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Politicians were involved through donations. Whether to call that "compromised" is left as an exercise to the reader.

JumpCrisscross 4y ago
> Politicians were involved through donations. Whether to call that "compromised" is left as an exercise to the reader. Plenty of people hopelessly throw money at politicians. Most get no remuneration. Again, there is a paranoid subculture that assumes every donation brings legislative power, and for them, this is a relevant story. Most do not because, in most cases, it does not.
- unmole 4y ago
  So, you think the second largest donor isn't going to get favorable treatment? This is after we know that multiple congressmen already tried to block the SEC from looking into FTX too closely? And after FTX was allowed to acquire a stake in a FDIC member bank at a inflated valuation?
- factsarelolz 4y ago
  > Plenty of people hopelessly throw money at politicians. Those people throw tens or hundreds of dollars. Not tens of millions of dollars. Big difference. > Again, there is a paranoid subculture that assumes every donation brings legislative power No I don't believe the $3 Bernie was asking for would bring any legislative power but $30,000,000?
  - JumpCrisscross 4y ago
    > people throw tens or hundreds of dollars. Not tens of millions of dollars. Big difference Nope. I’ve been close to New York, California and Wyoming federal politics for a short bit. There is always someone throwing big money in a bill market. They get suave dinners and photo shoots. But nobody takes what they’re saying seriously. Enough is done, in private, to keep the dollars rolling. But for powerful incumbents, there are more big donors than swing senators. (The non-swing guys can’t push the margin. But they still get dollars, because the point is the photo shoot.)
- isitmadeofglass 4y ago
  > there is a paranoid subculture that assumes every donation brings legislative power And there is a certain class of people so naive that they think any individual would give hundreds of millions to a politician with nothing but just good intentions, and that any politician would warrant such a donation purely through being outstanding and Jo able politicians.
  - JumpCrisscross 4y ago
    > any individual would give hundreds of millions to a politician with nothing but just good intentions Of course I don’t. They’re just raised outside power. They think money buys influence through donations. It doesn’t. They’re being played, and there will eternally be a joker in their seat.

> Politicians were involved through donations. Whether to call that "compromised" is left as an exercise to the reader. Plenty of people hopelessly throw money at politicians. Most get no remuneration. Again, there is a paranoid subculture that assumes every donation brings legislative power, and for them, this is a relevant story. Most do not because, in most cases, it does not.

unmole 4y ago
So, you think the second largest donor isn't going to get favorable treatment? This is after we know that multiple congressmen already tried to block the SEC from looking into FTX too closely? And after FTX was allowed to acquire a stake in a FDIC member bank at a inflated valuation?
factsarelolz 4y ago
> Plenty of people hopelessly throw money at politicians. Those people throw tens or hundreds of dollars. Not tens of millions of dollars. Big difference. > Again, there is a paranoid subculture that assumes every donation brings legislative power No I don't believe the $3 Bernie was asking for would bring any legislative power but $30,000,000?
- JumpCrisscross 4y ago
  > people throw tens or hundreds of dollars. Not tens of millions of dollars. Big difference Nope. I’ve been close to New York, California and Wyoming federal politics for a short bit. There is always someone throwing big money in a bill market. They get suave dinners and photo shoots. But nobody takes what they’re saying seriously. Enough is done, in private, to keep the dollars rolling. But for powerful incumbents, there are more big donors than swing senators. (The non-swing guys can’t push the margin. But they still get dollars, because the point is the photo shoot.)
isitmadeofglass 4y ago
> there is a paranoid subculture that assumes every donation brings legislative power And there is a certain class of people so naive that they think any individual would give hundreds of millions to a politician with nothing but just good intentions, and that any politician would warrant such a donation purely through being outstanding and Jo able politicians.
- JumpCrisscross 4y ago
  > any individual would give hundreds of millions to a politician with nothing but just good intentions Of course I don’t. They’re just raised outside power. They think money buys influence through donations. It doesn’t. They’re being played, and there will eternally be a joker in their seat.