Information is power and power is money. They can use it to protect themselves and control high-ranking officials to ensure, for instance, that they will always be well-founded to be able to continue unfettered in their mission to acquire even more information and power.
The scary thing is that they would not have any leverage on people who have no skeletons in the cupboard. A morally "clean" president may shut them down. In a twisted way it would be in their interest to see bad people in power.
Not at all. Lies are proliferated as truth as a matter of official policy -- misinformation campaigns. The truth doesn't matter when you can drown it out.