FCC: ‘Prime Example of Institutional Corruption’
In a new publication just released from Harvard University, Norm Alster examines how the Federal Communications Commission (FCC) is dominated by the industries it presumably regulates.
“The FCC‘s network of corruption doesn‘t just shield industry from needed scrutiny and regulation on matters of public health and safety. Sometimes it just puts its hand directly into the public pocket and redistributes that cash to industry supplicants.”
“The General Accounting Office (GAO) has issued several reports citing fraud, waste and mismanagement, along with inadequate FCC oversight of the subsidy program. Bribery, kickbacks and false documentation can perhaps be expected in a handout program mandated by Congress and only indirectly supervised by the FCC. But the scope of fraud has been impressive.”
SNIP
Read the post here.
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