Residents finally moved into the gut-renovated Bushwick Initiative buildings across the street from me this weekend, four months after they were completed. Oh, the Bushwick Initiative? That’s where the City uses your tax money to fix up someone else’s private property for them, with a guarantee that all the people who lived there before can move back in afterward — with the same rent, of course. Where these families have been warehoused for the past two years, I can’t imagine, I mean — what are they, cattle? Don’t they have plans and dreams? They just live wherever the City plops them? What is the point of this?

Well, whatever, it seems like a great deal for everyone involved: the landlord gets his building overhauled for cheap and doesn’t even have to hire his own contractors; the tenants get fancy new apartments for the same rent which they can somehow — isn’t the point of regulated rent to help the poor? — then afford to fill with a truckfull of new furniture (see photo above); and the political bosses get to keep their subjects in Bushwick, while appearing far-sighted and magnanimous. Who am I missing? Oh yeah, the taxpayers who fund all of this, especially the losers who were unsavvy enough use their own damn money to invest in this neighborhood only to be spit in the face by this whole crooked, corrupt “Urban Renewal, Fourth Time’s a Charm!”

Is it even necessary to mention that Bushwick is exactly as rundown as its proportion of rent-regulated apartments would suggest? The Bushwick Initiative is just the City putting a sad little band-aid on the giant ax wound it created in New York’s housing situation.

The bright side is that ultimately, none of this matters. The desperate fight against the natural order of the market, though backed by practically unlimited pools of cash looted from middle class pockets, is failing on the most important front: the big picture. For all the City and “private” organization RBSCC‘s idiotic talk of “revitalizing commercial corridors” though this or that program, it’s happening without them as entrepreneurs take their own initiative. So they renovated a handful of crappy apartments here and there in an arbitrary bit of Bushwick? Well, sorry, no medal for them — developers and landlords have rehabbed and built thousands of units in Bushwick in the same time. Bureaucracy is so dumb and lumbering it doesn’t even realize its much-touted grand efforts are but a drop in the bucket compared to what ordinary people, working mostly in their own interest and of their own direction, have done for Bushwick.

That’s initiative.