Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Diminishing Returns Threaten World Economic Stability

May 31, 2025

Mortgage rates unfazed by crazy economic headlines

May 31, 2025

The Cheapest Flights To Mexico in 2025

May 31, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Saturday, May 31
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Economic News»Waste Of The Day: Out Of Control Grants In Massachusetts
Economic News

Waste Of The Day: Out Of Control Grants In Massachusetts

April 5, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Outrageous Federal Grant Misuse Exposed in Massachusetts

Authored by Jeremy Portnoy via RealClearInvestigations

Topline: In a shocking revelation, local officials in Lynn, Massachusetts were found to have misused federal grants to fund unnecessary projects, burdening taxpayers in other cities.

The City of Lynn spent a whopping $2.8 million on renovating a goldfish pond, a Mexican restaurant, and more, utilizing multiple grants and no-bid contracts.

According to the late U.S. Senator Dr. Tom Coburn’s “Wastebook” reports, Lynn’s extravagant spending was part of a larger pattern of federal fraud and taxpayer abuse.

Senator Tom Coburn

Senator Coburn, known as “Dr. No” for his efforts to curtail wasteful spending, highlighted Lynn’s misuse of funds in his reports, which detailed numerous examples of irresponsible spending, totaling over $11.5 billion in 2010.

Key facts: Lynn’s funding originated from Community Development Block Grants provided by the Department of Housing and Urban Development.

The city’s decision to renovate its goldfish pond and other unnecessary projects drew criticism for awarding contracts to a nonprofit instead of more cost-effective private companies.

Businesses in downtown Lynn received grants to redecorate their storefronts, including a vacuum cleaner store and a video rental store.

Additional projects included a gazebo, a water play area, and a boat dock.

Currently, Lynn faces scrutiny for its high public employee salaries, with 26 individuals earning over $200,000 in 2023.

Explore government salaries and spending using the AI search bot, Benjamin, at OpenTheBooks.com.

Summary: It is crucial to remember that all public funds ultimately come from taxpayers, and oversight is necessary to prevent misuse and abuse of taxpayer money.

Stay informed about wasteful spending with OpenTheBooks.com’s forensic audits.

Control Day Grants Massachusetts Waste
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Diminishing Returns Threaten World Economic Stability

May 31, 2025

Escobar: Trilateral Summit Raises 21st Century New Silk Road Spirit

May 31, 2025

Investors must not let the tariff drama cloud their judgment

May 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

VDH: Trump’s Ukrainian Tightrope | ZeroHedge

February 26, 20250 Views

Best places to roll over your 401(k) in 2025

January 1, 20250 Views

Private astronauts in space and Nvidia reports Q2 earnings

August 25, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Economic News

Diminishing Returns Threaten World Economic Stability

May 31, 20250
Real Estate

Mortgage rates unfazed by crazy economic headlines

May 31, 20250
Personal Finance

The Cheapest Flights To Mexico in 2025

May 31, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.