Billionaire T. Boone Pickens let's some truth out, and is "fed up" with Washington.
Pickens bemoaned the fact that several years ago he could get just six of 51 Senate Republicans to support his natural gas amendment — “after all the money I’ve spent on the Republican Party.”Grant politicians power, and the politicians themselves go up for auction.
“But it sure fixed it,” Pickens said. “I quit spending money on those guys.”
Pickens said he’s staying away from D.C.
“I’ve got other things to do and I’m running out of time,” said Pickens, 84.
Why bother with free markets, competition, and customers who are so fickle they'll drop you like a hat if something better comes along?
Instead, billionaires can head down to Washington DC, and 'spend' (as Pickens put it) their cash on the best politicians money can buy.
Now they can erect barriers to competition, receive subsidies, and even bailouts if they pick the right horse. They can use all types of agencies, like the FDA and FCC to get some sweet monopoly privileges as well. Customers be damned!
Who's hot with the Billionaires this election cycle?
Forbes gives us breakdown:
This will go on for as long as it's acceptable that politicians can wield power.
Let's also not overlook that the one man that wanted no power over anyone's life, but instead wanted abolish as much of it as he could, had no dollars 'spent' on him in the brothel for billionaires.