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the Secret Service has an annual budget of almost $2.5 billion (though they do have some responsibilities aside from protecting POTUS)
by missedthecue 5y ago
the Secret Service has an annual budget of almost $2.5 billion (though they do have some responsibilities aside from protecting POTUS)
- runevault 5y agoI mean, the protect EVERY living president not just the current one.
- MerelyMortal 5y agoThey also protect visiting foreign dignitaries. And they get to use more exciting/expensive tools that would otherwise be illegal for private citizens/companies to use.
- CivBase 5y agoAnd the extent of their protection is not comparable to anything some rich CEO should have. Zuck doesn't need snipers on the roof and armed soldiers hiding in bushes around his house.
- missedthecue 5y agoAnd he doesn't have to transport a 20,000lbs limousine and ~40 other vehicles behind a private jumbo jet wherever Zuckerberg travels.
- MagnumOpus 5y agoUS Presidents don't have to, either. No other elected officials apart from the POTUS do, not even similarly-hated ones like Xi, Bolsonaro or Putin. They spend the money because it's not their money, because they can, and to flex on other leaders who are more budget conscious. Even for Zucks a billion a year on security theater would be a bit rich - because he spends his own money.
- favorited 5y agoWhatever private security firm Zuckerberg uses is going to be closer to mall cops than the Secret Service.
- e-clinton 5y agoPretty naive considering the amount of money FB and Zuck roll in
- GravitasFailure 5y agoHe probably has mostly off duty/retired cops working for him so they can bypass concealed carry permit restrictions and let them all carry firearms in every state under LEOSA. It's also a good way to avoid jurisdictions that are very restrictive with issuing CCWs since they sometimes require bribes as part of the application process[0][1]. [0]https://www.sccgov.org/sites/da/newsroom/newsreleases/Pages/NRA2020/CCW-Undersheriff-Sung-.aspx https://www.sccgov.org/sites/da/newsroom/newsreleases/Pages/... [1]https://sanfrancisco.cbslocal.com/2021/08/17/update-embattled-santa-clara-county-sheriff-laurie-smith-says-she-wont-resign/ https://sanfrancisco.cbslocal.com/2021/08/17/update-embattle...
- fedreserved 5y agoOne if their main duties is to go after counterfeiting of the currency. In fact it's what they were founded to do https://www.secretservice.gov/about/history https://www.secretservice.gov/about/history We are one of America’s oldest federal law enforcement agencies, originally created in 1865 to stamp out rampant counterfeiting in order to stabilize America's young financial system. By the end of the Civil War, nearly one-third of all currency in circulation was counterfeit. As a result, the country’s financial stability was in jeopardy. To address this concern, the Secret Service was established in 1865 as a bureau in the Treasury Department to suppress widespread counterfeiting.
- GravitasFailure 5y agoAnother bit of trivia: Lincoln signed the bill creating the secret service on the day of his assassination, which is why the Treasury is tasked with executive protection.
- snowwrestler 5y agoWell, they were. Secret Service moved from Treasury to DHS after 9/11.
- JohnJamesRambo 5y agoWill you ever address this counterfeiting? https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL
- snowwrestler 5y agoThe Secret Service is one of the largest federal law enforcement agencies, responsible for investigating most financial and computer crimes. They have thousands of investigators and over 100 field offices in the U.S. (more than the FBI).
- bigiain 5y agoSome people get paid to investigate financial and computer crimes, other people get paid better to commit them... "Hey Sheryl, where are we gonna hide our offensive computer security team's budget?" "Let's put them dozen as 'personal security' for Mark."
- dragonwriter 5y ago> the Secret Service has an annual budget of almost $2.5 billion (though they do have some responsibilities aside from protecting POTUS) In much the same way that the USMC has some functions besides providing West Wing sentries.