The next national election is now less than a year away and congressmen and senators are expending much of their time and their energy raising the millions of dollars in campaign funds they’ll need just to hold onto a job that pays $174,000 a year.
Few of them are doing it for the salary and all of them will say they are doing it to serve thepublic. But there are other benefits: Power, prestige, and the opportunity to become a Washington insider with access to information and connections that no one else has, in anenvironment of privilege where rules that govern the rest of the country, don’t always apply to them.
If you have not seen this already you MUST watch this. Bookmark if you dont have time to view now or read the transcript. This should outrage Democrats, Republicans, Independents etc. alike.
Dan Loeb’s Third Point Re To Merge After Years Of Losses
Last week, Third Point Re insurance, which is backed by US hedge-fund manager Daniel Loeb, said it would merge with Sirius International Insurance Group in a cash-and-stock deal worth around $788 million. The deal comes at a pivotal time for both companies. Third Point Re To Merge After Years Of Losses Early last year, reports Read More
Full video and transcript embedded below: