posted on Jan, 30 2018 @ 02:59 PM
Turkeys voting for Christmas.
www.theguardian.com...
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We may be told donors do not influence policy, but anywhere else our setup would be seen as corruption
Sometimes the relationship appears to be immediate. Before the last general election, 27 of the 59 richest hedge fund managers in Britain sponsored
the Conservatives. Perhaps these donations had nothing to do with the special exemption from stamp duty on stock market transactions the chancellor
granted to hedge funds, depriving the public sector of about £145m a year. But that doesn’t seem likely.
At the Conservatives’ annual Black and White Ball, you get the access you pay for: £5,000 buys you the company of a junior minister; £15,000, a
cabinet minister. Politicians insist that there’s no relationship between donations and appointments to the House of Lords, but a study at Oxford
University found that the probability of this being true is “approximately equivalent to entering the national lottery and winning the jackpot five
times in a row”.
If spending has no impact, no one told the people running the campaigns: both sides worked furiously at raising funds, sometimes from gruesome people.
The top donor was the stockbroker Peter Hargreaves, who gave £3.2m to Leave.eu. He explained his enthusiasm for leaving the EU thus:
“It would
be the biggest stimulus to get our butts in gear that we have ever had … We will get out there and we will be become incredibly successful because
we will be insecure again. And insecurity is fantastic.”
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At the Conservatives’ annual Black and White Ball, you get the access you pay for: £5,000 buys you the company of a junior minister; £15,000, a
cabinet minister. Politicians insist that there’s no relationship between donations and appointments to the House of Lords, but a study at Oxford
University found that the probability of this being true is “approximately equivalent to entering the national lottery and winning the jackpot five
times in a row”.
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It'd be pretty funny if we didn't now have to live with the fact morons handed power to 76 unleceted corrupt officials whose only interest is lining
their own pockets than improving the country - but it's already kicked off and another 60 years at least to go.