I’m sure that many of us wonder how politicians become so wealthy when “sacrificing” to become stewards of the country… To be reasonable, a salary of $174,000 a year as a US congressman is nothing to sneeze at. However, it’s certainly not enough for someone like Bernie Sanders to own multiple homes. It makes one wonder. Here is a solid analysis of how the the US political system has become perverted:
Congress doesn’t actually write legislation. The last item of legislation written by congress was sometime around the mid 1990’s. Modern legislation is sub-contracted to a segment of DC operations known as K-Street. That’s where the lobbyists reside.
Lobbyists write the laws; congress sells the laws; lobbyists then pay congress lucrative commissions for passing their laws. That’s the modern legislative business in DC.
When we talk about paying-off politicians in third-world countries we call it bribery. However, when we undertake the same process in the U.S. we call it “lobbying”.
The hidden path to wealth as a DC politician.