Sunday, May 4, 2008

Republican Consistency

When it comes to the nation’s finances, Republicans in Washington have shown, shall we say, a certain lackadaisical attitude. Deficits, debts, expensive tax giveaways, lax regulations on the financial industry, Enron-omics — when it comes to looking after our money, GOP officials don’t exactly inspire confidence.

But what about when they’re tasked with looking after their own money? Well, it’s a funny story, actually.


Read the rest at the link. The gist is that lax oversight and poor internal controls led to abuse and possible fraud. Even with their own money, Republicans are incompetent managers.

The only real surprise after all of this, is how the hell do they still hold on to their reputation as prudent fiscal conservatives?