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Linda McMahon has spent $22 Million of her own money just to win the Republican nomination for Senate in Connecticut. The annual salary of a Senator is $174,000 a year. Meg Whitman, in California, has spent about $100 million of her own money to get the Republican nomination for Governor. The salary for that job is $212K a year. What kind of economic sense does it make to spend these kind of sums to get a job that pays a fraction of the cost spent? Aren't there more beneficial ways for these people to help the public that they say they are so concerned about?
Nor does it make any economic sense for Warren Buffet or Bill Gates to give away 99% of their fortunes, or for a Doctor to drop a lucrative private practice to go do eye surgeries for free in central America, or for a millionaire businessman to take a job running a struggling charity. Unlike liberals, though, not everyone is simply asking "What's in it for me?". Meg Whitman, for example, has more money already than she could possible spend in her entire life. To her it is well worth spending an actually pretty small slice of it to try to do something to actually help her fellow Californians. Richard
Meg Whitman will spend over $100,000,000 in her race for Mendota Heights governor. If she wins, she will push for tax changes that would lover her bill by several hundred of million dollars (she wants to eliminate state capital gains taxes, the source of the majority of her income). Such a deal!
Because power is worth more than money. Money is just a means to an end, the ultimate end being power.
Clearly the payoff is not in the salary. It is in the power they'll accrue, and the money that will buy. Or, less cynically, the payoff is the good they'll do and the changes they'll make.
It's either ego, or they consider it an investment and intend to use their position to make millions of dollars more than what it cost them to get there.
Would you rather they take money from special interest, and be slaves to corporations? whitman owns Ebay (built it from the ground up) so she can afford it, and plan on voting for her because she will be less likely to owe "favors".
It is the position of power and being able to accept bribes from lobbyists.