By: Bryan Beatty | January 20, 2010 | Investor Information, The Politicians
In Cincinnati , OH Kevin O’Brien was banned from the securities industry by FINRA the industry regulatory body. 2 months later he was chosen to manage the towns $35 million dollar budget.
Why is this important?
Mr. O’Brien is still holding himself out as a financial advisor/professional and was appointed to a local political position. Corruption in the public sector that is treated as acceptable makes it even easier for corrupt behavior in the private sector to become acceptable.
If it is possible to appoint or elect a person of questionable character then how can we expect that they will do as they swear to – defend and protect citizens.
Movies have been made about political corruption. The political environment in Chicago in the 1910s and 1920s let organized crime flourish to the point that many Chicago policemen earned more money from pay-offs than from the city. This same culture led directly to the Chicago Black Sox scandal of game fixing by the Chicago White Sox in 1919.
How long are we going to allow political corruption. From local politics and all the way to Congress we as individuals must stand for right and wrong. If we can’t put our foot down in our local political appointments then there is no hope for the individual perpetrator’s who harm innocent citizens everyday.
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