CORRUPTION?

An economics professor in college taught us how to be corrupt. 

Get someone who owns a boat to donate $10.000 for your senate campaign. Once in the senate and working on the budget make sure there is money made available for the research of shrimp’s sexual orientation. Make sure your backer and his boat get the grant. Make sure the grant is for $100.000. Your backer’s costs include hiring a couple of scientists who can write a paper and one or two field trips, on the boat of course total $50.000. Publish report, take money.

In Iceland it works like this. Support Gudlaugur Thor Thordarson’s Independent Party campaign, get your guy a lot of voters, he gets to become Minister of Health. Make sure you have a consulting business because he will hire you because during his one and a half year in office he paid 24 million ISK to consulting businesses. That includes more than 15 million ISK to consulting companies owned by close political allies. Gudlaugur’s response is that the new Health Minister should get to work on more important matters and that the figure is miniscule compared to the Health Ministry’s budget. But as anyone who’s worked for private companies in the last few years know, he could definitely have gotten a whole lot better deals, but maybe he’s less careful when it is your money and mine. 

The explanations for the consultations are a laugh. “All sorts of expertise work for the minister” by a company that is owned by someone who Gudlaugur recommended to sit with him on the board of their local sports club. What sorts of all sorts of expertise did he provide?

“PR/Expertise-work for ministry and media-training for the minister and representatives” by someone who is Gudlaugur’s friend. Why is tax-money going that special route to train politicians in PR? And the corresponding bill is quite impressive, by the standards private companies are used to anyways. But then again, you don’t have to be careful with other people’s money now do you?

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3 Responses to “CORRUPTION?”


  1. 1 Roy February 24, 2009 at 8:29 am

    It´s the politician gene – also known as the the lawyer gene. It is believed to be present in the vast majority of those that exhibit criminal behavior. Studies have found that 95% of the inmates in prison populations have this gene.

  2. 2 Vilhjalm A. February 24, 2009 at 9:18 am

    Not really, it’s a polician-businessman’s gene. They will do anything they can to maximize profits.
    It’s no accident that the world crisis was started in the US when the government clamped down on the lawyers and eliminated regulations in the late 90’s and early 2000’s. No more Glass-Spiegel act separating investment banks from real banks. They cut down on class actions for securities and business fraud, especially after 2002. They gutted the SEC, the enforcement agency for the stock market, and the agency responsible for regulating mortgages. Hundreds of other laws – eliminated or made unenforceable by eliminating regulators.
    People may not like lawyers, but they stop the excesses and abuses, even though they do it for a profit.
    That has been Iceland’s problem – not enough laws and lawyers to enforce them. Too many greedy businessmen. All the conflict of interest problems in Iceland could have been prevented.

  3. 3 Roy February 24, 2009 at 10:44 am

    It would be nice to see a list of all these lawyers who are out to enforce laws for the public good. Ever hear the term ambulance chaser? If you think for one minute that lawyers are out to help the average citizen then I´ve got some property in the Gulf of Mexico you might be interested in!


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