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Government to Become Self-Financing

In the hubbub over Obamacare’s launch (the biggest trial balloon since the Hindenburg), the Kim-Kanye wedding announcement, and other highlights of the week, I missed the publication of Executive Order 13652, entitled the “Regulatory Agency Freedom Initiative” (RAFI). As noted in an earlier post, many government agencies have become profit centers for the government. The EO formalizes and regularizes the distribution of civil fines and forfeitures to government agencies, making all of them fully self-financing. Richard Reinsch was kind enough to send press coverage of this important initiative. Data on one RAFI payment stream (mortgage settlements) appear here.

Reader Discussion

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on October 26, 2013 at 16:58:37 pm

You should really include the warning that the article you linked to included:
"The satirically challenged may want to keep this in mind before they embarrass themselves quoting anything in this column as fact. "

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Devin
on October 26, 2013 at 18:55:36 pm

Devin:

You mean Generalissimo Holder did NOT say that? I am shocked as this is clearly how he behaves!! Ha, ha!!

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gabe
on October 27, 2013 at 20:42:32 pm

Yes and if you read Mr Codevilla"s pieces they are apparently self-policing - no doubt the self financing will allow the bast##ds to purchase weapons such as AR-15's - OOPS, I thought only the military could have them!
Well, schucks, what does a dope like me know?

take care
gabe

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gabe

Law & Liberty welcomes civil and lively discussion of its articles. Abusive comments will not be tolerated. We reserve the right to delete comments - or ban users - without notification or explanation.