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Are Social Impact Bonds a good way to invest in public services?
"Imagine a contract where private investors are paid by the government if there's a decrease in homelessness or convicts re-offending. It's a an idea that's taking shape in the UK and some US states. And now the Canadian government is considering piloting social impact bonds. Critics say it's a way of governments shirking their responsibilities." CBC's "The Current" reports. [more inside]
posted by flex
on Nov 20, 2012 -
An act of ‘betrayal’--Army Times (newspaper) Army Times
Sounds like the cuts the Bush gang making on social programs except these are for our MILITARY: "Commissaries and the Defense Department’s stateside schools are in the crosshairs of Pentagon budget cutters, and military advocates, families and even base commanders are up in arms.
Defense officials notified the services in mid-October that they intend to close 19 commissaries and may close 19 more, mostly in remote areas.
At the same time, the Pentagon is finishing a study to determine whether to close or transfer control of the 58 schools it operates on 14 military installations in the continental United States.
posted by Postroad
on Nov 3, 2003 -