The Fake Factory That Pumped Out Real Money
It's a typical case of creating a wrong metric and then steering by it.<p>I really don't like these 'credits' systems, the same goes for CO2 credits and all the other systems out there like this. They're a magnet for fraud and rarely if ever serve to actually remedy the issue they're aimed at.<p>It's just a way to move money around, not to solve problems.<p>The interesting bit here is that is actually quite hard to figure out why what they did was illegal, at first glance you'd say that the agency that created the opportunity is <i>just</i> as culpable as those that took advantage of it, it doesn't take genius to figure out that this would lead to trouble.<p><a href="http://econlife.com/2012/04/government-guidelines-and-unintended-consequences/" rel="nofollow">http://econlife.com/2012/04/government-guidelines-and-uninte...</a>