Does anybody out there have any memory of the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter Administration?
No? Didn’t think so.
Bottom line: we’ve spent several hundred billion dollars in support of an agency the reason for which not one person who reads this can remember.
Ready? It was very simple, and at the time everybody thought it very appropriate.
The Department of Energy was instituted on 8-04-1977 — TO LESSEN OUR DEPENDENCE ON FOREIGN OIL.
HEY, PRETTY EFFICIENT, HUH? AND NOW IT’S 2008 — 31 YEARS LATER AND THE BUDGET FOR THIS NECESSARY DEPARTMENT IS AT $24.2 BILLION A YEAR. THEY HAVE 16,000 FEDERAL EMPLOYEES, APPROXIMATELY 100,000 CONTRACT EMPLOYEES AND LOOK AT THE JOB THEY HAVE DONE!
THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY ‘WHAT WAS I THINKING?’ Ah yes, good ole Bureaucracy. And now we are turning the Banking system over to them? God Help us.