‘Pay-to-Play’ politics awards government contracts to big campaign donors. The examples are astounding: Six hundred city vendors gave Mayor Rahm Emanuel $7 million in campaign cash over the past four years, and received over $2 billion in city payments since 2002. Clearly, the corrupt Daley political machine continues. Legalized money-laundering schemes continue to fill Emanuel’s campaign coffers despite his pledge to end insider influence. Emanuel is not the problem. Collectivism is. As long as the city holds vast political power and wealth, it will be a magnet for crooks and con artists – forever.
InvestmentWatch
This post was published at Investment WatchBlog on March 28th, 2015.
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