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The Forum > General Discussion > Throwing good money after bad

Throwing good money after bad

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There must be members of this forum who have witnessed this repeated scores of times over the decades.

It is worth going to the link to see the photos of destroyed property.

As a taxpayer I am damned angry at the contempt for property and waste.

<Southside Housing Aboriginal Corporation placed into administration
December 23, 2013
A Canberra-based indigenous housing organisation has been put into administration amid chaotic accounting and spiralling debt.

An investigation into the Southside Housing Aboriginal Corporation found glaring financial irregularities within the organisation, whose documents were "either non-existent, incomplete or did not match the amount withdrawn from the corporation's bank account".

In addition to substantial debts, investigators found the current directors of the corporation were all tenants in the properties handled by the organisation.

It is not the first time the corporation has been placed under administration, according to Frank Lo Pilato from RSM Bird Cameron. Mr Lo Pilato was appointed one of two administrators for the corporation on Wednesday, but could provide little comment on the assessment to date.
..
The examination also found the corporation "may have given financial benefits to related parties without following due process", and that reimbursements were given to directors for work undertaken without proper documentation.
..
Mr Armstrong said investigators also found the corporation did not follow due process in regards to membership and failed to provide documentation for directors' meetings, which are meant to be held quarterly, between July 2010 and February 2011, December 2011 and June 2013.>

http://tinyurl.com/Camberra-indigenous
Posted by onthebeach, Monday, 23 December 2013 7:27:42 AM
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hey..mate..if i dont like you
but..im too much afraid..of you[as if]
then..i wouldnt even..try to 'break-you'..only your stuff

now if we..put enough disempowerd people into the pre-ceeding of gaza[yes australia field/tested/trialed/perfected..the isolate depenend-iate..the colonized/via isolation..like the gaza solution..then of course stress has its breaking point/

so i break your words..not your face*
Posted by one under god, Monday, 23 December 2013 8:23:24 AM
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More like, 'easy come, easy go'.
Posted by onthebeach, Monday, 23 December 2013 8:33:07 AM
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i..must appologuise..for the words
see my computer..has a virus[somehow the curser is hyper sensitive
ften a second
o
often..deleting whole lumps of texs..in a go

i mention..it..because i..noted most the post i wrote had disappeared/following the final;edit

but no doudt others will say it better
as they have better words..the only..way..i can type now/allows too much gap..for new thought to/be recorded..but it is as it is..im so over posting[and nuthin changes]

arnt you?
[one quarter of the posters are just botts]
half are paid trolls..the other are lobby
or ia
m?

how do i know your not just a robot?
someytimes..their too perfect..then..when/their programing
wage/position/motivation..stops..so too..their posts..sadly*

defend what you must defend
but solutions cannot be simplistic.
Posted by one under god, Monday, 23 December 2013 8:38:59 AM
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<<Throwing good money after bad>>

So where is John Pilger ...John ...John ...over here
Posted by SPQR, Monday, 23 December 2013 9:07:05 AM
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<defend what you must defend
but solutions cannot be simplistic>

Ah, but there are many, many, reports, recommendations and even helpful guides published by the federal government's own auditor, the Australian National Audit Office over many, many years.

It is such an ill-directed, wasteful, fraud ridden mess that in recent decades the ANAO has been reduced to those very broad, global, high level recommendations such as get your strategy together, for god's sake coordinate, set performance measures, report and monitor results.

Good money after bad, continually. To be expected where the recipients don't have to work for it and consequently don't take any pride of ownership. Makes a mockery of the self-management and self-determination initiatives that have been employed over and over again.
Posted by onthebeach, Monday, 23 December 2013 9:10:21 AM
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