Image 01 Image 03

Wet Dreams From My Lobbyist

Wet Dreams From My Lobbyist

On February 28, 2009, Barack Obama gave a weekly address regarding his proposed massive budget in which Obama ramped up his attack on lobbyists:

I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak.

My message to them is this: “So am I.”

On March 1, 2009, I wrote:

Oh, please. Obama’s multi-trillion dollar spending spree is a lobbyist’s wet dream. More money will be made by more lobbyists divvying up this pork than in the collective history of the United States.

Today this report came out, 2009: Lobbyists Most Profitable Year:

A record $3.47 billion was spent on federal lobbyists in 2009, according to a new study by the nonpartisan Center for Responsive Politics. Ergo, fair now to say that Wall Street and K Street had a bull year, while Main Street suffered in recession.

The lobbyist boon times were tied to the legislative debates of the day: health care reform, financial reform and energy policy.

I can’t believe I put “wet dreams” in a post title, but it has come to that.

——————————————–
Related Posts:
Why Don’t We Just Move To Casablanca
Shocked To Find Lobbying In Obama Administration (Part 2)
Shocked To Find Lobbying In Obama Administration

Follow me on Twitter and Facebook
Bookmark and Share

DONATE

Donations tax deductible
to the full extent allowed by law.

Comments

The NYTimes (in an infrequent display of honest journalism) also revealed that Mr. 'Anti-Lobbyist' happens to be personal friends with Jamie Dimon, CEO of JP Morgan Chase, a major donor to the Democratic Party.

"…Its chief executive, Jamie Dimon, is a friend of President Obama’s from Chicago, a frequent White House guest and a big Democratic donor. Its vice chairman, William M. Daley, a former Clinton administration cabinet official and Obama transition adviser, comes from Chicago’s Democratic dynasty…"

"…Just two years after Mr. Obama helped his party pull in record Wall Street contributions — $89 million from the securities and investment business, according to the nonpartisan Center for Responsive Politics — some of his biggest supporters, like Mr. Dimon, have become the industry’s chief lobbyists against his regulatory agenda…"

source:
http://www.nytimes.com/2010/02/08/us/politics/08lobby.html