Investigate?
2 July 2007
The Editor, New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
For his Presidential bid, Barack Obama has raised a record sum of money - as you describe it, "a whopping $31 million" - in the last quarter ("Record Number of Donors Heartens Obama," July 2).
I don't begrudge the Senator's skill at attracting money to support his ambition. But this is the same politician who just over a month ago called for Senate hearings to investigate allegedly excessive pay for corporate CEOs. Sen. Obama somehow discerns that private-sector CEOs are paid too much despite the fact that those who pay these salaries do so voluntarily. Were he ethically consistent, Sen. Obama would call also for an investigation into his own bulging campaign chest. It, too, is full of lots of dollars contributed voluntarily.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
The Editor, New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
For his Presidential bid, Barack Obama has raised a record sum of money - as you describe it, "a whopping $31 million" - in the last quarter ("Record Number of Donors Heartens Obama," July 2).
I don't begrudge the Senator's skill at attracting money to support his ambition. But this is the same politician who just over a month ago called for Senate hearings to investigate allegedly excessive pay for corporate CEOs. Sen. Obama somehow discerns that private-sector CEOs are paid too much despite the fact that those who pay these salaries do so voluntarily. Were he ethically consistent, Sen. Obama would call also for an investigation into his own bulging campaign chest. It, too, is full of lots of dollars contributed voluntarily.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Tuesday February 5, 2008 at 2:00pm