Where else can investing $1 get you $1000?

Online access remains limited.  Saw this, however, in the international print edition of the USA Today, elaborating precisely the problem with the entire American political system (to wit: that its financing system remains corrupt to the core, and virtually every aspect of public policy is now on sale to the highest bidder):

Contributors to GOP reap big post-election victories

Less than six months into a new term for President Bush and the Republican-controlled Congress, some of their heaviest donors are scoring victories on the legislative and regulatory fronts.

From rewrites of the laws concerning bankruptcy and class-action lawsuits to relief for oil, timber, and tobacco interests, the GOP’s business supporters who gave millions of dollars last year are reaping decisions worth billions from a Congress with more Republicans.

The best-case annual return on invested capital within a particularly robust business: maybe forty percent.

The best-case annual return on invested capital when buying political influence: maybe a thousand percent.

You can see where the whole American system might be headed long-term very quickly.

On a related note:

One of the arguments you hear against sending aid to the poorest African nations is that many of their governments are notoriously corrupt kleptocracies.

The near-immediate response which seems to be commonly made by supporters of such aid across Europe: the American government’s a kleptocracy, too, but that doesn’t stop us dealing with them.

Whether that’s a fair comment or not you can judge for yourself.  But I’ve now heard it made twice, in two different countries.  And neither interviewer flinched.