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⚠️When I worked at Goldman, I learned a pretty surprising open secret.
When I worked at Goldman, I learned a pretty surprising open secret.
Did you know that if you want to be a US ambassador, you can just… buy it?
Costs about $1M (directly donated to a president).
Plus a couple more million (donated to a PAC).
Happens on both sides of the aisle, and the tradition can be traced back to the early 1900s.
In return, you get a luxury residence, six-figure salary, private school tuition for your kids, and a pretty cool line on your CV I guess. All covered by taxpayers, most often in a beautiful capital city in Europe or the Caribbean.
It’s the Golden Rule: whoever holds the gold, makes the rules.
Money really is power.
Remember that the next time you wonder if it’s greedy for wanting to own a small biz with enough cashflow to give your family a better life ;)
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