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SEC More Interested In Watching Porn Than Wall Street

Posted By Paul Cooper On April 24, 2010 @ 2:50 am In NewsReal Blog | No Comments

Your tax dollars hard at work.

When our financial institutions were falling a part what do you think the Security Exchange Commission was doing? You would think the SEC was paying attention to any fraud and business impropriety.  They are supposed to be the watchdog of public businesses.  It turns out that just when we needed the SEC to focus on Wall Street they were too busy viewing the online red light district.  I guess the SEC is really all about S-E-X.

On Friday ABC news broke the story that while the stock market was crashing, high ranking members of the SEC were spending all their time watching porn on their computers.  At least 31 cases were discovered of people spending extensive time at work viewing porn.  That’s not a high percentage of employees, however, 17 of those 31 were senior officers making about $100,000 to $220,000 a year from the tax payers.

Jack Cafferty uncovered a lot of the facts on CNN:

“As Wall Street brought the nation to the brink of financial collapse…some of our, so called, top government regulators were spending hours a day watching pornography on government computers instead of watching the investment bankers on Wall Street who were going South with the economy.” – Jack Cafferty

When you hear some of the details of these offenses it only gets worse.

“A senior attorney at the SEC’s Washington headquarters spent up to eight hours a day looking at and downloading pornography. When he ran out of hard drive space, he burned the files to CDs or DVDs, which he kept in boxes around his office. He agreed to resign, an earlier watchdog report said.” – AP News

What?  Eight hours a day?  I don’t care what your view on pornography is, there is nothing healthy about viewing porn eight hours a day.  And there is nothing healthy for our economy to have seniors SEC staffers spending their work days viewing, downloading, and storing porn all over their offices.  Why in the world was this not caught earlier?

“An accountant was blocked more than 16,000 times in a month from visiting websites classified as “Sex” or “Pornography.” Yet, he still managed to amass a collection of “very graphic” material on his hard drive.” – AP News

This guy only got a 2 week suspension for this behavior.  How much time would it take to attempt to view 16,000 websites in one month of work time?  If the guy used that much time looking up recipes at work he should have been fired – let alone “very graphic” images.

Another accountant attempted to view 1,800 porn websites in a two week period and had over 600 pornographic images saved on her computer.  And yet another accountant was uploading his own private sexual videos to his work computer, so he could put them on adult sites.  Who knew SEC accountants spent their days pretending to be XXX superstars?

Right when President Obama seeks more oversight power for the SEC we realize it’s the SEC who needs a little more oversight.  How can we trust the government to hold various groups accountable when they lack any accountability themselves?  There is no excuse for the behavior of these men and women using the tax payer’s time, equipment, and money for their porn addiction.  Hopefully stories like these will keep people from believing the Left’s lie that government is the solution to the problem.  Government often becomes the problem.


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