You make a false choice between "congresspeople and their friends" and "someone shrewd enough to be making $10m/yr" Not all congresspeople are corrupt and not

You make a false choice between "congresspeople and their friends" and "someone shrewd enough to be making $10m/yr" Not all congresspeople are corrupt and not all those making $10m/yr are shrewd. These are classic government-bad capitalism-good strawmen. Personally, I doubt most of the folks capable of spending/investing $10m/yr are actually making that money themselves. In that case I would prefer the semblance of accountability I get from Uncle Sam instead of the supposed benevolence of random individuals spending money that fell in their laps.