Part l of two parts
Corruption is the misuse of public or private power. Whether it
is a state bureaucrat or a company CEO, corruption is the misuse of
entrusted power for private gain.
During the gubernatorial debate last week, Democratic Gov.,
Jerry Brown chided Republican challenger Neal Kashkari for having
worked at Goldman Sachs.
Brown should remember the old proverb, “People who live in glass
houses shouldn’t throw stones.” There is likely far more
malfeasance and graft in California state government than in the
multinational investment banking firm; government bureaucrats are
not elected, and accountable to no one, while Goldman Sachs is at
least accountable to its shareholders and regulators.
I’ve written extensively about the well-documented state
corruption at the Employment Development Department, State Parks
Department, Fish and Game, Air Resources Board, Coastal Commission,
CalFire, and this year, even in the State Senate.
Scandals and corruption appear to be standard operating
procedure for government agency employees at the top. Why else
would state lawmakers make it easier for unelected… Read More