The Hard Truth About Washington Corruption4/21/12
What do the following have in common?
The size of the world markets for decaffeinated coffee, ring tones, outdoor and casual furniture or counterfeit airplane parts
The value of Adobe’s recent share buyback
The size of recent bond issues by Portugal and California
The entirety of the Irish beer market or the European dental implant market
The decline in market cap of Goldman Sachs after Greg Smith trashed it
The Los Angeles Dodgers or a casino in Macau
The value of the iPad trademark in China
The amount spent annually by the junk food industry on marketing to children or by movie studios on stunts, giveaways and promotions
And, wait for it,The expected cost of the 2012 Presidential election
By now, everyone has gotten the answer: about $2 billion.