No, not cheapskates; they’re quite profligate with our money. I meant that as far as buying a politician’s support goes, they are well worth the money. I’m not just being my usual cynical self by saying that; studies back me up.
Companies that give money to political campaigns have better-performing stocks, according to a new study, than companies that don’t contribute. It’s no small gap, either. Corporations that give the most have beaten the market by 2.5 percentage points a year over the past 25 years.
“It doesn’t surprise me at all,” says Charles Gabriel, a longtime political analyst with Prudential Equity Group, a division of Prudential Financial. “Unfortunately, an investment in Washington pays off.”
What is surprising is how much companies get for so little money. The public companies that do give money, on average, fork out just $1,700 to $2,000 per campaign and support an average of 56 federal candidates in each two-year cycle.
For the low, low, low price of just $1999.99 you can walk away with a brand new Washington politician!!! Act now, before the good ones are taken! Don’t walk away from this deal, folks! Having a Congressperson in your pocket is always a safe investment! For less than 2 thousand dollars you can get a politician to write and vote for legislation that will bring your company millions of dollars of tax breaks and more! Act now! Supplies are limited!! [/infomercial pitchman]
Campaign contributions are just a form of legalized bribery. Anybody who tells you different is either a fool or complicit.