Intent and motive


In my recent post about the capture of the Obama Administration by the financial services lobby, I said it was irrelevant whether they were deliberately looking to line the pockets of the banking industry. This is an important point as you decide whether to donate campaign money, how or whether to vote, and who to elect to office in all the upcoming elections.

In our democracy, the ballot box is where you get to act as jury. Campaign contributions is where you get to be the judge. You can convict any incumbent politician of misusing public trust and yielding to monied special interests by withholding your money and voting the individual out of office.

So when you make these decisions, always keep this in mind:

To convict, you don’t need to prove intent, you just need to prove motive.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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