US Govt Corruption-fest: One third of top EPA officials also invested in companies they oversee

Posted by freedomforall 1 year, 7 months ago to Government
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"Wall Street Journal — bless them — analyzed 12,000 officials at 50 federal agencies and sifted through 850,000 financial assets to uncover a seething well of graft, grift and pilfering. As the WSJ prosaically says, “The federal government doesn’t maintain a comprehensive public database of the mandatory financial disclosures of all senior executive-branch officials. So The Wall Street Journal built its own.”

There were problems everywhere but the Environmental Protection Agency (EPA) got the first mention on the “Six Takeaways” list of government corruption. Who would have thought that a public body holding the purse-strings to the rest of the economy, with vague ill-defined, unmeasurable long term goals would become so corrupt. More to the point, who would have thought they wouldn’t?

With so many public officials making out like bandits the point of carbon credits is not to change the weather, it’s a Bureaucrat Investment Tool. With the power to ban or gift exemptions to favoured firms, bureaucrats can insider trade their way to retirement."

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