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Thursday, November 4, 2010

What tomorrow will bring

              
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Clearing house for greed
         Through the nineteenth Century the US became a major player on the world market and our people realized that we as a Nation are capable of massive Greed. From the profiteering of the Civil war to the early oil industry it became clear that we needed rules and regulations so we could police our selves. And there were abuses, through out the years time and time again these laws / Regulations were bent or broken to meet the needs of private greed and most of the time the violators met justice. As politics changed over the years these laws rankled some of the more greedy of our American Industry community. Some administrations felt the need to favor the forces of greed and deemed these laws as a nuisance and although they would not change the status quo the laws would be deemed low priority. The following elected government would identify the malfeasance and prosecute the violators in accordance the regulatory body and laws. The previous Republican Administration and congress  populated these agencies and courts with persons with ties to the bodies the were to be regulated claiming that this would bring fairness back to the misunderstood agents of industry. An example of the results of this policy is noted in the following  
  The two-year, $5.3 million investigation by Interior's inspector general found workers at the Minerals Management Service's royalty collection office in Denver partying, having sex, using drugs and accepting gifts and ski trips and golf outings from energy company representatives with whom they did government business.
  The investigations exposed "a culture of ethical failure" and an agency rife with conflicts of interest, Inspector General Earl E. Devaney said. 
  And so we Know that Minerals management Was the Inspection Body over seeing the drilling in the  Gulf of Mexico  
   Apparently misfeasance is one of the new prerequisites for employment by this new Congress  

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