SMRs and AMRs

Thursday, May 28, 2015

Polluted Political Games

Nicholas Kristof, NYT
MAY 28, 2015

I’ve admired the Clintons’ foundation for years for its fine work on AIDS and global poverty, and I’ve moderated many panels at the annual Clinton Global Initiative. Yet with each revelation of failed disclosures or the appearance of a conflict of interest from speaking fees of $500,000 for the former president, I have wondered: What were they thinking?

But the problem is not precisely the Clintons. It’s our entire disgraceful money-based political system. Look around:

• Gov. Chris Christie of New Jersey accepted flights and playoff tickets from the Dallas Cowboys owner, Jerry Jones, who has business interests Christie can affect.

• Senator Marco Rubio of Florida has received financial assistance from a billionaire, Norman Braman, and has channeled public money to Braman’s causes.

• Jeb Bush likely has delayed his formal candidacy because then he would have to stop coordinating with his “super PAC” and raising money for it. He is breaching at least the spirit of the law.

When problems are this widespread, the problem is not crooked individuals but perverse incentives from a rotten structure.

(More here.)

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