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Sometimes a bank account will not be able to uncover that secret state of the art kitchen remodel or those visits to the vip massage center every week.

Yeah, I thought of that also. But at least a politician couldn't come into office with a bank account of $100,000, and leave a couple of years later, a multi-millionaire. Bribery and graft will always be a part of politics, but keeping a close eye on their accounts would mitigate that issue somewhat.