The Absurd Report

Years ago, I worked at Merrill Lynch in New York. My investment banking division never changed its policies or practices without first launching task forces and convening dozens of meetings to consider the possible repercussions of our proposed actions.

After months of tedious analytical sessions came a voluminous report with its ultimate decision based on one central principal: would the rewards we anticipated outweigh the risks we were about to assume?

Looking at New York Governor Eliot Spitzer�s decision to grant driver�s licenses to illegal aliens, about whom I wrote last week, you have to wonder if he�s ever heard of risk-reward.

Apparently Spitzer didn�t convene any meetings even though he�s surrounded by dozens of advisors who are mirror images of him: smart, ambitious Ivy League guys who should know up from down.

But either Spitzer�s inner circle doesn�t know the temperature of American citizens when it comes to illegal immigration, or their opinions, should they be asked, are worthless in the governor�s eyes.

Had Spitzer taken the time to ask him what could go wrong, the answer would have come booming back to him: �PLENTY!� And had he posed the follow-up question about what the rewards to him might be, the response would be a resounding:�None!�

Assuming I had chaired a Spitzer task force to study the pros and cons, from a purely political perspective, of what happens when states give (or propose to give) licenses to aliens, here is my five-point summary outlining the reasons why he should drop his idea.

1. Remember former California governor Gray Davis!

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