Friday, January 09, 2009

FBI Looking for Terrorists contributes to pervasive Financial Fraud

Turns out that all of these Ponzi schemes and otherwise financial fraud might not be as prevalent if the FBI allocated as many resources as in the past to stopping these crimes. Unfortunately, the Bush administration's emphasis on terrorism put more FBI officers chasing bad guys that may or may not exist and less on things that are now putting people on the streets. Another endearing chapter in the Bush administration legacy.

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