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Forgive me for playing devils advocate, but how is this different from the existing responsibilities of the SBA and the SBIC? It looks more like an expansion o
by seigenblues 16y ago
Forgive me for playing devils advocate, but how is this different from the existing responsibilities of the SBA and the SBIC? It looks more like an expansion of the existing small-business incentive programs than some sort of nefarious scheme.
In this case, a private individual (e.g., Bob Smith) would be more likely to take advantage of the possible malicious asymmetries you point out than Uncle Sam.
Not that i say that from any sort of idealism about the government: Rather, i don't think the level of organization & complicity required for these panicky worst-case scenarios is present, not across the range of civil-servants who would all have to be "in on it"
I.e., yes, a private person could go in with a take-no-prisoners approach, but the government itself is neither so ambitious nor so concentrated. I think you're getting frothed up -- can you point to widespread, existing corruption in the SBA or SBIC?