That, in a nutshell, is the ENTIRE PROBLEM with Washington.
The private sector has learned that a few grand invested in a corrupt D.C. politician returns an infinitely greater ROI than millions invested in new facilities, equipment or employees.
They have siphoned off a TRILLION DOLLARS from the debt trough for Wall Street, and what do these pols get? A few measly THOUSAND dollars? Really? That's all they got out of the deal? They have broken the first rule of successful criminal conduct: MAKE IT WORTH YOUR WHILE. Geez, if you are going to give away a Trillion Dollars, get a few million for it.
If this is all Clinton can get out of the trough of a Trillion Dollars, ask yourself: Is this the person we want negotiating international deals on our behalf?
I think not.
(Do I really need the /s/ tag?)
Bingo! You are right about the ROI. That is how the game works.
“The private sector has learned that a few grand invested in a corrupt D.C. politician returns an infinitely greater ROI than millions invested in new facilities, equipment or employees.”
And that’s how even my casual looking up of Munger fits into something like that. I bet that even though those green energy initiatives that Obama pushed and had the same sort of success as New Coke did in 1985 (stiffing the taxpayer big time as a result), his energy/investment firm probably collected some very tidy sums by being involved in all of that. And he is probably not the only one on that list with that sort of background.