Given the ickiness of what has been reported, it might not be good to think about that question too hard, so let’s turn that question on its head: What kind of reputation could be worth spending $3.5 million to protect?
To consider $3.5 million a reasonable sum to spend on protecting one’s reputation, presumably it has to be worth a lot more than that. And, indeed, in the context of the lobbying world, $3.5 million just isn’t that much money. Especially considering that Hastert was apparently making pay-offs over time. Special interest groups spent almost 1000 times that—$3.2 billion—in 2015 alone. If Hastert viewed protecting his reputation as a kind of investment in future earnings, $3.5 million is on the scale of buying an alarm system for your home, not buying a whole other house.
And, it’s important to remember, what Hastert was covering up with that hush money was not a “reputation” as an average citizen might conceive of it: something akin to honor or trustworthiness or fidelity. A lobbyist’s reputation, after all, actually hinges on his or her established lack of principles. A lobbying client for someone who is a former member of Congress is paying a premium for that person’s willingness to engage in barely-legal favor-trading. A lobbyist’s prices go up the more corrupt he is. Who wants to hire an honest one?
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