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The Governmental Revolving Door of Private-Sector Crony Capitalist: A Morale Buster for Civil Servants

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opednews.com Headlined to H3 9/25/16

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Undersecretary for international trade, Stefan Selig wrote in his Washington Post LTE:

“no good deed goes unpunished” when a successful business executive takes a position in government.

“I sincerely hope this does not deter other private-sector leaders from serving their country,” the letter said

Congress should evaluate if successful business executives taking positions in government benefits the average American or their private-sector peers and themselves once they return to their former industries. In addition, how can these millionaires/billionaires working side by side with the average federal civil servant trying to scratch out a living not be a morale buster?

This incident should deter Congress from approving the most egregious crony capitalist from serving in government.

Read the rest of the story HERE:

At www.washingtonpost.com

 

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A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)
 

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