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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.

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Presentation on theme: "Government Corporations Who owns AMTRAK and the Postal Service? The Government. But why? – Public services Mail (USPS) Transportation (AMTRAK) Mortgages/Loans."— Presentation transcript:

1 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

2 Government Corporations

3 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

4 The FCC monitors events like the Super Bowl

5 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)

6 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

7 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

8 Diagram of Homeland Security Dept.

9 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

10 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


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