Ever since the fall of the political party machines and the Progressive Era, big companies and special interest have been funding the payroll of all the presidential candidates. What do they get out of it? It’s a well known fact that corporations and interest groups rule American politics with their lobbying and underhand bribes, but in a Presidential election, if the candidate they endorse does get in to office, what kind of priviledges and benefits would they get and at what cost for the American people?
Well, most people assume that they are buying favors, and some probably are. I’ve certainly read some pretty shady stuff about Guiliani’s business dealings, which were a non-issue because he failed to get votes. And Bush has been pretty crooked himself.
But the other reason is that they think the candidate will benefit them indirectly. Maybe Senator X has a record of voting along pro-business, anti-regulation lines – that person might make a good president for a company that doesn’t want pollution caps put on their factories.
Maybe Senator Y is known to be pro-homeland security and war effort. That would make a good president for anyone in the war/security industry. Senator Z wants to raise teachers’ salaries – a great place for teachers to lay their money. Senator W is religious and believes in using the presidency to legislate morality – that’s someone the religious right might want to give money to.
Even if these Senators don’t promise anything to the individual special interests, they make a good investment.