And that's certainly the narrative they are selling. But tell me something. You have been here a while, so I assume your bet worth has gone up.
Do you value $20 like you used to? Or now that you are not living paycheck to paycheck, has $20 turned into just more money? What I'd you were a millionaire, or a multimillionaire? Would $20 have the same value to you?
I ask, because the new, poor congressmen are millionaires, or close, and all of them are after their first term. So do you think these rich folks went through the ordeal of an election to look out for the interests of the little people, but are thwarted by all the money shoved in their faces? Really?
Do you think someone claws their way up to CEO of a large corporation, so they can open up their Scrooge McDuck style vault, and laugh at the poor congressmen pinned down under a stack of gold ingots?
Or do you think that when faced with the option to make a contribution of X, or pay 50X to confirm to new rules, a rational CEO should stand up and pay 50X, because it is the right thing to do? And if said CEO should choose to pay 50X, how does he justify that decision to the board? More importantly, how often should he make that choice? Because paying the 50X is begging for the same choice over, and over again, until he cracks, is fired, or the corporation goes bankrupt.
A tenant who doesn't pay rent has to be evicted, even though this is expensive and generates no rent, or other tenants start getting ideas about also not paying rent. A congressman who isn't getting paid has the same incentive structure to force contributions.
Now, the idea that "evil, corrupt CEOs stop our poor, underpaid civil servants from keeping their campaign promises " is a fine recruiting tool to get enthusiastic volunteers, and a good story to keep votes of an uneducated and disinterested electorate; but it simply doesn't fit the facts. Human nature is what it is. People don't buy what they don't want, especially if they can't even show it off.
But whether congress is organized crime, or CEO's are rich evil men, dressed in black, twirling the ends of their long moustaches, while tieing young ladies to railroad tracks is irrelevant. It is a chicken or egg question.
In the end, private money moves to congress public money moves away. How is separating this group of rich, corrupt, influential, powerful people from their source of riches, corruption, influence, and power "low hanging fruit"?.
Last edited by Riggerjack
on Wed Jun 28, 2017 11:45 am, edited 1 time in total.