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The real shame is that our parties have to buy votes

WE all know, I think, why people with the wherewithal sign big cheques for political parties.

At best, they are supporting a cause close to their hearts. At worst, the cause closest to a donor's heart is his wallet. He wants and expects a return. He is making an investment.

This was plain enough long before Peter Cruddas, the now-former Tory treasurer, was caught advertising the carte de jour for his party's inner circle. After all, David Cameron had already warned of a scandal "waiting to happen". With dinners at £250,000, and access to policy thrown in as an amuse-bouche, he got no prizes for prescience.

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