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OT: Something I've always wondered about politicians....


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Showing 1-12 of 12 posts in this discussion
Initial post: Dec 20, 2012 11:37:55 AM PST
Last edited by the author on Dec 20, 2012 11:39:10 AM PST
Beau says:
Why do they pay so much money to try and get elected to a job that will pay them so little in comparison?

For example, the president of the United States makes roughly $400,000 a year and over four years that translates to 1.6 million dollars. Over eight years it's 3.2 million dollars

Yet, Barack Obama spent 684 million dollars in the last election cycle and Mitt Romney spent approximately 433 million dollars. (source: opensecrets.org)

So, can we assume that it's not about the money, but rather about the power of the office?

This isn't just limited to presidential candidates either; members of congress are paid roughly $170,000 a year, yet many of them spend many times that to get elected.

It boggles the mind.

Posted on Dec 20, 2012 11:40:17 AM PST
ChuChu Train says:
Because the money that get spent on the election isn't their money. Its the lobbyist/Sponsors/Bibery/etc, etc... The only time they spend their own money is when... uhhh hmmmm they uhh i'll get back to you on that.

Posted on Dec 20, 2012 11:40:52 AM PST
[Deleted by Amazon on Feb 13, 2013 3:02:18 PM PST]

In reply to an earlier post on Dec 20, 2012 11:40:55 AM PST
WesCyde says:
Yah but thats not his money, thats money raised through campaingning etc.

You know why they do it though because after those terms just one term they get retirement and medical for life.

Posted on Dec 20, 2012 11:41:23 AM PST
Lucanus says:
Power>Money

In reply to an earlier post on Dec 20, 2012 11:43:07 AM PST
Last edited by the author on Dec 20, 2012 11:43:14 AM PST
Beau says:
True. I think that even goes for a member of congress as well. Serve a single, two year term in the House and you're set for life!

Posted on Dec 20, 2012 11:44:07 AM PST
Soulshine says:
Yes, they all have tiny peepers.

Even the women.

In reply to an earlier post on Dec 20, 2012 11:46:30 AM PST
[Deleted by Amazon on Feb 13, 2013 3:02:20 PM PST]

Posted on Dec 20, 2012 11:49:54 AM PST
YIGT says:
Well congress gets lots of money from lobbyist that is money they keep often times. The president gets paid for life as well on top of that they make a crap ton of money from books and speaking. Clinton last year was making 100k + a speaking engagement. Ill take 100k for a 30-45 min speach. do that every month and bam you can live pretty nice on top of your 400k a year retirement.

In reply to an earlier post on Dec 20, 2012 11:51:22 AM PST
The hookups.

Once you serve your time you get a sweet benefits package for life and you use your time in office to arrange a cushy consulting gig.

In reply to an earlier post on Dec 20, 2012 11:59:53 AM PST
Last edited by the author on Dec 20, 2012 12:00:17 PM PST
Brykume says:
This. Also, politicians now often spend a majority of their time fundraising for their next election. Some cycles, since they are short (2 years), they begin the moment they get into office.

And yeah, the move from public sector to private sector works wonders. You have a great deal of gov't information (and the oppurtunity to craft regulations) then move into the private sector, where you sit on a board and give advice on how to exploit said regulations.

In reply to an earlier post on Dec 20, 2012 12:02:34 PM PST
Brykume says:
Very few people get paid like Clinton for speeches, but yes.. a lot of politicians and pundits can easily make 15k+ per speech.

And, do you notice.. now EVERYONE has a book? Any guest on any political show, any pundit, all politicians... everyone. Everyone's selling their shirt and people continue to eat it up, apparently.
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Discussion in:  Video Games forum
Participants:  9
Total posts:  12
Initial post:  Dec 20, 2012
Latest post:  Dec 20, 2012

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