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.

 
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Andrew EisenThat doesn't mean there has to be a movie though. Having said that, I've no doubt that we will eventually get a Black Panther movie. But Stan Lee will probably learn about it around the same time you and I do.09/02/2014 - 2:34pm
MaskedPixelanteWell they have to get to him eventually. Captain America's shield didn't grow on a tree, the minerals to make it had to come from somewhere, and that somewhere is Wakanda.09/02/2014 - 2:31pm
E. Zachary KnightYes, but it has never been confirmed as in development, or even pre-production.09/02/2014 - 2:21pm
MaskedPixelanteBlack Panther's been on the short list for a while.09/02/2014 - 2:18pm
E. Zachary KnightIt is possible that Stan Lee mispoke. I don't think he knows everything Marvel movies. But it is a sweet idea if true.09/02/2014 - 2:04pm
Andrew EisenSo says Stan Lee who almost certainly wouldn't know.09/02/2014 - 2:04pm
MaskedPixelantehttp://www.cinemablend.com/new/Marvel-Black-Panther-Movie-Confirmed-By-Stan-Lee-66993.html Black Panther is apparently getting a movie. And maybe one for Black Widow, even though I think it's too late for her.09/02/2014 - 1:53pm
Cheater87Look what FINALLY came to Australia uncut! http://www.gamespot.com/articles/left-4-dead-2-gets-reclassified-in-australia/1100-6422038/09/02/2014 - 6:49am
Andrew EisenHence the "Uh, yeah. Obviously."09/02/2014 - 12:53am
SleakerI think Nintendo has proven over the last 2 years that it doesn't.09/02/2014 - 12:31am
Andrew EisenSleaker - Uh, yeah. Obviously.09/01/2014 - 8:20pm
Sleaker@AE - exclusives do not a console business make.09/01/2014 - 8:03pm
Papa MidnightI find it disappointing that, despite the presence of a snopes article and multiple articles countering it, people are still spreading a fake news story about a "SWATter" being sentenced to X (because the number seems to keep changing) years in prison.09/01/2014 - 5:08pm
Papa MidnightAnd resulting in PC gaming continuing to be held back by developer habits09/01/2014 - 5:07pm
Papa MidnightI find it disappointing that the current gen of consoles is representative of 2009-2010 in PC gaming, and will be the bar by which games are released over the next 8 years - resulting in more years of poor PC ports (if they're ever ported)09/01/2014 - 5:06pm
Andrew EisenMeanwhile, 6 of Wii U's top 12 are exclusive: Mario 3D World, Nintendo Land, Pikmin 3, Mario Kart 8, Wonderful 101, and ZombiU. (Wind Waker HD is on the list too but I didn't count it.)09/01/2014 - 4:36pm
Andrew EisenLikewise, only two of Xbox One's top 12 are exclusive: Dead Rising 3 and Ryse: Son of Rome (if you ignore a PC release later this year).09/01/2014 - 4:34pm
Andrew EisenNot to disrespect the current gen of consoles but I find it telling that of the "12 Best Games For The PS4" (per Kotaku), only two are exclusive to the system: Infamous: Second Son and Resogun.09/01/2014 - 4:30pm
MaskedPixelantehttp://www.joystiq.com/2014/09/01/beyond-two-souls-ps4-trophies-emerge-directors-cut-reported/ MMM MMM, nothing quire like reheated last gen games to make you appreciate the 400 bucks you spent on a new console.09/01/2014 - 4:24pm
Andrew EisenThat's actually a super depressing thought, that a bunch of retweeters are taking that pic as an illustration of the actual issue instead of an example of a complete misunderstanding of it.09/01/2014 - 4:20pm
 

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