Want to see what sort of a contract a ‘crack’ law firm in Indianapolis can hammer out for a half million dollars ($451,568 to be precise, as noted by Paul Odgen in his blog article Parking Contract Could Net Politically Connected ACS More Than $1 Billion; Did City Put Taxpayers on the Hook for $2 Million?)?
See the amazing, collossal ACS parking meter lease side by side with the City of Chicago’s parking meter lease at the following link: ACS vs Chicago
(The comparison loads slowly in Internet Explorer. It’s much faster in Firefox or Chrome)
Admittedly there are deficiencies in this technique because the lines ‘break’ in different places, but it makes the differences (er, lack thereof) plainly visible.
When I went to college, we’d be given an ‘F’ and perhaps tossed out of school for such blatant plagarism. But, this is the ‘real world’ so evidently that doesn’t matter. What seems to matter is you can copy someone else’s work, fiddle with it a tad and charge Amazing, Colossal fees to your favorite client, the City of Indianapolis, and they’ll not even blink — let alone question the bill.
So see The Amazing Collossal Lease Contract today. You’ll laugh, you’ll cry, you’ll kiss half a Mil goodbye — not to mention the billions which go to ACS over the next 50 years instead of into city coffers.
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ENFORCEMENT PROCEEDINGS – SEC Charges Affiliated Computer Services, Inc. With Stock Options Backdating and False Disclosures: “The SEC’s complaint, filed in federal district court in Washington, D.C., alleges that from 1995 to 2006, ACS engaged in a fraudulent and deceptive scheme to provide executives and other employees with undisclosed compensation.”
Above is a part of a recent investigation into ACS.
Seriously folks let’s get real.
Public officials are supposed to be trustees of the commonweal, not political
buccaneers seeking their own private gain. But sometimes, in what economists call a
principal-agent problem, those trustees forsake that obligation and misuse the power
delegated to them in ways that advance their personal interests rather than those of the
public.
Corruption distorts the allocation of resources toward projects that
can generate illicit payoffs. Besides the undesirable efficiency consequences arising
from this distortion, the effect is likely to aggravate social inequalities, because the poor and powerless suffer, by definition, a comparative disadvantage in securing special favors.
If the $500,000 has to be paid if the City-County Council will not vote for the ACS deal. Pay ACS’s political blackmail scheme and get them out of town. Like all the other commentaries together with articles I’ve been reading have showed, ACS is not the kind of corporation we want in our town. Political blackmail, special interests, conflict of interests, WHERES THE FBI? WHERES THE FEDS?
Has anyone ever read ACS Ethical Standards they try to impose on their employees at the welfare office. Their employees aren’t allowed to accept even a Christmas card. Yet the CEO’s and Directors of this company have done just that.
ACS is a shameful, unethical, disgraceful hypocrite, not to mention the so called “leaders” of Indianapolis for creating this mess.
What an embarrassment to our city.