Comments on: Financial News Update – 06/23/09 http://noisyroom.net/blog/2009/06/23/financial-news-update-062309/ There are two ways to conquer and enslave a nation. One is by the sword, the other is by debt. John Adams Thu, 18 Mar 2010 14:57:07 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: Jack Lohman http://noisyroom.net/blog/2009/06/23/financial-news-update-062309/comment-page-1/#comment-5555 Jack Lohman Wed, 24 Jun 2009 16:43:58 +0000 http://noisyroom.net/blog/?p=1165#comment-5555 On California, there is one thing plaguing them that plagues all states. Taxpayers want politicians to make spending decisions in the best interest of the taxpayers, but the special interests that are funding the elections want just the opposite. So money that should be spent on schools and other infrastructure is spent on roads to nowhere and no-bid contracts instead. It is what it is until we decide to change it. Only public funding of campaigns will reverse that trend. On California, there is one thing plaguing them that plagues all states. Taxpayers want politicians to make spending decisions in the best interest of the taxpayers, but the special interests that are funding the elections want just the opposite. So money that should be spent on schools and other infrastructure is spent on roads to nowhere and no-bid contracts instead. It is what it is until we decide to change it.

Only public funding of campaigns will reverse that trend.

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