In fairness the companies probably feel that they don’t have much choice but to keep their mouths shut. Hopefully this will change.
Here’s one bit I will give the President. He has made at least some of the visitor logs public, but not all, which is an important point. Other presidents have held visitor logs even more closely.
The pharmaceutical lobby is the most influential in Washington DC according to a recent survey by APCO Worldwide.
Washington is the land of lobbyists. Every interest it seems is out to game the system for its benefit. The defense contractors, which rely on taxpayer dollars for nearly their entire existence do a lot of it.
Given that these companies are basically supported by the taxpayer they are supposed to be subject to special lobbying disclosure reporting. Politico reports however that despite these disclosure laws, the regulations appear to be widely ignored.
Sugar in this country is colossally messed up. Really we shouldn’t even be growing sugar crops in this country as the countries to our south can do it for less than half the price. But the Louisiana, Mississippi, and Hawaii cane growers have a powerful lobby.
Who writes the laws? The lobbyists.This isn’t completely true, but it is true to a very large extent as this article explains.
The thicker the law, the more opaque the legislation, the more opportunities there are to make money. There’s a reason Obamacare is a stack of papers taller than a man, same for Dodd-Frank. Both laws deal with impossibly complex areas of the economy best left to market mechanisms. To a very large extent the problems which both Obamacare and Dodd-Frank seek to address, access to healthcare and a corrupt banking system respectively, are problems created by prior government involvement in the marketplace.
It’s good that the New Hampshire Republican made at least a brief stop at Goldman Sachs. How embarrassing would it be if the head of the most important banking trade group wasn’t a Goldman alum?
After every election one can see the Running of the Congressmen (also known as the “Running of the Bullshitters”) from Capitol Hill, down Constitution Avenue, then onto Pennsylvania Avenue, through Downtown DC to the finish on K Street.
It’s really quite a spectacle. But a word of advice—don’t try running with them the way people do with the bulls in Pamplona, it’s much more dangerous.
Interests supporting a controversial bill aimed at improving cyber security, set for a House vote Thursday, spent 140 times as much lobbying Congress as those on the other side of the debate and have dozens of former Capitol Hill insiders working on their behalf, an analysis by the Sunlight Foundation’s Reporting Group shows.
Crony capitalism is pervasive. Both major parties are engaged in it and in the attached article we see a great example of an important organization which has long championed “small government” officially but has now abandoned its principals. The American Conservative Union is afraid that a new breed of small government types are actually going to try to make government smaller. This means cuts to defense and transportation. Both are conduits to constituencies the ACU is friendly with.