John Ransom

Doctor Roy wrote: Well I'd say it's just par for the course. I mean just take a look at the shenanigans that took place when Dubya made all his money. I recommend perusing one of Molly Ivins books on the subject. Man, she documented it all. Especially the Texas Rangers deal. - A Vulture Capitalist Cashes in on Failure

Dear Comrade Doctor,

Yes, this is the standard response that you give when anyone points out that your heroes don’t quite live up to the ideals that they supposedly embody: “Everyone does it.”

Spoken like the true union stooge that you are.

Stealing is OK as long as each side gets their cut.   

I’m not sure what political point that you are trying to make is, but I’m of the opinion that self-dealing amongst our political class is the worst of all possible crimes. It’s the thing that has done the most to undermine the credibility of our American system in the last two decades.   

Take, for example, Obama’s real estate deal with Tony Rezko.

Obama was paid off on a real estate deal by Illinois fundraiser Tony Rezko, even though Rezko was already facing indictment for political corruption.

The deal only happened because Obama was a United States Senator at the time. As Obama told the Chicago Tribune’s editorial board when he threw himself on their mercy saying it was a “bone-head” mistake, he was already having a hard time buying the house without the cash sweetener that Rezko brought to the table.

Obama knew that Rezko was bad news, but he did the deal anyway knowing: 1) the hometown paper would give him a break, slapping him for poor judgment but not veniality; 2) the “party of the people,” the Democrats, instead of holding their own to high standards decided a long time ago that they would hold their leaders to no standards at all, thinking it the same thing.

Morals and ethics and such are just for us little people.

Harry Reid never spent a day working for anyone but the government but yet has an estimated net worth of between $3 million and $6 million.

And that’s not all.

As Senate Majority Leader, Reid dumped his holdings in energy companies in 2008, right before the energy market crashed and bought healthcare stocks with the proceeds. Within 6 months Reid was heavily involved in re-writing healthcare laws.

You want to get the money out of politics? Then get politicians out of the business of regulating everything.


John Ransom

John Ransom is the Finance Editor for Townhall Finance.