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.
Read more about this topic: Protection Racket
Famous quotes containing the words government and/or protection:
“It does seem strange that the only place in the government which I would have liked to fill myself I am forced to give to another.”
—William Howard Taft (1857–1930)
“What is marriage, is marriage protection or religion, is marriage renunciation or abundance, is marriage a stepping-stone or an end. What is marriage.”
—Gertrude Stein (1874–1946)