruption, and nepotism! (I threw in nepotism because I believ…
Individuals, perhaps, but not groups. George Will has a great column today about whaling museums, the mohair subsidy and sugar tariffs, as examples of the sort of petty corruption which we fall prey to.
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That is the official excuse, but those malls are crappy, where did the money really go? Bank lends money to SOE, SOE is told by CPC to build, SOE contracts out to some cronies, cronies subcontract out to more cronies, and so on...lots of cuts are taken, and finally something cruddy gets built that isn't useable but it doesn't matter since it isn't needed anyways. We would be better off paying migrant workers to dig a…
Tearing down monstrosities doesn't seem all that worse to filling the holes back in to me!
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I don't care what political/economic system you have; if you don't have a way of Stomping out corruption--your system won't work, or won't work very long. For all our(United States) faults, what I am most proud of is that corrupt individuals are eventually caught. It might take too much time, but in the end; they are usually caught. Personally, I despise corruption, and nepotism! (I threw in nepotism because I believ…
> For all our(United States) faults, what I am most proud of is that corrupt individuals are eventually caught. Individuals, perhaps, but not groups. George Will has a great column today about whaling museums, the mohair subsidy and sugar tariffs, as examples of the sort of petty corruption which we fall prey to.
Earlier quoted context omitted.
China's corruption is almost all a byproduct of rapid growth. Italy's lacks that growth right now so their corruption is coming from somewhere else, perhaps intrinsic.
Did you just say that Italians are intrinsically corrupt people? I hope that's not what that meant.