A Poltician’s Burden – Pleasing Their Financiers

Ever thought about a politician’s cost to run a successful campaign.

No. Neither have I.

Cenk Uygur, a political commentator for TYT On-line News Network (http://www.tytnetwork.com/), has and he’s summarized his observations in a short weblog (http://www.youtube.com/watch?v=PyltezgnEX8).

After watching Mr. Uygur’s weblog, I wondered, what do “investors” in political campaigns want in return for their financing?

Or, as suggested by Mr. Uygur, to whom does the successful politician “owe” allegiance, their voting public or their deep-pocket financiers?

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About docjonz

I am an Associate Professor of accounting at Hofstra University in Hempstead, NY. Additionally, I have more than 30 years of professional accounting experience in various capacities including auditing, accounting standard setting and corporate accounting policy.
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