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Blago's Auction
Excerpt:

Take Michelle Obama's 300 thousand dollar PR (community organizing) job at a hospital that had received a ton of government hand outs due in part to efforts by Barack and his connections. Classic "pay to play" crony capitalism. While she was in that job, she managed to "create" 21 new organizing jobs at that same hospital. (and we thought health care money was supposed to be used to treat sick people - what dupes we are). That's 22 crony health care jobs and not one person was healthier as a result and not one job created by the market forces of supply and demand. The Obamas, however, were both richer and more powerful as were a handful of their friends. Not exacly how the Huxtables practiced medicine.

Governor Blago surely was aware of this arrangement and he obviously expected the power to appoint Barack's replacement to pay off big. While he was simply practicing pay for play, he was simply not as elegant in his plan as say, Chris Dodd. Dodd's pay for play example does show, however, how a senate seat can be a gold mine, not to mention how devastating the resulting policy tentacles can be.

Posted by: Besoeker 2008-12-26
http://www.rantburg.com/poparticle.php?ID=258163