Inaugural Sponsors Spent $160 Million Lobbying Government

  1. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Inaugural Sponsors Spent $160 Million Lobbying Government

    http://www.breitbart.com/Big-Government/2013/01/18/inaugural-sponsors-spent-160-million-lobbying-government

    It's a fool's game to take anything Obama says at face value. There is always a catch. For his second inaugural, he publicly congratulates himself for banning lobbyists from sponsoring the events. Of course, no such prohibition exists on the companies who hire the lobbyists. The companies who are trying to influence the government are welcome to participate, even if their hired guns are not. The corporations who are the biggest donors to the inauguration have spent $160 million lobbying government since Obama first took office.

    From a report by The Center for Public Integrity:

    Chief among corporate inaugural donors: AT&T Inc., Microsoft Corp., energy giant Southern Co., biotechnology firm Genentech and health plan manager Centene Corp. Together, more than 300 registered lobbyists worked on the five companies’ behalf to influence legislation and government policy, according to their latest federal filings covering January through September.

    Corporations hire lobbyists to get access to officials so they can advocate for their positions. It is the access that is the main reason to hire a lobbyist. To a large extent, lobbyists are simply the middlemen. Obama's ban on lobbyist donations simply cuts out the middleman, allows corporations better, more direct, access to officials and allows him to reap dollars from those most trying to influence his Administration.

    For his first inauguration, in 2009, Obama banned contributions from corporations and limited individual donations to less than $50,000. Those limits have been wiped away for this year's event.

    Always a catch.

     

     
  2. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Re: Inaugural Sponsors Spent $160 Million Lobbying Government

    I have big problems with this.  But from the perspective of private sector political investors, it sure is a sure thing.  The investment target is already in.  And it sure is the way things are done among big corporations in the private sector world.  Mr. Kozlowski's practices were just among the more colorful.

    What's to be done?  Break up the corporations?  Nah.  This is a key reason why the model (including corporations as people) exists.  Limit this sort of ex post facto investment?  Nah.  Because that would be more regulation.  And because Bob McDonnell might be the next one in.  

    http://bearingdrift.com/2012/11/19/draft-bob-mcdonnell-for-president-2016/

    Right, BetheKoolaid/ComingLiberalCrackup?  So, instead let's just have a drink together on them - or several - and rant.

    Sorry for the digression.  Back on track, let's start with the insurance industry.  Anyone here ever been to a hospitality suite - ballroom - at an insurance industry convention?  Hoo boy.  And those don't lay a patch on their budgets for political investment.

     
  3. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Re: Inaugural Sponsors Spent $160 Million Lobbying Government

    By the lights of this thread, Senator Warren's coffers should have been overflowing the day she put out her post-election appeal.  Maybe the big political investors don't see her as a mark? Probably the opposite.

    Sorry, another digression.

     
  4. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Inaugural Sponsors Spent $160 Million Lobbying Government

    Firewind, you are delusional if you think Democrats like Granny Warren are anti "Big Business".

    Democrats are pro-Crony Capitalists. They want companies "too big to fail".

    The more Nanny State controls and regulations and tax loopholes are directed from Big Government in Washington, the more the large corporations benefit, because it makes it impossible for competitors to have a chance.

    Democrats' regulatory apparatus picks the winners and losers, so corporations succeed no by making better products and services, but by bribing Washington to rig the playing field to their advantage.

    Bob McDonnell for President 2016!  He is very popular here, and has a great record of success. 

     

     
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  6. You have chosen to ignore posts from Firewind. Show Firewind's posts

    Re: Inaugural Sponsors Spent $160 Million Lobbying Government

    Ya think?  That's what the feed the Virginian delivered is all about.

     

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