Friday, April 23, 2010

The Sullied Sentinel

The Securities and Exchange Commission has been charged with stewardship over our financial system. Apparently, we have not been left with a fox guarding the hen house but with the fox and vixen having quite a bacchanal inside. A number of SEC employees, including some at senior levels, were allegedly using their government computers to surf pornography, in some cases for hours at a time. We must conclude that during a period of unprecedented Madoff-style impropriety, alleged and in some cases, in fact confirmed outright illegality occurring right and left in US markets, those charged with regulation and enforcement were not carrying out the duties for which our tax dollars are confiscated, but doing what those fleeced taxpayers do not even want to imagine on Federal payroll time.

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