Government Protection Rackets
Officials of government may demand bribes to look the other way or extort something of value from citizens or corporations in the form of a kickback. It need not always be money. A lucrative job after leaving office, may have been in exchange for protection offered when in office. Payment may also show up indirectly in the form of a campaign contribution. Stopping governments agencies as a whole, and buying protection in the government is called regulatory capture.
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Famous quotes containing the words government and/or protection:
“To suppose that any form of government will secure liberty or happiness without any virtue in the people, is a chimerical idea.”
—James Madison (1751–1836)
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