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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (577528)	7/23/2010 11:33:34 AM
From: Tenchusatsu	Read Replies (2) of 1571551

Z, > That doesn't scare me. The people elect them. Politicians can hoodwink their constituents just as easily as corrupt, idiotic corporate executives that you blame for the financial crisis. The difference is that the politicians directly write the rules, so they have much more power to rig the game than corporate execs. Not only that, but politicians are often elected based on how well they can kiss up to the public, while corporate execs get to where they are partly (if not fully) on their accomplishments. Either way, you're trading one set of "smart people" for another, only this time you're giving the second set greater powers. Just look at Bell, CA, and how the political leaders of this small, poor city got away with paying themselves obscene salaries. At least until the LATimes uncovered the scandal: latimes.com No business executive can go into such a city, set up a business, and get such a fat salary and pension just through business revenues alone. Yet these politicians were able to do it using local tax money. Tenchusatsu

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