You can learn a lot by reading the papers two days in a row! On Sunday, June 9, the NY Post reported that "Homeless-housing" nonprofit businesses are "booming." These so-called "nonprofits" deliver huge profits to their politically connected crony capitalist operators.
Yet on Monday, June 10, the Post reported that the NYC Housing Authority is "cash-strapped" due to the dreaded federal sequestration "cuts."
So crony capitalist "nonprofits" are booming from payments from the NYC Housing Authority and the NYC Housing Authority is "cash-strapped" from payments to crony capitalists. And it's all the fault of sequestration (and Bush)!