Politcal Auctions

One of Mark Pincus' favorite topics is political corruption. He really cracked me up with this post yesterday. Check this part out:

I can't wait for the day when we the people get a chance to bid openly to buy off politicians and contracts. If this system were just put online at least it would be open and competitive. Then maybe the better projects might win. At least these sleazy, dumb old white men wouldn't be the ones getting rich and the margins might go down.

Besides, with this system of openly bid payoffs the money would be greater and we might attract smarter people.