Sense on Cents

The political game of “quid pro quo”, another version of “payola”, used to have a degree of discretion. No longer.

In a bold and blatant message provided by Detroit City Council member JoAnn Watson, the racket of political payoff comes out of the backroom for all the world to see. Is this what the future of America looks like? The misguided and ill-conceived policies of ineffective politicians and their cronies take their case to Washington for a bailout from their friends in high places.

Many of our forefathers are certainly rolling over in their graves this morning.  The clip only runs 55 seconds. I hope the impact on you lasts a lot longer than that.

Fox 2 News Headlines

God help us.

Larry Doyle

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I have no affiliation or business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.

This entry was posted on Wednesday, December 5th, 2012 at 10:23 AM and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.