Slow days.
Since Congress doesn’t pass anything – the lobbyists hoard their cash.
From The Hill:
Spending on lobbying declined last year for the first time in more than a decade, according to a campaign finance watchdog.
The Center for Responsive Politics reported Thursday that more than $3.27 billion was spent on lobbying activities in 2011, a drop from the more than $3.51 billion that was spent in 2010. The center said the total for 2011 spending should rise a a little because about 10 percent of the fourth-quarter lobbying reports still need to be processed.
For some reference; The Obama Campaign of ’08 cost $750 million. A Senate Seat costs about $25 million. So a normal of $3.5 billion a year in lobbying – it’s a lot.
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Lobbying has gotten way out of control.
Posted by Don in Massachusetts | January 29, 2012, 8:12 amYes it has.. and it pays off way too well….
Posted by mac | January 29, 2012, 11:29 amSo I guess the Congress gridlock sort of has an upside, if it means that lobbying is grinding to a (temporary) halt as well.
Posted by eurobrat | January 30, 2012, 12:05 amMy thoughts exactly.. not that it helps that much once the bad bills start moving again, but at least it’s stops/dampens the corruption for a while.
Posted by mac | January 30, 2012, 7:37 am