Government and corporate waste
Posted by Andrew

The media does so little to hold our government and corporations accountable for their spending.
Very seldom do we hear about these ridiculous situations in the mainstream media.
Things like the postmaster general making 800k in salary and bonuses or that ex-AIG CEO Edward Liddy didn’t really work for 1 dollar after all.
Instead we hear about these sensationalized crimes that, while certainly very unfortunate, have little affect on our day to day lives.
So little of this kind of governmental waste is revealed to the voters. Instead, we get everything the political campaigns want us to hear. Vague, general statements about how these politicians will be different and change things in Washington. Well, how are they changing things in Washington if you’re too busy campaigning and giving this speech here?
Going back to the AIG bailout fatigue, recently little has been made in the news about the multi MILLION dollar salary and bonus the new CEO will receive.
Are we, as the American public, resigned to just accept such behavior from corporate CEOs and government officials? That CEOs and politicians will always engage in such backscratching and paybacks?
“You donate to my campaign and I’ll make sure you get favorable legislation” or between CEOs, “you serve on my board of directors and back me up and ill do the same for you.”
Please, someone prove me wrong. Show me evidence that this is not the case in our fair nation.
PS: I haven’t even talked about the same kind of waste that occurs in our colleges and universities. Presidents pocket ridiculous salaries and fret over waning endowments instead of the best ways to serve our students. A waning endowment may be a problem, but not if you’re Harvard and already have MILLIONS saved.
PPS: I credit Gregg Easterbrook of ESPN’s Tuesday Morning Quarterback column for bringing these issues to light in the first place. Without him, I would never have heard of such atrocities. His affiliations and other places of contribution are also listed in the link above.