I’ve said it many times and I’ll say it again: The government is the single biggest threat to wealth in this country. Employees of the federal government are using their government issued credit cards (or purchase cards as they call them) to buy everything from baseball tickets to lingerie to breast implants.
The US Senate released a report on government credit card abuse on April 7th, 2008. Government credit card abuse isn’t new. Government employees have been abusing the cards for as long as there’s been a government credit card.
POGO, a non profit government watch dog, has been working on federal government credit card abuse since 2002. What’s amazing is that the abuse can continue for that long. While politicians grand stand about universal health care, the war, immigration and a host of other issues, a real problem isn’t addressed.
The OMB (Office of Management and Budget) is asking congress for authority to crack down on the abuse. Wait a second, you might ask, can’t these employees get fired for unauthorized charges on government credit cards? Apparently not as the OMB is asking for a bill to allow them to fire employees and prosecute them for fraud.
This is the most ridiculous thing I’ve ever heard. A government employee can outright steal from the US government and they can’t get fired? Imagine if you did something like this at the company you worked for, what would happen to you? Would your boss ask someone else for permission to fire you? You’d be thrown out the front door and into a waiting police car.
The next time you’re wondering if it’s ethical to seek out every tax deduction possible think about that government employee buying his girlfriend a new Victoria’s Secret bra and new breasts to go with it.
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[...] Government employees squander money for lavish dinners, trips, lingerie and God knows what else, the American population is bracing for [...]