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Government Corporations. Who owns AMTRAK and the Postal Service? The Government. But why? Public services Mail (USPS) Transportation (AMTRAK) Mortgages/Loans (Fannie/Freddie) To give the government extra revenue. Government Corporations. Regulatory Commissions.
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Government Corporations • Who owns AMTRAK and the Postal Service? • The Government. But why? • Public services • Mail (USPS) • Transportation (AMTRAK) • Mortgages/Loans (Fannie/Freddie) • To give the government extra revenue
Regulatory Commissions • These agencies are designed to make sure laws are being enforced and to protect the public • Federal Communications Commission (FCC) • Regulates TV, radio, telephone, internet • Securities and Exchange Commission (SEC) • Regulates the stock market • Federal Reserve (FED) • Sets interest rates for banks
Other Agencies in the Exec. Branch • Central Intelligence Agency (CIA) • NASA • National Science Foundation • Environmental Protection Agency (EPA) • Farm Credit Administration • Internal Revenue Service (IRS) • Federal Bureau of Investigation (FBI)
Bureaucracy • Refers to the complex structure of the government (agencies, etc.) • Bureaucracy is basically network of agencies that make up exec. branch • Word is sometimes used pejoratively • Red tape = used to describe the inefficiency caused by a large bureaucracy • Days to get a single memo through entire department • Department of Motor Vehicles
Pros/Cons of Bureaucracy PROS CONS 1.) Specialized 1.) Red tape 2.) Treats everyone fairly 2.) can be 3.) Provides services slow/inefficient 3.) Necessary to run 3.) Some critics our government argue bureaucracy is too large
How do you work for the Bureaucracy? • Employment in bureaucracy was once based on the spoils system • Receiving jobs for being in a political party or knowing somebody • This led to corruption and inefficiency
Civil Service System • Pendleton Act 1883 – • Created Civil Service Commission • You can only get a govt. job by passing a civil service test • Therefore, jobs based on ABILITY AND EFFORT not who you know