The SEC Porn Mongers

Carol Platt Liebau
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Posted: Apr 22, 2010 10:17 PM
So now it turns out that some of the the financial industry's cops at the SEC spent hours looking at internet porn rather than doing their jobs.  Note that half of the most egregious offenders were senior officials making in excess of $100,000 per year.

Could such a thing happen in the private sector?  Of course.  But the difference is (1) we're not paying those people for their time with our tax dollars; and (2) their purpose is not to monitor the rest of us.  So what they do is their own business.

In contrast, what government employees do is everyone's business -- at least everyone's who pays taxes.

And with President Obama knocking himself out to insert more government oversight into every American's life -- whether it's health care, the financial industry, or even our salt intake -- it's particularly galling to be reminded once again that our government overlords may not be all that their booster in The White House wants us to believe they are.