There are many ways to lower defense spending. 1 – Retiring military personnel who work with corporations on government contracts should be banned from working for, or on behalf of that company, for 2 to 5 years.2 – Senators and Congressmen leaving office should be banned for the same length of time.3 – Ban legislators from voting on contracts or bills in which they have a financial interest. Not the way I want to say that, but basically, make them easier to fine/punish if a reasonable connection between a government contract and the performance of their stock portfolio can be identified. 4 – Create 1000 to 10000 new positions to be filled with accountants, auditors, inspectors, regulators, and enforcers. These positions can be transfers from downsizing the military and other government offices, so there would be no need increase payroll.. Give these inspectors guidelines/laws/rules/etc that are clear and enforce violations severely. The fines accrued would be a well earned tax on their negligence, or worse infraction and help defray costs.A single inspector, professional, supported by his office, and unafraid of upsetting an executive or contractor being inspected can keep a levee from breaching, an oil rig from exploding, a coal mine from collapsing, a building from burning,…A single auditor/evaluator/efficiency expert, with the support of supervisors and the strength of law, can save billions in lost pensions, ponzie schemes, “creative” finanicing formulas, hyper trading, foreclosures etc.If the right person is in the right place and has the confidence to know the office and people served will give support, one person can justify the 20 year budget of an entire office.In a world where nations can rise or fall based on the value of currency is a Weapon of Monetary Destruction.Respectfully,C.
May 22, 2015
Apr 12, 2017