The national media is dominated at this moment by two gigantic scandals involving the U.S. government. One involves the GSA- General Services Administration- and their excessive spending on a conference in Las Vegas. The other involves the U.S. Secret Service and their excessive behavior on a Presidential trip to Columbia. Both scandals present valuable lessons about the way our government operates.
Let’s start with the GSA. This scandal is far more important and far more indicative of how government operates. This scandal has nothing to do with sex. This scandal has to do with a far worse addiction- wasteful spending. Government employees are addicted to spending taxpayer money. The GSA spending scandal shows precisely why our country is bankrupt and over $100 trillion in debt and unfunded liabilities. Why? Because government employees are spending OPM- other people’s money.
Do you think this is an isolated event? Of course not. This wasteful spending goes on every hour of every day, at every government department. The reason is simple- they couldn’t care less because it’s not their money. It's taxpayer money- yours and mine.
I’ve been in business for 30 years. If there is one lesson I’ve learned, it’s that if you give an employee a corporate credit card with no controls on it they will spend and waste money like a drunken sailor. People who guard their own credit cards like skinflints, and won’t even order bottled water or soda at dinner when the bill is on them, suddenly order the best wine in the house when they have the company credit card.
People who pinch pennies on vacation when it’s their bill, will suddenly ask for a ocean view suite and leave 25% room service tips when they have a company credit card. People who never reach for a bill when they’re paying, suddenly set world speed records reaching for a bill when they possess a company credit card.
If it’s their home and their electric bill, they walk from room to room shutting off lights and lowering the thermostat. But if it’s their company paying the bills, they leave the lights and air conditioning on 24/7.
The GSA scandal proves this is exactly the attitude of government employees. When the money belongs to taxpayers, no bill is too big. How generous of them!
The lesson here is to immediately investigate and audit all government agencies. I’m a betting man and will stake my life savings that this exact spending orgy goes on every day, at every level of every government agency, department and program. Let’s investigate them all. Then let’s fire, without a day’s pension, every government bureaucrat and employee involved.