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CORRUPTION

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Economic Effects of Corruption Governor Jon Corzine s Solutions Open Bidding Pressure to be more efficient Competition * Job of the Journalist is to inform the ... – PowerPoint PPT presentation

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Title: CORRUPTION


1
  • CORRUPTION

2
CORRUPTION
  • 1) impairment of integrity, virtue, or moral
    principle
  • 2) decay, decomposition
  • 3) inducement to wrong by improper or unlawful
    means
  • 4) a departure from the original or from what is
    pure or correct

3
Role of Media
  • To inform the public with accurate information of
    public interest in a synchronized manner
  • To serve as a link between the citizens and their
    government

4
Media Bias Vs. Media Corruption
5
Media Bias
  • Reflection of the reporters preference
  • Journalists either are in favor or against their
    subject and give appropriate coverage based on
    their liking
  • Leads to a loss of trust from the public
  • Media Bias is usually detectable

6
Media Corruption
  • Use of criminal devices to manipulate or defraud
    the public
  • Journalists fabricate stories, create fraudulent
    documents to pass them off as evidentiary facts
  • Public loses all sense of proportion to what is
    actually important

7
Corruption in Politics
The Role of the Media
8
3 Ways to Define Political Corruption
Political Corruption defined by
  1. Violation of Public Interest
  2. Committing an illegal Act
  3. Public Opinion

9
Why Does the Media Play a Role in Political
Corruption?
10
  • Corruption Sells!
  • No Checks Balances within Freedom of the Press
  • Lack of Independent Press
  • Relations Between Media and the Government
  • Censorship
  • Different Views on Corruption

11
Possible Solutions
  • Regain credibility
  • High Paying Reporting
  • Independent Press
  • Less Censorship
  • Challenge Debate
  • Expect to be Challenged

12
Examples of Corrupted Politicians In New
Jersey
13
Martin Barnes (54)
Position Paterson Mayor Charges 40-count
indictment charges for accepting
bribes in exchange for city
contracts
Convictions Accepting bribes in exchange for
city contracts Sentence 37 Months in
Prison
14
Sara Bost (55)
Position Irvington Mayor Charges 5-count
indictment charges for
accepting bribes and tampering with
witness
Convictions Single-count of tampering with
witness Sentence 1 year in prison
15
Anthony Impreveduto (32)
Position Hudson County
Assemblyman Charges Embezzlement
Convictions 3rd degree crime of misapplying
entrusted property (campaign funds) 4th degree
crime of misrepresenting expenditures Sentence 5
years probation
16

Milton Milan (38)
Position Camden Mayor Charges 19-counts of
Corruption
Convictions 14-counts of Corruption Sentence 7
years in prison
17

Anthony Russo
Position Hoboken Mayor Charges Extortion and
Bribery
Convictions 3-counts of mail fraud Sentence 30
months in prison
18
Independent Authorities
19
Independent Authorities
  • Abuse their powers
  • Act as Quasi Governmental Agencies
  • Also known as Shadow Government
  • Misspent hundreds of millions of taxpayers money
    in NJ

20
Independent Authorities
  • Projects are closed to the public and hardly
    regulated by the government
  • These agencies have
  • Initiated huge projects
  • Awarded no-bid contracts
  • Hired political insiders
  • Amassed enormous amount of debt

21
For Example
  • The School Construction Corporation (SCC)
  • Formed to build public schools in an efficient
    and cost effective manner

22
Independent Authorities
  • Governor Cody of the (SCC) requested a report of
    findings after conducting a review to the state
    of NJ Office of the Inspector General
  • Determined existence of areas of inefficiency
  • Found 8.6 billion in funding to be wasteful

23
Independent Authorities
  • Employees paid high salaries with bonuses
  • Unnecessarily large staff
  • State owned vehicles
  • Awarded contracts without Board approval

24
Independent Authorities
  • Office of Inspector General recommended (SCC) to
    completely overhaul its agency
  • Such as strict regulation for agencies
  • Contracts must be verified by Board as being
    based on Merit Value
  • Governor Corzine made effort to ban corruption in
    independent authorities of New Jersey

25
Independent Authorities
  • In 2006, Corzine signs executive order
  • requiring the New Jersey Turnpike Authority and
    other agencies to provide more complete and
    frequent public disclosures of financial
    performance and other operations
  • The Record, Bergen County, NJ

26
Independent Authorities
Good governance, we believe, will have a strong
impact on our economy. By making government more
honest and transparent, we can bring new business
and new jobs to New Jersey Governor Corzine
27
Economic Effects of Corruption
28
  • New Jersey is one of the
  • Most Affluent States in the Nation
  • 2nd Highest Average income
  • Most Densely Populated State

Economic Effects of Corruption
29
Economic Effects of Corruption
  • New Jersey has high Taxes!
  • The highest taxes on Property
  • 2.40 on a pack of cigarettes
  • Third Largest Sales Tax as a percentage
  • High Income Tax

30
Economic Effects of Corruption
  • Former Governor Richard Codey said,
  • the state is pretty much broke.
  • How is a state with so much money broke?
  • Why are New Jersey is not seeing the proper
    compensation for the money we pay in taxes?

31
Economic Effects of Corruption
  • Whats Wrong with Bribes?
  • Not Just a Moral Issue
  • Hurts Competitive Markets
  • Higher Costs for a Worse Product

32
Economic Effects of Corruption
  • Albert Robles
  • Former Treasurer of South Gate California
  • Two Million Dollars of Bribes
  • Cost the City Twenty Million Dollars

33
Economic Effects of Corruption
  • Recent Events
  • Real Estate Developers being arrested
  • Brick Township Major Resigns

34
Economic Effects of Corruption
  • Governor Jon Corzines Solutions
  • Open Bidding
  • Pressure to be more efficient
  • Competition
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