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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.

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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

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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

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