Warren Dew wrote:Coito ergo sum wrote:Why the FUCK would someone spend hundreds of thousands of dollars on a campaign? Or, millions? There is one answer: because they expect to make it back, with interest.
It's hard to see how Meg Whitman would make more money than she already has by being Governor. I suppose she might hope to keep more of what she has.
As you said, though, I think the general motivation for running for office is power over other people, rather than money. Of course, that's even worse than being greedy.
In Massachusetts, we occasionally have businessmen who seem to see it as kind of a civic duty to be governor for a bit. I get to vote for one of these - Charlie Baker - today. Unfortunately they usually leave after a term or two; I guess they figure they've done their duty by then.
I am sure that these folks pull shenanigans like .... pay PR companies that they they own high fees for certain "contracted" activities....i.e. - John Smith for Governor raises $1,000,000, and hires XYZ, Inc., a public relations and marketing firm, to make the signs and arrange for advertising. XYZ, Inc., though, is wholly owned by ABC Holding Company, LLC, which is wholly owned by The John Smith Family Living Trust.... So, he basically contracts with himself a cost much higher than the actual cost, and in that way skims off the top.
I have no proof, but I bet they do that shit all the time, and wash the money through different businesses. You know - get Front Corporation (wholly owned by the candidate) to be the supplier of food and water and office supplies to the campaign. Pay the Front Corporation a flat contract price well above the cost of the water and food and supplies, and skim the difference.