For those not familiar with Chicago politics, Jessie Jackson Jr. was a congressman from 1995 (when he took over after sex-offender Mel Reynolds resigned) until last year. Jackson Jr. resigned from his position after it became clear the FBI knew of his misdeeds. On Wednesday, he and his wife, Sandi (a former Chicago alderwoman), plead guilty to federal charges related to spending about $750,000 in federal campaign funds for personal use. Some purchases include the infamous $43k Rolex watch he bought his mistress. $7k for stuffed elk heads. And over $600k in unreported income. I guess we should be happy he kept it in the family.
Kass writes:
Our favorite chapter is the first, titled “Making Your Money Work for You Through Consistent Budgeting and Saving.” It contains this fine line:
“Don’t spend money just for pleasure, use it to build wealth and, in so doing, acquire power to manage and control your life.”
And:
“Rich people tend to have certain habits that poor people would do well to emulate. For example, rich people understand that you shouldn’t fritter away your money on such baubles as cars and clothes which quickly depreciate in value.”
Another sentence I loved was: “You need to pay your taxes, whatever your income bracket. It is your civic duty, and it is the law.”
Our former politicians then could show their students how to properly budget; at the least the Illinois way. Budgeting to them is spending more than a proposed budget, while simultaneously swindling tax payers of some more money. What are a few more hundreds of thousands of dollars when the state already is heavily in debt?
For arts and crafts Blagojevich will teach you how to color your hair with coffee beans. Jackson will instruct you that if things go south diagnose yourself with some sort of affliction. Mental disorders are in vogue nowadays. Just ask Judge Cynthia Brim who was reelected by Chicagoans despite her confession that she is insane.
I hope you all have a learned a very important lesson from Jessie “Jackass” Jr. (my friend likes to call him that) and company.
Don’t live above your means.
Otherwise how else will politicians prosper?
*I’ve attached the Kass column. If you have time I think you should read it. There is also a 5-minute interview at the top of the page with John Kass.
Happy reading!
With Jackson now going to prison, maybe his wife and he can actually read the book “he” wrote.
And remember: It’s About the Money!
Email: realtalkdebate2012@gmail.com
Twitter: @adrakontaidis & @talkrealdebate