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Yet another example showing that no profitable company could ever be run like the Federal government and continue to exist. Aren't you glad you paid your taxes
by xacaxulu 13y ago
Yet another example showing that no profitable company could ever be run like the Federal government and continue to exist. Aren't you glad you paid your taxes on time this year?
- cowsandmilk 13y agoYou should study companies and their real estate portfolios. There are a number of companies sitting on vacant properties that are intentionally unused. As an example, most pharmaceutical and chemical companies have large unused facilities that sit empty while the company is churning out billions of profits a year. The main reason is that these sites are contaminated and the companies are afraid of liabilities from selling the properties. Funnily enough, this is exactly the first hurdle the article says the federal government faces in selling their properties. Guess the corporate world ain't that different.
- aric 13y agoThe difference is that one isn't forced to unwillingly pay those unaccountable companies (the scourge of a government's corporate subsidies notwithstanding).