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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

On Politics

My home province of Alberta is gearing up for an election this week and it looks like there might be a change in government. It seems like one of the big issues for voters is trust. If a person/party stays in power for any length of time, the machinery that they build to support themselves eventually becomes corrupted. 

Corrupt people tend to gravitate to those in power. They tend to be very adept at corroding the good intentions of people. A great example is the Clinton dynasty. I think the mining community has a good handle on the character of certain donors to the Clinton Foundation. As Russel Zisky would say "never convicted." 

I see that Hillary Clinton has something in common with Alberta's ruling party, a trust deficit. There is a best before date for those in power. I'm thinking 10 years is too long and 5 is not enough.