Friday, June 19, 2009

Lobbyists doing very well under Obama

Here's a job growth sector Obama has really helped. Lobbying. Lobbyists began pouring money into his campaign and Democratic coffers when it became apparent Obama was the front runner, and it hasn't stopped. People who still believe the Republicans are the party of big business haven't noticed how the huge companies and sectors support increased government regulation and interference in business. Why? Well, it knocks down (but not out) the competition, and totally demolishes the little guy who might have gotten big. Only the biggest can afford to wade through that snarl of paperwork, hire the lawyers, and grease the palms of the local, state and federal officials in the pork game.

Although Obama vowed to reduce the influence of lobbyists, so far, he has succeeded in slowing the economy to a crawl and raising lobbying by 80% (from 2008) from a $1.8 billion in 2002 to $3.3 billion. (WSJ, June 15, State of Capitalism article) The $787 billion "fiscal stimulus" that we just absolutely, positively had to have or go under has turned out to be just one more slush fund for Congress, and the nose of the camel in the marxism tent.

NYT article

Tom Daschle, health care lobbyist

Total spending

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