Totally right - the other astonishing thing is just how cheaply regulators and congress can be bought. A congressional race costs between 1-5 million for all but the most expensive media markets. That's all they need to raise, total. If you're a multi-billion industry player, what's a few million to set up a PAC? It's nothing, compared to the return you get. Run a few ads claiming that the non-bought person in the race is going to restrict your freedom or let terrorists into the country or some bombastic nonsense. Huge ROI.