America enters reign of unprecedented corruption

REMEMBER all the news reports suggesting, without evidence, that the Clinton Foundation's fundraising created conflicts of interest? Well, now the man who benefited from all that innuendo is on his way to the White House. And he's already giving us an object lesson in what real conflicts of interest look like, as authoritarian governments around the world shower favours on his business empire.

Of course, Donald Trump could be rejecting these favours and separating himself and his family from his hotels and so on. But he isn't. In fact, he's openly using his position to drum up business. And his early appointments suggest that he won't be the only player using political power to build personal wealth. Self-dealing will be the norm throughout this administration. America has just entered an era of unprecedented corruption at the top.

The question you need to ask is why this matters. Hint: It's not the money, it's the incentives.