Biddah, biddah, biddah
I’m a terrible gambler…in the traditional sense. When it comes to entrepreneurship, I’m a total risk taker. But when it comes to lotteries, slots, etc., it’s never been my thing. For years I had a client in Las Vegas and I’d spend 2 or 3 days a week there. It took me nearly 18 months to play a slot – and then it was the penny slot for about 5 minutes or less than a dollar. When the mega-lotteries hit the $100 million jackpots, then I’ll play. On eBay I’m more apt to “buy it now” than to bid. Auctions are a staple of the fundraising circuit, just as bad food and long speeches are. Television has popularized the auction process with Storage Wars and its various clones. Having people compete to buy something, or to donate is relatively harmless and many find it entertaining. Providing a cash prize for voting? That just seems like a bad idea, but it’s exactly what Los Angeles is considering. The Los Angeles Ethics Commission recommended that the City Council consider a cash-pr...