A recent story in the New York Times details how the Federal government has found fraud in over $6B in credit card transactions. My guess is none of these people have been fired or have had their cards confiscated. In the private sector people get terminated for these issues. Why? Because business has to be profitable to survive. Wasting $6B makes it very hard to be profitable. The Feds do not have to worry about this small inconvenience, they just tax the citizens more.
I have had to fire someone over credit card fraud. It is no fun firing someone, but it has to be done. It is stealing. These people that commited fraud have stolen money from all Americans.
It should not surprise anyone that a problem was found. This article from Washington Post in 2001 (Government Credit Cards Growing) gave clues to the problem years ago. Government is not made up entirely of employees that are concerned about the general welfare of all people. It is made up of people that apparently have no problem stealing from their neighbors.
This is just how much fraud was uncovered. My guess is this is just the beginning.
Friday, April 11, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment