The Business OF Politics

The Washington Post reported that Ted Cruz raised $10 million in the second quarter and a total of $14.2 million since announcing his candidacy. In addition, his super PACs have raised an additional $37 million. That’s a lot of money (and he’s not done yet) for someone who has about zero chance of gaining the GOP Presidential nomination.

So $25.2 million that Cruz directly controls and another $37 million “uncoordinated” (my foot it is uncoordinated) is over $60 million to flow through a lot of hands. Hmmm.

Could a creative person divert 10-20% through selective business entities that provide services to the candidate? Or even better, what if these campaign funds purchased services from a business that in turn purchased services from etc until the money made it to Cruz or a family member?

Hold on, I am not accusing Ted Cruz of any illegalities, I am simply asking what if?

Most likely, only the crassest and least sophisticated politician directly syphons off money from their super PACs or direct campaign funds. The experienced politicians, I would prefer to think, would instead steer the money towards purchasing necessary services from those who would later throw business, influence, or favors back to the candidate (who presumably would be back in civilian life). Hmmm.

With 16 GOP and 5 Democrat candidates, it is not hard to imagine a cottage industry flourishing around Presidential, Congressional, and Governor races. Billions will be thrown at the 2016 Presidential race alone. And among friends what’s a few hundred million?

One must wonder why the Supreme Court chose to throw out campaign donation limits? Was it a clever plot to trap unsuspecting and greedy politicians? Or, was it a conspiracy of sorts to throw temporary advantage to conservatives who were suspected of having more money to distort public opinions? Hmmm.

Think about it.  Free speech being equated to corporations and unlimited spending seems far removed from the average voter. How could “Joe Average” compete with the Koch Brothers in mounting a civil debate over public policy? Hmmm.

It almost seems that candidates garnering some of the political donations for themselves is the lesser of the real problems created by Citizens United.

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Explore posts in the same categories: 2008 Election, 2106 Presidential election, campaign financing, Citizens United, congress, Democratic Party, GOP, Koch Brothers, Politics, Republican Party, Ted Cruz

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