sec and pornography – how it impacts you

Last week the Securities and Exchange Commission released a report on its investigation that has set off a buzz across the nation.  In a federal agency which bears the responsibility of oversight on the country’s financial institutions, more than 30 employees, more than half of which were paid salaries between $100,000 and $225,000, were viewing porn on the taxpayers’ dime.   Here’s a sampling of the news reports:

ABCNews.com – How Big is the SEC’s Porn Problem?   “So what was the Securities and Exchange Commission doing while the economy fell to pieces?”

ABCNews.com – SEC Pornography Problem: Employees Spent Hours Surfing Porn Sites  “These guys in the middle of a financial crisis are spending their time looking at prurient material on the Internet,” said Peter Morici, a professor at the University of Maryland and former director of the Office of Economics at the U.S. International Trade Commission.  “It’s reckless, and indicates a contempt for the taxpayer and the taxpayer’s interest in monitoring financial markets,” Morici said.

ABCNews.com – SEC and Pornography: Workers Spent Hours on Porn Sites Instead of Stopping Fraud  The Securities and Exchange Commission is supposed to be the sheriff of the financial industry, looking for financial crimes like Bernard Madoff’s Ponzi scheme. But the new report, obtained by ABC News, says senior employees of the SEC spent hours on the commission’s computers looking at (porn).

The Washington Times – SEC porn peekers at work confess  “I think it was just arrogance and ignorance on my part,” one worker said. “You know, I mean … I didn’t intend to hurt anybody.

CNN – Report: SEC staffers watched porn as economy crashed As the country was sinking into its worst financial crisis in more than 70 years, Security and Exchange Commission employees and contractors cruised porn sites and viewed sexually explicit pictures using government computers, according to an agency report obtained by CNN.

MSNBC.com – SEC employees surfed porn as economy fell One senior attorney spent up to 8 hours a day downloading porn. 

Concerned Women of America – Getting paid by taxpayers to watch porn  While the United Stated was spiraling into a recession, high-ranking government employees were really enjoying their work—they got to watch pornography all day on their work computers at the expense of American taxpayers. Now all of those other scandals regarding lack of oversight and enforcement at the SEC make a lot more sense. 

Pornography isn’t private – its negative impact is felt by families, communities and our nation.