Lobbying Machine in High Gear Despite Economy

August 5, 2010 -

As the economy trudges along and prices rise across the board for the working man, you’ll be pleased to note that the business of lobbying is apparently recession proof.

A report from Open Secrets reveals that special interest groups spent over $852 million across April, May and June of this year. Overall more than 11,100 groups hired over 10,500 lobbyists (outnumbering members of Congress by about 20 to 1 it was noted) during 2010’s second quarter.

Companies falling under the umbrella of finance, insurance or real estate spent $126 million lobbying over the three month period, a gain of 12 percent over the same period one year earlier. Commercial banking interests spent $15.5 million lobbying during the quarter, up 20 percent, while firms from the securities and investment sector dumped $27.6 million into lobbying efforts, a jump of 26 percent.

Lobbying efforts in 2010 are on track to outdo 2009 figures, which was a record year:

Since January, all special interests combined have reported spending more than $1.78 billion on lobbying. If spending continues at this pace, lobbying expenses this year will match, if not eclipse, the record $3.49 billion spent on lobbying last year.

Not surprising then perhaps, that confidence in congress is at an all time low.

Image taken from a fascinating (and disturbing) Lawrence Lessig presentation, which discusses the subjects of lobbying and campaign finance.


Comments

Re: Lobbying Machine in High Gear Despite Economy

As much as it sucks, lobbying is how things get done in governments. 

At least they "drained the swamp"...oh, wait. :(

Re: Lobbying Machine in High Gear Despite Economy

What exactly does lobbying entail? Meeting members of congress? Writing legal letters? I don't understand why it's quite so expensive.

Re: Lobbying Machine in High Gear Despite Economy

Lobbying is a way for businesses and special interest groups to contact members of the legislative branch in order to pass laws that are friendly to the lobbyist's employer.

The reason it is looked at so negatively is for many years these lobbyists have been giving gifts and meals that most people would consider excess. They pay for trips to hot vacation spots, buy meals at expensive restaraunts, buy watches and suits etc. They do all this while the rest of us US citizens have to email, write letters and make phone calls and hope that we get through the assistant filter in order to actually talk to our elected representatives.

E. Zachary Knight
Oklahoma City Chapter of the ECA
http://www.theeca.com/chapters_oklahoma

Re: Lobbying Machine in High Gear Despite Economy

'Gifts'. Like all those dinners for Biden, the trips for Clinton, the list goes on and on and on.

Draining the swamp my ass.

Forgot your password?
Username :
Password :

Poll

How do you feel about microtransactions in $60 video games?:

Shout box

You're not permitted to post shouts.
RedMageOh hey, a news station is trying to scapegoat gaming. That takes me back. https://twitter.com/GamingAnarchist/status/63754361236507443208/29/2015 - 1:40pm
Big PermA link to TB twitter with Matt Lees in the replies - https://twitter.com/Totalbiscuit/status/52528604482949939208/29/2015 - 12:16pm
Brad GlasgowWhy would he say the company lies about getting abuse? Oh, because people don't abuse GG?08/29/2015 - 10:38am
Big PermBrad - Matt Lees was also quick to say the company "Gamers Gate" lies about getting abusive messages thinking they were an official GG channel08/29/2015 - 9:11am
Goth_SkunkMGSV: The Phantom Integrity - A Rant by RazörFist. (NSFW on account of language). RazörFist discusses the latest batch of unethical journalist conduct, with a caveat. - http://ow.ly/RwXYT08/29/2015 - 7:10am
Goth_Skunk@Brad: I can.08/29/2015 - 6:13am
Goth_SkunkI assume "Stacy" is a pseudonym. After reading what she went through, I would not be one bit surprised if it is.08/29/2015 - 6:13am
Goth_SkunkA Year of #GamerGate: From Neutral To Anti To Neutral To Pro by "Stacy" - http://ow.ly/RwVeT08/29/2015 - 6:12am
Brad GlasgowI can't believe Matt Lees deleted his positive review of Ethan Carter because Chmielarz is sympathetic to GG.08/29/2015 - 5:30am
Goth_SkunkA GameDev's Year With #GG: The Good, The Bad, and The Ugly by Adrian Chmielarz - http://ow.ly/RwSCd08/29/2015 - 5:18am
Goth_SkunkDespite not being a fan of fighting games I had to check out that R Mika trailer. Loved it. Still won't buy the game though, on account of Isuckatstreetfighteritis.08/29/2015 - 2:42am
MechaCrashI use a Dynex DX-840 headset, but it's discontinued. :( I wanted a mono headset so I could keep the other ear free for my speakers, but it has the bonus of being very light and comfortable, so you don't notice it.08/29/2015 - 12:41am
Big PermSora - I was just having a slow day at work earlier. Now I'm home with vidya!08/28/2015 - 7:54pm
ZippyDSMleeSora-Chan: Blender is easy compared to 3Dmax :P08/28/2015 - 6:51pm
Sora-Chantime to take up a hobby? maybe messing around in GIMP to make wallpapers? use qCAD to design somethin? open Blender and stare at it for a couple hours trying to figure what does what?08/28/2015 - 6:41pm
Big PermAlso, yes. I've been spamming the shoutbox. I don't have much going on today, don't judge me08/28/2015 - 3:25pm
Big PermThanks, but yeah. Not sure I wanna drop that kind of cash :P I don't even mind the sound quality of my krakens, it just hurts to wear em after a couple hours.08/28/2015 - 3:25pm
Sora-Chan@Big Perm: I'm a bit of a fan of the Omega Recon3D headset from SoundBlaster. Though it is a bit expensive.08/28/2015 - 2:36pm
Big PermI actually need to look into a new headset. I have those green razer krakens and I would not suggest them. Though maybe they're better for people without glasses08/28/2015 - 11:32am
Big PermI've never heard if Apple was dominant in Japan.08/28/2015 - 11:25am

Be Heard - Contact Your Politician