Jerri-Lynn Scofield — AOC Campaign Finance Primer Goes Viral

Wow. 16 million hits, and counting. Leave it to Representative Alexandria Ocasio-Cortez (AOC)  to show how to turn a campaign finance primer into a viral video.  Certainly the first time a congressional hearing on strengthening ethics rules for the executive branch  reached such a huge audience. 

This is a must-watch clip. I hesitate to add much commentary, as anything I write will likely not add all that much, and might instead only distract from the original.Nonetheless, full speed ahead, damn the torpedoes! I will hazard adding some commentary.

I only ask that you watch the clip first. It’ll only take five minutes of your time. Just something to ponder on what I hope for many readers is a lazy, relaxing Sunday. Please watch it, as my commentary will assume you’ve done so.

This is a big deal. I have often written previously that without overhauling campaign finance, lasting reform is not possible, if it is even possible to pass in the first place. Getting the money out of politics is a sine qua non of genuine change for the better. And that is just for starters.

If you haven't seen the clip yet (it's all over social media), watch it and you will see why AOC is the political force she is.

Then read the rest of the article. Jerri-Lynn Scofield is a lawyer. She understands this in depth.

Naked Capitalism
AOC Campaign Finance Primer Goes Viral

Jerri-Lynn Scofield

FIFA execs arrested for corruption, but bankers free to steal billions (trillions) more!

Another one for the joke books.

The FBI announced a "big" arrest today of some FIFA officals who allegedly took $150 million in bribes (what bankers call, "pocket money") over a 24 year period. That's about $6 million per year or, about a quarter of Jamie Dimon's annual salary, but who's counting?

The Department of Justice indictment names 14 people on charges including racketeering, wire fraud and money laundering conspiracy. In addition to senior soccer officials, the indictment also named sports-marketing executives from the United States and South America who are accused of paying more than $150 million in bribes and kickbacks in exchange for media deals associated with major soccer tournaments. Read.

Thank God we have our vaunted, Department of Justice on this. We can all sleep easier now that these dangerous sports execs have been nabbed. Phew! Way to go, Attorney General Loretta Lynch!

Oh...wait...I forgot...

They got fines.

This is all part of the financial elites' plan, folks. Get the public addicted to these stupid games, make sure they're completely zombified and looted ($150 for a ticket to a baseball game?) by this industry, which really has only been created to serve as a major distraction so that the elites can rob us blind without us even knowing it or, caring about  it. (The elites own the teams, remember?)

But...if something "bad" happens in sports, like a bribe or, a player taking performance enhancing drugs (which the hypocritical fans love because it juices the players' performance to the max) or, God forbid, DEFLATED FOOTBALLS, then our "leaders" get real serious about these terrible "crimes" and throw the book at the "lawbreakers" hard. Destroy their careers or lock them up after media-frenzy raid that show them being led away in "perp walks."

Honestly, I don't know why the bankers and financial elites even want to steal: we throw trillions $$$ of taxpayer money at them for free. Maybe they rob just because they're bored and want something to do.

The joke's on us, folks. The joke's on us.

William K. Black — McCloskey’s Plea for an Unethical Ethical Response to Corporate Bribery

Bill smacks Deirdre McCloskey down for her obtuse ideas about ethics and corruption.

New Economic Perspectives
McCloskey’s Plea for an Unethical Ethical Response to Corporate Bribery
William K. Black | Associate Professor of Economics and Law, UMKC