When five U.S. senators get caught pressuring a regulator on behalf of a financial magnate, they become known as the “Keating Five.” The public is predictably outraged. But what no one expects is that one of those senators will learn from his mistakes and become the staunchest campaign finance reformer in decades. 

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You might remember Mitt Romney’s infamous line: “Corporations are people, my friend.” But where did this idea come from? In this episode: how the Ford Administration and the Powell Memo movement turned to the Supreme Court to establish the precedent that legalized corruption: money is speech, and corporations are entitled to First Amendment rights. 

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How did corporate executives and politicians turn Lewis Powell’s memo from a blueprint into a master plan — and begin executing it? In this episode, we uncover proof of a secret “Powell Memo Task Force,” as well as clandestine meetings involving America’s most powerful businessmen, a future president, and an ambitious young media consultant. The results would change history.

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A seemingly moderate corporate lawyer grows alarmed by anti-corruption reformers’ policy wins and writes a manifesto detailing how corporations and oligarchs can dominate American politics. Months later, he’s confirmed to the U.S. Supreme Court by senators unaware that his manifesto is going viral among the business elite.   

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There’s a lost tale behind Watergate: corporate bagmen, suitcases of illegal cash, and Nixon circumventing the very campaign finance rules he’d just signed into law. Amid the blowback, Nixon leaves a ticking time bomb in the heart of Washington.

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Ever wonder how America became so corrupt? It didn’t have to be this way. Our series begins in 1971, a time when hot pants were hot, bell bottoms were swinging, and campaign cash flowed like… milk. 

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A secret plot. A public theft. A democracy corrupted.

Discover the truth. The first two episodes of Master Plan, a new podcast from The Lever, will be available on August 27 wherever you get your podcasts.

Listen early and ad-free at masterplanpodcast.com