01/11/09 - BaltimoreExaminer.com By Walter E. Williams
[edited] Without the rich for whipping boys, we might be able to concentrate on what's best for the 99.5% of the rest of us.
Legalized corruption is widespread, the job of 35,000 Washington D.C. lobbyists earning millions of dollars. They represent America's corporations, labor unions, foreign corporations, and unions. They are spending billions of dollars for favors at the expense of some other group of Americans.
Chairmanship or a seat on the House Ways and Means Committee is coveted. For a price, a loophole can be inserted into tax law, saving a company tens of millions of dollars, as in the Rangel scandal. At state levels, governors can award public works contracts to a generous constituent. At local levels, mayors can provide subsidies for stadiums and convention centers. Politicians can give favors, and they will find buyers.