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News Link • Obama Administration

Favors and Loot for Sale

• http://www.lewrockwell.com
Sen. John McCain has been complaining for years that "there is too much money washing around political campaigns today." According to a 2012 Reuters poll, "Seventy-five percent of Americans feel there is too much money in politics." Let's think about money in politics, but first a few facts.

During the 2012 presidential campaign, Barack Obama raised a little over $1 billion, while Mitt Romney raised a little under $1 billion. Congressional candidates raised over $3.5 billion. In 2013, there were 12,341 registered lobbyists and $3.2 billion was spent on lobbying. During the years the Clintons have been in national politics, they've received at least $1.4 billion in contributions, according to Time magazine and the Center for Responsive Politics, making them "The First Family of Fundraising."

Here are my questions to you: Why do people and organizations cough up billions of dollars to line political coffers? One might answer that these groups and individuals are simply extraordinarily civic-minded Americans who have a deep and abiding interest in encouraging elected officials to live up to their oath of office to uphold and defend the U.S. Constitution. Another possible answer is that the people who spend these billions of dollars on politicians just love participating in the political process. If you believe either of these explanations for coughing up billions for politicians, you're probably a candidate for psychiatric attention, a straitjacket and a padded cell.

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