My new employer has a PAC, and recently has been trying to get employes more interested in the political process.
Gosh, what has taken them so long? After all, any good liberal can tell you that businesses are on the offense in Washington, afflicting innocent legislators with their incessant desires for favors.
Shouldn't Wall Street be giving them favorable press? "XCo rose 2 points on knowledge that they'd started a PAC. Amalgamated WTF fell 3% after their chief lobbyist went to work for their chief competitor."
Or could it be that in fact it's the other way around - that businesses have to cover their backs in Washington lest they get their pockets picked or get legislated out of existence?
Jonah Goldberg knows the answer and talks about it here.