Yeah, how about it?
I know I am not the only American taxpayer who feels like they have been taken for a ride over the past 5 years. (And before, but especially since the Crash.) We want our money back.
(From Real Clear Markets)
Against all this talk of fairness, however, the clawback caucus has been remarkably quiet about applying the same ex post facto accountability to the public sector. And, in light of the recent abuses uncovered at several government agencies, it seems high time to consider the case for recouping bonuses paid to misbehaving government employees on par with their private sector counterparts. By way of example, last year the VA awarded more than $380,000 in bonuses to top executives at VA hospitals where investigators are examining claims of manipulated or falsified appointment records and excessive delays in patient care. The IRS too awarded tens of thousands of dollars to officials involved in the Service’s questionable actions against tax-exempt applicants. This past week, the Commerce Department’s Inspector General found that $5 million was paid to paralegals at the U.S. Patent and Trademark Office who “seemed content to have idle time while collecting full salaries and benefits.” Perhaps someone in government should repay a bonus for providing advice that the 2012 recess appointments to the National Labor Relations Board were appropriate. Once that advice proved mistaken, roughly 100 cases heard by the Board and a whole host of other administrative, personnel and procurement actions were invalidated at great cost.