Detroit Councilwoman Wants Obama-Money
Posted by Larry Doyle on December 5, 2012 10:23 AM |
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.
God help us.
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.