Blessed Assurance

Ihave recently been involved in some car care issues and have had to have “estimates” performed for the work that needed to be accomplished. This is often a harrowing process on a car with 200,000+ miles on it. The estimates for one piece of the work led to estimates for the next broken or worn-out part.

In 1828, New York Senator William L. Marcy uttered a phrase that described what he saw going on with political cronyism and nepotism leading to a small number of people benefiting from this unhealthy and unethical behavior. He said, “to the victor belong the spoils”. In his day and ours, the victors of any contest do not only win that contest, but they gain even more from contract bonuses and endorsement deals worth more than the winnings from the actual event. Likewise, we see small numbers of people benefiting from preferential treatment in contracting and in some political appointments. Insider trading, backroom deals, lobbying, dark money payments to political candidates are all bets by the givers that if they are victorious then they will reap far more than they have sowed.