Unjust rewards

Written by Rosa Colucci on .

When dictators were changed in "banana republics," the outgoing administration was always careful to leave with a share of the public "goodies." The incoming group, which after all, had its supporters to repay for installing it in office, also had to take a cut of the public pie upon entering office. So it was in the dictatorships of the Third World.

We are much more sophisticated here in America. We don't call such rewards graft; we call them "bailouts," and they occur under the very noses of the electorate.

The banking community, which supported the outgoing Republicans, got a third of a trillion. When the administration changed, highly compensated auto industry executives also were found to deserve a reward despite allowing their companies to founder. They then shared in the public money, too, awarded by the incoming group.

It seems to me that the first method seems more upfront than the second method of rewarding the victors.


Franklin Park


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