Early numbers suggest that the first quarter of 2009 has seen
lobbying in the nation's capital spike by nearly 22 percent
over last year, which would be the largest ever increase in
lobbying activity - and a strong indication that President
Barack Obama has helped usher in a Golden Era for K Street.
Between Jan. 1 and March 16 this year, the Senate Office of
Public Records received 1,381 new lobbying registrations, which
include new lobbying firms, new clients at existing firms, and
businesses hiring their first lobbyists. This is the largest
batch of new registrations since 1999, the first year these
records were kept, and a 21.7 percent increase over last year.
If you subtract the lobbying accounts that have been
terminated, you get a net gain in active lobbying accounts this
year of 1,252, which represents a surge of 13.5 percent over
last year's growth of 1,103 net lobbying accounts in the same
period.
With lobbyists prospering, can the rest of the economy be far
behind?
Oh boy, with lobbying up, rackateering, influence peddling, and
billions of other waste products of the stimulus must be close
behind.
What is the estimated "waste factor" in government spending on
crisises? For example, how much of the Katrina expenditures were
fradulent claims and failed efforts? What does the the time/money
spent/results equation look like?
Becky| 3.18.09 @ 10:31AM
Oh boy, with lobbying up, rackateering, influence peddling, and billions of other waste products of the stimulus must be close behind.
What is the estimated "waste factor" in government spending on crisises? For example, how much of the Katrina expenditures were fradulent claims and failed efforts? What does the the time/money spent/results equation look like?