Wednesday, October 29, 2014

Red Cross disasters wouldn't be hidden so easily if it were a for profit public company

One of the problems with not for profits being large scale service providers is that lacking owners, no one scrutinzes their operational performance or use of capital carefully. Paradoxically the tax subsidies we give them result in less accountability and efficiency, not more.

Read more about hidden Red Cross blunders at the link.

http://pjmedia.com/instapundit/197431/

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