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